Flex earnings date
MyStockButler's October 2026 analysis: Flex reports its next results on October 28, 2026. Watch whether cash remains after investment.
What has Flex guided for the year?
Flex’s weighted forecast points to $64.46 by October 2027 and $44.09 by October 2029, hinging on profitable repeat programs, cash payback and timely refinancing. It expects adjusted operating margin of 7.0%–7.2% and CPI revenue growth of 65%–75%. CapEx is $1.5–$1.6 billion, with 40% free-cash-flow conversion.
| Period guided | Low | High | Date given | |
|---|---|---|---|---|
| Net Sales | FY2027 (year to Mar 2027) | 33,700 | 35,200 | Jul 29, 2026 |
| Adjusted Operating Margin | FY2027 (year to Mar 2027) | 7.0% | 7.2% | Jul 29, 2026 |
| Adjusted EPS | FY2027 (year to Mar 2027) | 4.42 | 4.74 | Jul 29, 2026 |
| CapEx | FY2027 (year to Mar 2027) | 1,500 | 1,600 | Jul 29, 2026 |
| Free cash flow conversion | FY2027 (year to Mar 2027) | 40.0% | 40.0% | Jul 29, 2026 |
| CPI revenue growth | FY2027 (year to Mar 2027) | 65.0% | 75.0% | Jul 29, 2026 |
What this means. The full-year forecast still includes CPI even though the company plans to spin it off, so it is not a forecast for the smaller company after the separation.
Has Flex kept its past promises?
Management has generally delivered against its quarterly ranges. Across seven quarters, every comparable observation for revenue, adjusted operating income and adjusted EPS met or exceeded the original range. That record earns confidence, but not certainty: Flex also reduced its separate fiscal 2026 GAAP EPS forecast, and September-quarter GAAP EPS later fell below guidance after missile-strike costs.
| What management forecast | Checked | Above | Within | Below |
|---|---|---|---|---|
| Revenue / Net Sales | 7 quarters | 6 | 1 | 0 |
| Adjusted Operating Income | 7 quarters | 5 | 2 | 0 |
| Adjusted EPS | 7 quarters | 6 | 1 | 0 |
What is Flex’s results trend?
The June 2026 quarter showed broad operating growth, but cash generation weakened. Revenue rose to $7,928 million from $6,575 million a year earlier, while gross margin improved from 8.7% to 9.4%.
| Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | 7,928 | 7,477 | 7,058 | 6,804 | 6,575 | 6,398 | 6,556 | 6,545 |
| Gross margin | 9.4% | 9.4% | 9.6% | 9.0% | 8.7% | 8.8% | 9.1% | 8.1% |
| Operating income | 392 | 372 | 389 | 296 | 311 | 305 | 334 | 297 |
| Net income | 285 | 250 | 239 | 199 | 192 | 222 | 263 | 214 |
| EPS, diluted | 0.76 | 0.67 | 0.64 | 0.52 | 0.50 | 0.57 | 0.67 | 0.54 |
| = Free cash flow | 40 | 211 | 272 | 303 | 266 | 321 | 301 | 216 |
What should you watch when Flex reports?
On October 28, 2026, Flex reports its September-quarter results. Investors should compare sales and earnings with both management’s forecast and analyst expectations, then follow the cash: how much went into equipment and inventory, and how much remained after investment?