FLEX LTD. (FLEX) Form 8-K — Oct 28, 2026
Flex reported Q2 fiscal 2027 net sales of $8.5 billion, up 25% year over year, with GAAP EPS of $0.70 and record adjusted EPS of $1.18 versus $0.79 a year ago. The company raised full-year fiscal 2027 guidance to net sales of $34.9-35.9 billion and adjusted EPS of $4.84-5.16, implying 27% revenue and 52% EPS growth at the midpoints. Q3 guidance calls for $8.87-9.17 billion in sales and adjusted EPS of $1.19-1.25. Management highlighted the planned spin-off of the Cloud and Power Infrastructure segment (unveiled as 'Axiom') and the EPC Power acquisition, which it says will be immediately accretive in fiscal 2027.
Key figures
- Eps
- 0.7
- Revenue
- 8491000000
- Guidance
- Q3 FY27 net sales $8.87-9.17B (28% growth at midpoint), adjusted EPS $1.19-1.25 (40% growth at midpoint); FY27 net sales $34.9-35.9B (27% growth at midpoint), adjusted EPS $4.84-5.16 (52% growth at midpoint), adjusted operating margin 7.6-7.8%
- Net Income
- 263000000
- Total Debt
- 5213000000
- Revenue Yoy
- 25%
- Total Assets
- 27377000000
- Cash Position
- 3083000000
- Adjusted eps q2
- 1.18
- Free cash flow q2
- 261000000
- Adjusted net income q2
- 443000000
- Operating cash flow q2
- 501000000
- Prior year q2 eps gaap
- 0.52
- Prior year q2 net sales
- 6804000000
- Gaap operating income q2
- 414000000
- Gaap operating margin q2
- 4.9%
- Prior year q2 eps adjusted
- 0.79
- Adjusted operating income q2
- 607000000
- Adjusted operating margin q2
- 7.1%
- Weighted avg shares q3 guide
- 375000000
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