Flex Ltd. Q2 Fiscal 2026 Earnings Release

Flex Ltd. reported its financial results for the second quarter of fiscal year 2026, ending September 26, 2025. The company announced a 4% increase in net sales, reaching $6.8 billion, which was at the top end of their guidance. Flex also raised its full-year guidance for net sales, adjusted operating margin, and adjusted EPS due to strong demand in its Power and Cloud businesses. The GAAP operating margin was 4.4%, while the adjusted operating margin was 6.0%, marking the fourth consecutive quarter at or above this level. GAAP EPS was $0.52, including $41 million in costs related to a missile strike at their Ukraine facility, while adjusted EPS was a record $0.79. The company provided updated guidance for the third quarter and full fiscal year, reflecting continued confidence in its data center position and ability to offer integrated solutions in the AI era.