Flex Ltd. Reports 2% Decline in Net Sales to $25.8 Billion, Net Income Drops to $3.2 Billion

Reuters
05/22
Flex Ltd. Reports 2% Decline in Net Sales to $25.8 Billion, Net Income Drops to $3.2 Billion

Flex Ltd. has reported its actual financial results for the fiscal year ending March 31, 2025. The company achieved net sales of $25.8 billion, consisting of $14.1 billion from Flex Agility Solutions, which saw a slight increase from $13.9 billion in the previous fiscal year, and $11.7 billion from Flex Reliability Solutions, down from $12.5 billion. The company's net income attributable to Flex Ltd. for the year was $3.2 million, compared to $3.8 million in the prior year. Net income from continuing operations was reported at $3.2 million, consistent with last year's $3.3 million. Additionally, the company reported a provision for income taxes of $0.8 million, a reversal from a benefit of $0.8 million in the previous year. Operating income increased to 4.5% of net sales from 3.2% the year before, while gross profit improved to 8.4% of net sales from 7.1%. Selling, general and administrative expenses remained stable at 3.5% of net sales. Overall, Flex Ltd. showed a mixed performance with slight gains in certain areas and declines in others, reflecting variations in its operational segments over the fiscal year.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Flex Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000866374-25-000027), on May 21, 2025, and is solely responsible for the information contained therein.

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