AI-extracted from the 10-K filed 2026-10-23 — FY2026 (year ended August 31, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.
Jabil's FY2026 net revenue rose 20.6% to $36.0B, driven by a 45% surge in Intelligent Infrastructure (AI/data center) while Regulated Industries and Connected Living declined in mix.
Biggest Revenue Drivers
Connected Living and Digital Commerce$5.39B-4% YoY
Decrease from an 11% decline in connected living revenue, partially offset by a 7% increase in digital commerce.
Biggest Revenue Drivers
Total revenue: $35.954B+20.6% YoY
Connected Living and Digital Commerce$5.39B-4% YoY
Decrease from an 11% decline in connected living revenue, partially offset by a 7% increase in digital commerce.
Largest Expense Items
Cost of revenue$32.637B+20% YoY
Consistent with higher net revenue volume; gross margin rose to 9.2% from 8.9%, primarily from product mix in Intelligent Infrastructure.
Selling, general and administrative$1.222B+20% YoY
Increase primarily from salary and salary-related expenses, including from Hanley Energy Group and Rebound Technologies acquisitions.
Restructuring, severance and related charges$97M-47% YoY
Decrease from the 2025 Restructuring Plan, partially offset by targeted restructuring to optimize cost structure in FY2026.
Margins: Gross margin improved to 9.2% of net revenue from 8.9%, primarily from product mix in Intelligent Infrastructure. Core operating margin rose to 5.8% from 5.4%, though GAAP operating margin improved to 4.7% from 4.0%.
Watch Items from the Filing
Customer concentration: five largest customers accounted for approximately 37% of net revenue; Customer A represented 20% of FY2026 revenue, up from 16%.
FDA Warning Letter received August 2026 for Pharmaceutics International facility in Hunt Valley, Maryland; manufacturing at the site has been paused pending remediation.
Receivables and payables stretched: days in accounts payable rose to 135 from 96 year over year, and accounts receivable days rose to 55 from 44, amid heavy Intelligent Infrastructure timing effects.
Net cash from operations of $2.0B benefited from $18.3B of trade receivables sold under uncommitted programs and $4.5B under the global ABS program during the year.
Shareholder returns: $1.06B spent on share repurchases in FY2026 and a new $1.5B authorization approved July 2026, with $898M remaining as of October 20, 2026.
AI-extracted and verified against SEC EDGAR filing text. Not investment advice.
About JABIL INC (JBL): stock profile, AI score and financials
JABIL INC (JBL) stock profile, AI quality score, and SEC EDGAR financial data, a Technology sector company. 13F Pro's AI-powered ranking engine scores JBL at 62.3/100 on a composite quality score built from its SEC filings, placing it at rank #715 of 2,925 stocks — the top 25% of the AI-ranked universe. JBL scores in the top quartile across revenue scale (95.7), institutional flow (75.1). Areas of concern include free cash flow (38.8), which score below median versus the broader universe. Based on the latest XBRL financial filings (Q4 2026), JABIL INC reports quarterly revenue of $10.6B, net income of $398.0M, an operating margin of 5.7%. Top institutional holders of JBL by reported 13-F value include BlackRock, VANGUARD CAPITAL MANAGEMENT, Texas Yale Capital, based on the most recent SEC filings. JBL trades on the NYSE exchange and files with the SEC under CIK 898293. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate JBL daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for JABIL INC directly from SEC EDGAR.