Target Condition: The 5 Ws of PCB Design Constraints
Fresh PCB Concepts: More Than Compliance—A Human-centered Sustainability Approach
Elementary Mr. Watson: Closing the Gap Between Design and Manufacturing
Flex Reports Net Sales of $6.6 Billion for Q1 Fiscal 2026
July 28, 2025 | FlexEstimated reading time: 1 minute
Flex announced results for its first quarter ended June 27, 2025.
First Quarter Fiscal Year 2026 Highlights:
- Net Sales: $6.6 billion
- GAAP Operating Income: $311 million
- Adjusted Operating Income: $395 million
- GAAP Net Income: $192 million
- Adjusted Net Income: $274 million
- GAAP Earnings Per Share: $0.50
- Adjusted Earnings Per Share: $0.72
An explanation and reconciliation of non-GAAP financial measures to GAAP financial measures is presented in Schedules II and V attached to this press release.
"Our first quarter results are a great start to FY26 and a testament to the strength of our strategic focus on high-growth end-markets like data center and power," said Revathi Advaithi, CEO of Flex. "We've built and scaled a regionalized footprint and integrated services in a way that continues to transform Flex into a strategic, end-to-end partner. Our improved FY26 guidance reflects both our leadership position and the impact of transformational acquisitions that continue to shape who we are as a company."
Second Quarter Fiscal 2026 Guidance
- Revenue: $6.5 billion to $6.8 billion
- GAAP Operating Income: $322 million to $362 million
- Adjusted Operating Income: $375 million to $415 million
- GAAP EPS: $0.58 to $0.66
- Adjusted EPS: $0.70 to $0.78 which excludes $0.09 for net stock-based compensation expense and $0.03 for net intangible amortization.
Fiscal Year 2026 Guidance Updated
- Revenue: $25.9 billion to $27.1 billion
- GAAP EPS: $2.27 to $2.47
- Adjusted EPS: $2.86 to $3.06 which excludes $0.35 for net stock-based compensation expense, $0.15 for net intangible amortization and $0.09 for net restructuring & other charges
Share on:
Testimonial
"Advertising in PCB007 Magazine has been a great way to showcase our bare board testers to the right audience. The I-Connect007 team makes the process smooth and professional. We’re proud to be featured in such a trusted publication."
Klaus Koziol - atgSuggested Items
OKI Launches Rigid-Flex PCBs with Embedded Copper Coins Featuring Improved Heat Dissipation for Space Equipment Applications
07/29/2025 | BUSINESS WIREOKI Circuit Technology, the OKI Group’s printed circuit board (PCB) business company, has developed rigid-flex PCBs with embedded copper coins that offer improved heat dissipation for use in rockets and satellite-mounted equipment operating in vacuum environments.
North American PCB Industry Sales Down 8.6% in June 2025
07/28/2025 | Global Electronics AssociationThe Global Electronics Association announced the June 2025 findings from its North American Printed Circuit Board (PCB) Statistical Program. The book-to-bill ratio stands at 1.06.
Flexible Circuit Technologies Welcomes Regional Business Development Manager Derek Rossberg
07/15/2025 | Flexible Circuit TechnologiesFlexible Circuit Technologies a Minnesota-based flexible circuit and advanced electronics contract manufacturer, welcomes Derek Rossberg as Regional Business Development Manager.
Flexible Printed Circuit Board Market to Reach US$40.447 Billion by 2030
07/10/2025 | Globe NewswireThe flexible printed circuit board market will grow at a CAGR of 8.28% to be valued at US$40.447 billion in 2030 from US$27.17 billion in 2025.
Taiwan PCB Industry Adopts Cautious CapEx Strategy, Eyes AI and Southeast Asia for Growth
07/10/2025 | TPCADriven by the stabilization of the global electronics market and the strong demand for AI applications, although the Taiwan printed circuit (PCB) industry is facing a trend of capital expenditure convergence for three consecutive years, its output value and operating performance continue to rise, indicating that the industry is shifting from high investment to high added value development, and the industrial structure is undergoing a steady transformation.