Flex Ltd. reports developments around its advanced manufacturing, supply chain, product design and lifecycle services for technology and industrial customers. Company news commonly covers operating results, margin trends, capital allocation, portfolio optimization and customer programs across end markets such as communications, cloud and enterprise infrastructure, consumer devices, automotive, health solutions and industrial products.
Recent company updates also cover Flex's Critical Power and data-center infrastructure capabilities, including power control, protection, cooling and scalable IT infrastructure used in utility, power generation and AI data-center applications. News may include completed acquisitions such as Electrical Power Products, expanded manufacturing partnerships, automation deployments, material agreements and governance changes tied to Flex's global manufacturing footprint.
Nextracker (Nasdaq: NXT) has launched NX PowerMerge™, an innovative DC power trunk connector designed to enhance electrical balance of systems (eBOS) for ground-mount solar power plants. This marks the company's first eBOS product launch since acquiring Bentek.
The NX PowerMerge features 400A+ ampacity, supports up to eight tap wires, and is compatible with trunk conductors up to 1000 kcmil. Key advantages include field-flexible installation, fewer connection points, simplified inverter block layouts, and maintenance-free operation. The product will be available with deliveries starting in spring 2026, including a U.S. manufacturing option.
Flex (NASDAQ: FLEX) announced its participation in two upcoming investor conferences in September 2025. The company will attend the J.P. Morgan Rising Tech Leaders Forum on September 4 for meetings only, and present at the Goldman Sachs 2025 Communacopia + Technology Conference on September 9 at 1:05 PM PT.
The Goldman Sachs conference presentation will be available via live webcast on Flex's investor relations website, with an archived replay accessible afterward. The company has also published a general investor presentation on their IR website.
Flex (NYSE:FLEX) reported that its facility in Mukachevo, Ukraine was damaged by a missile strike on August 21, 2025. The facility, which produces consumer and lifestyle products and has no military connections, represents about 1% of Flex's total revenue.
Several employees and contractors were injured and hospitalized, with Flex providing full support to affected individuals and their families. The company has activated its Business Continuity Plan and is working with U.S. Government officials while assessing the facility damage.
Nextracker (Nasdaq: NXT), a solar technology platform provider, has released its fiscal year 2025 Sustainability Report, marking its second annual ESG disclosure. The report aligns with SASB standards and GRI framework, while including TCFD index for climate risk transparency.
Key achievements include the introduction of NX Foundation Solutions and NX Horizon low carbon tracker systems, which reduce tracker-related carbon emissions by up to 35%. The company obtained ISO certifications in multiple regions and committed to Science-Based Targets initiative. Nextracker also launched the CAL-NEXT Center for Solar Energy Research with UC Berkeley and achieved a Total Recordable Incident Rate of 0.61.
Nextracker (Nasdaq: NXT) has secured a significant contract with Casa dos Ventos to supply 1.5 GW of solar tracking systems for four utility-scale projects in Brazil. The deal includes the company's NX Horizon-XTR all-terrain solar tracker and NX Horizon solar tracker systems.
The projects include Babilônia Sul (117 MW), Babilônia Centro (226 MW), Seriemas (540 MW), and Rio Brilhante (680 MW). Three of the four projects will utilize NX Horizon-XTR systems, specifically designed for challenging terrains. All installations will feature Nextracker's TrueCapture yield management system for optimized energy generation.
This marks Casa dos Ventos's first major solar deployment, representing a strategic shift toward hybrid solar-wind power plants to optimize grid connections in Brazil's constrained transmission landscape.
Flex (NASDAQ: FLEX) has unveiled a new power shelf system designed for the NVIDIA GB300 NVL72 platform at OCP APAC. The system delivers up to 33 kW per shelf with 97.5% peak efficiency at half-load, reducing power conversion losses by over 60% compared to conventional systems.
The power shelf features six power supply units in a 3+3 redundant configuration and is specifically designed to support NVIDIA's 72 Blackwell Ultra GPUs platform. Notably, the system is preparing for the transition to 800 VDC data center power infrastructure, enabling future megawatt-scale racks and aligning with NVIDIA's upcoming Kyber rack-scale systems.
Nextracker (NASDAQ: NXT), the leading solar technology platform provider, reported strong Q1 FY26 financial results with revenue reaching $864 million, up 20% year-over-year. The company achieved notable metrics including GAAP net income of $157 million and adjusted EBITDA of $215 million, up 23% YoY.
The company maintains its #1 global market share for the 10th consecutive year and announced strategic acquisitions in advanced robotics and AI technologies. Nextracker raised its FY26 outlook, projecting revenue of $3.2-3.45 billion and adjusted EBITDA of $750-810 million. The company reported strong adoption of its NX Horizon products and a robust backlog exceeding $4.75 billion, with $743 million cash position and zero debt.
Nextracker (Nasdaq: NXT) has launched a new AI and robotics business initiative, marked by strategic acquisitions and key leadership appointment. The company has invested over $40 million in three AI and robotics technologies over the past four quarters. Dr. Francesco Borrelli joins as the first Chief AI and Robotics Officer to lead the company's global AI strategy.
The acquisitions include OnSight Technology (robotic inspection and fire detection systems), SenseHawk IP (AI-enabled drone mapping), and Amir Robotics (water-free robotic cleaning technology). These technologies will enhance Nextracker's digital platform across its approximately 100 GW of operating systems in 40 countries, improving solar power plant deployment, quality, reliability, and ROI for asset owners.
Flex (NASDAQ: FLEX) reported strong first quarter fiscal 2026 results, with net sales reaching $6.6 billion. The company achieved GAAP net income of $192 million and adjusted net income of $274 million, resulting in GAAP EPS of $0.50 and adjusted EPS of $0.72.
For Q2 FY2026, Flex projects revenue between $6.5-6.8 billion and adjusted EPS of $0.70-0.78. The company also raised its FY2026 guidance, expecting revenue of $25.9-27.1 billion and adjusted EPS of $2.86-3.06.
CEO Revathi Advaithi highlighted the company's success in high-growth markets like data center and power, emphasizing Flex's transformation through strategic acquisitions and regionalized operations.
Nextracker (NASDAQ: NXT), a solar tracking solutions provider, has scheduled its first quarter fiscal 2026 earnings release for July 29, 2025, after market close. The company will host a conference call to discuss the results at 2:00 PM Pacific Time (5:00 PM Eastern Time) on the same day.
Investors can access the live webcast through the company's investor relations website at investors.nextracker.com. Supporting materials and a webcast replay will be available on the website following the event.