AI English summary of an SEC filing — figures as filed
Flex FLEXFlex reported net sales of $6,575 million, GAAP operating income of $311 million and GAAP net income of $192 million for the Q1 of fiscal 2026 ended June 27, 2025. In the year-earlier quarter, net sales were $6,314 million, operating income was $233 million and net income was $139 million.
Key points
AI summaryFlex reported net sales of $6,575 million, GAAP operating income of $311 million and GAAP net income of $192 million for the Q1 of fiscal 2026 ended June 27, 2025. In the year-earlier quarter, net sales were $6,314 million, operating income was $233 million and net income was $139 million.
The company reported adjusted operating income of $395 million and adjusted net income of $274 million for Q1. Adjusted operating income was presented as GAAP operating income of $311 million plus intangible amortization of $21 million, stock-based compensation expense of $34 million, restructuring charges of $23 million and legal and other of $6 million.
Flex recorded net cash provided by operating activities of $399 million for the 3 months ended June 27, 2025, and paid $247 million for repurchases of ordinary shares. During the same period, the company had proceeds from bank borrowings and long-term debt of $500 million and payments of bank borrowings, long-term debt and other financing liabilities of $532 million.
Flex provided revenue guidance of $6.5 billion to $6.8 billion and adjusted EPS guidance of $0.70 to $0.78 for Q2 of fiscal 2026. For the full year, the company guided revenue of $25.9 billion to $27.1 billion and adjusted EPS of $2.86 to $3.06, and said it updated its full-year guidance.
Summary
AI-writtenAnalysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.
Net Sales and Net Income for Q1 of Fiscal 2026
Flex reported net sales of $6,575 million, GAAP operating income of $311 million and GAAP net income of $192 million for the Q1 of fiscal 2026 ended June 27, 2025. In the year-earlier quarter, net sales were $6,314 million, operating income was $233 million and net income was $139 million.
Source · Based on the filing body and exhibits
Adjusted Operating Income and Adjusted Net Income versus GAAP
The company reported adjusted operating income of $395 million and adjusted net income of $274 million for Q1. Adjusted operating income was presented as GAAP operating income of $311 million plus intangible amortization of $21 million, stock-based compensation expense of $34 million, restructuring charges of $23 million and legal and other of $6 million.
Source · Based on the filing body and exhibits
Operating Cash Flow and Share Repurchases for Q1
Flex recorded net cash provided by operating activities of $399 million for the 3 months ended June 27, 2025, and paid $247 million for repurchases of ordinary shares. During the same period, the company had proceeds from bank borrowings and long-term debt of $500 million and payments of bank borrowings, long-term debt and other financing liabilities of $532 million.
Source · Based on the filing body and exhibits
Q2 and Full-Year Guidance for Fiscal 2026
Flex provided revenue guidance of $6.5 billion to $6.8 billion and adjusted EPS guidance of $0.70 to $0.78 for Q2 of fiscal 2026. For the full year, the company guided revenue of $25.9 billion to $27.1 billion and adjusted EPS of $2.86 to $3.06, and said it updated its full-year guidance.
Source · Based on the filing body and exhibits
AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.
Original filing
The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.
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