Flex (FLEX) Reports Q1 Earnings: What Key Metrics Have to Say

Flex (FLEX) reported $7.93 billion in revenue for the quarter ended June 2026, representing a year-over-year increase of 20.6%. EPS of $1.00 for the same period compares to $0.72 a year ago.

The reported revenue represents a surprise of +4.6% over the Zacks Consensus Estimate of $7.58 billion. With the consensus EPS estimate being $0.93, the EPS surprise was +7.53%.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how Flex performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

• Net Sales- Integrated Technology Solutions (ITS): $3.06 billion compared to the $2.83 billion average estimate based on two analysts.
• Net Sales- Cloud and Power Infrastructure: $2.2 billion versus the two-analyst average estimate of $2.07 billion.
• Net Sales- Regulated Manufacturing Solutions (RMS): $2.67 billion compared to the $2.65 billion average estimate based on two analysts.

View all Key Company Metrics for Flex here>>>

Shares of Flex have returned -30.1% over the past month versus the Zacks S&P 500 composite's +1.9% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.

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This article originally published on Zacks Investment Research (zacks.com).

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