FLEXFlex Ltd.
Flex is the advanced, end-to-end manufacturing partner of choice that helps a diverse customer base design, build, deliver and manage products that improve the world. 10-K, Item 1
- Headquarters
- Austin, TX
- CEO
- Revathi Advaithi
- Next results
- around Feb 3, 2027
The biggest changes in the 10-K filed 2026-05-20, this fiscal year against the last, and the sentences in the MD&A (Item 7) where management explains them, quoted word for word. Tickdelta picks sentences that name the line, a direction and a cause. It does not write explanations of its own.
Cash from operations
+12.0% Big change FY to 2026-03-31 vs 2025-03-31“Cash provided by operating activities increased by $0.2 billion in fiscal 2026 as compared with fiscal 2025, as a result of higher profitability and favorable working capital movements.”
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Gross margin
8.4% → 9.2% (+0.8 pts) FY to 2026-03-31 vs 2025-03-31“The increase in cost of sales is less than the associated increase in net sales of 8%, as a result of favorable product mix with increases in revenue in higher margin Cloud and Power as well as cost actions taken during the period.”
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“Cost of sales in our RMS segment for fiscal year 2026 increased $0.4 billion, or 4%, from fiscal year 2025, due to 5% sales growth partially offset by cost reductions and favorable product mix.”
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Revenue
+8.1% FY to 2026-03-31 vs 2025-03-31“Net sales for our ITS segment decreased $0.2 billion, or 2%, from the prior year, primarily driven by a 9% decrease in our Lifestyle business, partially offset by a 6% increase in our Communications business.”
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“Net sales for our RMS segment increased $0.5 billion, or 5%, from the prior year, primarily driven by an increase in net sales of 13% in our Industrial business and a 5% increase in our Healthcare business, partially offset by a 2% decrease in our Automotive business.”
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Net income
+5.0% FY to 2026-03-31 vs 2025-03-31The MD&A has no sentence that names a cause for this change. That can be worth a question: ask about the filing.
Operating margin
4.5% → 4.9% (+0.4 pts) FY to 2026-03-31 vs 2025-03-31The MD&A has no sentence that names a cause for this change. That can be worth a question: ask about the filing.
Changes are computed from the XBRL figures in the same 10-K. Hover a number to see the line item. Open the 10-K ↗
Work on FLEX in a spreadsheet:
Excel workbook (a sheet per section, ten years by column, charts, links to the filings) ·
CSV.
For a Google Sheet that stays up to date, paste =IMPORTDATA("https://tickdelta.com/company/FLEX/export.csv") into a cell.