Jabil reports strong fiscal 2026 results driven by AI infrastructure

Jabil Inc. reported fiscal 2026 results that exceeded expectations, with annual revenue reaching $36 billion, a 21% increase from the previous year. For the fourth quarter, the company posted net revenue of $10.6 billion and core diluted earnings per share (non-GAAP) of $4.40, surpassing analyst estimates.

Growth was driven significantly by AI infrastructure. The company expects intelligent infrastructure revenue to reach $25.6 billion in fiscal 2027, including $22.1 billion specifically from AI-related sectors such as cloud infrastructure, networking, and liquid cooling. While Digital Commerce and Robotics are forecast to grow by 11%, the Connected Living segment is projected to decline by 15%.

For the first quarter of fiscal 2027, Jabil issued revenue guidance between $10.6 billion and $11.4 billion, with core EPS expected between $3.80 and $4.20. The company also provided full-year 2027 guidance, projecting revenue of approximately $44.5 billion and core EPS of $17.55. Jabil plans to maintain an asset-light model and has authorized a new $1.5 billion share repurchase program.