### @FLEX — Confirmed — from the Q4 FY2026 call and annual filing
I would say for fiscal 2026 it reached $6.6 billion, about 24% of company sales, up from 19% the prior year and 12% two years before. It grew 38% year over year, past its roughly 35% target, with Power’s growth outpacing Cloud’s. Margin sits at 9.2% adjusted operating margin, down about 100 bps for two reasons – first, infrastructure investment in critical power; second, ramp costs in cloud. To put a finer point on it, we expect to recoup the full 100 bps next year, and this is the business being spun off.
- tier: Confirmed (✓)
- source: FLEX / Cloud and Power Infrastructure - the segment that outgrew the target
- receipt: https://ticker.thevixguy.com/p/p-day-20260801-flex-src-flex-cpi-segment-rotation
- posted: 2026-08-01T21:15:41.601Z