Flex (FLEX) Operating Leases (2019 - 2026)

Flex (FLEX) reported Operating Leases of $565.0 million for Q1 2026, down 4.4% year-over-year from $591.0 million in Q1 2025, and down 3.09% quarter-over-quarter from $583.0 million in Q4 2025.

Flex (FLEX) Operating Leases (2019 - 2026) Analysis & Trends

Flex (FLEX) has 8 years of Operating Leases data on file, last reported at $565.0 million in Q1 2026.

  • Operating Leases for Q1 2026 came in at $565.0 million, down 4.4% year-over-year; the trailing twelve-month figure through Mar 2026 was $565.0 million (down 4.4% YoY), and the FY2026 annual result was $565.0 million, down 4.4% from the prior year.
  • Operating Leases retreated to $565.0 million in Q1 2026 per FLEX's latest filing, from $583.0 million in the prior quarter.
  • Over five years, Operating Leases peaked at $683.0 million in Q1 2022 and troughed at $463.0 million in Q2 2024.
  • A 5-year average of $540.0 million and a median of $514.0 million in 2023 frame the typical range for Operating Leases.
  • The sharpest annual moves came in 2023 and 2025: Operating Leases dropped 26.21% in 2023, then climbed 26.89% in 2025.
  • A 5-year view of Operating Leases shows it stood at $499.0 million in 2022, then advanced by 0.6% to $502.0 million in 2023, then retreated by 5.38% to $475.0 million in 2024, then gained by 22.74% to $583.0 million in 2025, then slipped by 3.09% to $565.0 million in 2026.
  • Business Quant data shows FLEX's Operating Leases at $565.0 million in Q1 2026, $583.0 million in Q4 2025, and $604.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Amphenol 188.83 Bn 183.80 Bn 2.80 Bn
2 Corning 153.95 Bn 152.73 Bn 1.53 Bn
3 TE Connectivity 61.67 Bn 60.70 Bn 1.75 Bn
4 Flex 55.58 Bn 53.94 Bn 702.00 Mn
5 Celestica 45.29 Bn 44.91 Bn 437.20 Mn
6 Jabil 40.99 Bn 39.16 Bn 746.00 Mn
7 Fabrinet 21.87 Bn 20.92 Bn 144.34 Mn
8 Ttm Technologies 20.09 Bn 19.68 Bn 181.18 Mn
9 Sanmina 13.86 Bn 12.28 Bn 353.79 Mn
10 Vicor 13.81 Bn 13.40 Bn 62.37 Mn

Historic Data

Download Data
DateValue
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 504.00 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
Jul 2, 2021 550.00 Mn