Flex Ltd. is a global provider offering extensive design, engineering, manufacturing, and supply chain management solutions to original equipment manufacturers (OEMs) across ...
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Est. EPS $1.22 · Revenue $8.90B · 6 analysts
Est. EPS $1.42 · Revenue $9.65B · 2 analysts
Est. EPS $4.70 · Revenue $34.61B · 6 analysts
Est. EPS $1.52 · Revenue $10.04B · 2 analysts
| Metric | Latest | YoYYoY means Year-over-Year. It compares the latest annual value with the previous annual value to show long-term trend strength. | QoQQoQ means Quarter-over-Quarter. It compares the latest quarter with the immediately previous quarter to show short-term momentum changes. |
|---|---|---|---|
| RevenueThe total money that came through the front door from selling things, before paying a single bill. Think of it as the grand total of every credit card swipe from customers. (YoY compares this year to last year's performance, while QoQ compares the current three months to the previous three). | $27.9B | +8.1% | +6.0% |
| Net IncomeThe absolute bottom line. If the company paid every single supplier, employee, banker, and tax collector, this is the actual money left in their pocket at the end of the day. | $880.0M | +5.0% | +14.0% |
| Gross MarginThe basic markup. If they sell a $100 pair of sneakers, this percentage tells you how much of that price tag is profit right after paying for the rubber and shoelaces, but before paying for things like store rent or TV commercials. | +9.2% | +9.6% | -3.5% |
| Operating MarginThe 'day job' efficiency score. Out of every dollar a customer spends, this shows how many cents the company keeps after making the product AND paying for all the everyday corporate overhead (like salaries, marketing, and keeping the lights on). | +5.4% | +19.1% | -13.0% |
| Net MarginThe final take-home percentage. When you strip away every conceivable cost, tax, and interest payment, this is the exact number of cents the company truly gets to keep from every dollar in sales. | +3.2% | -2.9% | +7.5% |
| Free Cash FlowThe holy grail of corporate cash. It's the spendable, physical money left over after the business pays for its daily operations AND buys the big, expensive upgrades (like new factories or servers) it needs to survive. This is the 'free' money they can use to pay dividends or buy back stock. | $1.1B | -1.4% | +34.1% |
| FCF MarginThe ultimate cash conversion rate. It shows how good the company is at turning regular sales directly into cold, hard, spendable cash. A high percentage means the business is an absolute cash-printing machine. | +3.8% | -8.8% | +26.5% |
| Debt / EquityThe financial risk gauge. It compares how much of the company's empire was built using borrowed money (loans) versus the owners' own money (shareholders). A high number means they are heavily leveraged and playing a riskier game; a low number means they are playing it safe. | 83.9% | +1.2% | +28.5% |
| Current RatioThe 12-month survival check. It simply compares the cash they have right now (plus things they can quickly turn into cash) against the immediate bills they absolutely must pay this year. A score above 1 means they have enough in the wallet to cover the upcoming bills without panicking. | 1.36x | +4.3% | +1.5% |
| Total AssetsThe absolute size of the company's empire. It bundles together absolutely everything of value they own—from the cash in the register and the inventory in the warehouse, to the software patents in the vault and the factories on the ground. | $22.1B | +20.0% | +14.2% |
| Metric | Annual (A vs E) | Annual Surprise | Quarter (A vs E) | Quarter Surprise |
|---|---|---|---|---|
| EPS Surprise | 2.33 vs 3.25 | -28.2% | 0.76 vs 1.22 | -37.7% |
| Revenue Surprise | $27.9B vs $27.4B | +1.9% | $7.9B vs $8.9B | -10.9% |
| Date | Executive | Title | Security | Side | Shares | Price |
|---|---|---|---|---|---|---|
| Aug 18, 2026 | Hartung Michael P | officer: Chief Commercial Officer | Ordinary Shares | D | 1,007 | $119.79 |
| Aug 18, 2026 | Hartung Michael P | officer: Chief Commercial Officer | Ordinary Shares | D | 1,272 | $120.74 |
| Aug 18, 2026 | Hartung Michael P | officer: Chief Commercial Officer | Ordinary Shares | D | 272 | $121.76 |
| Aug 18, 2026 | Hartung Michael P | officer: Chief Commercial Officer | Ordinary Shares | D | 196 | $122.60 |
