#United States #FLEX #Austin #Q1 Results #Fiscal 2026

Overview of Flex's Fiscal Performance

On July 24, 2025, Flex Ltd. (NASDAQ: FLEX) shared its financial results for the first quarter ending June 27, 2025, revealing a strong start to Fiscal Year 2026. The results underscore the company's commitment to enhancing its presence in high-growth markets, notably in data centers and power solutions.

Key Financial Highlights

1. Net Sales: Flex reported impressive net sales of $6.6 billion, marking a significant increase compared to the previous fiscal period.
2. Operating Income: The GAAP operating income stood at $311 million. Adjusted figures showed even better performance, reaching $395 million.
3. Net Income: Flex posted a GAAP net income of $192 million, with adjusted net income at $274 million.
4. Earnings Per Share (EPS): The GAAP EPS was $0.50, while the adjusted EPS was an even more favorable $0.72.

Flex's CEO, Revathi Advaithi, expressed satisfaction with the results, stating that these figures are a testament to the effectiveness of their strategic focus on high-growth sectors. The company has successfully integrated regional operations and enhanced service offerings, placing it in a strong position as an end-to-end partner for diverse industries.

Future Guidance

Looking ahead to the second quarter of Fiscal Year 2026, Flex offers optimistic insights:

• - Revenue Guidance: Expected to range between $6.5 billion and $6.8 billion.
• - Operating Income: Forecast estimates for GAAP operating income are between $322 million and $362 million.
• - Earnings Per Share: Anticipated GAAP EPS is projected to fall between $0.58 and $0.66.

For the full fiscal year, Flex has updated its guidance:

• - Revenue: Projected at $25.9 billion to $27.1 billion.
• - GAAP EPS: Estimated to be between $2.27 and $2.47 and Adjusted EPS at $2.86 to $3.06.

This substantial outlook reflects Flex's leadership status and the positive impact of its recent acquisitions, which continue to mold the company's trajectory.

Flex's Ongoing Transformation

Flex aims to revitalize its operational structure through strategic acquisitions and an expanded footprint across various markets. This strategy not only recognizes the evolving needs of the technology landscape but also ensures that the company remains at the forefront of manufacturing and supply chain efficiency.

The company's CEO highlighted, "We've built and scaled a regionalized footprint and integrated services in a way that continues to evolve Flex into a strategic partner."

Year-over-Year Comparisons

When comparing this quarter with the same period last year, there are notable improvements across various metrics:

• - Sales Growth: Previous year sales amounted to $6.3 billion, showing substantial growth this quarter.
• - Income Improvement: Last year’s GAAP net income was $139 million, compared to the current quarter’s $192 million.

These figures underscore Flex’s operational enhancements and strategic direction aimed at growth and sustainability.

Upcoming Conference Call

Flex's management team will hold a conference call at 7:30 AM (CT) on July 24, 2025, to discuss these results in detail. Investors are encouraged to join the live webcast on Flex's Investor Relations website for further insights.

In conclusion, with a robust financial performance and strategic outlook, Flex is well-positioned to capitalize on future opportunities within the rapidly evolving sectors of technology and manufacturing. Their proactive approach to market demands continues to set them apart as a leader within the industry.