Flex Ltd. (FLEX) Q3 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Thank you for standing by. Welcome to FLEX's third quarter fiscal year 2026 earnings conference call. Presently, all participants are in listen-only mode. After the speaker's remarks, there will be a question and answer session. If you'd like to ask a question, please press star 1 on your telephone. If you'd like to withdraw your question, please press star 2. As a reminder, this call is being recorded. I will now turn the call over to Mrs. Michelle Simmons. You may begin. Thank you, Rob. Good morning, and thank you for joining us today for FLEX's third quarter. above our guidance across all metrics. Revenue came in at $7.1 billion, up 8% versus last year, and adjusting operating margin was 6.5%. That was yet another quarter above 6%. We reported adjusted EPS of $0.87, up 13%, and that was another record for Flex. So this performance reflects the strength of our differentiated business model. Let's start with data center first. As you all know, there's tremendous complexity in the data center deployment, and the market needs an ecosystem of integrated products, capabilities, technologies, and services. Flex's holistic approach is resonating with customers, enabling them to build at this scale speed and quality demanded by the AI era, while drawing on Flex's more than five decades of experience navigating major technology shifts across industries. The growth we're seeing in data centers is being driven by rapidly expanding compute and AI workloads, and those demands are here to stay. As customers continue to scale, complexity increases. Every design choice has downstream implications across the ecosystem and requires a systems-level approach. This is where Flex is uniquely positioned to help. Our data center portfolio is built around three tightly connected capabiliti...