Flex Ltd. (FLEX) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

of today's presentation, as well as in the summary financials posted on the Investor Relations website. Now I'd like to turn the call over to our CEO. Revathi? Thanks, Misha. Good morning, and thank you for joining us today. Before we get into the results, I want to start by thanking our Flex team around the world for their disciplined execution and commitment to delivering for our customers. In particular, I want to acknowledge our colleagues in Ukraine. As we shared in August, Our Mukachevo facility was damaged during a missile strike. But thanks to our emergency protocols, all team members were safely evacuated. Their strength and resilience in the face of unthinkable circumstances reflect the best of our team in Ukraine and our company as a whole. We remain committed to our colleagues in Ukraine as we focus on rebuilding our operations. Starting on slide four, we had an exceptional quarter, delivering great results on all metrics. Revenue came in at $6.8 billion, growing 4% over last year. Operating margin was an impressive 6%, the fourth quarter in a row that we remained at or above this level, and we delivered adjusted EPS of 79 cents, up 23% over last year. Another record for flex. This performance reflects the strength of our model, anchored in disciplined execution and a continued shift towards higher value technology-driven businesses. Now turning to slide five, our data center business continued to deliver outstanding results across both cloud and power. With proprietary products, deep systems expertise, and global manufacturing scale, We provide fully integrated power and IT solutions that help hyperscale co-location and silicon customers deploy faster, operate more efficiently while strengthening our margin profile. We remain bullish in our outlook and c...