Filing Flows › Flex (FLEX) › Q4 FY25
Flex (FLEX) Q4 FY25 earnings results (fourth quarter fiscal 2025)
10-K filed May 21, 2025
Flex (FLEX) reported revenue of $6.4B for the fourth quarter fiscal 2025 (Q4 FY25), +4% from a year earlier and -2% from the quarter before. Operating margin was 4.8%, net earnings $222M (3.5% of revenue).
Flex, Q4 FY25: revenue $6.4B (+4% year over year), operating margin 4.8%, net earnings $222M, operating cash flow $433M. The chart follows the revenue to costs, profit and cash.
| Q4 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $6.4B | -2% | +4% |
| Gross profit | $563M | -5% | +29% |
| Operating profit | $305M | -9% | +92% |
| Net earnings | $222M | -16% | -44% |
| Operating cash flow | $433M | +5% | -36% |
| Free cash flow | $321M | +7% | -46% |
What changed
Revenue was $6.4B in Q4 FY25, up 4% year over year and down 2% from the previous quarter.
Gross margin was 8.8%, up 1.7 points from a year earlier. Operating profit was $0.30B, a 4.8% margin (up 2.2 points year over year). Of the extra revenue versus a year earlier, 64% reached operating profit, above the 3% margin then. Operating expenses fell 7% while revenue rose 4%. The fastest-growing cost line was Other operating costs (+41%). Net earnings were $0.22B, down 44% year over year. The effective tax rate was 20.4%.
Operating cash flow was $0.43B (down 36% year over year), 195% of net earnings. Non-cash charges added back $0.13B of depreciation and amortization and $0.03B of share-based compensation. Working capital and other items added $0.05B. Capital expenditures of $0.11B left free cash flow of $0.32B.
Questions
What was Flex's revenue in the fourth quarter fiscal 2025?
Flex (FLEX) reported revenue of $6.4B for the fourth quarter fiscal 2025 (Q4 FY25), +4% from a year earlier and -2% from the quarter before.
Was Flex profitable in the fourth quarter fiscal 2025?
Operating profit was $305M (4.8% of revenue) and net earnings $222M.
Source: Flex 10-K on SEC EDGAR.