Hidden Manufacturing Powerhouse, Market Cap Surges Over 12 Trillion Won Following Earnings Surprise

Shares of FLEX Ltd (NASDAQ: FLEX) jumped 17.38% on the Nasdaq on April 4, closing at $107.80 (approximately ₩159,000). Its market capitalization rose to about $39.6 billion (roughly ₩58 trillion), adding nearly $8.3 billion (around ₩12 trillion) in a single day.

On April 5, the company confirmed record-high profitability in its fourth quarter of fiscal 2026, reporting revenue of $7.5 billion—up 17% year over year—earnings per share (EPS) of $0.67 and adjusted EPS of $0.93. It also provided guidance for fiscal 2027, forecasting up to $33.8 billion in revenue and adjusted EPS of up to $4.51. By announcing the planned spin-off of its cloud and power infrastructure business and the recent acquisition of power-equipment supplier EP², FLEX further reinforced its growth story and added momentum to its share price.

Legally headquartered in Singapore and operating from Austin, Texas, FLEX Ltd is a global electronics contract manufacturing and design company and the world’s third-largest EMS/ODM provider. It offers integrated solutions—from product design to supply-chain management, manufacturing and logistics—to customers in data center, power, automotive and healthcare markets, with production facilities across the Americas, Europe and Asia.