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| Date | Value |
|---|---|
| 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 |