Form 10-Q · Quarterly report
Flex Ltd. 10-Q, filed Jul 31, 2026
- Filed
- CIK
- 0000866374
- Accession no.
- 0000866374-26-000030
Summary
Flex Ltd. reported net sales of $7.9 billion for the quarter ended June 26, 2026, up from $6.6 billion a year earlier, and said its reportable segments as of that date are Integrated Technology Solutions, Regulated Manufacturing Solutions, and Cloud and Power Infrastructure. Flex said a missile strike on its Mukachevo, Ukraine facility on August 21, 2025 caused $51 million in impairments, inventory write-downs, and other charges and disrupted operations, and that elevated DRAM and NAND prices driven by AI and data-center demand could lift net sales while pressuring gross margin.
Key points
- Flex reported net sales of $7.9 billion for the three months ended June 26, 2026, versus $6.6 billion a year earlier, with the Americas at 53% of sales, Asia 30%, and Europe 17%.
- The company reorganized its reporting into three segments as of June 26, 2026: Integrated Technology Solutions, Regulated Manufacturing Solutions, and Cloud and Power Infrastructure.
- Flex recognized $51 million in asset impairments, inventory write-downs, and other charges after a missile strike on its Mukachevo, Ukraine facility on August 21, 2025, and moved production to alternative facilities.
- Flex said tariff costs paid and recovered from customers were about one percent of revenues and costs of goods in the quarter, and that the U.S. Supreme Court struck down IEEPA-based tariffs on February 20, 2026, with a refund system opened April 20, 2026.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
From the filing
ITEM 2. MANAGEMENT’S DISCUSSION OVERVIEW We are the advanced, end-to-end manufacturing partner of choice that helps a diverse customer base design, build, deliver and manage innovative products that improve the world. Through the collective strength of a global workforce across approximately 30 countries with responsible, sustainable operations, we deliver technology innovation, supply chain, and manufacturing solutions to diverse industries and end markets. Our full suite of specialized capabilities includes design and engineering, supply chain, manufacturing, and integrated services, plus a portfolio of power and cooling products. …
An excerpt of the text as filed with the SEC, cut for length.
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