Flex Ltd.

FLEX ·Technology, Electronic Components, United States
Financial Statements › Income Statement
Annual Quarterly

Income Statement

Line Item FY2010 FY2009 FY2008
Revenue $24.11B $30.95B $27.56B
Cost of Revenue $22.80B $29.51B $25.97B
Gross Profit $1.21B $1.28B $1.18B
Gross Margin 5.0% 4.1% 4.3%
Operating Expenses
Research & Development $13.3M — —
SG&A Expense $755.1M $979.1M $807.0M
Operating Income $147.4M $-5.88B $23.7M
Operating Margin 0.6% -19.0% 0.1%
Interest Expense $158.1M $245.5M —
Pretax Income $-10.7M $-6.13B $23.7M
Income Tax Expense $-35.7M $5.2M $705.0M
Net Income $18.6M $-6.14B $-681.4M
Net Margin 0.1% -19.8% -2.5%
EPS (Basic) $0.02 $-7.47 $-0.95
EPS (Diluted) $0.02 $-7.47 $-0.95
Shares Outstanding (Basic) 811.7M 821.0M 720.5M
Shares Outstanding (Diluted) 821.1M 821.0M 720.5M
Dividends Per Share — — —
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