JBL JABIL INC

Overview and Growth

JABIL INC generated $35.95B of revenue in fiscal 2026, with net income of $1.04B and an operating cash inflow of $2.00B. Revenue of $35.95B sets the scale for evaluating how effectively sales translated into profit and cash during the year. Revenue was 20.6% above fiscal 2025 revenue of $29.80B, marking a year-over-year increase. Diluted earnings per share were $9.75, translating the period’s attributable earnings into the amount reported for each diluted share. Diluted EPS increased by 64.7% from $5.92 in fiscal 2025, showing how the earnings change reached shareholders on a per-share basis. Asset turnover was 1.31x, relating the company’s annual revenue directly to the total assets reported at the period end.

Profitability

Gross profit was $3.32B, representing the portion of revenue remaining after the reported cost of revenue and before operating expenses. Gross profit represented 9.2% of revenue, showing how much of the top line remained after direct costs. Operations produced $1.70B of income after the reported operating expense base, before the remaining non-operating and tax effects. Relative to revenue, operating income represented 4.7%, showing how efficiently sales converted into operating profit. After all reported below-operating-line items, the company recorded net income of $1.04B for the fiscal year. Net margin was 2.9%, meaning that this portion of revenue remained as net income after all recognized expenses. The earnings statement records $1.41B of pretax income, the profit base against which the reported tax provision can be assessed. The pretax margin was 3.9%, relating income before taxes directly to revenue. The reported income-tax provision was $368.00M, the amount recognized between pretax income and the final net-income result. The effective relationship between income tax and positive pretax income was 26.1%, without assuming a statutory-rate comparison.

Liquidity and Capital Structure

Total assets were $27.43B, supported by $25.82B of liabilities and $1.62B of shareholder equity. The near-term balance sheet paired $21.52B of current assets with $21.67B of current liabilities at the reporting date. At 0.99x, current liabilities exceeded current assets and placed pressure on the company’s near-term liquidity position. Reported cash and equivalents were $1.74B, separating immediately recognizable cash resources from the rest of the current-asset base. Cash and equivalents represented 8.0% of current liabilities, showing the portion of near-term obligations matched by reported cash alone. Borrowings totaled $3.38B, adding a fixed financing obligation alongside the company’s equity capital. Debt equaled 2.09x of book equity, describing the relative scale of borrowing and shareholder capital. Debt represented 12.3% of total assets, placing borrowing in the context of the company’s full resource base. Liabilities represented 94.1% of total assets, quantifying the liability-funded share of the company’s resource base. The cash-to-assets relationship was 6.3%, comparing reported cash and equivalents with the full positive asset balance. Total assets were 48.0% higher than fiscal 2025 assets of $18.54B, measuring the company’s own balance-sheet change.

Cash Flow and Earnings Quality

Cash flow from operations was $2.00B, a reported cash inflow that can be compared directly with net income and capital spending. The operating-cash-flow-to-net-income relationship was 1.92x, comparing cash generated by operations with the bottom-line earnings result. Capital expenditures used $628.00M, identifying the reported investment outflow deducted from operating cash flow in the free-cash-flow calculation. Relative to operating cash flow, capital expenditures measured 31.4%, connecting investment intensity with the company’s cash-generation base. After capital spending, free cash flow was $1.37B, leaving cash available for debt reduction, shareholder returns, or further investment. The free-cash-flow margin was 3.8%, measuring cash remaining after capital spending against revenue. Measured against total assets, free cash flow represented 5.0%, showing the cash productivity of the company’s assets.

Based on the annual report for the fiscal year ending Aug 31, 2026. Analysis generated Oct 26, 2026.