FLEX LTD. (FLEX) Form 10-Q — Jul 31, 2026
Flex reported strong first quarter fiscal 2027 results, with net sales rising 21% year-over-year to $7.9 billion and net income increasing 48% to $285 million. The growth was driven by robust performance across all segments, particularly a 35% increase in Cloud and Power Infrastructure (CPI) sales fueled by the recent acquisition of Electrical Power Products, Inc. (EPP) and strong demand in Power and Cloud and Cooling markets. The company completed the $1.2 billion cash acquisition of EPP in May 2026, financing the deal through a new $1.45 billion senior term loan.
Key figures
- Eps
- 0.76
- Revenue
- 7928000000
- Net Income
- 285000000
- Total Debt
- 5219000000
- Cash Position
- 2840000000
- Revenue Growth
- 21%
- Free cash flow usd
- 41000000
- Spin off costs usd
- 53000000
- Acquisition cost usd
- 1200000000
- Term loan proceeds usd
- 1450000000
Price after filing
Close on the filing date to close N calendar days later (from $113.75). Historical, not a forecast.
AI analysis
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.