secwatch.observer — SEC 8-K summary
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Issuer:     FLEX LTD. (FLEX)
CIK:        0000866374
Form:       8-K
Filed at:   2026-05-05T23:59:59+00:00
Accession:  0000866374-26-000009
Event type: m_and_a
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Flex reports Q4 adj EPS $0.93, rev $7.5B; to spin off cloud & power unit by Q1 2027
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/866374/000086637426000009/0000866374-26-000009-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/866374/000086637426000009/flex-20260505.htm
  HTML page:      https://secwatch.observer/filing/0000866374-26-000009

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer