Flex (FLEX) Operating Leases (2019 - 2026)
Flex's (FLEX) quarterly Operating Leases came in at $711.0 million in Q2 2026, up 21.96% year-over-year from $583.0 million in Q2 2025, and up 25.84% quarter-over-quarter from $565.0 million in Q1 2026.
Analysis
Flex (FLEX) Operating Leases (2019 - 2026) Analysis & Trends
Flex (FLEX) has reported Operating Leases for 8 consecutive years, with $711.0 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Operating Leases rose 21.96% year-over-year to $711.0 million in Q2 2026; TTM through Jun 2026 was $711.0 million, a 21.96% increase from a year earlier, with the FY2026 full-year figure at $565.0 million, down 4.4% from the prior year.
- Operating Leases was $711.0 million for Q2 2026 at Flex, up from $565.0 million in the prior quarter.
- Over five years, Operating Leases peaked at $711.0 million in Q2 2026 and troughed at $463.0 million in Q2 2024.
- A 5-year average of $556.4 million and a median of $542.5 million in 2022 frame the typical range for Operating Leases.
- Across the five-year window, Operating Leases fell 9.92% in 2024 and advanced 26.89% in 2025, its largest moves.
- Over 5 years, Operating Leases stood at $499.0 million in 2022, then gained by 0.6% to $502.0 million in 2023, then fell by 5.38% to $475.0 million in 2024, then rose by 22.74% to $583.0 million in 2025, then advanced by 21.96% to $711.0 million in 2026.
- The last three Operating Leases figures came in at $711.0 million (Q2 2026), $565.0 million (Q1 2026), and $583.0 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Flex | 41.45 Bn | 38.61 Bn | 747.00 Mn |
| 2 | Celestica | 38.73 Bn | 38.20 Bn | 577.50 Mn |
| 3 | Jabil | 33.07 Bn | 31.71 Bn | 828.00 Mn |
| 4 | Fabrinet | 15.11 Bn | 14.23 Bn | 158.05 Mn |
| 5 | Ttm Technologies | 13.13 Bn | 12.62 Bn | 211.86 Mn |
| 6 | Sanmina | 11.14 Bn | 9.29 Bn | 363.31 Mn |
| 7 | Plexus | 6.63 Bn | 6.32 Bn | 131.38 Mn |
| 8 | Benchmark Electronics | 2.66 Bn | 2.34 Bn | 78.40 Mn |
| 9 | Kimball Electronics | 609.71 Mn | 520.78 Mn | 32.95 Mn |
| 10 | Eltek | 52.55 Mn | 41.04 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 26, 2026 | 711.00 Mn |
| Mar 31, 2026 | 565.00 Mn |
| Dec 31, 2025 | 583.00 Mn |
| Sep 26, 2025 | 604.00 Mn |
| Jun 27, 2025 | 583.00 Mn |
| Mar 31, 2025 | 591.00 Mn |
| Dec 31, 2024 | 475.00 Mn |
| Sep 27, 2024 | 476.00 Mn |
| Jun 28, 2024 | 463.00 Mn |
| Mar 31, 2024 | 626.00 Mn |
| Dec 31, 2023 | 502.00 Mn |
| Sep 29, 2023 | 497.00 Mn |
| Jun 30, 2023 | 514.00 Mn |
| Mar 31, 2023 | 628.00 Mn |
| Dec 31, 2022 | 499.00 Mn |
| Sep 30, 2022 | 495.00 Mn |
| Jul 1, 2022 | 520.00 Mn |
| Mar 31, 2022 | 683.00 Mn |
| Dec 31, 2021 | 545.00 Mn |
| Oct 1, 2021 | 534.00 Mn |