Flex(US:FLEX) Prnewswireยท2025-05-07 12:05Core Insights - Flex reported strong financial results for the fourth quarter and fiscal year 2025, achieving record adjusted operating margins and marking the fifth consecutive year of double-digit adjusted EPS growth [5][8]. Financial Performance - Fourth Quarter Results: - Net Sales: $6.4 billion, up from $6.2 billion in Q4 2024 - GAAP Operating Income: $305 million, compared to $159 million in Q4 2024 - Adjusted Operating Income: $396 million, up from $333 million in Q4 2024 - GAAP Net Income: $222 million, down from $395 million in Q4 2024 - Adjusted Net Income: $285 million, compared to $244 million in Q4 2024 - GAAP EPS: $0.57, down from $0.93 in Q4 2024 - Adjusted EPS: $0.73, up from $0.57 in Q4 2024 [8][13][17]. - Fiscal Year Results: - Net Sales: $25.8 billion, down from $26.4 billion in FY 2024 - GAAP Operating Income: $1,169 million, compared to $853 million in FY 2024 - Adjusted Operating Income: $1,459 million, up from $1,267 million in FY 2024 - GAAP Net Income: $838 million, down from $1,006 million in FY 2024 - Adjusted Net Income: $1,055 million, compared to $947 million in FY 2024 - GAAP EPS: $2.11, up from $1.98 in FY 2024 - Adjusted EPS: $2.65, up from $2.15 in FY 2024 [8][14][17]. Guidance - For the first quarter of fiscal year 2026, Flex expects revenue between $6.0 billion and $6.5 billion, with GAAP EPS projected between $0.46 and $0.54 and adjusted EPS between $0.58 and $0.66 [9]. - For the full fiscal year 2026, revenue is anticipated to be between $25.0 billion and $26.8 billion, with GAAP EPS projected between $2.35 and $2.55 and adjusted EPS between $2.81 and $3.01 [9]. Operational Highlights - The company continues to see strong demand from data center customers and is shifting its portfolio towards more profitable business segments [5]. - Flex operates in 30 countries, providing technology innovation, supply chain, and manufacturing solutions across diverse industries [7].