FLEX REPORTS SECOND QUARTER FISCAL 2027 RESULTS
Key Highlights
- ➤Q2 net sales $8.5 billion, up 25% year over year
- ➤Record adjusted EPS $1.18, versus $0.79 a year earlier
- ➤Q3 sales guidance $8.87-$9.17 billion, up 28% midpoint
- ➤FY2027 adjusted EPS guidance raised to $4.84-$5.16
- ➤FY2027 adjusted operating margin guidance raised to 7.6%-7.8%
- ➤Planned Cloud and Power Infrastructure spin-off remains on track
Expert Statements
Revathi Advaithi, CEO of Flex
“We continue to execute from a position of strength while advancing our planned spin-off of our Cloud and Power Infrastructure segment. Our acquisition of EPC Power further completes our end-to-end Power portfolio and will be immediately accretive in fiscal 2027, while the unveiling of the Axiom name and anticipated leadership marks another important step toward creating two focused companies positioned for long-term success”
* Reported Q2 net sales of $8.5 billion, up 25% versus the prior year. * Delivered Q2 GAAP operating margin of 4.9%, and adjusted operating margin of 7.1%. * Reported Q2 GAAP EPS of $0.70, and record adjusted EPS of $1.18. AUSTIN, Texas, Oct. 28, 2026 /PRNewswire/ -- Flex (NASDAQ: FLEX) today announced results for its second quarter ended September 25, 2026.
"We continue to execute from a position of strength while advancing our planned spin-off of our Cloud and Power Infrastructure segment. Our acquisition of EPC Power further completes our end-to-end Power portfolio and will be immediately accretive in fiscal 2027, while the unveiling of the Axiom name and anticipated leadership marks another important step toward creating two focused companies positioned for long-term success," said Revathi Advaithi, CEO of Flex.
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