Jabil Raises Full-Year Outlook After Strong Q3 Beat

The electronics manufacturer posted third-quarter revenue of $8.8 billion and lifted fiscal 2026 guidance, citing strong demand for AI infrastructure and recovery in automotive.

By the FiledFeed automated desk Jun 18, 2026 3:04 AM ET

This summary was generated by AI from the company's SEC filing and may contain errors — always verify against the primary source on SEC.gov.

The short version

Jabil Inc. reported third-quarter fiscal 2026 revenue of $8.8 billion and diluted earnings per share of $2.59, beating its own expectations. The company raised its full-year fiscal 2026 outlook for revenue, margins, EPS, and free cash flow, citing strong AI infrastructure demand and better-than-expected performance in automotive and connected-living segments.

Jabil Inc. (NYSE: JBL) on June 17, 2026, posted third-quarter results that topped expectations and prompted the company to raise its full-year outlook.

Third Quarter Results

For the three months ended May 31, 2026, Jabil reported net revenue of $8.8 billion and U.S. GAAP diluted earnings per share of $2.59. The company's core operating income (a non-GAAP measure that excludes certain one-time items and accounting adjustments) was $504 million, with core diluted EPS of $3.16.

"Jabil delivered a very strong third quarter, with results ahead of our expectations across revenue, core operating margin, core EPS, and free cash flow," CEO Mike Dastoor said in the filing.

Full-Year Outlook Raised

The company raised its fiscal 2026 outlook, now targeting $35 billion in net revenue, a core operating margin of 5.8%, core diluted earnings per share of $12.70, and adjusted free cash flow of $1.4 billion or more.

Business Momentum

Dastoor attributed the strength to sustained demand for AI infrastructure equipment, saying "AI infrastructure demand remains extremely strong, and our full-year AI-related revenue outlook is now meaningfully higher." He also noted improvement in previously struggling areas: "At the same time, we continued to see better-than-expected performance in areas of the portfolio that had previously been under pressure, particularly in Automotive and Connected Living."

Fourth Quarter Guidance

For the fourth quarter of fiscal 2026, Jabil guided to net revenue of $9.2 billion to $10.0 billion, with core operating income of $589 million to $649 million and core diluted EPS of $3.80 to $4.20 per share.

The company will hold a conference call at 8:30 a.m. ET on June 17, 2026, to discuss the earnings results, with a replay available on its investor relations website.

Key facts

Jabil Inc. (NYSE: JBL) reported Q3 FY2026 net revenue of $8.8 billion

Q3 diluted EPS (U.S. GAAP) was $2.59; core diluted EPS (non-GAAP) was $3.16

Q3 core operating income (non-GAAP) was $504 million

Full-year FY2026 outlook raised to $35 billion net revenue

Full-year core operating margin (non-GAAP) guidance: 5.8%

Full-year core diluted EPS (non-GAAP) guidance: $12.70

Full-year adjusted free cash flow (non-GAAP) guidance: $1.4 billion or more

Q4 FY2026 revenue guidance: $9.2 billion to $10.0 billion

Q4 core diluted EPS (non-GAAP) guidance: $3.80 to $4.20

CEO Mike Dastoor cited strong AI infrastructure demand and recovery in automotive and connected-living segments

Filing date: June 17, 2026

Why it matters

Jabil is a major electronics manufacturer and contract assembler for global brands. Strong results and an upward guidance revision signal robust demand for its services, particularly in the booming AI infrastructure space — a key growth driver for many tech suppliers. The company's improved outlook in automotive and other previously weak areas suggests a broader business recovery. For retail investors, this is a concrete signal that Jabil is benefiting from the AI boom while managing to stabilize other business lines, reducing reliance on any single segment.

Frequently asked

What were Jabil's third-quarter revenue and earnings?

For the three months ended May 31, 2026, Jabil reported net revenue of $8.8 billion, U.S. GAAP diluted EPS of $2.59, and core diluted EPS (non-GAAP) of $3.16.

Why did Jabil raise its full-year guidance?

CEO Mike Dastoor cited strong AI infrastructure demand and better-than-expected performance in automotive and connected-living segments, which had previously been under pressure.

What is Jabil's new full-year fiscal 2026 outlook?

Jabil raised its FY2026 guidance to $35 billion in net revenue, 5.8% core operating margin (non-GAAP), $12.70 core diluted EPS (non-GAAP), and $1.4 billion or more in adjusted free cash flow (non-GAAP).

What is the difference between U.S. GAAP and core (non-GAAP) EPS?

Core EPS excludes one-time items and accounting adjustments such as amortization, stock-based compensation, restructuring charges, and certain other costs. Core measures are intended to show underlying operating performance.

What the filing reported

2.02 Results of Operations & Financial Condition

9.01 Financial Statements & Exhibits