Earnings Releases·Oct 28, 2026, 7:10 AM ET

Flex — Second Quarter Fiscal 2027 Earnings Summary

Q2 net sales reached $8.5 billion, a 25% year-over-year increase, with adjusted operating margin at 7.1% and record adjusted EPS of $1.18.
Guidance was raised for Q3 and full-year Fiscal 2027, projecting net sales growth of 28% and 27% respectively, alongside adjusted EPS growth of 40% and 52%.
Strategic progress includes the completion of the EPC Power acquisition to finalize the Power portfolio and the advancement of the planned spin-off of the Cloud and Power Infrastructure segment.
Capital allocation saw $1.134 billion in net acquisitions over the first half of the year, while no share repurchases were conducted and free cash flow was reduced by $61 million in separation costs.