Jabil forecasts high fiscal 2027 revenue on AI demand

Jabil has issued a fiscal 2027 outlook that exceeds Wall Street estimates, driven by surging demand for artificial intelligence (AI) data center infrastructure. The electronics component manufacturer expects full-year 2027 revenues to reach $44.5 billion, representing approximately 24% growth, and annual adjusted earnings per share of $17.55.

For the fourth quarter of fiscal 2026, Jabil reported revenue of $10.6 billion, a 28.6% to 29% increase year-over-year, which surpassed previous guidance. The company’s Intelligent Infrastructure segment saw significant growth, with revenue rising 56% year-over-year to approximately $5.8 billion. This growth was attributed to accelerating AI-related demand and faster-than-anticipated customer ramps.

Beyond AI, Jabil noted strength in several other sectors, including automotive, healthcare, energy infrastructure, defense, aerospace, and warehouse and retail automation. The company also reported a full fiscal year 2026 net revenue of $36 billion, marking a 21% increase.