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Electronics & Software

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Flex

Flex

Flex

Verified Sep 2026

Electronics & Software

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Singapore

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Since ~1969

Flex (NASDAQ: FLEX) is a global electronics manufacturing services company incorporated in Singapore, with over 55 years of operation across 30+ countries. Its automotive business designs and manufactures compute platforms, power electronics, ECUs, and zonal architecture hardware for major OEMs including Ford and BMW, operating from more than 30 automotive sites and five design centers worldwide.

Flex

Verified Sep 2026

AT A GLANCE

Founded

~1969

Headquarters

Singapore

Employees

~150,000+

Ownership

Listed

Flex at a glance

Revenue

~€3.4B

FY2025 · automotive segment · Berylls Top-100 2026

Employees

~150,000+

FY2025 · 30+ countries · company-wide

Founded

~1969

Incorporated in Singapore · ~55 years in operation

Headquarters

Singapore

Principal offices: Austin, TX · Automotive hub: Farmington Hills, MI

Ownership

Listed

NASDAQ: FLEX · Singapore incorporated

Certifications

IATF 16949

Claimed · site-level · Ford Q1 Certified (Guadalajara, 10 yrs)

Known customers

Ford · BMW · Volkswagen

Company press · documented programs

Industries

Automotive

Electric Vehicles

Electronics

STABILITY SIGNALS

Established & active

FinancialModerate
QualityModerate
ScaleStrong
TenureStrong

Approximately 55 years of continuous operation; listed on NASDAQ (FLEX) with published revenues exceeding $25 billion company-wide.

Documented automotive programs with Ford (Ford Q1 Certification maintained 10 consecutive years through 2024) and BMW (multiregional ECU data exchange active across APAC, EMEA, and North America).

Automotive segment revenue of approximately €3.4 billion in FY2025, per the Berylls by AlixPartners Top-100 study; segment profitability not separately disclosed.

What Flex makes for automotive

Flex builds the electronics and software that go into modern vehicles: compute platforms, power electronics, electronic control units (ECUs), and the zonal architecture hardware that defines how software-defined vehicles are organized. Its automotive product lines sit inside a broader contract manufacturing and design services business, meaning Flex designs and manufactures to OEM specification rather than selling branded parts.

The compute side centers on the Jupiter Compute Platform, an NVIDIA DRIVE AGX-powered scalable system for autonomous and semi-autonomous driving applications, which won an Automotive News PACE Award in April 2025. The power electronics side covers high-voltage systems for battery-electric and hybrid vehicles, inverters, and DC/DC converters -- including the Backup DC/DC Converter that also received a PACE Award in the same cycle. In January 2026, Flex, Infineon, and Vector jointly launched a zone controller development kit built on a modular microcontroller architecture, designed to let OEMs prototype and validate zonal architectures faster. Beyond compute and power, the automotive unit produces ECUs, sensors, and infotainment modules, supported by supply chain, logistics, and post-sale services. The company says it operates over 30 automotive sites globally, with five dedicated automotive design centers.

A strand of the business that has grown in visibility is emissions and data traceability. Flex has built a Catena-X-based data exchange infrastructure, a set of open-source, peer-to-peer data-sharing standards being adopted across the automotive supply chain, and has piloted it with BMW Group for ECU authentication data and product carbon footprint tracking. This is increasingly relevant as California's SB-253 and the EU's CSRD push large automotive suppliers toward verified Scope 3 emissions reporting starting in 2026-2027.

Financial performance

Flex reports automotive revenue as a sub-market within its Flex Reliability Solutions (FRS) segment, which also covers industrial and health. The automotive sub-market is not separately broken out at the financial statement level; segment-level profitability is therefore a proxy rather than an automotive-specific figure.

The Berylls by AlixPartners Top-100 supplier study placed the automotive business at approximately €3.4 billion in revenue for the fiscal year ending March 2025, down 3.3% from approximately €3.6 billion the prior year. This aligns with the FY2025 annual report's disclosure of a "3% decrease in our Automotive business" within FRS. The overall FRS segment reported $11.7 billion in net sales for FY2025, with segment income of $684 million (5.8% margin), though that figure spans automotive alongside industrial and health. No profitability figure for the automotive sub-market is published by the company.

For context, total company revenues were $25.8 billion in FY2025 and $26.4 billion in FY2024 -- a modest decline driven in part by softer industrial and automotive markets, partially offset by strength in cloud infrastructure. Flex carries NASDAQ ticker FLEX; shares are incorporated in Singapore with principal executive offices in Austin, Texas.

Ownership and history

Flex was founded approximately 55 years ago and has been a publicly listed company on NASDAQ for decades. It is incorporated in Singapore (company registration number 199002645H) with its principal executive offices at 12515-8 Research Blvd, Suite 300, Austin, Texas.

For most of its history the company operated as a broadly diversified contract electronics manufacturer, serving cloud, communications, consumer, industrial, and automotive customers. In January 2024, Flex completed the spin-off of Nextracker, its solar tracker business, distributing Nextracker shares to Flex shareholders. As of July 2026, Flex has announced a further planned spin-off: the Cloud and Power Infrastructure segment, to be separated into an independent public company (referred to internally as SpinCo) in the first quarter of 2027. After the spin-off, the remaining Flex will focus on automotive, industrial, health, consumer devices, and lifestyle -- a portfolio centered on what the company calls its Flex Reliability Solutions and Flex Agility Solutions segments. Michael Hartung, currently Chief Commercial Officer, has been named CEO-designate for the continuing Flex entity.

