Revenue: As of FY2026, the actual value is USD 27.91 B, beating the estimate of USD 27.4 B.EPS: As of FY2026, the actual value is USD 2.33, missing the estimate of USD 2.46.EBIT: As of FY2026, the actual value is USD 1.532 B.<h4>Overall Financial Performance</h4><ul><li>Gross Profit: Flex Ltd.’s gross profit increased by $0.4 billion, or 19%, to $2.6 billion (9.2% of net sales) for fiscal year 2026, up from $2.2 billion (8.4% of net sales) in fiscal year 2025.</li><li>Net Income from Continuing Operations: Net income from continuing operations was $880 million in fiscal year 2026, an increase of $42 million, or 5%, compared to $838 million in fiscal year 2025.</li><li>Selling, General and Administrative Expenses (SG&amp;A): SG&amp;A totaled $1.1 billion in fiscal year 2026, an increase of $148 million from $904 million in fiscal year 2025.</li><li>Restructuring and Impairment Charges: Flex Ltd. recognized $87 million in restructuring charges and $51 million for asset impairments in fiscal year 2026.</li><li>Interest Expense: Interest expense decreased by $3 million to $215 million in fiscal year 2026, down from $218 million in fiscal year 2025.</li><li>Interest Income: Interest income decreased by $10 million to $51 million in fiscal year 2026, compared to $61 million in fiscal year 2025.</li><li>Other Charges (Income), Net: In fiscal year 2026, Flex Ltd. recorded $30 million in other charges, net, which contrasts with $14 million in other income, net, in fiscal year 2025.</li><li>Equity in Earnings (Losses) of Unconsolidated Affiliates: Flex Ltd. reported - $31 million in losses from unconsolidated affiliates in fiscal year 2026, an increase from - $3 million in losses in fiscal year 2025.</li><li>Effective Tax Rate: The consolidated effective tax rate was 23.0% for fiscal year 2026, up from 18.1% for fiscal year 2025.</li></ul><h4>Segment Performance</h4><ul><li>Integrated Technology Solutions (ITS):<ul><li>Net Sales: Decreased by $0.2 billion, or 2%, to $11.1 billion in fiscal year 2026, from fiscal year 2025.</li><li>Segment Income: Increased to $596 million (5.4% margin) in fiscal year 2026, from $541 million (4.8% margin) in fiscal year 2025.</li></ul></li><li>Regulated Manufacturing Solutions (RMS):<ul><li>Net Sales: Increased by $0.5 billion, or 5%, to $10.2 billion in fiscal year 2026, from fiscal year 2025.</li><li>Segment Income: Increased to $611 million (6.0% margin) in fiscal year 2026, from $505 million (5.2% margin) in fiscal year 2025.</li></ul></li><li>Cloud and Power Infrastructure (CPI):<ul><li>Net Sales: Increased by $1.8 billion, or 38%, to $6.6 billion in fiscal year 2026, from fiscal year 2025.</li><li>Segment Income: Decreased to $610 million (9.2% margin) in fiscal year 2026, from $492 million (10.2% margin) in fiscal year 2025.</li></ul></li></ul><h4>Cash Flow and Liquidity</h4><ul><li>Operating Cash Flow: Cash provided by operating activities increased by $0.2 billion to $1.7 billion in fiscal year 2026, compared to $1.5 billion in fiscal year 2025.</li><li>Free Cash Flow: Free cash flow was $1.1 billion for both fiscal years 2026 and 2025.</li><li>Investing Activities: Cash used in investing activities decreased by $0.1 billion to - $0.7 billion for fiscal year 2026, from - $0.8 billion in fiscal year 2025.</li><li>Financing Activities: Cash used in financing activities increased by $0.1 billion to - $0.9 billion for fiscal year 2026.</li><li>Net Working Capital: Net working capital increased by $1.3 billion to $4.3 billion as of March 31, 2026, from $3.0 billion as of March 31, 2025.</li><li>Customer-Controlled Inventory: Flex Ltd. held customer-controlled inventory of $1.3 billion as of March 31, 2026, compared to $416 million as of March 31, 2025.</li><li>Customer Concentration: The ten largest customers accounted for 45% of net sales in fiscal year 2026, compared to 44% in fiscal year 2025. A single customer accounted for 16% of total accounts receivable, net, as of March 31, 2026.</li></ul><h4>Outlook / Guidance</h4>伟创力国际 plans to separate its CPI segment into an independent, publicly traded company, with completion targeted for the first quarter of calendar year 2027. Following the spin-off, 伟创力国际 will continue as an advanced manufacturing and supply chain solutions business comprising its ITS and RMS segments. This separation aims to create distinct companies focused on data center power, digital infrastructure, and advanced manufacturing.

Flex | 10-K: FY2026 Revenue Beats Estimate at USD 27.91 B