Flex Ltd. balance sheet

At the end of fiscal 2026, Flex Ltd. had total assets of $22.06bn, total liabilities of $16.92bn and shareholders' equity of $5.14bn. It held $2.39bn in cash against $3.77bn of debt.

Balance sheet

US$ billions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Flex Ltd.: balance sheet, annual
Fiscal year	2010Mar 2010	2011Mar 2011	2012Mar 2012	2013Mar 2013	2014Mar 2014	2015Mar 2015	2016Mar 2016	2017Mar 2017	2018Mar 2018	2019Mar 2019	2020Mar 2020	2021Mar 2021	2022Mar 2022	2023Mar 2023	2024Mar 2024	2025Mar 2025	2026Mar 2026	LTMSept 2026
Cash and equivalents	1.9	1.7	1.5	1.6	1.6	1.6	1.8	1.8	1.5	1.7	1.9	2.6	3.0	3.2	2.5	2.3	2.4	3.1
Receivables	2.4	2.6	2.6	2.1	2.7	2.3	2.0	2.2	2.5	2.6	2.4	4.0	3.4	3.5	3.0	3.7	4.7	5.8
Inventory	2.9	3.5	3.3	2.7	3.6	3.5	3.5	3.4	3.8	3.7	3.8	3.9	6.6	7.4	6.2	5.1	5.8	7.3
Total current assets	8.0	9.1	8.5	7.8	9.4	8.7	8.3	8.4	9.2	9.1	9.1	11.4	14.3	16.0	13.0	12.8	16.3	20.2
Goodwill	0.1	0.1	0.1	0.3	0.3	0.3	0.9	1.0	1.1	1.1	1.1	1.1	1.1	1.1	1.1	1.3	1.4	1.8
Total assets	10.6	11.6	11.0	10.6	12.5	11.7	12.4	12.6	13.7	13.5	13.7	15.8	19.3	21.4	18.3	18.4	22.1	27.4
Accounts payable	4.4	5.0	4.3	3.7	4.7	4.6	4.2	4.5	5.1	5.1	5.1	5.2	6.3	5.7	4.5	5.1	8.1	9.7
Deferred revenue (current)	—	—	—	—	—	—	—	—	0.3	0.3	0.4	0.8	0.6	—	—	—	—	—
Total current liabilities	6.3	6.8	6.3	6.2	7.7	6.8	6.6	6.5	7.3	7.6	7.2	7.8	10.7	10.9	8.5	9.9	12.0	15.0
Short-term debt	0.3	0.0	0.0	0.4	0.0	0.0	0.1	0.1	0.0	0.6	0.1	0.3	0.9	0.2	0.0	1.2	0.0	0.0
Long-term debt	2.0	2.2	2.1	1.7	2.1	2.0	2.7	2.9	2.9	2.4	2.7	3.5	3.2	3.5	3.3	2.5	3.8	5.2
Total debt	2.3	2.2	2.5	2.6	2.7	2.5	3.3	3.5	3.0	3.1	2.9	3.8	4.2	3.9	3.3	3.7	3.8	5.2
Total liabilities	—	—	—	—	—	—	—	—	—	—	—	12.4	15.1	15.7	12.9	13.4	16.9	21.6
Shareholders' equity	2.0	2.3	2.3	2.2	2.2	2.4	2.6	2.6	3.0	3.0	2.8	3.4	4.1	5.4	5.3	5.0	5.1	5.8
Shares outstanding	813m	757m	684m	639m	591m	563m	545m	531m	528m	517m	497m	493m	461m	450m	408m	378m	366m	369m

US$ billions unless shown otherwise. Fiscal quarters.

Flex Ltd.: balance sheet, quarterly
Quarter	2025 Q3Dec 2024	2025 Q4Mar 2025	2026 Q1Jun 2025	2026 Q2Sept 2025	2026 Q3Dec 2025	2026 Q4Mar 2026	2027 Q1Jun 2026	2027 Q2Sept 2026
Receivables	3.4	3.7	3.9	3.9	3.8	4.7	5.0	5.8
Inventory	5.3	5.1	5.2	5.3	5.5	5.8	6.5	7.3
Total current assets	12.8	12.8	13.5	13.8	15.2	16.3	18.2	20.2
Goodwill	1.3	1.3	1.4	1.4	1.4	1.4	1.8	1.8
Total assets	18.3	18.4	19.1	19.5	20.8	22.1	25.2	27.4
Accounts payable	5.0	5.1	5.8	6.1	6.5	8.1	9.2	9.7
Total current liabilities	9.0	9.9	9.9	10.4	10.9	12.0	13.2	15.0
Short-term debt	0.5	1.2	0.7	0.7	0.7	0.0	0.0	0.0
Long-term debt	3.1	2.5	3.0	3.0	3.8	3.8	5.2	5.2
Total debt	3.7	3.7	3.7	3.7	4.4	3.8	5.2	5.2
Total liabilities	13.3	13.4	14.0	14.5	15.7	16.9	19.7	21.6
Shareholders' equity	5.0	5.0	5.1	5.0	5.1	5.1	5.5	5.8
Shares outstanding	384m	378m	376m	371m	368m	366m	369m	369m

Balances at each fiscal year end (quarter end in the quarterly view). Total debt is short- plus long-term borrowings, including lease debt where the company reports it within debt. Where assets do not equal liabilities plus shareholders' equity, the difference (non-controlling interests, redeemable preferred shares) is shown on its own line.

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Figures from Flex Ltd.'s SEC filings (10-K and 10-Q), retrieved October 30, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Flex Ltd.