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QUARTERLY FINANCIAL DATA (UNAUDITED) (Tables)
12 Months Ended
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, 2024September 27, 2024December 31, 2024March 31, 2025
(In millions, except per share amounts)
Net sales$6,314 $6,545 $6,556 $6,398 
Gross profit471 531 594 563 
Operating income233 297 334 305 
Net income attributable to Flex Ltd.139 214 263 222 
Weighted-average ordinary shares outstanding - basic402394387381
Weighted-average ordinary shares outstanding - diluted411400394389
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, 2023September 29, 2023December 31, 2023March 31, 2024
(In millions, except per share amounts)
Net sales$6,892 $6,933 $6,421 $6,169 
Gross profit476 519 433 437 
Operating income215 281 198 159 
Net income from continuing operations147 201 129 395 
Net income from discontinued operations, net of tax64 205 104 — 
Net income211 406 233 395 
Net income attributable to noncontrolling interest and redeemable noncontrolling interest25 178 36 — 
Net income attributable to Flex Ltd.$186 $228 $197 $395 
Weighted-average ordinary shares outstanding - basic447443431417
Weighted-average ordinary shares outstanding - diluted455448436425
Earnings per share - basic (1)
Continuing operations$0.33 $0.45 $0.30 $0.95 
Discontinued operations, net of tax0.09 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 tax0.09 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.