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FLEX LTD. Income Tax Expense 2008-2026 | FLEX

Annual FY2008–FY2026 · quarterly through Q4 FY2026

Latest annual · FY2026

$263.0M

+42.2%YoY vs FY2025Source: 10-KFY2026

From $705.0M in FY2008 to $263.0M in FY2026: 0.4× in 18 years.

By quarter▲▼ vs a year before
Fiscal yearQ1Q2Q3Q4
FY26$54M+1.9%$63M+26.0%$81M+224.0%$65M+14.0%
FY25$53M+211.8%$50M+56.3%$25M+8.7%$57M+120.5%
FY24$17M$32M−5.9%$23M−8.0%−$278M
FY23Not reported$34M$25M+56.3%Not reported
FY22$27M+80.0%Not reported$16M−36.0%Not reported
Share23%29%21%27%

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. Share: its typical part of the fiscal year.

Key Statistics

Trend DirectionGrowing
CAGR

+21.1%

FY2021
$101.0M
FY2026
$263.0M

5 years selected · on the chart

Income Tax Expense History

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

  1. $263.0M
YoY changeLargest recent move+80.1%in FY18Latest +42.2%

5 older moves run past ±150% (largest −786.3%); point at, tap or drag across the bars to read one.

Income Tax Expense, period by period

PeriodValueChangeSource
FY2026$263.0M+42.2%10-K
FY2025$185.0M+189.8%10-K
FY2024−$206.0M−266.1%10-K
FY2023$124.0M+34.8%10-K
FY2022$92.0M−8.9%10-K
FY2021$101.0M+42.3%10-K
FY2020$71.0M−20.2%10-K
FY2019$89.0M−3.6%10-K
FY2018$92.4M+80.1%10-K
FY2017$51.3M+384.1%10-K
FY2016$10.6M−84.8%10-K
FY2015$69.9M+100.4%10-K
FY2014$34.9M+32.5%10-K
FY2013$26.3M−51.2%10-K
FY2012$54.0M+144.7%10-K
FY2011$22.0M+161.7%10-K
FY2010−$35.7M−786.3%10-K
FY2009$5.2M−99.3%10-K
FY2008$705.0M—10-K

What is income tax expense?

Income tax expense is the total amount of income taxes a company owes to federal, state, and foreign governments.

What is FLEX LTD.'s current income tax expense?

FLEX LTD. (FLEX) annual income tax expense for 2026 was $263.0M, a 42.16% increase from 2025. FLEX LTD. income tax expense for the quarter ending March 31, 2026 was $65.0M.

What was FLEX LTD.'s income tax expense in 2025?

FLEX LTD. annual income tax expense for 2025 was $185.0M, a 189.81% increase from 2024.

What was FLEX LTD.'s income tax expense in 2024?

FLEX LTD. annual income tax expense for 2024 was $-206.0M, a 266.13% decline from 2023.

What is FLEX LTD.'s 5-year income tax expense CAGR?

FLEX LTD. income tax expense grew at a compound annual growth rate (CAGR) of 21.10% from FY2021 to FY2026, going from $101.0M to $263.0M over 5 years.

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