Jabil Inc. (JBL)
NYSE:JBL
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Earnings Data
Report Date
Sep 24, 2026Before Open (Confirmed)
Period Ending
2026 (Q4)Consensus EPS Forecast
3.83Last Year’s EPS
3.29Same Quarter Last Year
Strong Buy
Based on 8 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call was decidedly positive: the company delivered a quarter that beat expectations across revenue, EPS, margins, and free cash flow, raised full-year revenue and free cash flow guidance, reported very strong Intelligent Infrastructure and AI-related growth (AI revenues now ~$13.6B for FY2026, ~50% YoY), won a third hyperscaler customer, and announced a strategic India partnership. Offsetting items include elevated inventory days, ongoing supply-chain and component tightness, near-term ramp inefficiencies as new capacity comes online, and some end-market volatility (automotive, mixed Connected Living). Overall the favorable operating and financial beats, upgraded guidance, robust cash generation, and strategic customer wins materially outweigh the manageable operational and timing risks described.Company Guidance
Q3 Revenue and EPS Beat
Q3 revenue of ~$8.8B, up 12% year-over-year and ~$250M above the midpoint of guidance. GAAP diluted EPS $2.59; core diluted EPS $3.16, up 24% year-over-year.
Strong Intelligent Infrastructure Growth & AI Revenue
Intelligent Infrastructure revenue $4.2B, up 21% year-over-year; networking & communications >50% growth (supported by India ramp). Company now expects AI-related revenue of ~$13.6B for FY2026 (up $500M vs March outlook and up from $9B in FY2025), representing ~50% year-over-year AI-related growth (+$4.6B).
Raised FY2026 Guidance and Free Cash Flow
Fiscal 2026 revenue raised to ~$35B (from $34B), ~17% year-over-year. Adjusted free cash flow outlook raised to more than $1.4B (from >$1.3B). Q3 adjusted free cash flow was $359M (cash from ops $535M less net CapEx $176M).
Margin Expansion and Profitability
Q3 core operating income $504M with core operating margin 5.8%; Intelligent Infrastructure core margin 6.1% (up 80 bps YoY). Q4 midpoint implies core operating margin ~6.4%; management expects FY2027 core operating margin above 6%.
Balance Sheet Strength and Capital Returns
Ended Q3 with $1.4B in cash and debt to core EBITDA of 1.3x, maintaining investment-grade profile. Repurchased ~$291M of shares during Q3 and intends to complete $1B repurchase authorization in Q4.
Broad-Based Segment Upside
Revenue upside in Q3 was broad-based: Regulated Industries $3.2B (up 4% YoY; Automotive & Transportation stronger than expected), Connected Living & Digital Commerce $1.4B (up 5% YoY) with Digital Commerce noted as a higher-margin area.
New Customer Wins and Strategic Partnerships
Won a third hyperscale customer in Q3; management expects the third hyperscaler to contribute a couple hundred million in 2027 and scale to ~$1B+ in 2028. Announced a strategic alliance with Adani Enterprises to target multi-gigawatt AI infrastructure manufacturing in India (potential meaningful contributions starting FY2028).
Disciplined Capacity Expansion with Low CapEx Intensity
Adding incremental footprint (~10%) across North Carolina, Memphis, India and other locations while maintaining CapEx guidance of 1.5%-2% of revenue, preserving an asset-light model.
Accretive M&A and Higher-Margin Capabilities
Hanley acquisition is performing ahead of expectations, contributing higher-margin modular power and services capabilities; management cited double-digit margins for Hanley.
JBL Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
JBL Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Mar 18, 2026 | $262.29 | $258.61 | -1.40% |
Dec 17, 2025 | $212.44 | $216.18 | +1.76% |
Sep 25, 2025 | $225.07 | $210.00 | -6.69% |
Jun 17, 2025 | $180.58 | $196.63 | +8.89% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Jabil Inc. (JBL) report earnings?
Jabil Inc. (JBL) is schdueled to report earning on Sep 24, 2026, Before Open (Confirmed).
What is Jabil Inc. (JBL) earnings time?
Jabil Inc. (JBL) earnings time is at Sep 24, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is JBL EPS forecast?
JBL EPS forecast for the fiscal quarter 2026 (Q4) is 3.83.
