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QUARTERLY FINANCIAL DATA (UNAUDITED) (Tables) | 12 Months Ended
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Mar. 31, 2025
Quarterly Financial Data [Abstract] |
Schedule of quarterly financial data | The following tables contain unaudited quarterly financial data for fiscal year 2025 and 2024:
| Fiscal Year 2025
| Three Months Ended
| June 28, 2024 |  | September 27, 2024 |  | December 31, 2024 |  | March 31, 2025
| (In millions, except per share amounts)
Net sales | $ | 6,314 |  |  | $ | 6,545 |  |  | $ | 6,556 |  |  | $ | 6,398 |
Gross profit | 471 |  |  | 531 |  |  | 594 |  |  | 563 |
Operating income | 233 |  |  | 297 |  |  | 334 |  |  | 305 |
Net income attributable to Flex Ltd. | 139 |  |  | 214 |  |  | 263 |  |  | 222 |
Weighted-average ordinary shares outstanding - basic | 402 |  | 394 |  | 387 |  | 381
Weighted-average ordinary shares outstanding - diluted | 411 |  | 400 |  | 394 |  | 389
Earnings per share - basic (1) |  |  |  |  |  |  |
Total attributable to the shareholders of Flex Ltd. | $ | 0.35 |  |  | $ | 0.54 |  |  | $ | 0.68 |  |  | $ | 0.58 |
Earnings per share - diluted (1) |  |  |  |  |  |  |
Total attributable to the shareholders of Flex Ltd. | $ | 0.34 |  |  | $ | 0.54 |  |  | $ | 0.67 |  |  | $ | 0.57 |
(1) Earnings per share are computed independently for each quarter presented; therefore, the sum of the quarterly earnings per share may not equal the total earnings per share amounts for the fiscal year.
| Fiscal Year 2024
| Three Months Ended
| June 30, 2023 |  | September 29, 2023 |  | December 31, 2023 |  | March 31, 2024
| (In millions, except per share amounts)
Net sales | $ | 6,892 |  |  | $ | 6,933 |  |  | $ | 6,421 |  |  | $ | 6,169 |
Gross profit | 476 |  |  | 519 |  |  | 433 |  |  | 437 |
Operating income | 215 |  |  | 281 |  |  | 198 |  |  | 159 |
Net income from continuing operations | 147 |  |  | 201 |  |  | 129 |  |  | 395 |
Net income from discontinued operations, net of tax | 64 |  |  | 205 |  |  | 104 |  |  | — |
Net income | 211 |  |  | 406 |  |  | 233 |  |  | 395 |
Net income attributable to noncontrolling interest and redeemable noncontrolling interest | 25 |  |  | 178 |  |  | 36 |  |  | — |
Net income attributable to Flex Ltd. | $ | 186 |  |  | $ | 228 |  |  | $ | 197 |  |  | $ | 395 |
Weighted-average ordinary shares outstanding - basic | 447 |  | 443 |  | 431 |  | 417
Weighted-average ordinary shares outstanding - diluted | 455 |  | 448 |  | 436 |  | 425
Earnings per share - basic (1) |  |  |  |  |  |  |
Continuing operations | $ | 0.33 |  |  | $ | 0.45 |  |  | $ | 0.30 |  |  | $ | 0.95 |
Discontinued operations, net of tax | 0.09 |  |  | 0.06 |  |  | 0.16 |  |  | — |
Total attributable to the shareholders of Flex Ltd. | $ | 0.42 |  |  | $ | 0.51 |  |  | $ | 0.46 |  |  | $ | 0.95 |
Earnings per share - diluted (1) |  |  |  |  |  |  |
Continuing operations | $ | 0.32 |  |  | $ | 0.45 |  |  | $ | 0.30 |  |  | $ | 0.93 |
Discontinued operations, net of tax | 0.09 |  |  | 0.06 |  |  | 0.15 |  |  | — |
Total attributable to the shareholders of Flex Ltd. | $ | 0.41 |  |  | $ | 0.51 |  |  | $ | 0.45 |  |  | $ | 0.93 |
(1) Earnings per share are computed independently for each quarter presented; therefore, the sum of the quarterly earnings per share may not equal the total earnings per share amounts for the fiscal year.

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- Definition Tabular disclosure of quarterly financial data. Includes, but is not limited to, financial information for fiscal quarters, cumulative effect of a change in accounting principle and earnings per share data. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name Accounting Standards Codification -Section 50 -Paragraph 1 -SubTopic 10 -Topic 270 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482964/270-10-50-1 + Details
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