Flex — Second Quarter Fiscal 2027 Earnings Summary

Flex reported second-quarter fiscal 2027 net sales of $8.5 billion, representing a 25% increase compared to the prior year. The company achieved a GAAP operating margin of 4.9% and an adjusted operating margin of 7.1%, resulting in GAAP earnings per share of $0.70 and a record adjusted earnings per share of $1.18. Flex provided updated full-year fiscal 2027 guidance, projecting net sales between $34.9 billion and $35.9 billion and adjusted earnings per share between $4.84 and $5.16. The company continues to advance its planned spin-off of the Cloud and Power Infrastructure segment while integrating recent acquisitions to complete its end-to-end power portfolio.