Jabil Inc (JBL)

Jabil Expands Manufacturing Capacity in IndiaJune 18, 2026 10:30 PM
Business Wire Factory expansion reinforces company’s commitment to India, coinciding with recent Memorandum of Understanding (MoU) signing with Maharashtra government Jabil Inc. (NYSE: JBL), a global leader in engineering, supply chain, and manufacturing solutions, today announced the opening of a new factory in Pune, marking a significant expansion of the company’s India manufacturing capacity. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260618400989/en/Jabil's new facility in Pune, India, was inaugurated on 16 June 2026, with honored guests including (left to right) Shri Dilip Walse Patil, Executive Vice President and Chief Operations Officer Andrew Priestley, The Honourable Chief Minister of Maharashtra, Shri Devendra Fadnavis Ji, Honorable Minister for Railways, Information & Broadcasting, and Electronics & Information Technology, Shri Ashwini Vaishnaw Ji, and Shri Dnyaneshwar Katke. Located in the Maharashtra Industrial Development Corporation (MIDC) industrial zone, this facility is the latest addition to Jabil’s India footprint, which has grown from 500,000 square feet to 1.2 million square feet over the past year. This ongoing growth has also increased Jabil’s regional headcount from 5,000 to almost 11,000 employees. “Expanding in Pune reflects Jabil’s long-term commitment to India, especially as the country grows its position as a global manufacturing leader,” said Andy Priestley, Jabil’s Executive Vice President of Operations. “This new facility will help us bring together more skilled manufacturing talent and engineering capability to build the highest quality products with speed at scale. As we continue developing our people here in Pune, we’re strengthening Jabil’s ability to execute consistently in India.” The expansion reflects Jabil’s confidence in Maharashtra as a strategic location for advanced manufacturing and comes on the heels of a MoU signing with the state government. “Maharashtra continues to be a preferred destination for global manufacturers because of our skilled workforce, and commitment to enabling investment and growth,” said Devendra Fadnavis, Chief Minister of Maharashtra. “Jabil’s expansion in Pune is a welcome addition to the state’s manufacturing landscape and an encouraging example of how world-class companies are contributing to India’s industrial progress, job creation, and long-term economic development.” “As the Make in India initiative continues to evolve, we remain committed to building a robust ecosystem that enables companies like Jabil to innovate, scale, and thrive in India,” said Ashwini Vaishnaw, Minister of Railways, Information and Broadcasting, and Electronics and Information Technology. In India, Jabil serves a wide range of industries, such as telecommunications, AI cloud data centres, automotive, and digital commerce. In 2025, Jabil was recognized with the Great Place To Work Certification in India; selected as one of India’s top 100 mid-sized companies to work for; and named as India’s Best Workplaces™ in Electronics 2025. To learn about and apply for open positions at Jabil’s new Pune facility, visit jabil.com/careers. About Jabil At Jabil (NYSE: JBL), we are proud to be a trusted partner for the world's top brands, offering comprehensive engineering, supply chain, and manufacturing solutions. With 60 years of experience across industries and a vast network of over 100 sites worldwide, Jabil combines global reach with local expertise to deliver both scalable and customized solutions. Our commitment extends beyond business success as we strive to build sustainable processes that minimize environmental impact and foster vibrant and diverse communities around the globe. Discover more at www.jabil.com. View source version on businesswire.com: https://www.businesswire.com/news/home/20260618400989/en/ Investor Contact
Adam Berry
Senior Vice President, Investor Relations and Corporate Affairs
adam_berry@jabil.com Media Contact
Aileen Han
Director, Enterprise Marketing and Communications
publicrelations@jabil.com Original: Jabil Expands Manufacturing Capacity in India

Jabil Tops Forecasts on AI Demand and Strong Guidance, but Shares SlipJune 17, 2026 9:05 AM
IH Market News Jabil Inc. (NYSE:JBL) delivered third-quarter fiscal 2026 results ahead of Wall Street expectations, driven by continued strength in artificial intelligence infrastructure and improving performance across several end markets. Despite the earnings beat, shares fell 2.5% following the announcement. The electronics manufacturing services company reported adjusted earnings of $3.16 per share, exceeding analyst forecasts of $3.08. Revenue rose 12% year over year to $8.8 billion, topping consensus estimates of $8.55 billion and increasing from $7.83 billion in the corresponding period last year. AI Infrastructure Continues to Fuel Growth Management credited the quarter’s performance to sustained demand linked to AI infrastructure projects, alongside stronger-than-anticipated results from business segments that had previously faced challenges. Automotive and Connected Living operations both contributed positively during the period, helping offset broader industry headwinds. “Jabil delivered a very strong third quarter, with results ahead of our expectations across revenue, core operating margin, core EPS, and free cash flow,” said CEO Mike Dastoor. “AI infrastructure demand remains extremely strong, and our full-year AI-related revenue outlook is now meaningfully higher.” Fourth-Quarter Outlook Remains Strong Looking ahead, Jabil forecast adjusted earnings per share of between $3.80 and $4.20 for the fourth quarter of fiscal 2026. The midpoint of $4.00 compares favorably with the prior quarter’s result and reflects management’s confidence in continued business momentum. Revenue for the fourth quarter is expected to range between $9.2 billion and $10.0 billion. Full-Year Guidance Raised Above Consensus The company also issued an upbeat outlook for the full fiscal year. Jabil now expects adjusted earnings per share of $12.70 for fiscal 2026, above the analyst consensus estimate of $12.38. Revenue is projected to reach $35 billion, exceeding market expectations of $34.24 billion. Management also forecast a core operating margin of 5.8% and adjusted free cash flow of more than $1.4 billion. “Our diversified model continues to work, allowing us to support strong growth while also driving higher margins and strong free cash flow,” Dastoor added. Profitability Improves on a GAAP Basis On a GAAP basis, net income for the third quarter increased to $275 million, or $2.59 per diluted share. That compares with net income of $222 million, or $2.03 per diluted share, reported during the same period a year earlier. The improvement reflects stronger operational performance as well as continued demand across several of the company’s key growth markets. Market Focus Turns to Execution Although the quarterly results and forward guidance exceeded expectations, investors appeared to take profits following the stock’s recent performance, sending shares lower after the release. Nevertheless, the latest results reinforce Jabil’s position as a major beneficiary of ongoing investment in AI infrastructure while highlighting the resilience of its diversified manufacturing and technology services platform. Jabil Inc stock priceThe post Jabil Tops Forecasts on AI Demand and Strong Guidance, but Shares Slip appeared first on US Editors. Original: Jabil Tops Forecasts on AI Demand and Strong Guidance, but Shares Slip

