Flex (FLEX) Free Cash Flow (2009 - 2026)
Flex's (FLEX) quarterly Free Cash Flow came in at $40.0 million in Q2 2026, down 84.96% year-over-year from $266.0 million in Q2 2025, and down 81.04% quarter-over-quarter from $211.0 million in Q1 2026.
Analysis
Flex (FLEX) Free Cash Flow (2009 - 2026) Analysis & Trends
Flex (FLEX) has reported Free Cash Flow for 18 consecutive years, with $40.0 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Free Cash Flow fell 84.96% year-over-year to $40.0 million in Q2 2026; TTM through Jun 2026 was $826.0 million, a 25.18% decrease from a year earlier, with the FY2026 full-year figure at $1.1 billion, down 1.41% from the prior year.
- Free Cash Flow was $40.0 million for Q2 2026 at Flex, down from $211.0 million in the prior quarter.
- Over five years, Free Cash Flow peaked at $598.0 million in Q1 2024 and troughed at -$161.0 million in Q2 2023.
- A 5-year average of $195.6 million and a median of $222.5 million in 2024 frame the typical range for Free Cash Flow.
- Across the five-year window, Free Cash Flow slumped 162.04% in 2022 and soared 1076.19% in 2023, its largest moves.
- Over 5 years, Free Cash Flow stood at $200.0 million in 2022, then decreased by 23.0% to $154.0 million in 2023, then surged by 95.45% to $301.0 million in 2024, then fell by 9.63% to $272.0 million in 2025, then plunged by 85.29% to $40.0 million in 2026.
- The last three Free Cash Flow figures came in at $40.0 million (Q2 2026), $211.0 million (Q1 2026), and $272.0 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Flex | 41.38 Bn | 38.54 Bn | 747.00 Mn | 40.00 Mn |
| 2 | Celestica | 39.75 Bn | 39.21 Bn | 577.50 Mn | 147.10 Mn |
| 3 | Jabil | 33.05 Bn | 31.69 Bn | 828.00 Mn | 351.00 Mn |
| 4 | Fabrinet | 15.17 Bn | 14.30 Bn | 158.05 Mn | -36.90 Mn |
| 5 | Ttm Technologies | 13.31 Bn | 12.80 Bn | 211.86 Mn | 34.07 Mn |
| 6 | Sanmina | 11.00 Bn | 9.16 Bn | 363.31 Mn | 23.60 Mn |
| 7 | Plexus | 6.62 Bn | 6.31 Bn | 131.38 Mn | -754,000.00 |
| 8 | Benchmark Electronics | 2.65 Bn | 2.34 Bn | 78.40 Mn | 21.91 Mn |
| 9 | Kimball Electronics | 611.05 Mn | 522.13 Mn | 32.95 Mn | 33.98 Mn |
| 10 | Eltek | 52.55 Mn | 41.04 Mn | - | 1.61 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 26, 2026 | 40.00 Mn |
| Mar 31, 2026 | 211.00 Mn |
| Dec 31, 2025 | 272.00 Mn |
| Sep 26, 2025 | 303.00 Mn |
| Jun 27, 2025 | 266.00 Mn |
| Mar 31, 2025 | 321.00 Mn |
| Dec 31, 2024 | 301.00 Mn |
| Sep 27, 2024 | 216.00 Mn |
| Jun 28, 2024 | 229.00 Mn |
| Mar 31, 2024 | 598.00 Mn |
| Dec 31, 2023 | 154.00 Mn |
| Sep 29, 2023 | 205.00 Mn |
| Jun 30, 2023 | -161.00 Mn |
| Mar 31, 2023 | 270.00 Mn |
| Dec 31, 2022 | 200.00 Mn |
| Sep 30, 2022 | -21.00 Mn |
| Jul 1, 2022 | -134.00 Mn |
| Mar 31, 2022 | 250.00 Mn |
| Dec 31, 2021 | 27.00 Mn |
| Oct 1, 2021 | 88.00 Mn |