Flex Ltd. Ordinary Shares (FLEX) Financials
Key financial figures for Flex Ltd. Ordinary Shares (Q2 2027).
Flex Q2 FY2027 net sales rose 25% to $8.49 billion with record adjusted EPS of $1.18 (prior year $0.79), and the company raised its fiscal 2027 outlook to net sales of $34.9 billion to $35.9 billion. Net sales were $8,491 million against $6,804 million a year earlier (up 25%), above the July guidance range of $7.95 billion to $8.25 billion; adjusted operating income of $607 million (7.1% margin, up from $409 million and 6.0%) and adjusted EPS of $1.18 (up from $0.79) also finished above the guided ranges of $535 million to $565 million and $1.00 to $1.07. GAAP operating income was $414 million (4.9% of sales, up from $296 million and 4.4%) and GAAP EPS was $0.70 against $0.52; GAAP net income was $263 million against $199 million. On the outlook: Third quarter fiscal 2027: net sales of $8.87 billion to $9.17 billion, adjusted operating income of $685 million to $715 million, adjusted EPS of $1.19 to $1.25, interest and other of about $120 million, adjusted tax rate 21%, about 375 million weighted average shares. Fiscal 2027 updated: net sales of $34.9 billion to $35.9 billion (prior $33.7 billion to $35.2 billion), adjusted operating margin of 7.6% to 7.8% (prior 7.0% to 7.2%), adjusted EPS of $4.84 to $5.16 (prior $4.42 to $4.74), adjusted tax rate 21%; reflects the full fiscal year including acquisitions closed after September 25, 2026 and does not give effect to the planned Cloud and Power Infrastructure spin-off. Figures are for Q2 FY2027, as Flex Ltd. reported them.
- Revenue
- $8.5B
- Net Income
- $263M
- EPS
- $0.71
- Total Assets
- $27.4B
- Operating Cash Flow
- $501M
Recent quarters
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| Q2 FY2027 | $8.5B | $263M | $0.70 | 4.88% | $260M |
| Q1 FY2027 | $7.9B | $285M | $0.76 | 4.94% | $283M |
| Q4 FY2026 | $7.5B | $250M | $0.67 | 5.68% | $211M |
| Q3 FY2026 | $7.1B | $239M | $0.64 | 5.67% | $272M |
| Q2 FY2026 | $6.8B | $199M | $0.52 | 4.35% | $303M |
Recent fiscal years
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| FY2026 | $27.9B | $880M | $2.33 | 5.4% | $1.1B |
| FY2025 | $25.8B | $838M | $2.11 | 4.53% | $1.1B |
| FY2024 | $26.4B | $1.0B | $2.28 | 3.23% | $796M |
Frequently asked questions
What was Flex Ltd.'s revenue last quarter?
Flex Ltd. reported revenue of $8.49 billion for Q2 FY2027, up 24.8% from the same period a year earlier.
Is Flex Ltd. profitable?
Yes. Flex Ltd. reported net income of $263.0 million for Q2 FY2027, a net margin of 3.1% on revenue.
How has Flex Ltd.'s margin trended?
Operating margin was 4.88% in Q2 FY2027, compared with 4.35% in the same period a year earlier. The quarter by quarter series is on the SentiSense financials page.
How much free cash flow did Flex Ltd. generate?
Flex Ltd. generated free cash flow of $260.0 million in Q2 FY2027, after capital expenditure.
Full income statement, balance sheet and cash flow for Flex Ltd. Ordinary Shares on SentiSense, with up to forty quarters and twenty fiscal years of history.