FLEX LTD. (FLEX) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

Low Risk
Limited dilution potential
Last updated: October 31, 2025

Risk Assessment Details

Potential Dilution: 0.0% of current shares
Recent Dilution: 1.03% (2 years)
Historical Dilution Factor: minimal recent dilution
Outstanding Shares
370M
Potential Supply
0
Additional shares possible
Splits
None
Past 2 years

Summary

FLEX currently has 374M outstanding shares. with minimal authorized share overhang for future dilution. The company has minimally diluted shareholders by 1.03% over the past 2 years.

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
Oct 31, 2025

10-Q filing | 374.0M shares outstanding

370M 0
Aug 18, 2025

8-K filing: Flex Ltd. issued a warrant to Amazon.com NV Investment Holdings LLC to purchase up to 3,859,851 ordinary shares at an exercise price of $51.29 per share, subject to vesting based on qualifying payments and anti-dilution adjustments.

370M 0
Jul 25, 2025

10-Q filing | 374.0M shares outstanding

370M 0
May 21, 2025

10-K filing | 391.0M shares outstanding

390M 0
Jan 31, 2025

10-Q filing | 387.0M shares outstanding

390M 0
Oct 31, 2024

10-Q filing | 394.0M shares outstanding

390M 0
Jul 26, 2024

10-Q filing | 402.0M shares outstanding

400M 0
May 17, 2024

10-K filing | 435.0M shares outstanding

440M 0
Feb 02, 2024

10-Q filing | 431.0M shares outstanding

430M 0
Oct 30, 2023

10-Q filing | 443.0M shares outstanding

440M 0
Jul 31, 2023

10-Q filing | 447.0M shares outstanding

450M 0
Jun 30, 2023

8-K filing: Flex Ltd. announced that the underwriters have exercised in full their option to purchase 1,650,000 additional shares of Nextracker Inc. Class A common stock from Nextracker and certain stockholders at $36.50 per share, less underwriting discounts and commissions.

450M 0
Jun 29, 2023

8-K filing: Nextracker Inc., a subsidiary of Flex Ltd., priced its underwritten offering of 14,210,511 shares of Nextracker's Class A common stock offered by Nextracker and 2,289,489 shares of Common Stock offered by certain stockholders of Nextracker, at a price of $36.50 per share.

450M 0
Jun 26, 2023

8-K filing: Nextracker Inc., a subsidiary of Flex Ltd., launched a proposed underwritten offering of 14,210,511 shares of its Class A common stock offered by Nextracker and 2,289,489 shares offered by certain stockholders, with underwriters having an option to purchase up to 1,650,000 additional shares.

450M 0
May 19, 2023

10-K filing | 454.0M shares outstanding

450M 0
Feb 10, 2023

8-K filing: Nextracker Inc., a subsidiary of Flex Ltd., completed its upsized initial public offering of 26,600,000 shares of Class A common stock, with underwriters exercising their option to purchase 3,990,000 additional shares at $24.00 per share, resulting in net proceeds to Nextracker of approximately $693.8 million, which will be used to purchase 30,590,000 LLC common units from a subsidiary of Flex Ltd. ($0.0M proceeds)

450M 0
Feb 09, 2023

8-K filing: Nextracker Inc., a subsidiary of Flex Ltd., priced its initial public offering of 26,600,000 shares of Class A common stock at $24.00 per share.

450M 0
Feb 01, 2023

8-K filing: Nextracker launched the roadshow for an offering of 23,255,814 shares of its Class A Common Stock, with underwriters having an option to purchase up to 3,488,372 additional shares, at an expected price between $20.00 and $23.00 per share.

450M 0
Jan 27, 2023

10-Q filing | 452.0M shares outstanding

450M 0
Oct 31, 2022

10-Q filing | 455.0M shares outstanding

460M 0
Jul 29, 2022

10-Q filing | 458.0M shares outstanding

460M 0
May 20, 2022

10-K filing | 476.0M shares outstanding

480M 0
Feb 04, 2022

10-Q filing | 469.0M shares outstanding

470M 0
Feb 02, 2022

8-K filing: Flex Ltd. closed the sale of 500,000 Series A Preferred Units of Nextracker LLC to TPG Rise Flash, L.P. for $500,000,000. ($500.0M proceeds)

480M 0
Oct 29, 2021

10-Q filing | 482.0M shares outstanding

480M 0
Jul 30, 2021

10-Q filing | 491.0M shares outstanding

490M 0
May 19, 2021

10-K filing | 499.0M shares outstanding

500M 0
Jan 29, 2021

10-Q filing | 500.0M shares outstanding

500M 0
Nov 02, 2020

10-Q filing | 501.0M shares outstanding

500M 0
Aug 05, 2020

10-Q filing | 501.6M shares outstanding

500M 0
May 28, 2020

10-K filing | 512.4M shares outstanding

510M 0
Jan 31, 2020

10-Q filing | 510.3M shares outstanding

510M 0
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