{"url":"https://newsforagent.com/news/2026-10-28/flex-second-quarter-fiscal-2027-results","markdown_url":"https://newsforagent.com/news/2026-10-28/flex-second-quarter-fiscal-2027-results.md","title":"Flex Posts $8.5 Billion Quarter, Raises Full-Year Outlook","headline":"Flex Reports 25% Sales Growth to $8.5 Billion and Lifts Fiscal 2027 Guidance","description":"Flex reported $8.5 billion in quarterly net sales, up 25%, and raised its fiscal 2027 outlook to $34.9 billion to $35.9 billion.","section":"Earnings & Results","published_at":"2026-10-28T11:24:10+00:00","modified_at":"2026-10-28T11:24:10+00:00","author":"News Desk","key_takeaways":["Flex reported second-quarter fiscal 2027 net sales of $8.5 billion, up 25% from the prior year.","Flex raised full-year fiscal 2027 net sales guidance to $34.9 billion to $35.9 billion, growth of 27% at the midpoint.","Flex guided third-quarter net sales to $8.87 billion to $9.17 billion, growth of 28% at the midpoint."],"companies":[{"name":"Flex","is_primary":true,"profile_url":"https://akta.pro/company-profiles/0005p2p/flex","website":"https://flex.com"},{"name":"EPC Power","is_primary":false,"profile_url":"https://akta.pro/company-profiles/0008c8m/epc-power","website":"https://www.epcpower.com"}],"source":{"publisher":"Stock Titan","title":"Flex Q2 earnings: sales rise 25% to $8.5B","url":"https://www.stocktitan.net/news/FLEX/flex-reports-second-quarter-fiscal-2027-ngq30szv12l7.html"},"other_sources":[],"tags":["Earnings & Results","Flex","EPC Power"],"body_markdown":"[Flex](https://akta.pro/company-profiles/0005p2p/flex) reported second-quarter fiscal 2027 net sales of $8.5 billion, up 25% from the prior year, and raised its full-year outlook. The Austin, Texas-based advanced manufacturer announced the results on October 28, 2026, according to [Stock Titan](https://www.stocktitan.net/news/FLEX/flex-reports-second-quarter-fiscal-2027-ngq30szv12l7.html).\n\n## Flex's Quarter and the EPC Power Deal\n\nFlex, an advanced manufacturing partner for AI data center, automotive, industrial and consumer customers, posted GAAP operating income of $414 million and adjusted operating income of $607 million. GAAP earnings per share were $0.70, and adjusted earnings per share were a record $1.18. Cash provided by operating activities was $501 million, and free cash flow was $261 million.\n\n\"Our acquisition of EPC Power further completes our end-to-end Power portfolio and will be immediately accretive in fiscal 2027,\" CEO Revathi Advaithi said in the release. Flex entered a $3.3 billion senior term loan on September 29, 2026, to fund part of the cash consideration for [EPC Power](https://akta.pro/company-profiles/0008c8m/epc-power) Corp. and related assets, according to American Banking and Market News.\n\nAdvaithi also cited the planned spin-off of the Cloud and Power Infrastructure segment and the unveiling of the Axiom name as steps toward creating two focused companies.\n\n## Flex's Raised Fiscal 2027 Guidance\n\nFlex's updated fiscal 2027 guidance reflects expected results for the full year and does not give effect to the planned spin-off of the Cloud and Power Infrastructure segment, and it includes contributions from recent acquisitions closed after September 25, 2026. The company now expects net sales of $34.9 billion to $35.9 billion, growth of 27% at the midpoint, compared with prior guidance of $33.7 billion to $35.2 billion. Adjusted operating margin is guided to 7.6% to 7.8%, up from 7.0% to 7.2%, and adjusted earnings per share to $4.84 to $5.16, up from $4.42 to $4.74.\n\nFor the third quarter, Flex guided net sales to $8.87 billion to $9.17 billion, growth of 28% at the midpoint, adjusted operating income of $685 million to $715 million and adjusted earnings per share of $1.19 to $1.25, growth of 40% at the midpoint.\n\n## Flex's Path to the Spin-Off\n\nFlex's board unanimously approved a plan in May 2026 to spin off its Power and Cloud portfolio into a new independent publicly traded company, targeted to close in the first quarter of 2027 in a tax-free transaction for shareholders, according to [akta.pro company records](https://akta.pro/company-data). Flex was selected to join the S&P 500 Index effective June 22, 2026. In June 2026, Chase Corporation acquired Sheldahl from Flex; financial terms were not disclosed.\n\n## Flex's Next Reporting Date\n\nFlex said its management team would host a conference call on October 28, 2026, to review the second-quarter results, with a live webcast, audio replay and transcript available on its investor relations website.\n","publisher":{"name":"News for Agent","url":"https://newsforagent.com"}}