The Q4 revenue miss vs consensus is overshadowed by the exceptionally strong FY2027 outlook — 24% revenue growth and 34% EPS growth with margin expansion. The AI infrastructure narrative is clearly accelerating. Watch for the investor briefing and conference call for details on AI revenue mix and capacity expansion plans.
Price Chart
Executive Summary
Jabil reported Q4 FY2026 core diluted EPS of $4.40, beating consensus of $4.05 by 8.6%, on revenue of $10.616B vs $11.01B estimate (a 3.6% miss). The company issued a strong FY2027 outlook with revenue of $44.5B (+24% YoY), core EPS of $17.55 (+34% YoY), and core operating margin expansion to 6.1%, driven by accelerating AI infrastructure demand and broad-based growth across automotive, healthcare, and defense end markets.
Key Financial Metrics
Key Facts
- Q4 FY2026 net revenue $10.616B vs consensus $11.01B (miss of 3.6%)
- Q4 FY2026 core diluted EPS $4.40 vs consensus $4.05 (beat of 8.6%)
- FY2026 full-year revenue $35.954B, up 21% YoY from $29.802B
- FY2026 core diluted EPS $13.09, up 34% YoY from $9.75
- FY2026 adjusted free cash flow $1.532B, up from $1.318B in FY2025
- FY2027 outlook: revenue $44.5B (+24%), core EPS $17.55 (+34%), core margin 6.1% (+30bps)
- Q1 FY2027 guidance: revenue $10.6B-$11.4B, core EPS $3.80-$4.20
- AI infrastructure demand cited as key growth driver; FY2027 AI revenue outlook meaningfully higher
Financial Impact
Q4 core EPS beat of $0.35 vs consensus; FY2027 EPS guidance of $17.55 implies 34% YoY growth; revenue guidance of $44.5B implies 24% YoY growth
Risk Factors
- Q4 revenue of $10.616B missed consensus of $11.01B by 3.6%
- Heavy working capital build: accounts receivable +$2.4B, inventory +$2.7B, prepaids +$2.5B in FY2026
- Customer concentration risk — dependence on a limited number of customers
- Execution risk on bringing new capacity online to support 24% revenue growth
Investment Themes
Documents Analyzed
This report is based on 6 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001628280-26-063890 |
| Document: jbl-20260930.htm | 0001628280-26-063890 |
| Document: 0001628280-26-063890-index-headers.html | 0001628280-26-063890 |
| Document: 0001628280-26-063890-index.html | 0001628280-26-063890 |
| Document: 0001628280-26-063890.txt | 0001628280-26-063890 |
| 8-K Data (Synthetic) | 0001628280-26-063890 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 27, 2026 today | Institutional Cluster | $283.40 | awaiting T+1 | — | $283.29 (−0.04%) |
Oct 23, 2026 4d ago | Institutional Cluster | $273.97 $275.68 | ▲ +0.62% | ▼ −0.09% | $283.29 (+3.40%) |
Oct 20, 2026 7d ago | 144 | $280.99 $267.41 | ▼ −4.83% | ▼ −3.65% | $283.29 (+0.82%) |
Sep 30, 2026 27d ago | 8-K | $286.86 $299.79 | ▲ +4.51% | ▲ +4.33% | $283.29 (−1.24%) |
Aug 5, 2026 11w ago | Insider Cluster | $344.60 $341.15 | ▼ −1.00% | ▼ −1.61% | $283.29 (−17.79%) |
Jun 17, 2026 18w ago | 8-K | $374.98 $371.88 | ▼ −0.83% | ▼ −1.61% | $283.29 (−24.45%) |
Apr 17, 2026 27w ago | 144 | $330.28 $333.68 | ▲ +1.03% | ▲ +1.68% | $283.29 (−14.23%) |
Apr 16, 2026 27w ago | Insider Cluster | $337.41 $342.39 | ▲ +1.48% | ▲ +1.26% | $283.29 (−16.04%) |
Apr 13, 2026 28w ago | Insider Cluster | $305.37 $305.97 | ▼ −0.20% | ▲ +1.01% | $283.29 (+7.23%) |
Apr 9, 2026 28w ago | Insider Cluster | $299.50 $305.37 | ▼ −1.96% | ▼ −0.98% | $283.29 (+5.41%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Create a free account Live analysis, Telegram alerts, watchlists and the MCP server for subscribers