Jabil opened fiscal 2026 with strong first-quarter results, reporting better-than-expected earnings and raising its full-year outlook.
The St. Petersburg-based manufacturer posted $8.3 billion in Q1 revenue and core diluted earnings per share of $2.85, driven by demand across infrastructure, regulated industries and digital commerce.
“Fiscal 2026 is off to an excellent start,” CEO Mike Dastoor said, pointing to gains in revenue, margins and earnings.
Q1 fiscal 2026 results at a glance
For the quarter ended Nov. 30, 2025, Jabil reported:
- Net revenue of $8.3 billion
- U.S. GAAP operating income of $283 million
- U.S. GAAP diluted EPS of $1.35
- Core operating income non-GAAP of $454 million
- Core diluted EPS non-GAAP of $2.85
The results exceeded internal expectations and reflected broad-based strength across the company’s portfolio.
Why Jabil matters to Tampa Bay’s economy
Jabil is one of the largest public companies in Tampa Bay and among the biggest companies headquartered in Tampa, Florida, with global operations spanning more than 100 facilities worldwide.
As one of the region’s most visible manufacturers, Jabil’s performance is often viewed as a bellwether for:
- Advanced manufacturing demand
- Infrastructure and data center investment
- Supply chain and logistics activity
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Its scale places it alongside other top public companies in Tampa Bay, making earnings results relevant not just to investors but to the broader local business community.
Business segments driving performance
Jabil said its Intelligent Infrastructure segment continues to be a major growth engine, supported by demand in cloud computing, data centers, networking and capital equipment.
The company also reported stronger-than-expected results in Regulated Industries and Connected Living and Digital Commerce, giving management confidence heading into the rest of the year.
Jabil raises full-year fiscal 2026 outlook
Based on improved visibility and momentum, the company raised its fiscal 2026 guidance.
Jabil now expects:
- Net revenue of $32.4 billion
- Core operating margin non-GAAP of 5.7%
- Core diluted EPS non-GAAP of $11.55
- Adjusted free cash flow of more than $1.3 billion
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The updated outlook reflects confidence across multiple end markets rather than reliance on a single growth driver.
What the outlook means for Jabil stock
While Jabil stock can move day to day, management said the focus remains on long-term value creation through margin expansion, disciplined capital spending and strong cash flow.
For investors watching Jabil stock price trends, the raised outlook signals confidence in demand across infrastructure and regulated markets heading into the second half of the fiscal year.
Q2 fiscal 2026 guidance
For the second quarter, Jabil expects:
- Net revenue between $7.5 billion and $8.0 billion
- U.S. GAAP operating income between $312 million and $382 million
- U.S. GAAP diluted EPS between $1.70 and $2.19
- Core diluted EPS non-GAAP between $2.27 and $2.67
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The company said the guidance reflects continued demand while maintaining a cautious view of broader economic conditions.
What comes next
Looking ahead, Jabil said it will remain focused on scaling high-growth infrastructure programs, executing strategic acquisitions and maintaining strong free cash flow.
As one of the top companies in Tampa, Jabil’s performance will continue to be closely watched by investors, suppliers and the regional business community alike.
About Jabil
Jabil is a global provider of engineering, supply chain and manufacturing solutions, partnering with leading brands across a wide range of industries.