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Flex net income rises 5% to $880 million in FY26; net sales climb 8% to $27.9 billion

PUBT · 3d ago

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Flex net income rises 5% to $880 million in FY26; net sales climb 8% to $27.9 billion

Flex posted fiscal 2026 net income from continuing operations of USD 880 million, up 5%, as net sales climbed 8% to USD 27.9 billion.
Gross margin widened 0.8 percentage points to 9.2%, lifting gross profit 19% to USD 2.6 billion.
Cloud and Power Infrastructure net sales surged 38% to USD 6.61 billion, while Integrated Technology Solutions slipped 2% to USD 11.11 billion.
Cash provided by operating activities rose to USD 1.69 billion, while free cash flow edged down to USD 1.06 billion from USD 1.08 billion.
It announced plans to spin off the Cloud and Power Infrastructure segment into a separately listed company in the first quarter of calendar 2027, subject to approvals and other customary conditions.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Flex Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000866374-26-000012), on May 20, 2026, and is solely responsible for the information contained therein.

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