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Dec 31, 2024

Flex Q3 2025 Earnings Report

Flex reported strong Q3 fiscal year 2025 results, delivering record adjusted operating margin and EPS.

Key Takeaways

Flex announced strong Q3 fiscal 2025 results with net sales of $6.6 billion and GAAP EPS of $0.67. The company's consistent margin expansion is attributed to improving mix and efficiency across all business units.

Net sales reached $6.6 billion.

GAAP operating income was $334 million.

GAAP net income attributable to Flex Ltd was $263 million.

GAAP earnings per share was $0.67.

Total Revenue
$6.56B
Previous year: $7.1B
-7.7%
EPS
$0.77
Previous year: $0.71
+8.5%
Gross Profit
$594M
Previous year: $642M
-7.5%
Cash and Equivalents
$2.31B
Previous year: $2.76B
-16.3%
Free Cash Flow
$109M
Previous year: $103M
+6.5%
Total Assets
$18.3B
Previous year: $20.4B
-10.3%

Flex

Flex

Forward Guidance

Flex provided guidance for Q4 fiscal year 2025, including revenue between $6.0 billion and $6.4 billion, and adjusted EPS between $0.65 and $0.73.

Positive Outlook

  • Revenue: $6.0 billion to $6.4 billion
  • GAAP Operating Income: $286 million to $326 million
  • Adjusted Operating Income: $360 million to $400 million
  • GAAP EPS: $0.48 to $0.56
  • Adjusted EPS: $0.65 to $0.73

Challenges Ahead

  • Excludes $0.08 for stock-based compensation expense
  • Excludes $0.05 for restructuring charges
  • Excludes $0.04 for intangible amortization
  • Revenue: $25.4 billion to $25.8 billion
  • GAAP EPS: $2.02 to $2.10