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FLEX LTD. Deferred Revenue 2018-2023 | FLEX

Annual FY2018–FY2022 · quarterly through Q3 FY2023

Latest annual · FY2022

$615.0M

−27.5%YoY vs FY2021Source: 10-KFY2022

From $265.3M in FY2018 to $615.0M in FY2022: 2.3× in 4 years.

By quarter▲▼ vs a year before
Fiscal yearQ1Q2Q3Q4
FY23Not reported$731M$745M−51.9%Not reported
FY22$425M+17.4%Not reported$1.5B+220.4%$615M−27.5%
FY21$362M+9.8%$355M+3.9%$483M−7.6%$848M+134.6%
FY20$330M+21.9%$342M+38.2%$523M+69.9%$362M+33.0%
FY19$271M$247M$308M$272M+2.5%

Shaded by size: darkest is the largest quarter shown; ringed is the latest reported; a dash marks a quarter with no separate figure. Each quarter sits by its period-end date.

Key Statistics

Trend DirectionStable
CAGR

+23.4%

FY2018
$265.3M
FY2022
$615.0M

4 years selected · on the chart

Deferred Revenue History

Year-over-year comparison from 10-K annual reports

  1. $615.0M
YoY changeLargest recent move+134.6%in FY21Latest −27.5%

Deferred Revenue, period by period

PeriodValueChangeSource
FY2022$615.0M−27.5%10-K
FY2021$848.0M+134.6%10-K
FY2020$361.5M+33.0%10-K
FY2019$271.8M+2.5%10-K
FY2018$265.3M—10-K

What is deferred revenue?

Deferred revenue represents payments received in advance for goods or services that have not yet been delivered to customers.

What is FLEX LTD.'s current deferred revenue?

FLEX LTD. (FLEX) annual deferred revenue for 2022 was $615.0M, a 27.48% decline from 2021. FLEX LTD. deferred revenue for the quarter ending December 31, 2022 was $745.0M.

What was FLEX LTD.'s deferred revenue in 2021?

FLEX LTD. annual deferred revenue for 2021 was $848.0M, a 134.58% increase from 2020.

What was FLEX LTD.'s deferred revenue in 2020?

FLEX LTD. annual deferred revenue for 2020 was $361.5M, a 33.00% increase from 2019.

What is FLEX LTD.'s 4-year deferred revenue CAGR?

FLEX LTD. deferred revenue grew at a compound annual growth rate (CAGR) of 23.39% from FY2018 to FY2022, going from $265.3M to $615.0M over 4 years.

Company
FLEX LTD.
Ticker
FLEX
Sector
Other
Industry
Printed Circuit Boards