EARNINGS PER SHARE (Tables)

12 Months Ended

Mar. 31, 2026

Earnings Per Share [Abstract]

Schedule of Computation of Earnings Per Share and Weighted Average Shares Outstanding

The computation of earnings per share and weighted average shares outstanding of the Company’s ordinary shares for the following periods is presented below:


			Fiscal Year Ended March 31,
			2026						2025						2024
			(In millions, except per share amounts)
Numerator:
Net income from continuing operations			$	880					$	838					$	872
Net income from discontinued operations, net of tax (Note 7)			—						—						373
Less: Net income attributable to noncontrolling interest (Note 7)			—						—						239
Net income from discontinued operations attributable to Flex Ltd. (Note 7)			—						—						134
Total net income attributable to Flex Ltd.			$	880					$	838					$	1,006

Denominator:
Weighted-average ordinary shares outstanding - basic			371						391						435
Weighted-average ordinary share equivalents from RSU awards (1)			7						7						6
Weighted-average ordinary shares and ordinary share equivalents outstanding - diluted			378						398						441

Earnings per share - basic




Continuing operations			$	2.37					$	2.14					$	2.00
Discontinued operations, net of tax (Note 7)			—						—						0.31
Total attributable to the shareholders of Flex Ltd.			$	2.37					$	2.14					$	2.31

Earnings per share - diluted








Continuing operations			$	2.33					$	2.11					$	1.98
Discontinued operations, net of tax (Note 7)			—						—						0.30
Total attributable to the shareholders of Flex Ltd.			$	2.33					$	2.11					$	2.28

(1)An immaterial amount of RSU awards during fiscal years 2026, 2025, and 2024, respectively, were excluded from the computation of diluted earnings per share due to their anti-dilutive impact on the weighted average ordinary shares equivalents.