The financials
Flex Ltd. by the numbers
Flex Ltd. (FLEX) reported revenue of $7.93B in Q1 2027 (quarter ended June 26, 2026), up 21% from the same quarter a year earlier. That came with a gross margin of 9.4% and net income of $285M (3.6% of revenue). For the full year FY2026, revenue was $27.9B (+8.1% year on year) and net income $880M. Its largest segment in 2026-Q2 was Regulated Manufacturing Solutions at $2.67B, 34% of the disclosed total, just ahead of Cloud And Power Infrastructure at 28%.
| Income statement | Q1 2027 | Q1 2026 | Change |
|---|---|---|---|
| Revenue | $7.93B | $6.58B | +21% |
| Gross profit | $747M | $572M | +31% |
| Operating income | $392M | $311M | +26% |
| Net income | $285M | $192M | +48% |
| Diluted EPS | $0.76 | $0.50 | +52% |
| Operating | Revenue | Share |
|---|---|---|
| Regulated Manufacturing Solutions | $2.67B | 34% |
| Cloud And Power Infrastructure | $2.20B | 28% |
| Cloud Power Infrastructure CPI | $1.53B | 19% |
| Regulated Manufacturing Solutions RMS | $1.50B | 19% |
Business Segments
Revenue split by operating segment, from SEC XBRL filings.
Latest period: Q2 2026Total $7.91B (+67%)
Cloud And Power Infrastructure grew +35% year on yearCloud Power Infrastructure CPI -2.2% year on year
Segment Latestyear on year
- Regulated Manufacturing Solutions$2.67B$2.67Byear on year +12%+12%
- Cloud And Power Infrastructure$2.20B$2.20Byear on year +35%+35%
- Cloud Power Infrastructure CPI$1.53B$1.53Byear on year -2.2%-2.2%
- Regulated Manufacturing Solutions RMS$1.50B$1.50Byear on year +5.2%+5.2%
- Flex Agility Solutions FAS--year on year --
- Flex Reliability Solutions FRS--year on year --
Electronic Components
Ranks #16 of 23 by Smart Score