Flex (FLEX) Work In Process (2010 - 2025)
Flex (FLEX) reported Work In Process of $462.0 million for Q4 2025, down 0.65% year-over-year from $465.0 million in Q4 2024, and down 13.81% quarter-over-quarter from $536.0 million in Q3 2025.
Flex (FLEX) Work In Process (2010 - 2025) Analysis & Trends
Flex (FLEX) has 16 years of Work In Process data on file, last reported at $462.0 million in Q4 2025.
- Work In Process for Q4 2025 came in at $462.0 million, down 0.65% year-over-year; the trailing twelve-month figure through Dec 2025 was $462.0 million (down 0.65% YoY), and the FY2025 annual result was $485.0 million, down 22.15% from the prior year.
- Work In Process declined to $462.0 million in Q4 2025 per FLEX's latest filing, from $536.0 million in the prior quarter.
- Over five years, Work In Process peaked at $756.0 million in Q2 2023 and troughed at $454.0 million in Q3 2021.
- A 5-year average of $577.2 million and a median of $541.0 million in 2021 frame the typical range for Work In Process.
- The sharpest annual moves came in 2022 and 2024: Work In Process jumped 58.15% in 2022, then tumbled 34.94% in 2024.
- A 5-year view of Work In Process shows it stood at $546.0 million in 2021, then grew by 26.19% to $689.0 million in 2022, then gained by 1.16% to $697.0 million in 2023, then sank by 33.29% to $465.0 million in 2024, then retreated by 0.65% to $462.0 million in 2025.
- Business Quant data shows FLEX's Work In Process at $462.0 million in Q4 2025, $536.0 million in Q3 2025, and $516.0 million in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Amphenol | 170.58 Bn | 165.55 Bn | 2.80 Bn |
| 2 | Corning | 152.19 Bn | 150.97 Bn | 1.53 Bn |
| 3 | TE Connectivity | 62.31 Bn | 61.34 Bn | 1.75 Bn |
| 4 | Flex | 56.36 Bn | 54.72 Bn | 702.00 Mn |
| 5 | Celestica | 42.71 Bn | 42.33 Bn | 437.20 Mn |
| 6 | Jabil | 37.62 Bn | 35.80 Bn | 746.00 Mn |
| 7 | Fabrinet | 22.26 Bn | 21.31 Bn | 144.34 Mn |
| 8 | Ttm Technologies | 17.40 Bn | 16.99 Bn | 181.18 Mn |
| 9 | Sanmina | 13.70 Bn | 12.12 Bn | 353.79 Mn |
| 10 | Vicor | 12.32 Bn | 11.92 Bn | 62.37 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 462.00 Mn |
| Sep 26, 2025 | 536.00 Mn |
| Jun 27, 2025 | 516.00 Mn |
| Mar 31, 2025 | 485.00 Mn |
| Dec 31, 2024 | 465.00 Mn |
| Sep 27, 2024 | 460.00 Mn |
| Jun 28, 2024 | 516.00 Mn |
| Mar 31, 2024 | 623.00 Mn |
| Dec 31, 2023 | 697.00 Mn |
| Sep 29, 2023 | 707.00 Mn |
| Jun 30, 2023 | 756.00 Mn |
| Mar 31, 2023 | 709.00 Mn |
| Dec 31, 2022 | 689.00 Mn |
| Sep 30, 2022 | 737.00 Mn |
| Jul 1, 2022 | 658.00 Mn |
| Mar 31, 2022 | 602.00 Mn |
| Dec 31, 2021 | 546.00 Mn |
| Oct 1, 2021 | 466.00 Mn |
| Jul 2, 2021 | 454.00 Mn |
| Mar 31, 2021 | 459.00 Mn |