Jabil Posts Third Quarter ResultsJune 17, 2026 7:30 AM
Business Wire Raises Fiscal 2026 Outlook Today, Jabil Inc. (NYSE: JBL), reported preliminary, unaudited financial results for its third quarter of fiscal year 2026. Third Quarter of Fiscal Year 2026 Highlights: Net revenue: $8.8 billion U.S. GAAP operating income: $445 million U.S. GAAP diluted earnings per share: $2.59 Core operating income (Non-GAAP): $504 million Core diluted earnings per share (Non-GAAP): $3.16 “Jabil delivered a very strong third quarter, with results ahead of our expectations across revenue, core operating margin, core EPS, and free cash flow,” said CEO Mike Dastoor. “AI infrastructure demand remains extremely strong, and our full-year AI-related revenue outlook is now meaningfully higher. At the same time, we continued to see better-than-expected performance in areas of the portfolio that had previously been under pressure, particularly in Automotive and Connected Living.” “Our diversified model continues to work, allowing us to support strong growth while also driving higher margins and strong free cash flow,” Dastoor added. “We are raising our fiscal 2026 outlook for revenue, core operating margins, core EPS and free cash flow, and we feel very good about the setup for fiscal 2027. We remain focused on profitable growth, capital efficiency, and delivering long-term value for our shareholders.” Fourth Quarter of Fiscal Year 2026 Outlook: • Net revenue   $9.2 billion to $10.0 billion   • U.S. GAAP operating income   $526 million to $586 million   • U.S. GAAP diluted earnings per share   $3.24 to $3.64 per diluted share   • Core operating income (Non-GAAP)(1)   $589 million to $649 million   • Core diluted earnings per share (Non-GAAP)(1)   $3.80 to $4.20 per diluted share   ____________________ (1) Core operating income and core diluted earnings per share exclude anticipated adjustments of $24 million for amortization of intangibles (or $0.20 per diluted share) and $25 million for stock-based compensation expense and related charges (or $0.23 per diluted share) and $14 million (or $0.13 per diluted share) for restructuring, severance and related charges. Fiscal Year 2026 Outlook: • Net revenue   $35 billion • Core operating margin (Non-GAAP)   5.8% • Core diluted earnings per share (Non-GAAP)   $12.70 per diluted share • Adjusted free cash flow (Non-GAAP)   $1.4+ billion (Definitions: “U.S. GAAP” means U.S. generally accepted accounting principles. Jabil defines core operating income as U.S. GAAP operating income less amortization of intangibles, stock-based compensation expense and related charges, restructuring, severance and related charges, distressed customer charges, loss on disposal of subsidiaries, settlement of receivables and related charges, impairment of notes receivable and related charges, goodwill impairment charges, business interruption and impairment charges, net, (gain) loss from the divestiture of businesses, acquisition and divestiture related charges, plus other components of net periodic benefit cost. Jabil defines core earnings as core operating income, less loss on debt extinguishment, loss (gain) on securities, other components of net periodic benefit cost, income (loss) from discontinued operations, gain (loss) on sale of discontinued operations and certain other expenses, net of tax and certain deferred tax valuation allowance charges. Jabil defines core diluted earnings per share as core earnings divided by the weighted average number of outstanding diluted shares as determined under U.S. GAAP. Jabil defines adjusted free cash flow as net cash provided by (used in) operating activities less net capital expenditures (acquisition of property, plant and equipment less proceeds and advances from sale of property, plant and equipment). Jabil reports core operating income, core earnings, core diluted earnings per share and adjusted free cash flow to provide investors an additional method for assessing operating income, earnings, diluted earnings per share and free cash flow from what it believes are its core manufacturing operations. See the accompanying reconciliation of Jabil’s core operating income to its U.S. GAAP operating income, its calculation of core earnings and core diluted earnings per share to its U.S. GAAP net income and U.S. GAAP earnings per share and additional information in the supplemental information.) Forward Looking Statements: This release contains forward-looking statements, including those regarding our anticipated financial results for our third quarter of fiscal year 2026 and our guidance for future financial performance in our fourth quarter of fiscal year 2026 (including, net revenue, U.S. GAAP operating income, U.S. GAAP diluted earnings per share, core operating income (Non-GAAP), core diluted earnings per share (Non-GAAP) results and the components thereof, including but not limited to amortization of intangibles, stock-based compensation expense and related charges and restructuring, severance and related charges); our full year 2026 (including net revenue, core operating margin (Non-GAAP), core diluted earnings per share (Non-GAAP), the components thereof and adjusted free cash flow (Non-GAAP)); our outlook for AI related revenue and our expectations for fiscal year 2027. The statements in this release are based on current expectations, forecasts and assumptions involving risks and uncertainties that could cause actual outcomes and results to differ materially from our current expectations. Such factors include, but are not limited to: our determination as we finalize our financial results for our third quarter of fiscal year 2026 that our financial results and conditions differ from our current preliminary unaudited numbers set forth herein; scheduling production, managing growth and capital expenditures and maximizing the efficiency of our manufacturing capacity effectively; managing rapid declines or increases in customer demand and other related customer challenges that may occur; our dependence on a limited number of customers; our ability to purchase components efficiently and reliance on a limited number of suppliers for critical components; risks arising from relationships with emerging companies; changes in technology and competition in our industry; our ability to introduce new business models or programs requiring implementation of new competencies; competition; transportation issues; our ability to maintain our engineering, technological and manufacturing expertise; retaining key personnel; risks associated with international sales and operations, including geopolitical