{"schema_version":"secwatch.filing_event.v1","accession":"0000866374-26-000009","form_type":"8-K","ticker":"FLEX","cik":"0000866374","company_name":"FLEX LTD.","filed_at":"2026-05-05T23:59:59+00:00","discovered_at":"2026-05-14T18:02:33.836311+00:00","generated_at":"2026-05-14T23:41:40.695300+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Flex reports Q4 adj EPS $0.93, rev $7.5B; to spin off cloud & power unit by Q1 2027","bullets":["Q4 net sales $7.5B (+17% YoY); FY net sales $27.9B (+8% YoY).","Q4 GAAP EPS $0.67, adjusted EPS $0.93; FY GAAP EPS $2.33, adjusted EPS $3.30.","Spin-off of cloud/power infrastructure into new public company (SpinCo), tax-free, target close Q1 calendar 2027.","Revathi Advaithi becomes CEO of SpinCo; Michael Hartung named CEO of remaining Flex.","SpinCo targets 65-75% revenue growth in FY2027, accelerating to 80%+ in FY2028."],"urls":{"canonical":"https://secwatch.observer/filing/0000866374-26-000009","json":"https://secwatch.observer/filing/0000866374-26-000009.json","markdown":"https://secwatch.observer/filing/0000866374-26-000009.md","text":"https://secwatch.observer/filing/0000866374-26-000009.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/866374/000086637426000009/0000866374-26-000009-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/866374/000086637426000009/flex-20260505.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-14T23:41:40.695300+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"6d9aef6dd178512eb919f0d4778bfdd7aa49623b","claim":"FLEX LTD. reported the fourth quarter and fiscal year ended March 31, 2026 results: revenue net sales of $7.5 billion in the quarter, net sales of $27.9 billion in the fiscal year, net income GAAP Net Income: $250 million in the quarter, GAAP Net Income: $880 million in the fiscal year, EPS GAAP Earnings Per Share: $0.67 in the quarter, GAAP Earnings Per Share: $2.33 in the fiscal year.","evidence_excerpt":"language in such filing. --- EX-99.1 (EX-99.1) --- P R E S S R E L E A S E EXHIBIT 99.1 FLEX REPORTS FOURTH QUARTER AND FISCAL 2026 RESULTS • Reported Q4 net sales of $7.5 billion, and full-year net sales of $27.9 billion, up 17% and 8%, respectively, versus the prior year. • Delivered Q4 GAAP operating margin of 5.0%, and adjusted operating margin of","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/866374/000086637426000009/0000866374-26-000009-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fourth quarter and fiscal year ended March 31, 2026"},{"label":"Revenue","value":"net sales of $7.5 billion in the quarter, net sales of $27.9 billion in the fiscal year"},{"label":"Net income","value":"GAAP Net Income: $250 million in the quarter, GAAP Net Income: $880 million in the fiscal year"},{"label":"EPS","value":"GAAP Earnings Per Share: $0.67 in the quarter, GAAP Earnings Per Share: $2.33 in the fiscal year"},{"label":"Result","value":"reported results"}]}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}