Flex (FLEX) Shares Outstanding (Diluted) (2009 - 2026)
Flex (FLEX) recorded Shares Outstanding (Diluted) of 374 million in fiscal Q1 2027 (quarter ended Jun 26, 2026), down 1.8% from 381 million a year earlier and down 1.1% from the prior quarter.
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Analysis
Flex (FLEX) Shares Outstanding (Diluted) (2009 - 2026) Analysis & Trends
For FY2026 (ended Mar 31, 2026), Flex reported Shares Outstanding (Diluted) of 378 million, down 5.0% from FY2025.
- Annual Shares Outstanding (Diluted) has declined for 16 straight fiscal years, with a five-year compound annual growth rate of -5.7% (FY2021 to FY2026).
- Across earlier fiscal years, Shares Outstanding (Diluted) came in at 398 million in FY2025 (-9.8%), 441 million in FY2024 (-4.5%), 462 million in FY2023 (-4.3%) and 483 million in FY2022 (-4.5%).
- The fiscal Q1 2027 figure is the lowest quarterly Shares Outstanding (Diluted) in data going back to fiscal Q4 2009.
- On a year-over-year basis, Shares Outstanding (Diluted) has declined for 64 consecutive quarters, with an average decline of 6.7% over the last eight quarters.
- Across the past five years, year-over-year decline in Shares Outstanding (Diluted) ran from 1.8% in fiscal Q1 2027 to 10.7% in fiscal Q2 2025.
- Per Business Quant, the preceding three fiscal quarters came in at 378 million (Q4 2026), 376 million (Q3 2026) and 380 million (Q2 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Dil.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 4,865.08 Bn | 4,612.57 Bn | 54.77 Bn | 14.71 Bn |
| 2 | Cisco Systems | 424.71 Bn | 360.64 Bn | 11.06 Bn | 3.99 Bn |
| 3 | Dell Technologies | 344.52 Bn | 300.28 Bn | 9.83 Bn | 652.00 Mn |
| 4 | Arista Networks | 256.79 Bn | 210.25 Bn | 1.91 Bn | 1.28 Bn |
| 5 | Sandisk | 254.02 Bn | 242.55 Bn | 7.58 Bn | 155.00 Mn |
| 6 | Seagate Technology Holdings | 209.18 Bn | 204.17 Bn | 1.90 Bn | 229.00 Mn |
| 7 | Western Digital | 164.06 Bn | 152.19 Bn | 2.03 Bn | 383.00 Mn |
| 8 | Sony | 144.83 Bn | 95.22 Bn | 6.53 Bn | 6.01 Bn |
| 9 | Lumentum Holdings | 86.05 Bn | 77.87 Bn | 477.30 Mn | 74.60 Mn |
| 10 | Flex | 40.63 Bn | 30.09 Bn | 747.00 Mn | 374.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 26, 2026 | 374.00 Mn |
| Mar 31, 2026 | 378.00 Mn |
| Dec 31, 2025 | 376.00 Mn |
| Sep 26, 2025 | 380.00 Mn |
| Jun 27, 2025 | 381.00 Mn |
| Mar 31, 2025 | 398.00 Mn |
| Dec 31, 2024 | 394.00 Mn |
| Sep 27, 2024 | 400.00 Mn |
| Jun 28, 2024 | 411.00 Mn |
| Mar 31, 2024 | 441.00 Mn |
| Dec 31, 2023 | 436.00 Mn |
| Sep 29, 2023 | 448.00 Mn |
| Jun 30, 2023 | 455.00 Mn |
| Mar 31, 2023 | 462.00 Mn |
| Dec 31, 2022 | 459.00 Mn |
| Sep 30, 2022 | 460.00 Mn |
| Jul 1, 2022 | 468.00 Mn |
| Mar 31, 2022 | 483.00 Mn |
| Dec 31, 2021 | 474.00 Mn |
| Oct 1, 2021 | 487.00 Mn |
API Access
Flex Shares Outstanding (Diluted) 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=shares-outstanding-diluted&ticker=FLEX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-diluted", "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=shares-outstanding-diluted&ticker=FLEX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();