uncertainties; energy price increases or shortages; our ability to achieve expected profitability from acquisitions; risk arising from our restructuring activities; issues involving our information systems, including security issues; regulatory risks (including the expense of complying, or failing to comply, with applicable regulations; risk arising from design or manufacturing defects; risk arising from compliance, or failure to comply, with environmental, health and safety laws or regulations; risk arising from litigation; and intellectual property risk); financial risks (including customers or suppliers who become financially troubled; turmoil in financial markets; tax risks; credit rating risks; risks of exposure to debt; currency fluctuations; and asset impairment); changes in financial accounting standards or policies; risk of natural disaster, climate change or other global events; and risks arising from expectations relating to environmental, social and governance considerations. Additional factors that could cause such differences can be found in our Annual Report on Form 10-K for the fiscal year ended August 31, 2025 and our other filings with the Securities and Exchange Commission. We assume no obligation to update these forward-looking statements. Supplemental Information Regarding Non-GAAP Financial Measures: Jabil provides supplemental, non-GAAP financial measures in this release to facilitate evaluation of Jabil’s core operating performance. These non-GAAP measures exclude certain amounts that are included in the most directly comparable U.S. GAAP measures, do not have standard meanings and may vary from the non-GAAP financial measures used by other companies. Management believes these “core” financial measures are useful measures that facilitate evaluation of the past and future performance of Jabil’s ongoing operations on a comparable basis. Jabil reports core operating income, core earnings, core diluted earnings per share and adjusted free cash flows to provide investors an additional method for assessing operating income, earnings, earnings per share and free cash flow from what it believes are its core manufacturing operations. Among other uses, management uses non-GAAP financial measures to make operating decisions, assess business performance and as a factor in determining certain employee performance when determining incentive compensation. The Company determines an annual normalized tax rate (“normalized core tax rate”) for the computation of the non-GAAP (core) income tax provision to provide better consistency across reporting periods. In estimating the normalized core tax rate annually, the Company utilizes a full-year financial projection of core earnings that considers the mix of earnings across tax jurisdictions, existing tax positions, and other significant tax matters. The Company may adjust the normalized core tax rate during the year for material impacts from new tax legislation or material changes to the Company’s operations. Detailed definitions of certain of the core financial measures are included above under “Definitions” and a reconciliation of the disclosed core financial measures to the most directly comparable U.S. GAAP financial measures is included under the heading “Supplemental Data” at the end of this release. Meeting and Replay Information: Jabil will hold a conference call today at 8:30 a.m. ET to discuss its earnings for the third quarter of fiscal year 2026. To access the live audio webcast and view the accompanying slide presentation, visit the Investor Relations section of Jabil’s website, located at https://investors.jabil.com. An archived replay of the webcast will also be available after completion of the call. About Jabil: At Jabil (NYSE: JBL), we are proud to be a trusted partner for the world’s top brands, offering comprehensive engineering, supply chain, and manufacturing solutions. With 60 years of experience across industries and a vast network of over 100 sites worldwide, Jabil combines global reach with local expertise to deliver both scalable and customized solutions. Our commitment extends beyond business success as we strive to build sustainable processes that minimize environmental impact and foster vibrant and diverse communities around the globe. Discover more at www.jabil.com. JABIL INC. AND SUBSIDIARIES CONDENSED CONSOLIDATED BALANCE SHEETS (in millions)     May 31, 2026       (unaudited)   August 31, 2025 ASSETS       Current assets:       Cash and cash equivalents $ 1,360     $ 1,933   Accounts receivable, net   5,473       4,039   Contract assets   1,467       1,057   Inventories, net   5,933       4,681   Prepaid expenses and other current assets   3,925       2,010   Total current assets   18,158       13,720   Property, plant and equipment, net   2,899       2,847   Operating lease right-of-use assets   487       462   Goodwill and intangible assets, net   1,855       1,114   Deferred income taxes   156       141   Other assets   264       259   Total assets $ 23,819     $ 18,543   LIABILITIES AND EQUITY       Current liabilities:       Current installments of notes payable and long-term debt $ 499     $ 499   Accounts payable   11,908       7,937   Accrued expenses   6,006       5,185   Current operating lease liabilities   98       93   Total current liabilities   18,511       13,714   Notes payable and long-term debt, less current installments   2,879       2,386   Other liabilities   393       345   Non-current operating lease liabilities   416       388   Income tax liabilities   159       113   Deferred income taxes   134       80   Total liabilities   22,492       17,026   Commitments and contingencies       Equity:       Jabil Inc. stockholders’ equity:       Preferred stock   —       —   Common stock   —       —   Additional paid-in capital   3,192       3,047   Retained earnings   7,000       6,382   Accumulated other comprehensive loss   (20 )     (17 ) Treasury stock, at cost   (8,849 )     (7,899 ) Total Jabil Inc. stockholders’ equity   1,323       1,513   Noncontrolling interests   4       4   Total equity   1,327       1,517   Total liabilities and equity $ 23,819     $ 18,543   JABIL INC. AND SUBSIDIARIES CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (in millions, except for per share data) (Unaudited)       Three months ended   Nine months ended     May 31, 2026   May 31, 2025   May 31, 2026   May 31, 2025 Net revenue   $ 8,751   $ 7,828     $ 25,338     $ 21,550   Cost of revenue     7,923     7,147       23,022       19,687   Gross profit     828     681       2,316       1,863   Operating expenses:                 Selling, general and administrative     340     274       1,013       835   Research and development     9     7       23       22   Amortization of intangibles     23     17       65       45   Restructuring, severance and related charges     7     16       88       144   Loss (gain) from the divestiture of businesses     1     (45 )     1       (45 ) Acquisition and divestiture related charges     3     9       24       17   Operating income     445     403       1,102       845   Loss on securities     —     46       —       46   Interest and other, net     79     67       216       186   Income before income tax     366     290       886       613   Income tax expense     91     68       243       174   Net income     275     222       643       439   Net loss attributable to noncontrolling interests, net of tax     —     —       (1 )     —   Net income attributable to Jabil Inc.   $ 275   $ 222     $ 644     $ 439   Earnings per share attributable to the stockholders of Jabil Inc.:                 Basic   $ 2.61   $ 2.05     $ 6.07     $ 3.98   Diluted   $ 2.59   $ 2.03     $ 6.01     $ 3.94   Weighted average shares outstanding:                 Basic     105.3     108.0       106.1       110.2   Diluted     106.5     109.3       107.2       111.5   JABIL INC. AND SUBSIDIARIES CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (in millions) (Unaudited)     Nine months ended   May 31, 2026   May 31, 2025 Cash flows provided by operating activities:       Net income $ 643     $ 439   Depreciation, amortization, and other, net   645       622   Loss (gain) from the divestiture of businesses   1       (45 ) Change in operating assets and liabilities, exclusive of net assets acquired   (20 )     36   Net cash provided by operating activities   1,269       1,052   Cash flows used in investing activities:       Acquisition of property, plant and equipment   (382 )     (299 ) Proceeds and advances from sale of property, plant and equipment   104       60   Cash paid for business and intangible asset acquisitions, net of cash   (852 )     (393 ) Proceeds from the divestiture of businesses, net of cash   —       54   Other, net   (16 )     —   Net cash used in investing activities   (1,146 )     (578 ) Cash flows used in financing activities:       Borrowings under debt agreements   2,144       1,604   Payments toward debt agreements   (1,884 )     (1,720 ) Payments to acquire treasury stock   (891 )     (975 ) Dividends paid to stockholders   (27 )     (28 ) Net proceeds from exercise of stock options and issuance of common stock under employee stock purchase plan   39       33   Treasury stock minimum tax withholding related to vesting of restricted stock   (66 )     (41 ) Other, net   (16 )     (38 ) Net cash used in financing activities   (701 )     (1,165 ) Effect of exchange rate changes on cash and cash equivalents   5       13   Net decrease in cash and cash equivalents   (573 )     (678 ) Cash and cash equivalents at beginning of period   1,933       2,201   Cash and cash equivalents at end of period $ 1,360     $ 1,523   JABIL INC. AND SUBSIDIARIES SUPPLEMENTAL DATA RECONCILIATION OF U.S. GAAP FINANCIAL RESULTS TO NON-GAAP MEASURES (in millions, except for per share data) (Unaudited)     Three months ended   Nine months ended   May 31, 2026   May 31, 2025   May 31, 2026   May 31, 2025 Operating income (U.S. GAAP) $ 445   $ 403     $ 1,102     $ 845   Amortization of intangibles   23     17       65       45   Stock-based compensation expense and related charges   25     19       115       84   Restructuring, severance and related charges(1)   7     16       88       144   Net periodic benefit (credit) cost   —     —       (1 )     1   Business interruption and impairment charges, net(2)   —     1       —       10   Loss (gain) from the divestiture of businesses(3)   1     (45 )     1       (45 ) Acquisition and divestiture related charges(4)   3     9       24       17   Adjustments to operating income   59     17       292       256   Core operating income (Non-GAAP) $ 504   $ 420     $ 1,394     $ 1,101   Net income attributable to Jabil Inc. (U.S. GAAP) $ 275   $ 222     $ 644     $ 439   Adjustments to operating income   59     17       292       256   Loss on securities(5)   —     46       —       46   Net periodic benefit credit (cost)   —     —       1       (1 ) Adjustments for taxes   2     (6 )     (4 )     (18 ) Core earnings (Non-GAAP) $ 336   $ 279     $ 933     $ 722   Diluted earnings per share (U.S. GAAP) $ 2.59   $ 2.03     $ 6.01     $ 3.94   Diluted core earnings per share (Non-GAAP) $ 3.16   $ 2.55     $ 8.70     $ 6.48   Diluted weighted average shares outstanding (U.S. GAAP and Non-GAAP)   106.5     109.3       107.2       111.5   ____________________ (1) Charges recorded during the three months and nine months ended May 31, 2026, relate to targeted restructuring activities to optimize our cost structure and improve operational efficiencies. Charges recorded during the three months and nine months ended May 31, 2025, primarily related to the 2025 Restructuring Plan. (2) Charges recorded during the nine months ended May 31, 2025, related primarily to costs associated with damage from Hurricanes Helene and Milton, which impacted our operations in St. Petersburg, Florida and Asheville and Hendersonville, North Carolina. (3) Charges recorded during the three months and nine months ended May 31, 2025, related primarily to post-closing adjustments associated with the divestiture of the Mobility Business during fiscal year 2024. (4) Charges recorded during the nine months ended May 31, 2026, include $8 million of gains on forward foreign exchange contracts in connection with the acquisition of Hanley Energy Group. (5) Charges recorded during the three months and nine months ended May 31, 2025, related to an impairment of an investment in Preferred Stock. JABIL INC. AND SUBSIDIARIES SUPPLEMENTAL DATA ADJUSTED FREE CASH FLOW (in millions) (Unaudited)     Nine months ended   May 31, 2026   May 31, 2025 Net cash provided by operating activities (U.S. GAAP) $ 1,269     $ 1,052   Acquisition of property, plant and equipment (“PP&E”)   (382 )     (299 ) Proceeds and advances from sale of PP&E   104       60   Adjusted free cash flow (Non-GAAP) $ 991     $ 813     View source version on businesswire.com: https://www.businesswire.com/news/home/20260617542464/en/ Investor Contact
Adam Berry
Senior Vice President, Investor Relations and Corporate Affairs
adam_berry@jabil.com Media Contact
Timur Aydin
Senior Director, Enterprise Marketing and Communications
publicrelations@jabil.com Original: Jabil Posts Third Quarter Results

