JBL
FY2026 Q3 · Calendar Q2 2026
Jabil Inc.
Jabil's Q3 FY2026 results reinforce its accelerating pivot toward AI infrastructure manufacturing. Revenue of $8.75B beat consensus by 1.7% and core EPS of $3.16 topped by 1.9%, prompting management to raise full-year guidance for the second consecutive quarter to $35B in revenue and $12.70 core EPS. AI-related revenue is now projected at $13.6B for FY2026, up 50% YoY, bolstered by a third hyperscaler customer win and a new strategic alliance with Adani Enterprises to build AI manufacturing capacity in India targeting FY2028 revenue. Management maintains capital discipline, holding CapEx at 1.5–2% of revenue while targeting core operating margins above 6% in FY2027. Despite the beat-and-raise, shares have declined roughly 20% since the June 17 report, trading at $287.14 against an analyst consensus target of $454.13 — a wide gap that suggests the market is discounting execution risk…
EPS surprise+1.9%
Market move-0.1%
