FLEX: the cash flow

MyFinsight

For the year ending 2026-03-31, FLEX had $100M increase in cash & cash equivalents over the period. $1,052M in free cash flow.

Cash Flow	2026-03-31
Net income	880
Depreciation	457
Amortization and other impairment charges	106
Other non-cash income	-80
Non-cash lease expense	148
Stock-based compensation	142
Deferred income taxes	1
Accounts receivable	979
Contract assets	435
Inventories	742
Other current and noncurrent assets	1,169
Accounts payable	2,858
Other current and noncurrent liabilities	338
Net cash provided by operating activities	1,685
Purchases of property and equipment	633
Proceeds from the disposition of property and equipment	8
Acquisitions of businesses, net of cash acquired	40
Proceeds from divestiture of businesses, net of cash held in divested businesses	-4
Other investing activities, net	3
Net cash used in investing activities	-672
Proceeds from bank borrowings and long-term debt	1,251
Repayments of bank borrowings and long-term debt	1,217
Payments for repurchases of ordinary shares	944
Proceeds from issuances of nextracker shares	0
Payment for purchase of nextracker llc units from tpg	0
Capital reduction from nextracker spin-off	0
Other financing activities, net	-14
Net cash (used in) provided by financing activities	-924
Effect of exchange rates on cash	11
Net (decrease) increase in cash and cash equivalents	100
Cash and cash equivalents, beginning of year	2,289
Cash and cash equivalents, end of year	2,389

Unit: Million (M) dollars (except for numbers of shares and EPS).