The automotive business is headquartered operationally in Farmington Hills, Michigan, with manufacturing sites across the Americas, EMEA, and Asia. A €90 million facility in Zalaegerszeg, Hungary broke ground in March 2026; it will manufacture components for electric and hybrid vehicles, supplying BMW, Ford, and Volkswagen among others, and is expected to create approximately 210 jobs.

Certifications and quality

Flex's supplier quality requirements documentation for its automotive business references IATF 16949 as the baseline quality standard for all automotive-grade work. The company describes APQP and PPAP as standard procedure across its automotive manufacturing programs.

A notable customer-specific certification: Flex's site in Guadalajara, Mexico, maintained Ford's Q1 Certification for 10 consecutive years through April 2024. Ford's Q1 award represents the automaker's highest quality honor for suppliers and is maintained through ongoing performance against Ford's requirements beyond ISO and IATF 16949 baseline requirements.

Known customers

Flex serves global OEMs directly and through Tier-1 supplier programs. Documented customer relationships include:

Customer

Evidence

As of

Ford

Ford Q1 Certification at Guadalajara, 10 consecutive years; Ford Sustainability Supplier of the Year 2025; named on first automotive carbon footprint tracking pilot

2024-2025

BMW Group

Catena-X ECU data exchange live across APAC, EMEA, and North America; carbon accounting pilot June 2026

2025-2026

Volkswagen

Named as OEM customer of new Hungary facility per third-party press coverage, March 2026

2026

Beyond these documented relationships, the company's automotive customer set spans global OEMs and leading technology providers, per the company's own statements.

Recent news

Jul 2026 -- Flex announced leadership teams for both the post-spin-off Flex and SpinCo. Michael Hartung, currently Chief Commercial Officer, is named CEO-designate for the continuing Flex entity; Revathi Advaithi, current CEO, will lead SpinCo. The automotive segment stays within Flex after the separation, expected in Q1 2027 (company announcement).

Mar 2026 -- Flex broke ground on a €90 million facility in Zalaegerszeg, Hungary, for electric and hybrid vehicle components. The plant is expected to create roughly 210 jobs, including 20 in research and development, and will supply BMW, Ford, and Volkswagen as well as Tier-1 suppliers (Evertiq, March 24, 2026).

Apr 2025 -- Flex received two Automotive News PACE Awards, recognized for the Jupiter Compute Platform and the Backup DC/DC Converter -- the only supplier to win multiple PACE Awards in the 2025 cycle. Both platforms are described as already in use by global automakers (company press release, April 21, 2025).

Frequently asked questions

What does Flex make for automotive?

Flex is an electronics manufacturing services company that designs and builds compute platforms, power electronics, electronic control units, and zonal architecture hardware for automotive OEMs and Tier-1 suppliers. Its automotive products include the Jupiter Compute Platform for software-defined vehicles, high-voltage power electronics for EVs and hybrids, and ECU modules. It also provides supply chain management and post-sale services across more than 30 automotive sites.

Who owns Flex?

Flex Ltd. is a publicly listed company on NASDAQ (ticker: FLEX), incorporated in Singapore. There is no single controlling parent. As of mid-2026 the company is executing a planned spin-off of its Cloud and Power Infrastructure segment into a separate public company, expected to close in Q1 2027; the automotive business remains within the continuing Flex entity.

What is Flex's automotive revenue?

The Berylls by AlixPartners Top-100 supplier study estimated Flex's automotive-only revenue at approximately €3.4 billion for the fiscal year ending March 2025, down roughly 3% from the prior year. The company does not separately report automotive profitability; total company revenues for FY2025 were $25.8 billion.

Where is Flex headquartered?

Flex is incorporated in Singapore and has its principal executive offices at 12515-8 Research Blvd, Suite 300, Austin, Texas 78759. The automotive business group operates from Farmington Hills, Michigan. Flex operates in 30+ countries with over 30 automotive manufacturing and design sites.

Who are Flex's automotive customers?

Documented automotive customers include Ford (10-year quality certification at Guadalajara; Ford Sustainability Supplier of Year 2025), BMW Group (active Catena-X ECU data exchange and carbon tracking programs), and Volkswagen (named as a customer of the new Hungary facility). The company serves global OEMs and Tier-1 suppliers across the Americas, EMEA, and Asia.

Last verified September 2026. Is this your company? Request a correction.

Leadership

Revathi Advaithi

Chief Executive Officer

Mike Thoeny

President, Automotive Business Group

Michael Hartung

CEO-Designate (post spin-off)

Location & contact

Singapore (Registered HQ)Headquarters · Singapore
Austin, TX (Principal Offices)Office · Texas 78759, United States
Farmington Hills, MI (Automotive Hub)Office · Michigan, United States
Guadalajara, Mexico (Manufacturing)Manufacturing · Jalisco, Mexico
Zalaegerszeg, Hungary (Under Construction)Manufacturing · Zalaegerszeg, Hungary
Singapore (Registered HQ)SingaporeRegistered incorporation; executive oversight

Certification

IATF 16949

Automotive electronics manufacturing; site-level IATF 16949 coverage

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