Craft
Flex

Flex

Countries

30

FY, 2022

Revenue

$26 B

FY, 2022

Market Capitalization

$10.4 B

2023-01-30

Flex Summary

Company summary

Overview
Flex (formerly Flextronics) is a company that provides design, engineering, manufacturing, and supply chain services and solutions. It operates in four segments: High-Reliability Solutions (HRS), Industrial and Emerging Industries (IEI), Communications & Enterprise Compute (CEC), and Consumer Technologies Group (CTG). The HRS segment offers health solutions, including surgical equipment, drug delivery, diagnostics, telemedicine, disposable devices, imaging and monitoring, patient mobility, and ophthalmology, as well as automotive solutions, including vehicle electrification, connectivity, autonomous, and smart technologies. The IEI segment provides metering infrastructure, energy storage, smart lighting, and smart solar energy solutions, semiconductor and capital equipment, office solutions, household industrial and lifestyle products, industrial automation and kiosks. The CEC segment delivers telecom solutions, such as radio access base stations, remote radio heads and small cells for wireless infrastructure, optical, routing, and switching products for data and video networks, server and storage platforms for both enterprise and cloud-based deployments, storage and security appliance products, rack-level solutions, converged infrastructure, and software-defined product solutions. The CTG segment includes consumer-related businesses in IoT-enabled devices, audio and consumer power electronics, mobile devices, and various supply chain solutions for consumer, computing, and printing devices.
Type
Public
Status
Active
Founded
1969
HQ
Singapore, SG | view all locations
Website
https://www.flex.com/
Cybersecurity rating
ESG rating
50-59 out of 100|View all ESG data
Sectors

Key people

  • Revathi Advaithi

    Revathi Advaithi, Director and CEO

  • Gus Shahin

    Gus Shahin, Chief Information Officer

  • Paul Lundstrom

    Paul Lundstrom, Chief Financial Officer

  • Lynn Torrel

    Lynn Torrel, Chief Procurement and Supply Chain Officer

Operating MetricsView all

Bookings (Automotive)

$700M

FY, 2020

Bookings (Health Solutions)

$851M

FY, 2020

Bookings (Industrial)

$1.2B

FY, 2020

LocationsView all

118 locations detected

  • Singapore HQ

    Singapore

    2 Changi S Ln

  • Austin, TX

    United States

    12455 Research Blvd

  • Austin, TX

    United States

    9500 Metric Blvd

  • Buffalo Grove, IL

    United States

    700 Corporate Grove Dr

  • Coopersville, MI

    United States

    323 Skeels St

  • Farmington Hills, MI

    United States

    27755 Stansbury St #300Farmington

and 112 others

Flex Financials

Summary financials

Revenue (Q2, 2023)
$7.8B
Gross profit (Q2, 2023)
$591.0M
Net income (Q2, 2023)
$238.0M
Cash (Q2, 2023)
$2.5B
EBIT (Q2, 2023)
$325.0M
Enterprise value
$12.5B

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