FLEX LTD.

Printed Circuit Boards·AUSTIN, TX·FY end 03/31·CIK 866374

CEO Pay Ratio

1,456:1

Revathi Advaithi

CEO Total Comp

$505.5K

Revathi Advaithi

Median Employee

$11,276

Revenue

$6.4B

FY 2025

Net Income

$222.0M

FY 2025

Free Cash Flow

$1.1B

FY 2025

Net Margin

3.5%

Insider Net (180d)

-$6.2M

0 buys / 10 sales

CEO Pay Accountability

CEO comp as % of net income

0.23%

For every $1,000 of profit, $2.28 flows to the CEO.

CEO comp as % of buybacks

0.04%

CEO comp equals 0.4‰ of cash returned to shareholders via buybacks.

5-year history · USD

Metric	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	Trend
Revenue	$6.4B	$6.2B	$30.3B	$6.9B	$24.1B
Gross Profit	$563.0M	$437.0M	$2.3B	$505.0M	$1.7B
Operating Income	$305.0M	$159.0M	$1.2B	$228.0M	—
Net Income	$222.0M	$395.0M	$793.0M	$168.0M	$613.0M
Operating CF	$1.5B	$1.3B	$950.0M	$1.0B	$144.0M
Capex	$438.0M	$530.0M	$635.0M	$443.0M	$351.0M
Free Cash Flow	$1.1B	$796.0M	$315.0M	$581.0M	-$207.0M
Buybacks	$1.3B	$1.3B	$337.0M	$686.0M	$183.0M
Dividends	—	—	—	—	—	—

Gross Margin	8.8%	7.1%	7.5%	7.4%	7.0%
Operating Margin	4.8%	2.6%	3.9%	3.3%	—
Net Margin	3.5%	6.4%	2.6%	2.5%	2.5%
FCF Margin	16.7%	12.9%	1.0%	8.5%	-0.9%
R&D / Revenue	—	—	—	—	—	—
Effective Tax	18.1%	-30.9%	-6.1%	10.0%	14.1%
Debt / Equity	1.23	1.22	1.41	—	—
Buybacks / FCF	117.8%	163.1%	107.0%	118.1%	-88.4%

FY 2025

Executive	Salary	Stock	Options	Bonus / Inc.	Other	Total
Revathi AdvaithiChief Executive Officer	$1.3M	—	—	$11.4M	$3.2M	$505.5K
Kevin KrummChief Financial Officer	$198.5K	—	—	$9.3M	$313.3K	$457.2K
Hooi TanChief Operating Officer	$723.3K	—	—	$7.1M	$1.2M	$234.2K
Michael P. HartungPresident, Chief Commercial Officer	$735.0K	—	—	$7.0M	$1.1M	$223.2K
Scott OfferExecutive Vice President, General Counsel	$663.0K	—	—	$1.9M	$1.0M	$202.3K
Jaime MartinezInterim Chief Financial Officer	$390.6K	—	—	$1.1M	$273.2K	$81.8K
Paul R. LundstromFormer Chief Financial Officer	$245.0K	—	—	$2.7M	$13.8K	$7.5K