Jabil Declares Quarterly DividendApril 23, 2026 4:15 PM
Business Wire
Jabil Inc. (NYSE: JBL) today announced that its Board of Directors declared a quarterly dividend of $0.08 per share of common stock to shareholders of record as of May 15, 2026. The dividend is payable on June 2, 2026.


Jabil has paid consecutive quarterly cash dividends on its common shares since May 15, 2006.


About Jabil:


At Jabil (NYSE: JBL), we are proud to be a trusted partner for the world's top brands, offering comprehensive engineering, supply chain, and manufacturing solutions. With 60 years of experience across industries and a vast network of over 100 sites worldwide, Jabil combines global reach with local expertise to deliver both scalable and customized solutions. Our commitment extends beyond business success as we strive to build sustainable processes that minimize environmental impact and foster vibrant and diverse communities around the globe. Discover more at www.jabil.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260423329418/en/
Investor Contact

Adam Berry

Senior Vice President, Investor Relations and Corporate Affairs

adam_berry@jabil.com


Media Contact

Timur Aydin

Senior Director, Enterprise Marketing and Communications

publicrelations@jabil.com


Original: Jabil Declares Quarterly Dividend

Jabil pledges $1.1 million to St. Petersburg College for manufacturing workforce programsMarch 23, 2026 10:55 AM
IH Market News
Jabil Inc. (NYSE:JBL) announced it will donate $1.1 million over three years to St. Petersburg College to support training programs focused on advanced manufacturing, according to a company press release.The funding is intended to broaden student access to manufacturing technology, laboratory equipment and the raw materials commonly used in production environments. It will also fund scholarships for students pursuing certifications in soldering and mechatronics while strengthening workforce readiness initiatives.Engineers and manufacturing specialists from Jabil will work with faculty at the college to help design coursework for technical roles such as soldering specialists as well as robotics and semiconductor technicians. The programs aim to prepare students for careers with manufacturers across the Tampa Bay region.“By investing in St. Petersburg College’s soldering and mechatronics programs, we’re building a pipeline of in-demand talent equipped with training and technical knowhow that can jump into key roles at manufacturers like Jabil from day one,” said John Kraus, Vice President of Operations, North America at Jabil.Jabil operates three manufacturing facilities in the Tampa Bay area along with its corporate headquarters and employs more than 3,000 people locally. Founded in 1966, the company provides engineering, supply chain and manufacturing services to customers around the world.St. Petersburg College, established in 1927, was Florida’s first two-year college and now offers more than 300 academic and workforce programs, including associate degrees, bachelor’s degrees, certificates and professional certifications.“This support strengthens our ability to deliver hands-on, career-focused education and ensures our programs stay aligned with current workforce needs,” said Belinthia Berry, Dean of Workforce Development at St. Petersburg College.Jabil Circuits stock price

Original: Jabil pledges $1.1 million to St. Petersburg College for manufacturing workforce programs

Jabil tops Q2 estimates and lifts full-year forecast on strong data center demandMarch 18, 2026 10:26 AM
IH Market News
Shares of Jabil Inc. (NYSE:JBL) rose about 1% in premarket trading on Wednesday after the electronics manufacturing services provider reported second-quarter results that exceeded analyst expectations and increased its outlook for the full fiscal year.For the second quarter of fiscal 2026, the company posted adjusted earnings of $2.69 per share, beating the consensus estimate of $2.49 by $0.20. Revenue totaled $8.3 billion, ahead of analysts’ forecasts of $7.75 billion.Jabil said the stronger results were driven by solid demand across its diversified business segments, particularly within Intelligent Infrastructure, where activity remained strong in cloud and data center infrastructure, networking and communications, and capital equipment. The company also reported better-than-expected performance in its Regulated Industries segment, with automotive and renewable energy markets showing improvement.“Jabil delivered a very strong second quarter, with results ahead of our expectations across revenue, core operating margin, and core EPS,” said CEO Mike Dastoor. “Given the strength of our second-quarter results and increasing confidence in the back half of the year, we are raising our fiscal 2026 outlook for revenue and core EPS.”Looking ahead, the company expects third-quarter fiscal 2026 adjusted earnings per share to range from $2.83 to $3.23, with a midpoint of $3.03. Revenue for the quarter is projected to come in between $8.1 billion and $8.9 billion.For the full fiscal year 2026, Jabil raised its adjusted EPS guidance to $12.25, up from a previous forecast of $11.55 and above the analyst consensus estimate of $11.64. The company also increased its revenue outlook to $34 billion from $32.4 billion, compared with the $32.6 billion estimate from analysts. Jabil expects a core operating margin of 5.7% and adjusted free cash flow of at least $1.3 billion for the fiscal year.Jabil Circuits stock price

Original: Jabil tops Q2 estimates and lifts full-year forecast on strong data center demand

Jabil Posts Second Quarter ResultsMarch 18, 2026 7:30 AM
Business Wire
Raises Fiscal 2026 Outlook


Today, Jabil Inc. (NYSE: JBL), reported preliminary, unaudited financial results for its second quarter of fiscal year 2026.


Second Quarter of Fiscal Year 2026 Highlights:



Net revenue: $8.3 billion



U.S. GAAP operating income: $374 million



U.S. GAAP diluted earnings per share: $2.08



Core operating income (Non-GAAP): $436 million



Core diluted earnings per share (Non-GAAP): $2.69



“Jabil delivered a very strong second quarter, with results ahead of our expectations across revenue, core operating margin, and core EPS,” said CEO Mike Dastoor. “Our better-than-expected performance in the quarter was broad-based, reflecting the strength of our diversified portfolio and was led by continued momentum in Intelligent Infrastructure, where demand remains robust across cloud and data center infrastructure, networking and communications, and capital equipment. We also saw encouraging improvement in Regulated Industries, with automotive and renewables performing better than we anticipated earlier in the year.”


“Given the strength of our second-quarter results and increasing confidence in the back half of the year, we are raising our fiscal 2026 outlook for revenue and core EPS. As we move ahead, we remain focused on profitable growth, disciplined execution, margin expansion, strong cash generation, and delivering long-term value for our shareholders,” he added.


