Flex (FLEX) Work In Process (2010 - 2026)
Flex (FLEX) posted quarterly Work In Process of $457.0 million for Q2 2026, down 11.43% year-over-year from $516.0 million in Q2 2025, and down 3.59% on a QoQ basis from $474.0 million in Q1 2026.
Flex (FLEX) Work In Process (2010 - 2026) Analysis & Trends
Flex has reported Work In Process for 17 years, with the latest figure at $457.0 million in Q2 2026.
- Work In Process for Q2 2026 came in at $457.0 million, down 11.43% year-over-year; the trailing twelve-month figure through Jun 2026 was $457.0 million (down 11.43% YoY), and the FY2026 annual result was $474.0 million, down 2.27% from the prior year.
- Work In Process retreated to $457.0 million in Q2 2026, from $474.0 million in the prior quarter.
- Over five years, Work In Process peaked at $756.0 million in Q2 2023 and troughed at $457.0 million in Q2 2026.
- A 5-year average of $586.1 million and a median of $569.0 million in 2022 frame the typical range for Work In Process.
- The widest annual swing landed in 2022, when Work In Process surged 58.15%; it then tumbled 34.94% in 2024.
- A 5-year view of Work In Process shows it stood at $689.0 million in 2022, then advanced by 1.16% to $697.0 million in 2023, then plunged by 33.29% to $465.0 million in 2024, then decreased by 0.65% to $462.0 million in 2025, then dropped by 1.08% to $457.0 million in 2026.
- Per Business Quant data, the three most recent Work In Process figures were $457.0 million in Q2 2026, $474.0 million in Q1 2026, and $462.0 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Amphenol | 382.80 Bn | 376.69 Bn | 3.55 Bn |
| 2 | Corning | 131.53 Bn | 129.02 Bn | 1.63 Bn |
| 3 | TE Connectivity | 58.44 Bn | 57.20 Bn | 1.84 Bn |
| 4 | Flex | 41.08 Bn | 38.24 Bn | 747.00 Mn |
| 5 | Celestica | 34.73 Bn | 34.19 Bn | 577.50 Mn |
| 6 | Jabil | 33.93 Bn | 32.57 Bn | 828.00 Mn |
| 7 | Fabrinet | 15.99 Bn | 15.11 Bn | 158.05 Mn |
| 8 | Ttm Technologies | 12.16 Bn | 11.64 Bn | 211.86 Mn |
| 9 | Sanmina | 10.48 Bn | 8.64 Bn | 363.31 Mn |
| 10 | Littelfuse | 10.43 Bn | 9.80 Bn | 306.06 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 26, 2026 | 457.00 Mn |
| Mar 31, 2026 | 474.00 Mn |
| 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 |