Flex said net sales for the 3 months ended September 26, 2025 were $6.8 billion, an increase of approximately 4% from $6.5 billion in the prior-year period, and gross margin was 9.0%, up 90 basis points from 8.1% in the prior-year period.

10-QQuarterly reportFiled Oct 31, 2025Period of report Sep 26, 2025Summary published (UTC) Oct 10, 2026

Key points

AI summary

Flex said net sales for the 3 months ended September 26, 2025 were $6.8 billion, an increase of approximately 4% from $6.5 billion in the prior-year period, and gross margin was 9.0%, up 90 basis points from 8.1% in the prior-year period.
During the three months ended September August 21, 2025, the Company recognized a total of $41 million primarily in asset impairments and inventory write-downs as a result of a missile strike on its Mukachevo, Ukraine facility, which it said are included in restructuring and impairment charges.
Flex said operating cash flow for the 6 months ended September 26, 2025 was $0.9 billion, and free cash flow after net capital expenditures was $0.6 billion inflow, compared to $0.5 billion in the prior-year period.
The company said it repurchased shares for $0.5 billion at an average price of $42.35 per share during the 6 months ended September 26, 2025, and $1.5 billion of the $1.7 billion authorization remained available for repurchase as of the balance date.

Key figures

Quarter ended September 26, 2025

Revenue: $6.8B
Operating income: $296M
Net income: $199M
EPS: $0.52
Gross profit: $614M

From the XBRL financial data filed with the SEC · not processed by AI.

Summary

AI-written

Analysis scope · Management's discussion (MD&A)We analyzed excerpts of the Management's Discussion and Analysis (MD&A) section (with omissions). Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.

Quarterly Net Sales $6.8 billion, Gross Margin 9.0%

Flex said net sales for the 3 months ended September 26, 2025 were $6.8 billion, an increase of approximately 4% from $6.5 billion in the prior-year period, and gross margin was 9.0%, up 90 basis points from 8.1% in the prior-year period.

Source · Based on the MD&A text of the filing

Mukachevo Facility Missile Strike Charges $41 million

During the three months ended September August 21, 2025, the Company recognized a total of $41 million primarily in asset impairments and inventory write-downs as a result of a missile strike on its Mukachevo, Ukraine facility, which it said are included in restructuring and impairment charges.

Source · Based on the MD&A text of the filing

6-Month Operating Cash Flow $0.9 billion, Free Cash Flow $0.6 billion

Flex said operating cash flow for the 6 months ended September 26, 2025 was $0.9 billion, and free cash flow after net capital expenditures was $0.6 billion inflow, compared to $0.5 billion in the prior-year period.

Source · Based on the MD&A text of the filing

6-Month Share Repurchases $0.5 billion and Remaining Authorization $1.5 billion

The company said it repurchased shares for $0.5 billion at an average price of $42.35 per share during the 6 months ended September 26, 2025, and $1.5 billion of the $1.7 billion authorization remained available for repurchase as of the balance date.

Source · Based on the MD&A text of the filing

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.

View the original filing on SEC EDGAR ↗

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