Third Quarter of Fiscal Year 2026 Outlook:




• Net revenue






 






• $8.1 billion to $8.9 billion






 








• U.S. GAAP operating income






 






• $398 million to $458 million






 








• U.S. GAAP diluted earnings per share






 






• $2.36 to $2.76 per diluted share






 








• Core operating income (Non-GAAP)(1)






 






• $452 million to $512 million






 








• Core diluted earnings per share (Non-GAAP)(1)






 






• $2.83 to $3.23 per diluted share






 









 









(1)







Core operating income and core diluted earnings per share exclude anticipated adjustments of $24 million for amortization of intangibles (or $0.20 per diluted share) and $24 million for stock-based compensation expense and related charges (or $0.22 per diluted share) and $6 million (or $0.05 per diluted share) for restructuring, severance and related charges.







Fiscal Year 2026 Outlook:




• Net revenue






$34 billion








• Core operating margin (Non-GAAP)






5.7%








• Core diluted earnings per share (Non-GAAP)






$12.25 per diluted share








• Adjusted free cash flow (Non-GAAP)






$1.3+ billion







(Definitions: “U.S. GAAP” means U.S. generally accepted accounting principles. Jabil defines core operating income as U.S. GAAP operating income less amortization of intangibles, stock-based compensation expense and related charges, restructuring, severance and related charges, distressed customer charges, loss on disposal of subsidiaries, settlement of receivables and related charges, impairment of notes receivable and related charges, goodwill impairment charges, business interruption and impairment charges, net, (gain) loss from the divestiture of businesses, acquisition and divestiture related charges, plus other components of net periodic benefit cost. Jabil defines core earnings as core operating income, less loss on debt extinguishment, loss (gain) on securities, other components of net periodic benefit cost, income (loss) from discontinued operations, gain (loss) on sale of discontinued operations and certain other expenses, net of tax and certain deferred tax valuation allowance charges. Jabil defines core diluted earnings per share as core earnings divided by the weighted average number of outstanding diluted shares as determined under U.S. GAAP. Jabil defines adjusted free cash flow as net cash provided by (used in) operating activities less net capital expenditures (acquisition of property, plant and equipment less proceeds and advances from sale of property, plant and equipment). Jabil reports core operating income, core earnings, core diluted earnings per share and adjusted free cash flow to provide investors an additional method for assessing operating income, earnings, diluted earnings per share and free cash flow from what it believes are its core manufacturing operations. See the accompanying reconciliation of Jabil’s core operating income to its U.S. GAAP operating income, its calculation of core earnings and core diluted earnings per share to its U.S. GAAP net income and U.S. GAAP earnings per share and additional information in the supplemental information.)


Forward Looking Statements: This release contains forward-looking statements, including those regarding our anticipated financial results for our second quarter of fiscal year 2026 and our guidance for future financial performance in our third quarter of fiscal year 2026 (including, net revenue, U.S. GAAP operating income, U.S. GAAP diluted earnings per share, core operating income (Non-GAAP), core diluted earnings per share (Non-GAAP) results and the components thereof, including but not limited to amortization of intangibles, stock-based compensation expense and related charges and restructuring, severance and related charges); and our full year 2026 (including net revenue, core operating margin (Non-GAAP), core diluted earnings per share (Non-GAAP), the components thereof and adjusted free cash flow (Non-GAAP)). The statements in this release are based on current expectations, forecasts and assumptions involving risks and uncertainties that could cause actual outcomes and results to differ materially from our current expectations. Such factors include, but are not limited to: our determination as we finalize our financial results for our second quarter of fiscal year 2026 that our financial results and conditions differ from our current preliminary unaudited numbers set forth herein; scheduling production, managing growth and capital expenditures and maximizing the efficiency of our manufacturing capacity effectively; managing rapid declines or increases in customer demand and other related customer challenges that may occur; our dependence on a limited number of customers; our ability to purchase components efficiently and reliance on a limited number of suppliers for critical components; risks arising from relationships with emerging companies; changes in technology and competition in our industry; our ability to introduce new business models or programs requiring implementation of new competencies; competition; transportation issues; our ability to maintain our engineering, technological and manufacturing expertise; retaining key personnel; risks associated with international sales and operations, including geopolitical uncertainties; energy price increases or shortages; our ability to achieve expected profitability from acquisitions; risk arising from our restructuring activities; issues involving our information systems, including security issues; regulatory risks (including the expense of complying, or failing to comply, with applicable regulations; risk arising from design or manufacturing defects; risk arising from compliance, or failure to comply, with environmental, health and safety laws or regulations; risk arising from litigation; and intellectual property risk); financial risks (including customers or suppliers who become financially troubled; turmoil in financial markets; tax risks; credit rating risks; risks of exposure to debt; currency fluctuations; and asset impairment); changes in financial accounting standards or policies; risk of natural disaster, climate change or other global events; and risks arising from expectations relating to environmental, social and governance considerations. Additional factors that could cause such differences can be found in our Annual Report on Form 10-K for the fiscal year ended August 31, 2025 and our other filings with the Securities and Exchange Commission. We assume no obligation to update these forward-looking statements.


Supplemental Information Regarding Non-GAAP Financial Measures: Jabil provides supplemental, non-GAAP financial measures in this release to facilitate evaluation of Jabil’s core operating performance. These non-GAAP measures exclude certain amounts that are included in the most directly comparable U.S. GAAP measures, do not have standard meanings and may vary from the non-GAAP financial measures used by other companies. Management believes these “core” financial measures are useful measures that facilitate evaluation of the past and future performance of Jabil’s ongoing operations on a comparable basis.


Jabil reports core operating income, core earnings, core diluted earnings per share and adjusted free cash flows to provide investors an additional method for assessing operating income, earnings, earnings per share and free cash flow from what it believes are its core manufacturing operations. Among other uses, management uses non-GAAP financial measures to make operating decisions, assess business performance and as a factor in determining certain employee performance when determining incentive compensation.


The Company determines an annual normalized tax rate (“normalized core tax rate”) for the computation of the non-GAAP (core) income tax provision to provide better consistency across reporting periods. In estimating the normalized core tax rate annually, the Company utilizes a full-year financial projection of core earnings that considers the mix of earnings across tax jurisdictions, existing tax positions, and other significant tax matters. The Company may adjust the normalized core tax rate during the year for material impacts from new tax legislation or material changes to the Company’s operations.


