8/102 sources · 2 publishersUpdated Oct 31, 08:27 UTC
Flex reports Q2 2026 net sales of $8.49 billion, up about 25% YoY
Flex Ltd. announced second‑quarter 2026 net sales of $8.491 billion, a rise of roughly 25% from the same quarter a year earlier. Net income increased to $263 million, or $0.71 per diluted share, compared with $199 million a year ago. Operating income grew to $414 million and gross profit improved to $812 million. Cash balances rose to $3.083 billion while long‑term debt climbed to $5.213 billion.
Why it matters
The company says the sales and earnings jump reflects stronger demand and higher operating leverage, but investors must consider the higher interest expense and larger debt load that raise financing costs (Flex filing).
Key facts
- 1Second‑quarter net sales were $8.491 billion, up roughly 25% from $6.804 billion a year earlier. minichart.com.sg
- 2Net income for the quarter was $263 million, or $0.71 per diluted share, versus $199 million a year earlier. minichart.com.sg
- 3Operating income increased to $414 million from $296 million in the prior‑year quarter. minichart.com.sg
- 4Gross profit rose to $812 million from $614 million a year earlier. minichart.com.sg
- 5Cash and cash equivalents were $3.083 billion as of September 25, 2026, up from $2.389 billion at March 31, 2026. minichart.com.sg
- 6Long‑term debt, net of current portion, increased to $5.213 billion from $3.751 billion a year earlier. minichart.com.sg
Summary written by AlphAI AI Desk from 2 of 2 sources. Not investment advice. Figures are as stated by the linked sources.