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JBL

Jabil Inc.

JBL

Jabil Inc. • NYSE
$210.71 ▲ 1.68% (+3.48)
Market Cap $22.51 B
52w High $237.14
52w Low $108.66
Dividend Yield 0.32%
P/E 35.59
Volume 452.99K
Outstanding Shares 106.84M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q4-2025 $8.252B ▲ $446M ▲ $218M ▼ 2.642% ▼ $2.03 ▼ $425M ▼
Q3-2025 $7.828B ▲ $278M ▼ $222M ▲ 2.836% ▲ $2.05 ▲ $632M ▲
Q2-2025 $6.728B ▼ $331M ▼ $117M ▲ 1.739% ▲ $1.07 ▲ $412M ▲
Q1-2025 $6.994B ▲ $409M ▲ $100M ▼ 1.43% ▼ $0.89 ▼ $359M ▼
Q4-2024 $6.964B $345M $138M 1.982% $1.2 $433M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q4-2025 $1.933B ▲ $18.543B ▼ $17.026B ▼ $1.513B ▲
Q3-2025 $1.523B ▼ $18.587B ▲ $17.3B ▲ $1.285B ▼
Q2-2025 $1.592B ▼ $17.396B ▼ $16.038B ▼ $1.358B ▼
Q1-2025 $2.058B ▼ $17.771B ▲ $16.178B ▲ $1.593B ▼
Q4-2024 $2.201B $17.351B $15.614B $1.737B

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q4-2025 $218M ▼ $588M ▲ $-136M ▼ $-39M ▲ $410M ▲ $419M ▲
Q3-2025 $222M ▲ $406M ▲ $-75M ▲ $-419M ▲ $-69M ▲ $320M ▲
Q2-2025 $117M ▲ $334M ▲ $-367M ▼ $-434M ▼ $-466M ▼ $218M ▲
Q1-2025 $100M ▼ $312M ▼ $-136M ▼ $-312M ▲ $-143M ▲ $215M ▼
Q4-2024 $138M $535M $-116M $-679M $-256M $411M

Revenue by Products

Product Q1-2025Q2-2025Q3-2025Q4-2025
Connected Living and Digital Commerce
Connected Living and Digital Commerce
 $1.54Bn ▲$1.34Bn ▼$1.34Bn ▲$1.39Bn ▲
Intelligent Infrastructure
Intelligent Infrastructure
 $2.50Bn ▲$2.65Bn ▲$3.43Bn ▲$3.74Bn ▲
Regulated Industries
Regulated Industries
 $2.96Bn ▲$2.74Bn ▼$3.06Bn ▲$3.13Bn ▲

Five-Year Company Overview

Income Statement

Income Statement Jabil’s sales have been large and relatively steady, with some ups and downs as big customer programs ramp up and then wind down. Profitability has generally improved over the past several years, but earnings have been quite volatile, with a particularly strong year recently followed by a noticeable step down. This pattern is typical for a contract manufacturer exposed to shifting demand in electronics, autos, and industrial gear. Margins are still thin by nature of the business, so small changes in costs, volumes, or pricing can move net income a lot. Overall, the income statement shows a mature, sizable business that has become more profitable over time but remains sensitive to cycles, mix, and execution.

Balance Sheet

Balance Sheet The balance sheet shows a company that runs asset‑intensive operations with a moderate cash cushion and a consistent level of debt. Total assets have stayed fairly stable, reflecting a large global footprint of factories and equipment. Debt has not exploded, but equity has been drifting down, which effectively increases financial leverage. That can enhance returns in good times but leaves less room for error if demand weakens or if there are operational shocks. Liquidity looks serviceable rather than abundant, so the company depends on continued healthy cash generation and access to credit markets, which is normal for this kind of manufacturing model but still a key risk area to monitor.

Cash Flow

Cash Flow Cash flow is a relative strength. Jabil has been consistently converting its profits into cash from operations, showing that earnings are backed by real money, not just accounting. Free cash flow has improved over the last several years as heavy investment in factories and equipment has eased, leaving more surplus cash after capital spending. This gives the company flexibility to manage debt, repurchase shares, or pursue targeted acquisitions. The trade‑off is that if capital spending remains low for too long, it could eventually limit capacity or competitiveness in fast‑moving technology areas, so the balance between investing for growth and preserving cash is important.

Competitive Edge

Competitive Edge Jabil’s competitive position rests on being a huge, sophisticated manufacturing partner rather than a brand that sells directly to consumers. Its advantages come from scale, a wide global footprint, and deep integration with customers’ design, engineering, and supply chains. Once Jabil is embedded with a client, switching to another manufacturer can be costly and disruptive, which creates some stickiness. The company is also diversified across many end markets—from consumer electronics to healthcare, automotive, industrial, and data‑center infrastructure—which helps soften downturns in any one area. However, it still operates in a fiercely competitive industry with constant price pressure, powerful customers, and strong rivals, so its moat is real but not extremely wide.

Innovation and R&D

Innovation and R&D Innovation at Jabil is less about pure research and more about advanced manufacturing and applied technology. The company leans heavily on automation, robotics, and artificial intelligence to improve yields, reduce defects, and optimize complex global supply chains. It has built notable capabilities in optics and photonics for data centers, liquid‑cooling solutions for high‑power computing, and advanced materials and plastics for specialized components. Jabil is also pushing into higher‑value verticals like healthcare manufacturing, pharmaceutical outsourcing, electric vehicle components, and robotics production. These areas can deepen its role with customers and support better margins, but they also require ongoing investment, specialized skills, and careful execution to stay ahead of competitors and rapid technological change.

Summary

Overall, Jabil looks like a large, established manufacturing solutions provider that has steadily improved its profitability and cash generation while operating in a structurally tough, low‑margin industry. The business benefits from scale, sticky customer relationships, and exposure to long‑term growth areas like AI infrastructure, healthcare, and electric vehicles. At the same time, earnings remain cyclical and somewhat volatile, leverage has crept higher as equity has declined, and the company is exposed to customer concentration and pricing pressure. The central questions going forward are whether Jabil can keep shifting its mix toward higher‑value, more specialized work, maintain disciplined investment in automation and new technologies, and manage its balance sheet prudently through inevitable industry cycles.

NEWS

November 10, 2025 · 4:00 AM UTC

Jabil and Inno Invest in New Thailand Facility to Produce Battery Energy Storage System Enclosures

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November 4, 2025 · 4:05 PM UTC

Jabil Announces Definitive Agreement to Acquire Hanley Energy Group

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October 14, 2025 · 1:20 PM UTC

Axiado and Jabil Collaborate to Advance AI-Driven Platform Security in OCP MHS-Inspired Servers

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October 13, 2025 · 8:30 AM UTC

Jabil Launches J-422G Servers for Scalable AI and Data Center Performance

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September 25, 2025 · 7:30 AM UTC

Jabil Posts Fourth Quarter and Fiscal Year 2025 Results

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