Detailed definitions of certain of the core financial measures are included above under “Definitions” and a reconciliation of the disclosed core financial measures to the most directly comparable U.S. GAAP financial measures is included under the heading “Supplemental Data” at the end of this release.


Meeting and Replay Information: Jabil will hold a conference call today at 8:30 a.m. ET to discuss its earnings for the second quarter of fiscal year 2026. To access the live audio webcast and view the accompanying slide presentation, visit the Investor Relations section of Jabil’s website, located at https://investors.jabil.com. An archived replay of the webcast will also be available after completion of the call.


About Jabil: At Jabil (NYSE: JBL), we are proud to be a trusted partner for the world’s top brands, offering comprehensive engineering, supply chain, and manufacturing solutions. With 60 years of experience across industries and a vast network of over 100 sites worldwide, Jabil combines global reach with local expertise to deliver both scalable and customized solutions. Our commitment extends beyond business success as we strive to build sustainable processes that minimize environmental impact and foster vibrant and diverse communities around the globe. Discover more at www.jabil.com.


JABIL INC. AND SUBSIDIARIES

CONDENSED CONSOLIDATED BALANCE SHEETS

(in millions)




 






February 28, 2026

(unaudited)






 






 








 






 






August 31, 2025








ASSETS






 






 






 








Current assets:






 






 






 








Cash and cash equivalents






$






1,830






 






 






$






1,933






 








Accounts receivable, net






 






4,390






 






 






 






4,039






 








Contract assets






 






1,270






 






 






 






1,057






 








Inventories, net






 






4,972






 






 






 






4,681






 








Prepaid expenses and other current assets






 






2,547






 






 






 






2,010






 








Total current assets






 






15,009






 






 






 






13,720






 








Property, plant and equipment, net






 






2,840






 






 






 






2,847






 








Operating lease right-of-use assets






 






487






 






 






 






462






 








Goodwill and intangible assets, net






 






1,877






 






 






 






1,114






 








Deferred income taxes






 






147






 






 






 






141






 








Other assets






 






268






 






 






 






259






 








Total assets






$






20,628






 






 






$






18,543






 








LIABILITIES AND EQUITY






 






 






 








Current liabilities:






 






 






 








Current installments of notes payable and long-term debt






$






500






 






 






$






499






 








Accounts payable






 






8,517






 






 






 






7,937






 








Accrued expenses






 






5,695






 






 






 






5,185






 








Current operating lease liabilities






 






99






 






 






 






93






 








Total current liabilities






 






14,811






 






 






 






13,714






 








Notes payable and long-term debt, less current installments






 






3,376






 






 






 






2,386






 








Other liabilities






 






405






 






 






 






345






 








Non-current operating lease liabilities






 






414






 






 






 






388






 








Income tax liabilities






 






131






 






 






 






113






 








Deferred income taxes






 






142






 






 






 






80






 








Total liabilities






 






19,279






 






 






 






17,026






 








Commitments and contingencies






 






 






 








Equity:






 






 






 








Jabil Inc. stockholders’ equity:






 






 






 








Preferred stock






 






—






 






 






 






—






 








Common stock






 






—






 






 






 






—






 








Additional paid-in capital






 






3,149






 






 






 






3,047






 








Retained earnings






 






6,733






 






 






 






6,382






 








Accumulated other comprehensive loss






 






—






 






 






 






(17






)








Treasury stock, at cost






 






(8,538






)






 






 






(7,899






)








Total Jabil Inc. stockholders’ equity






 






1,344






 






 






 






1,513






 








Noncontrolling interests






 






5






 






 






 






4






 








Total equity






 






1,349






 






 






 






1,517






 








Total liabilities and equity






$






20,628






 






 






$






18,543






 







JABIL INC. AND SUBSIDIARIES

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

(in millions, except for per share data)

(Unaudited)




 






 






Three months ended






 






Six months ended








 






 






February 28, 2026






 






February 28, 2025






 






February 28, 2026






 






February 28, 2025








Net revenue






 






$






8,282






 






 






$






6,728






 






$






16,587






 






 






$






13,722








Cost of revenue






 






 






7,536






 






 






 






6,152






 






 






15,099






 






 






 






12,540








Gross profit






 






 






746






 






 






 






576






 






 






1,488






 






 






 






1,182








Operating expenses:






 






 






 






 






 






 






 






 








Selling, general and administrative






 






 






329






 






 






 






256






 






 






673






 






 






 






561








Research and development






 






 






7






 






 






 






7






 






 






14






 






 






 






15








Amortization of intangibles






 






 






23






 






 






 






15






 






 






42






 






 






 






28








Restructuring, severance and related charges






 






 






5






 






 






 






45






 






 






81






 






 






 






128








Loss from the divestiture of businesses






 






 






2






 






 






 






—






 






 






—






 






 






 






—








Acquisition and divestiture related charges






 






 






6






 






 






 






8






 






 






21






 






 






 






8








Operating income






 






 






374






 






 






 






245






 






 






657






 






 






 






442








Interest and other, net






 






 






74






 






 






 






61






 






 






137






 






 






 






119








Income before income tax






 






 






300






 






 






 






184






 






 






520






 






 






 






323








Income tax expense






 






 






78






 






 






 






67






 






 






152






 






 






 






106








Net income






 






 






222






 






 






 






117






 






 






368






 






 






 






217








Net loss attributable to noncontrolling interests, net of tax






 






 






(1






)






 






 






—






 






 






(1






)






 






 






—








Net income attributable to Jabil Inc.






