Flex (FLEX) Work In Process (2010 - 2026)
Flex's (FLEX) quarterly Work In Process came in at $457.0 million in Q2 2026, down 11.43% year-over-year from $516.0 million in Q2 2025, and down 3.59% quarter-over-quarter from $474.0 million in Q1 2026.
Analysis
Flex (FLEX) Work In Process (2010 - 2026) Analysis & Trends
Flex (FLEX) has reported Work In Process for 17 consecutive years, with $457.0 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Work In Process fell 11.43% year-over-year to $457.0 million in Q2 2026; TTM through Jun 2026 was $457.0 million, a 11.43% decrease from a year earlier, with the FY2026 full-year figure at $474.0 million, down 2.27% from the prior year.
- Work In Process was $457.0 million for Q2 2026 at Flex, down 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.
- Across the five-year window, Work In Process soared 58.15% in 2022 and plunged 34.94% in 2024, its largest moves.
- Over 5 years, Work In Process stood at $689.0 million in 2022, then rose by 1.16% to $697.0 million in 2023, then slumped by 33.29% to $465.0 million in 2024, then fell by 0.65% to $462.0 million in 2025, then decreased by 1.08% to $457.0 million in 2026.
- The last three Work In Process figures came in at $457.0 million (Q2 2026), $474.0 million (Q1 2026), and $462.0 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Flex | 41.37 Bn | 38.53 Bn | 747.00 Mn |
| 2 | Celestica | 39.75 Bn | 39.22 Bn | 577.50 Mn |
| 3 | Jabil | 32.98 Bn | 31.62 Bn | 828.00 Mn |
| 4 | Fabrinet | 15.16 Bn | 14.28 Bn | 158.05 Mn |
| 5 | Ttm Technologies | 13.23 Bn | 12.72 Bn | 211.86 Mn |
| 6 | Sanmina | 11.08 Bn | 9.23 Bn | 363.31 Mn |
| 7 | Plexus | 6.61 Bn | 6.30 Bn | 131.38 Mn |
| 8 | Benchmark Electronics | 2.67 Bn | 2.35 Bn | 78.40 Mn |
| 9 | Kimball Electronics | 610.32 Mn | 521.39 Mn | 32.95 Mn |
| 10 | Eltek | 52.55 Mn | 41.04 Mn | - |
Historic Data
Download Data
Historic 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 |