| Aug 18, 2026 | Hartung Michael P | officer: Chief Commercial Officer | Ordinary Shares | D | 8 | $123.25 |
Operator: Thank you for standing by. Welcome to Flex's First Quarter Fiscal 2027 Earnings Conference Call. Presently, all participants are in a listen-only mode. After the speakers' remarks, there will be a question-and-answer session. This call is being recorded. I will now turn the call over to Mrs. Michelle Simmons. Ms. Simmons, you may begin. Michelle Simmons: Good morning. And thank you for joining us today for Flex's first quarter fiscal 2027 earnings conference call. With me today is Revathi Advaithi, our Chief Executive Officer; Kevin S. Krumm, our Chief Financial Officer; and Michael Hartung, our Chief Commercial Officer. Slides for today's call as well as a copy of the earnings press release are available on the Investor Relations section at flex.com. Call is being recorded and will be available for replay on our corporate website. Today's call contains forward-looking statements, which are based on current expectations and assumptions. These statements involve risks and uncertainties that could cause actual results to differ materially. These statements reflect expected results for the full fiscal year and did not give effect to the planned spin-off of the cloud and power infrastructure segment. For a full discussion of these risks and uncertainties, please see the cautionary statement in our presentation press release, or in the Risk Factors section in our most recent filings with the SEC. Note, this information is subject to change, and we undertake no obligation to update these forward-looking statements. Please note, all growth metrics will be on a year-over-year basis unless stated otherwise. Additionally, all results will be on a non-GAAP basis unless we specifically state it is a GAAP result. The full non-GAAP to GAAP reconciliations can be found in the appendix slides of today's presentation as well as in the summary financials posted on the Investor Relations website. Now I would like to turn the call over to our CEO. Revathi Advaithi: Good morning, and thank you, Michelle. In Q1, our teams delivered another exceptional quarter while continuing to prepare two industry-leading companies for the next phase of growth as standalone businesses. We delivered strong revenue growth, margin expansion across all three segments, and record adjusted earnings per share of $1.00. Our cloud and power infrastructure segment grew 35% year-over-year And as we stated before, our investments in this are on track to drive accelerated growth and margin expansion in the second half of the fiscal year. We also saw strong growth in our communications and industrial business units driven by high-value markets such as networking, automation and energy infrastructure. Now we are in the midst of a generational build-out driven by AI and demand is not slowing down. We have built two focused companies to win in the AI era and these results reflect the strength of our strategy. Our results also reflect our focus on long-term execution. Our addition to the …
| Name | Title | Compensation | Gender | Year Born | Status |
|---|---|---|---|---|---|
Revathi Advaithi | Chief Executive Officer & Director | USD 5,876,303 | Female | 1968 | Active |
Kevin S. Krumm | Chief Financial Officer | USD 2,780,652 | Male | 1974 | Active |
Michael Hartung | President & Chief Commercial Officer | USD 2,469,922 | Male | 1968 | Active |
Kwanghooi Tan | Chief Operating Officer | USD 2,298,586 | Male | 1977 | Active |
D. Scott Offer | Executive Vice President & General Counsel | USD 2,042,978 | Male | 1965 | Active |
Daniel Wendler | Senior VP & Chief Accounting Officer | — | Male | 1967 | Active |
Paul Baldassari | President of Manufacturing & Services | — | Male | — | Active |
Riccardo Butta | President of Health Solutions | — | Male | 1965 | Active |
Xavier F. Boza | Chief Human Resources Officer | — | Male | 1965 | Active |
Hong Chin Tay | Company Secretary | — | Female | — | Active |
Michelle Simmons | Senior Vice President of Global Investor Relations & Public Relations | — | Female | — | Active |
Rodrigo DallOglio | President of Operational Excellence & Transformation | — | Male | — | Active |
Mike Thoeny | President of Automotive Business | — | Male | — | Active |
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