ST. PETERSBURG, Fla.– 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:
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• Net revenue |
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• $8.1 billion to $8.9 billion |
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• U.S. GAAP operating income |
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• $398 million to $458 million |
|
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• U.S. GAAP diluted earnings per share |
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• $2.36 to $2.76 per diluted share |
|
|
• Core operating income (Non-GAAP)(1) |
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• $452 million to $512 million |
|
|
• Core diluted earnings per share (Non-GAAP)(1) |
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• $2.83 to $3.23 per diluted share |
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|
|
|
(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 |
