Flex Q4 net sales rise 17% to $7.5 billion; plans to spin off cloud and power unit
Flex reported fourth-quarter fiscal 2026 net sales of $7.5 billion, up 17% from a year earlier, with GAAP diluted EPS of $0.67 versus $0.57 and adjusted EPS of $0.93 versus $0.73. The company also announced its intent to spin off its Cloud and Power Infrastructure business into a new independent public company and guided fiscal 2027 adjusted EPS to $4.21 to $4.51, a figure that excludes the planned spin-off.
Key points
- Q4 net sales $7.5 billion, up 17%; GAAP EPS $0.67 vs $0.57; adjusted EPS $0.93 vs $0.73
- Full-year fiscal 2026 net sales $27.9 billion, up 8%; GAAP EPS $2.33 vs $2.11; adjusted EPS $3.30 vs $2.65
- Fiscal 2027 guidance: net sales $32.3 billion to $33.8 billion; adjusted EPS $4.21 to $4.51
- Intent to spin off Cloud and Power Infrastructure segment announced May 5, 2026; conference call May 6, 2026 at 8:30 AM ET
The filing
Written by AI on Nov 8, 2026, 1:10 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 05, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.