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Jabil Inc
XMUN:JBL

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Jabil Inc
XMUN:JBL
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Price: 300.2 EUR -4.98% Market Closed
Market Cap: €33.5B

Jabil Inc
Investor Relations

Jabil makes other companies’ products for them. It designs, engineers, assembles, and tests electronics and other hardware for customers that need a manufacturing partner rather than their own factory network. Its work shows up in things like consumer devices, healthcare equipment, industrial systems, automotive parts, and cloud and network hardware. The company mainly sells manufacturing services, not finished products under its own brand. Customers pay Jabil to build products, manage parts and suppliers, and sometimes help move a design from concept to mass production. That makes Jabil an important middle step in the supply chain: it turns customer designs and components into finished goods that are ready to ship. Jabil’s business model is different because it sits behind the scenes for many industries at once. Instead of depending on one branded product line, it earns money by doing contract manufacturing, design support, and supply-chain services for large corporate customers. This gives it a role as a flexible production partner for companies that want scale, engineering help, and global manufacturing reach without owning all the factories themselves.

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Last Earnings Call
Fiscal Period
Q2 2026
Call Date
Mar 18, 2026
AI Summary
Q2 2026

Revenue beat: Q2 net revenue of $8.3 billion came in above management's prior outlook, driven by broad-based strength.

Margin & EPS: Core operating margin was 5.3% and core diluted EPS was $2.69, both ahead of expectations; GAAP diluted EPS was $2.08.

Intelligent Infra surge: Intelligent Infrastructure led the upside—Q2 revenue $4.0 billion (up 52% YoY) and the company raised its full‑year Intelligent Infrastructure outlook by $1.1 billion.

Upgraded FY guide: Full‑year revenue raised to approximately $34.0 billion (from $32.4 billion) and full‑year diluted EPS raised to $12.25 (from $11.55); core operating margin guide ~5.7%.

Cash & capital return: Q2 adjusted free cash flow $360 million (cash from ops $411 million), $300 million of shares repurchased in the quarter, cash balance $1.8 billion; management expects >$1.3 billion adjusted free cash flow for the year.

Q3 guide: Company revenue $8.1 billion–$8.9 billion; core diluted EPS $2.83–$3.23; core operating income $452 million–$512 million.

Operational priorities: Management reiterated focus on profitable growth, margin expansion, capital efficiency and disciplined share repurchases; AI‑related revenue now expected at roughly $13.1 billion for FY '26 (up ~46% YoY).

Key Financials
Net revenue (Q2)
$8.3 billion
Core operating income (Q2)
$436 million
Core operating margin (Q2)
5.3%
Operating income (GAAP, Q2)
$374 million
Diluted EPS (GAAP, Q2)
$2.08
Core diluted EPS (Q2)
$2.69
Regulated Industries revenue (Q2)
$3.0 billion
Regulated Industries core operating margin (Q2)
4.8%
Intelligent Infrastructure revenue (Q2)
$4.0 billion
Intelligent Infrastructure core operating margin (Q2)
5.7%
Connected Living & Digital Commerce revenue (Q2)
$1.2 billion
Connected Living core operating margin (Q2)
4.9%
Inventory days (Q2)
75 days (60 days net of customer deposits)
Cash from operations (Q2)
$411 million
Net capital expenditures (Q2)
$51 million
Adjusted free cash flow (Q2)
$360 million
Cash balance (end Q2)
$1.8 billion
Share repurchases (Q2)
$300 million
Q3 total company revenue guidance
$8.1 billion to $8.9 billion
Q3 core operating income guidance
$452 million to $512 million
Q3 core diluted EPS guidance
$2.83 to $3.23
Q3 GAAP operating income guidance
$398 million to $458 million
Q3 GAAP diluted EPS guidance
$2.36 to $2.76
Net interest expense
Q3 ~ $73 million; Full year ~ $280 million
Core tax rate
21%
AI-related revenue (FY '26)
roughly $13.1 billion
Intelligent Infrastructure FY subsegments
Cloud & DCI $10.4B (up ~$600M); Networking & Communications $3.1B (up ~$400M); Capital Equipment $3.0B (up ~$100M)
Earnings Call Recording
Other Earnings Calls

Management

Mr. Mark T. Mondello
Executive Chairman
No Bio Available
Mr. Michael Dastoor
CEO & Director
No Bio Available
Mr. Frederic E. McCoy
Executive Vice President of Operations
No Bio Available
Mr. Gregory B. Hebard
Chief Financial Officer
No Bio Available
Ms. May Yee Yap
Senior VP & Chief Information Officer
No Bio Available
Ms. Kristine Melachrino
Senior VP & General Counsel
No Bio Available
Mr. Gary K. Schick
Senior VP & Chief Human Resources Officer
No Bio Available
Mr. Francis G. McKay
Senior VP and Chief Supply Chain & Procurement Officer
No Bio Available
Mr. Andrew D. Priestley
Executive Vice President of Global Business Units
No Bio Available

Contacts

Address
FLORIDA
Saint Petersburg
10560 Dr Martin Luther King Jr St N
Contacts
+17275779749.0
www.jabil.com
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