Flex (FLEX) Free Cash Flow (2009 - 2026)
Flex's Free Cash Flow was $40 million in fiscal Q1 2027 (quarter ended Jun 26, 2026), down 85.0% from $266 million a year earlier and down 81.0% from the prior quarter.
Flex (FLEX) Free Cash Flow (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Flex's Free Cash Flow was $826 million through Jun 26, 2026, down 25.2% year-over-year; for FY2026 (ended Mar 31, 2026), it was $1.05 billion, down 1.4% from FY2025.
- In earlier fiscal years, Free Cash Flow was $1.07 billion in FY2025 (+34.0%), $796 million in FY2024 (+152.7%), $315 million in FY2023 (-45.8%) and $581 million in FY2022.
- The fiscal Q1 2027 figure marks the lowest quarterly Free Cash Flow since fiscal Q1 2024.
- Compared with a year earlier, Free Cash Flow has declined for three straight quarters, with an average decline of 2.2% over the last eight quarters.
- The best year-over-year quarter for Free Cash Flow over five years was fiscal Q3 2023 (growth of 640.7%); the worst was fiscal Q3 2022 (a decline of 90.1%).
- Per Business Quant data, FLEX's Free Cash Flow in the three fiscal quarters before Q1 2027 was $211 million (Q4 2026), $272 million (Q3 2026) and $303 million (Q2 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 4,943.67 Bn | 4,691.16 Bn | 54.77 Bn | 31.91 Bn |
| 2 | Cisco Systems | 421.20 Bn | 357.13 Bn | 11.06 Bn | 5.00 Bn |
| 3 | Dell Technologies | 347.85 Bn | 303.60 Bn | 9.83 Bn | 986.00 Mn |
| 4 | Arista Networks | 258.42 Bn | 211.87 Bn | 1.91 Bn | 1.05 Bn |
| 5 | Sandisk | 250.08 Bn | 238.60 Bn | 7.58 Bn | 7.08 Bn |
| 6 | Seagate Technology Holdings | 208.99 Bn | 203.98 Bn | 1.90 Bn | 1.12 Bn |
| 7 | Western Digital | 163.62 Bn | 151.74 Bn | 2.03 Bn | 1.28 Bn |
| 8 | Sony | 143.48 Bn | 93.86 Bn | 6.53 Bn | 1.24 Bn |
| 9 | Hewlett Packard Enterprise | 83.23 Bn | 61.11 Bn | 4.93 Bn | 896.00 Mn |
| 10 | Flex | 41.76 Bn | 31.22 Bn | 747.00 Mn | 40.00 Mn |
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 | -86.00 Mn |
| Jul 1, 2022 | -69.00 Mn |
| Mar 31, 2022 | 250.00 Mn |
| Dec 31, 2021 | 27.00 Mn |
| Oct 1, 2021 | 88.00 Mn |
Flex Free Cash Flow API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=free-cash-flow&ticker=FLEX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "ticker": "FLEX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=free-cash-flow&ticker=FLEX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();