Flex Balance Sheet
NASDAQ: FLEXTechnologyElectrical ProductsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Flex financial position
At the end of fiscal 2026, Flex reported total assets of $22.06 billion, up 20.0% from a year earlier against total liabilities of $16.92 billion. Shareholders' equity stood at $5.14 billion, or 23.3% of assets. The company held $2.39 billion in cash and equivalents against $3.75 billion of debt, a net debt position of $1.36 billion.
The current ratio (current assets divided by current liabilities) was 1.36, meaning short-term assets cover obligations due within a year. Debt-to-equity was 0.73.
Summary generated from market data by MetaCap's automated system. Methodology
Flex balance sheet (annual)
| Fiscal year (USD) | FY 20262026-03-31 | FY 20252025-03-31 | FY 20242024-03-31 | FY 20232023-03-31 | FY 20222022-03-31 | FY 20212021-03-31 | FY 20202020-03-31 | FY 20192019-03-31 | FY 20182018-03-31 | FY 20172017-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 2.39B | 2.29B | 2.47B | 3.16B | 2.96B | 2.64B | 1.92B | 1.70B | 1.47B | 1.83B |
| Receivables | 4.68B | 3.67B | 3.03B | 3.48B | 3.37B | 3.96B | 2.44B | 2.61B | 2.52B | 2.19B |
| Inventory | 5.84B | 5.07B | 6.21B | 7.39B | 6.58B | 3.90B | 3.79B | 3.72B | 3.80B | 3.40B |
| Total Current Assets | 16.33B | 12.84B | 12.99B | 16.03B | 14.34B | 11.36B | 9.09B | 9.10B | 9.17B | 8.39B |
| Property, Plant & Equipment | 2.50B | 2.33B | 2.27B | 2.34B | 2.13B | 2.10B | 2.22B | 2.34B | 2.24B | 2.32B |
| Goodwill | 1.37B | 1.34B | 1.14B | 1.14B | 1.14B | 1.09B | 1.06B | 1.07B | 1.12B | 984.87M |
| Intangible Assets | 283.00M | 343.00M | 245.00M | 315.00M | 411.00M | 213.00M | 262.00M | 331.00M | 424.43M | 362.18M |
| Total Assets | 22.06B | 18.38B | 18.26B | 21.41B | 19.32B | 15.84B | 13.69B | 13.50B | 13.72B | 12.59B |
| Accounts Payable | 8.05B | 5.15B | 4.47B | 5.72B | 6.25B | 5.25B | 5.11B | 5.15B | 5.12B | 4.48B |
| Short-Term Debt | 0 | 1.21B | 0 | 150.00M | 949.00M | 268.00M | 149.00M | 632.61M | 43.01M | 61.53M |
| Total Current Liabilities | 12.02B | 9.85B | 8.54B | 10.87B | 10.71B | 7.83B | 7.21B | 7.60B | 7.27B | 6.50B |
| Long-Term Debt | 3.75B | 2.48B | 3.26B | 3.54B | 3.25B | 3.52B | 2.69B | 2.42B | 2.90B | 2.89B |
| Total Liabilities | 16.92B | 13.38B | 12.93B | 15.70B | 15.12B | 12.40B | 10.86B | 10.53B | 10.70B | 9.92B |
| Shareholders' Equity | 5.14B | 5.00B | 5.33B | 5.35B | 4.13B | 3.44B | 2.83B | 2.97B | 3.02B | 2.64B |
| Retained Earnings | 2.16B | 1.28B | 446.00M | -560.00M | -1.35B | -2.29B | -2.90B | -3.01B | -3.14B | -3.57B |
| Total Debt | 3.75B | 3.69B | 3.26B | 3.69B | 4.20B | 3.78B | 2.84B | 3.05B | 2.94B | 2.95B |
| Net Cash (Debt) | -1.36B | -1.40B | -787.00M | -530.00M | -1.23B | -1.15B | -915.00M | -1.36B | -1.47B | -1.12B |
| Shares Outstanding | 365.69M | 377.82M | 408.10M | 450.12M | 460.56M | 492.57M | 497.43M | 516.55M | 528.08M | 531.29M |
This table shows 10 annual periods of Flex's balance sheet, from FY 2026 back to FY 2017, across 18 line items including cash & equivalents, receivables, inventory. Values in USD; B = billions, M = millions. Fiscal periods follow FLEX's reporting calendar. What is a balance sheet?