Skip to main content
Autobound logo
Flex10-K: Major contract loss

Top 10 customers represent 45% of sales, creating significant revenue risk

Read at SEC EDGAR

What happened

High customer concentration makes Flex vulnerable to demand volatility and the potential loss of a major account, which could materially harm revenue and cash flow.

Source

SEC EDGARMay 20, 2026

Annual report (Form 10-K)

Flex 10-K for FY2026

Filing excerpt

Our ten largest customers accounted for 45%, 44% and 37% of net sales in fiscal years 2026, 2025 and 2024, respectively.

sec.gov/Archives/edgar/data/866374/000086637426000012/flex-20260331.htmRead the full source

Other signals in this filing (11)

Extracted by Autobound

From the Signal API record
Signal
10-K: Major contract loss

What this signalsFilings often name leadership changes, deals and spending plans.

Period
FY2026
Fiscal year end
03/31
Filed
May 20, 2026

More from Flex

Company page →

More 10-K signals at other companies

The full record

From the Signal API record

Numbers

Percent
45% (percentage of net sales from ten largest customers in fiscal 2026)

Details

CIK
866374
Accession number
0000866374-26-000012
Timeframe
Current year
Filing year
2026
Why it matters
Urgency to improve
Signal category
Revenue

Extraction

Confidence
High
Relevance
80%
Sentiment
Negative
Detected
May 26, 2026
signal_type
sec-10k
signal_subtype
majorContractLoss

Use this data

Get every 10-K signal for Flex and the companies you sell to, in the tools you already use.

  1. Ask Claude about it

    Connect Autobound to Claude, Claude Code or Cursor with MCP. Then ask: “What changed at Flex this week?”

    MCP setup guide

  2. Send it to your own tools

    The Signal API returns 10-K signals for any list of companies as JSON, for your CRM, warehouse or app.

    Signal API

  3. Try it free

    Sign up and spend your free credits on the companies you sell to.

    Start Free1,000 free credits

The API returns more than this page shows

This page shows a preview. The full sec-10k record in the Signal API and MCP can also have these 8 fields. Some fields are empty for some signals.

Company

  • linkedin_urlValue in the API
  • industriesValue in the API
  • employee_count_lowValue in the API
  • employee_count_highValue in the API
  • revenueValue in the API
  • descriptionValue in the API

Signal

  • signal_nameValue in the API
  • associationValue in the API
Start Free1,000 free creditsUse it in Claude via MCP
Show the full JSONThe record on this page and the API request

GET /v1/signals/3ee2b9a9-caec-4510-83a2-a8149ca0e0aa returns this record as JSON. POST /v1/companies/enrich returns every signal for flex.com.

{
  "signal_id": "3ee2b9a9-caec-4510-83a2-a8149ca0e0aa",
  "signal_type": "sec-10k",
  "signal_subtype": "majorContractLoss",
  "detected_at": "2026-05-26T10:04:40.988+00:00",
  "company": {
    "name": "Flex",
    "domain": "flex.com"
  },
  "data": {
    "detail": "High customer concentration makes Flex vulnerable to demand volatility and the potential loss of a major account, which could materially harm revenue and cash flow. This creates an urgent need for solutions that improve customer retention, supply chain forecasting, and help diversify the customer base.",
    "metrics": {
      "pct": 0.45,
      "timeframe": "current_year",
      "pct_context": "percentage of net sales from ten largest customers in fiscal 2026"
    },
    "summary": "Top 10 customers represent 45% of sales, creating significant revenue risk",
    "excerpts": "Our ten largest customers accounted for 45%, 44% and 37% of net sales in fiscal years 2026, 2025 and 2024, respectively.",
    "relevance": 0.8,
    "sentiment": "negative",
    "confidence": "high",
    "source_url": "https://www.sec.gov/Archives/edgar/data/866374/000086637426000012/flex-20260331.htm",
    "filing_date": "2026-05-20",
    "filing_year": 2026,
    "fiscal_year_end": "03/31",
    "sales_relevance": "Urgency to improve",
    "signal_category": "revenue"
  }
}

Long text fields are shortened on this page.

Looking up one signal by its id is free. Enrich costs 2 credits per signal returned; a call with no results is free.