Jabil posts fourth-quarter and fiscal 2026 results, gives fiscal 2027 outlook

For best results when printing this announcement, please click on link below: Jabil Posts Fourth Quarter and Fiscal Year 2026 Results Provides Strong Fiscal 2027 Outlook Today, Jabil Inc. (NYSE: JBL), reported preliminary, unaudited financial results for its fourth quarter and fiscal year ended August 31, 2026. 5 billion in adjusted free cash flow,” said CEO Mike Dastoor. “Our teams supported significant growth in AI infrastructure, delivered strong performance across several other end markets and brought critical new capacity online.

These results reflect the progress we’ve made in moving up the value chain, taking on more of our customers’ engineering and manufacturing complexity while maintaining an asset-light model. S. S. S.

S. S. S. 23 per diluted share) for restructuring, severance and related charges.

“Our fiscal 2027 outlook reflects the strength of Jabil’s diversified portfolio, with accelerating AI demand complemented by solid growth in automotive, healthcare, energy infrastructure, defense and aerospace, and warehouse and retail automation,” Dastoor continued. “This breadth of growth, together with expanding customer relationships and committed business supporting our new capacity, gives us confidence in the year ahead. 6 billion. S.

S. generally accepted accounting principles. 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. 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. S. S. S.

S. 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 2027 (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 fourth quarter and full 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. 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 uses 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. S. GAAP financial measures is included under the heading “Supplemental Data” at the end of this release. m.

ET to discuss its earnings for the fourth quarter and full fiscal year ended August 31, 2026 and to provide an investor briefing. To access the live audio webcast and view the accompanying slide presentation, visit the Investor Relations section of Jabil’s website, located at ( ). 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 JABIL INC.

AND SUBSIDIARIES CONDENSED CONSOLIDATED BALANCE SHEETS (in millions) August 31, 2026 (unaudited) August 31, 2025 ASSETS Current assets: Cash and cash equivalents $ 1,739 $ 1,933 Accounts receivable, net 6,513 4,039 Contract assets 1,296 1,057 Inventories, net 7,413 4,681 Prepaid expenses and other current assets 4,559 2,010 Total current assets 21,520 13,720 Property, plant and equipment, net 3,005 2,847 Operating lease right-of-use assets 614 462 Goodwill and intangible assets, net 1,828 1,114 Deferred income taxes 178 141 Other assets 290 259 Total assets $ 27,435 $ 18,543 LIABILITIES AND EQUITY Current liabilities: Current installments of notes payable and long-term debt $ 499 $ 499 Accounts payable 14,444 7,937 Accrued expenses 6,619 5,185 Current operating lease liabilities 111 93 Total current liabilities 21,673 13,714 Notes payable and long-term debt, less current installments 2,880 2,386 Other liabilities 421 345 Non-current operating lease liabilities 530 388 Income tax liabilities 170 113 Deferred income taxes 144 80 Total liabilities 25,818 17,026 Commitments and contingencies Equity: Jabil Inc.

stockholders’ equity: Preferred stock — — Common stock — — Additional paid-in capital 3,255 3,047 Retained earnings 7,390 6,382 Accumulated other comprehensive loss (12 ) (17 ) Treasury stock, at cost (9,020 ) (7,899 ) Total Jabil Inc. stockholders’ equity 1,613 1,513 Noncontrolling interests 4 4 Total equity 1,617 1,517 Total liabilities and equity $ 27,435 $ 18,543 JABIL INC.

AND SUBSIDIARIES CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (in millions, except for per share data) (Unaudited) Three Months Ended Fiscal Year Ended August 31, 2026 August 31, 2025 August 31, 2026 August 31, 2025 Net revenue $ 10,616 $ 8,252 $ 35,954 $ 29,802 Cost of revenue 9,615 7,469 32,637 27,156 Gross profit 1,001 783 3,317 2,646 Operating expenses: Selling, general and administrative 324 264 1,222 1,015 Stock-based compensation expense and related charges 25 23 140 107 Research and development 7 4 30 26 Amortization of intangibles 24 17 89 62 Restructuring, severance and related charges 9 37 97 181 Loss from the divestiture of businesses — 98 1 53 Acquisition and divestiture related charges 10 3 34 20 Operating income 602 337 1,704 1,182 Loss on securities — — — 46 Interest and other, net 80 58 296 244 Income before income tax 522 279 1,408 892 Income tax expense 125 61 368 235 Net income 397 218 1,040 657 Net loss attributable to noncontrolling interests, net of tax (1 ) — (2 ) — Net income attributable to Jabil Inc.

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AND SUBSIDIARIES CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (in millions) (Unaudited) Fiscal Year Ended August 31, 2026 August 31, 2025 Cash flows from operating activities: Net income $ 1,040 $ 657 Adjustments to reconcile net income to net cash provided by operating activities: Depreciation and amortization 681 674 Restructuring and related charges 47 88 Recognition of stock-based compensation expense and related charges 140 107 Deferred income taxes (21 ) (124 ) Loss from the divestiture of businesses 1 53 Other, net (24 ) (2 ) Change in operating assets and liabilities, exclusive of net assets acquired: Accounts receivable (2,394 ) (504 ) Contract assets (221 ) 22 Inventories (2,681 ) (431 ) Prepaid expenses and other current assets (2,538 ) (310 ) Other assets (12 ) (16 ) Accounts payable, accrued expenses and other liabilities 7,984 1,426 Net cash provided by operating activities 2,002 1,640 Cash flows from investing activities: Acquisition of property, plant and equipment (628 ) (468 ) Proceeds and advances from sale of property, plant and equipment 158 146 Cash paid for business and intangible asset acquisitions, net of cash (852 ) (392 ) Proceeds from the divestiture of businesses, net of cash — 7 Other, net (13 ) (7 ) Net cash used in investing activities (1,335 ) (714 ) Cash flows from financing activities: Borrowings under debt agreements 2,773 1,844 Payments toward debt agreements (2,528 ) (1,986 ) Payments to acquire treasury stock (1,060 ) (1,000 ) Dividends paid to stockholders (35 ) (36 ) Net proceeds from exercise of stock options and issuance of common stock under 74 62 employee stock purchase plan Treasury stock minimum tax withholding related to vesting of restricted stock (67 ) (42 ) Other, net (23 ) (46 ) Net cash used in financing activities (866 ) (1,204 ) Effect of exchange rate changes on cash and cash equivalents 5 10 Net decrease in cash and cash equivalents (194 ) (268 ) Cash and cash equivalents at beginning of period 1,933 2,201 Cash and cash equivalents at end of period $ 1,739 $ 1,933 JABIL INC.

S. S. S. 4 % Net income attributable to Jabil Inc.

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