ST. PETERSBURG, Fla.–(BUSINESS WIRE)– Jabil Inc. (NYSE: JBL), reported preliminary, unaudited financial results for its first quarter of fiscal year 2026.
First Quarter of Fiscal Year 2026 Highlights:
- Net revenue: $8.3 billion
- U.S. GAAP operating income: $283 million
- U.S. GAAP diluted earnings per share: $1.35
- Core operating income (Non-GAAP): $454 million
- Core diluted earnings per share (Non-GAAP): $2.85
“Fiscal 2026 is off to an excellent start, with Q1 performance ahead of expectations across revenue, core operating margins, and core EPS,” said CEO Mike Dastoor. “Our Intelligent Infrastructure segment remains a major growth engine, supported by accelerating demand across cloud, data center infrastructure, networking, and capital equipment. At the same time, both Regulated Industries and Connected Living & Digital Commerce are performing better than we anticipated coming into the year, giving us momentum across the entire portfolio. With this broad-based strength and improved visibility, we are raising our outlook for revenue, core margins, and core EPS for fiscal 2026, while maintaining our strong free cash flow expectations. As we look ahead, we will remain focused on driving profitable growth, expanding margins, delivering strong cash flow, and creating long-term value for our shareholders,” he added.
Second Quarter of Fiscal Year 2026 Outlook:
|
• Net revenue |
|
$7.5 billion to $8.0 billion |
|
• U.S. GAAP operating income |
|
$312 million to $382 million |
|
• U.S. GAAP diluted earnings per share |
|
$1.70 to $2.19 per diluted share |
|
• Core operating income (Non-GAAP)(1) |
|
$375 million to $435 million |
|
• Core diluted earnings per share (Non-GAAP)(1) |
|
$2.27 to $2.67 per diluted share |
|
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| (1) |
Core operating income and core diluted earnings per share exclude anticipated adjustments of $15 million for amortization of intangibles (or $0.13 per diluted share) and $23 million for stock-based compensation expense and related charges (or $0.21 per diluted share) and $25 million to $15 million (or $0.23 to $0.14 per diluted share) for restructuring, severance and related charges. |
Fiscal Year 2026 Outlook:
|
• Net revenue |
|
$32.4 billion |
|
• Core operating margin (Non-GAAP) |
|
5.7% |
|
• Core diluted earnings per share (Non-GAAP) |
|
$11.55 per diluted share |
|
• Adjusted free cash flow (Non-GAAP) |
|
$1.3+ billion |
