Flex stock: Fiscal Q2 report keeps outlook and spin-off in focus
Published on 11/03/2026 at 21:11 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSFlex outlook and quarterly performance
- Flex reported fiscal second-quarter net sales of 8.5 billion US dollars for the period ended September 25, 2026.
- Management raised fiscal 2027 sales, margin and adjusted earnings guidance while advancing the planned Cloud and Power Infrastructure spin-off.
- The quarter included 261 million US dollars of adjusted free cash flow and 501 million US dollars of operating cash flow.
Flex stock remained in focus on Tuesday evening after the company reported fiscal second-quarter results on October 28. The quarter ended September 25, 2026, and the results were released before the company hosted its earnings call.
According to the PR Newswire release carried by Finanznachrichten, Flex generated 8.5 billion US dollars in quarterly net sales, up from 6.8 billion US dollars a year earlier. GAAP operating income reached 414 million US dollars, while GAAP earnings per diluted share were 0.70 US dollars.
Guidance moves higher
Flex raised its fiscal 2027 outlook to sales of 34.9 billion to 35.9 billion US dollars, compared with a previous range of 33.7 billion to 35.2 billion US dollars. The updated forecast calls for an adjusted operating margin of 7.6% to 7.8% and adjusted earnings per share of 4.84 to 5.16 US dollars.
For the fiscal third quarter, management projects sales of 8.87 billion to 9.17 billion US dollars and adjusted earnings per share of 1.19 to 1.25 US dollars. These are forward-looking non-GAAP measures and remain subject to the risks described by the company.
Spin-off remains a key factor
Flex is advancing the planned separation of its Cloud and Power Infrastructure segment into an independent publicly traded company. Chief Executive Revathi Advaithi also highlighted the acquisition of EPC Power, which Flex said would be immediately accretive in fiscal 2027.
The company reported 261 million US dollars of adjusted free cash flow for the quarter and 501 million US dollars of cash from operating activities. The release said free cash flow was reduced by 61 million US dollars of separation costs tied to the planned spin-off.
Tuesday evening quote
Flex stock traded at 78.49 euros on Lang & Schwarz at 21:07 CET on Tuesday, November 3, 2026. Investors can follow the real-time quote of Flex stock for the latest market indication.
Flex Ltd. market details
- Company: Flex Ltd.
- ISIN: SG9999000020
- Market: Lang & Schwarz
- Quote: 78.49 euros on November 3, 2026 at 21:07 CET
- Reference: Previous close 75.26 euros
- Home listing: Nasdaq, ticker FLEX
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Further company-specific coverage is available in more news and analyses on Flex stock.
