FLEX LTD.
Technology · Electronic Equipment · AUSTIN, TX · CIK 0000866374
The business
Flex Ltd. (NASDAQ: FLEX) is an advanced, end-to-end manufacturing partner that helps customers design, build, deliver, and manage products across diverse industries. The company operates through approximately 150,000 employees across more than 100 facilities in approximately 30 countries on four continents, providing global scale and regional strength in manufacturing services and supply chain solutions.
The company's business is organized into three reportable segments. Integrated Technology Solutions serves communications, high-speed networking, enterprise, satellite communications, and lifestyle markets. Regulated Manufacturing Solutions focuses on industrial automation, energy infrastructure, automotive, and healthcare applications requiring precision and compliance. Cloud and Power Infrastructure, the company's newest segment, delivers integrated compute systems, power, and cooling technologies supporting large-scale cloud, data center, and AI-enabled infrastructure deployments.
Flex provides comprehensive end-to-end services including design and engineering, supply chain management, manufacturing, value-added fulfillment and forward logistics, and aftermarket services. The company specializes in printed circuit board assembly, systems integration, and advanced manufacturing capabilities spanning low-volume high-complexity programs to high-volume production. Its power, thermal, and compute infrastructure offerings support critical applications including critical power products, embedded power systems, thermal management, and rack-level infrastructure.
In fiscal year 2026, the company's ten largest customers accounted for 45 percent of net sales, with no single customer exceeding 10 percent of revenues. The company maintains a balanced global manufacturing footprint with 44 percent of net sales from North America, 20 percent from Europe, 16 percent from China, and 20 percent from other regions.
Flex's competitive strengths include global scale with regional capabilities, long-standing diverse customer relationships, cross-industry synergies, and cost-efficient manufacturing operations including self-contained industrial parks. The company announced in May 2026 its intention to separate into two independent publicly traded companies, with the Cloud and Power Infrastructure segment separating from the advanced manufacturing and supply chain solutions business, targeted for completion in the first quarter of 2027.
The company website is https://www.flex.com.
Ownership
Who holds FLEX LTD. — from fund N-PORT and institutional 13F filings · N-PORT 2026Q1 · 13F 2026-03-31
Top fund holders
| Fund | % of fund | Value |
|---|---|---|
| Janus Henderson Enterprise Fund JAENX · JANUS INVESTMENT FUND | 3.77% | $770.27M |
| VANGUARD TOTAL STOCK MARKET INDEX FUND VTI · VANGUARD INDEX FUNDS | 0.04% | $764.50M |
| VANGUARD CAPITAL OPPORTUNITY FUND VHCOX · VANGUARD HORIZON FUNDS | 2.83% | $696.07M |
| VANGUARD SMALL-CAP INDEX FUND VB · VANGUARD INDEX FUNDS | 0.34% | $554.96M |
| VANGUARD PRIMECAP CORE FUND VPCCX · VANGUARD FENWAY FUNDS | 2.97% | $401.90M |
Superinvestors in FLEX LTD.
Share of each manager's reported 13F portfolio.
Fund ownership is a subset of institutional 13F ownership — the two describe overlapping populations and must not be added together.
15 years of FLEX LTD.'s financials
Income statement, balance sheet and cash flow across 15 years, every filing with its disclosures, and each number traceable to the filing it came from — free with an account, no card required.
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