 






$






223






 






 






$






117






 






$






369






 






 






$






217








Earnings per share attributable to the stockholders of Jabil Inc.:






 






 






 






 






 






 






 






 








Basic






 






$






2.10






 






 






$






1.07






 






$






3.46






 






 






$






1.95








Diluted






 






$






2.08






 






 






$






1.06






 






$






3.43






 






 






$






1.93








Weighted average shares outstanding:






 






 






 






 






 






 






 






 








Basic






 






 






106.0






 






 






 






110.0






 






 






106.5






 






 






 






111.3








Diluted






 






 






106.9






 






 






 






111.1






 






 






107.6






 






 






 






112.6







JABIL INC. AND SUBSIDIARIES

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

(in millions)

(Unaudited)




 






Six months ended








 






February 28, 2026






 






February 28, 2025








Cash flows provided by operating activities:






 






 






 








Net income






$






368






 






 






$






217






 








Depreciation, amortization, and other, net






 






449






 






 






 






373






 








Change in operating assets and liabilities, exclusive of net assets acquired






 






(83






)






 






 






56






 








Net cash provided by operating activities






 






734






 






 






 






646






 








Cash flows used in investing activities:






 






 






 








Acquisition of property, plant and equipment






 






(198






)






 






 






(213






)








Proceeds and advances from sale of property, plant and equipment






 






96






 






 






 






54






 








Cash paid for business and intangible asset acquisitions, net of cash






 






(848






)






 






 






(361






)








Other, net






 






(13






)






 






 






17






 








Net cash used in investing activities






 






(963






)






 






 






(503






)








Cash flows provided by (used in) financing activities:






 






 






 








Borrowings under debt agreements






 






1,678






 






 






 






334






 








Payments toward debt agreements






 






(897






)






 






 






(414






)








Payments to acquire treasury stock






 






(600






)






 






 






(636






)








Dividends paid to stockholders






 






(18






)






 






 






(19






)








Net proceeds from exercise of stock options and issuance of common stock under employee stock purchase plan






 






39






 






 






 






33






 








Treasury stock minimum tax withholding related to vesting of restricted stock






 






(65






)






 






 






(41






)








Other, net






 






(17






)






 






 






(3






)








Net cash provided by (used in) financing activities






 






120






 






 






 






(746






)








Effect of exchange rate changes on cash and cash equivalents






 






6






 






 






 






(6






)








Net decrease in cash and cash equivalents






 






(103






)






 






 






(609






)








Cash and cash equivalents at beginning of period






 






1,933






 






 






 






2,201






 








Cash and cash equivalents at end of period






$






1,830






 






 






$






1,592






 







JABIL INC. AND SUBSIDIARIES

SUPPLEMENTAL DATA

RECONCILIATION OF U.S. GAAP FINANCIAL RESULTS TO NON-GAAP MEASURES

(in millions, except for per share data)

(Unaudited)




 






Three months ended






 






Six months ended








 






February 28, 2026






 






February 28, 2025






 






February 28, 2026






 






February 28, 2025








Operating income (U.S. GAAP)






$






374






 






 






$






245






 






$






657






 






 






$






442






 








Amortization of intangibles






 






23






 






 






 






15






 






 






42






 






 






 






28






 








Stock-based compensation expense and related charges






 






27






 






 






 






21






 






 






90






 






 






 






65






 








Restructuring, severance and related charges(1)






 






5






 






 






 






45






 






 






81






 






 






 






128






 








Net periodic benefit (credit) cost






 






(1






)






 






 






—






 






 






(1






)






 






 






1






 








Business interruption and impairment charges, net(2)






 






—






 






 






 






—






 






 






—






 






 






 






9






 








Loss from the divestiture of businesses






 






2






 






 






 






—






 






 






—






 






 






 






—






 








Acquisition and divestiture related charges(3)






 






6






 






 






 






8






 






 






21






 






 






 






8






 








Adjustments to operating income






 






62






 






 






 






89






 






 






233






 






 






 






239






 








Core operating income (Non-GAAP)






$






436






 






 






$






334






 






$






890






 






 






$






681






 








Net income attributable to Jabil Inc. (U.S. GAAP)






$






223






 






 






$






117






 






$






369






 






 






$






217






 








Adjustments to operating income






 






62






 






 






 






89






 






 






233






 






 






 






239






 








Net periodic benefit credit (cost)






 






1






 






 






 






—






 






 






1






 






 






 






(1






)








Adjustments for taxes






 






2






 






 






 






9






 






 






(6






)






 






 






(12






)








Core earnings (Non-GAAP)






$






288






 






 






$






215






 






$






597






 






 






$






443






 








Diluted earnings per share (U.S. GAAP)






$






2.08






 






 






$






1.06






 






$






3.43






 






 






$






1.93






 








Diluted core earnings per share (Non-GAAP)






$






2.69






 






 






$






1.94






 






$






5.55






 






 






$






3.94






 








Diluted weighted average shares outstanding

(U.S. GAAP and Non-GAAP)






 






106.9






 






 






 






111.1






 






 






107.6






 






 






 






112.6






 









 









(1)







Charges recorded during the three months and six months ended February 28, 2026, relate to targeted restructuring activities to optimize our cost structure and improve operational efficiencies. Charges recorded during the three months and six months ended February 28, 2025, primarily related to the 2025 Restructuring Plan.








(2)







Charges recorded during the six months ended February 28, 2025, related primarily to costs associated with damage from Hurricanes Helene and Milton, which impacted our operations in St. Petersburg, Florida and Asheville and Hendersonville, North Carolina.








(3)







Charges recorded during the three months and six months ended February 28, 2026, include $11 million and $8 million, respectively, of gains on forward foreign exchange contracts in connection with the acquisition of Hanley Energy Group.







JABIL INC. AND SUBSIDIARIES

SUPPLEMENTAL DATA

ADJUSTED FREE CASH FLOW

(in millions)

(Unaudited)




 






Six months ended








 






February 28, 2026






 






February 28, 2025








Net cash provided by operating activities (U.S. GAAP)






$






734






 






 






$






646






 








Acquisition of property, plant and equipment (“PP&E”)






 






(198






)






 






 






(213






)








Proceeds and advances from sale of PP&E






 






96






 






 






 






54






 








Adjusted free cash flow (Non-GAAP)






$






632






 






 






$






487






 







 

View source version on businesswire.com: https://www.businesswire.com/news/home/20260318966342/en/
Investor Contact

Adam Berry

Senior Vice President, Investor Relations and Corporate Affairs

adam_berry@jabil.com


Media Contact

Timur Aydin

Senior Director, Enterprise Marketing and Communications

publicrelations@jabil.com


Original: Jabil Posts Second Quarter Results