Jabil Inc. (JBL) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|
| Sales/Revenue | 8.75B | 8.28B | 8.3B | 8.25B | 7.83B | 6.73B | 6.99B | 6.96B | 6.76B | 6.77B | 8.39B | 8.46B | 8.47B | 8.13B | 9.63B | 9.03B | 8.33B | 7.55B | 8.57B | 7.41B |
| Revenue Growth % | 11.79% | 23.1% | 18.74% | 18.5% | 15.71% | -0.58% | -16.61% | -17.66% | -20.18% | -16.81% | -12.95% | -6.33% | 1.77% | 7.69% | 12.47% | 21.87% | 15.43% | 10.62% | 9.37% | 1.5% |
| Cost of Goods Sold | 7.92B | 7.54B | 7.56B | 7.47B | 7.15B | 6.15B | 6.39B | 6.3B | 6.16B | 6.14B | 7.61B | 7.69B | 7.78B | 7.47B | 8.89B | 8.3B | 7.71B | 6.94B | 7.89B | 6.82B |
| COGS % of Revenue | 90.54% | 90.99% | 91.07% | 90.51% | 91.3% | 91.44% | 91.34% | 90.48% | 91.01% | 90.69% | 90.76% | 90.94% | 91.78% | 91.87% | 92.29% | 91.93% | 92.57% | 91.94% | 92.12% | 92.08% |
| Gross Profit | 828M | 746M | 742M | 783M | 681M | 576M | 606M | 663M | 608M | 630M | 775M | 766M | 697M | 661M | 743M | 729M | 619M | 609M | 675M | 586.72M |
| Gross Margin % | 9.46% | 9.01% | 8.93% | 9.49% | 8.7% | 8.56% | 8.66% | 9.52% | 8.99% | 9.31% | 9.24% | 9.06% | 8.22% | 8.13% | 7.71% | 8.07% | 7.43% | 8.06% | 7.88% | 7.92% |
| Gross Profit Growth % | 21.59% | 29.51% | 22.44% | 18.1% | 12.01% | -8.57% | -21.81% | -13.45% | -12.77% | -4.69% | 4.31% | 5.08% | 12.6% | 8.54% | 10.07% | 24.25% | 8.98% | 7.03% | 6.3% | 19.57% |
| Operating Expenses | 383M | 359M | 459M | 446M | 278M | 331M | 409M | 345M | 347M | -501M | 472M | 325M | 322M | 302M | 381M | 320M | 298M | 296M | 325M | 321.79M |
| OpEx % of Revenue | 4.38% | 4.33% | 5.53% | 5.4% | 3.55% | 4.92% | 5.85% | 4.95% | 5.13% | -7.4% | 5.63% | 3.84% | 3.8% | 3.71% | 3.95% | 3.54% | 3.58% | 3.92% | 3.79% | 4.34% |
| Selling, General & Admin | 340M | 329M | 344M | 287M | 274M | 256M | 305M | 270M | 268M | 308M | 314M | 295M | 307M | 285M | 319M | 284M | 282M | 280M | 308M | 298.75M |
| SG&A % of Revenue | 3.89% | 3.97% | 4.14% | 3.48% | 3.5% | 3.81% | 4.36% | 3.88% | 3.96% | 4.55% | 3.74% | 3.49% | 3.62% | 3.5% | 3.31% | 3.15% | 3.39% | 3.71% | 3.6% | 4.03% |
| Research & Development | 9M | 7M | 7M | 4M | 7M | 7M | 8M | 10M | 9M | 10M | 10M | 9M | 8M | 8M | 9M | 8M | 8M | 8M | 9M | 6.86M |
| R&D % of Revenue | 0.1% | 0.08% | 0.08% | 0.05% | 0.09% | 0.1% | 0.11% | 0.14% | 0.13% | 0.15% | 0.12% | 0.11% | 0.09% | 0.1% | 0.09% | 0.09% | 0.1% | 0.11% | 0.11% | 0.09% |
| Other Operating Expenses | 1000K | 1000K | 1000K | 1000K | -1000K | 1000K | 1000K | 1000K | 1000K | -1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Operating Income | 445M | 387M | 283M | 337M | 403M | 245M | 197M | 318M | 261M | 1.13B | 303M | 441M | 375M | 359M | 362M | 409M | 321M | 313M | 350M | 264.93M |
| Operating Margin % | 5.09% | 4.67% | 3.41% | 4.08% | 5.15% | 3.64% | 2.82% | 4.57% | 3.86% | 16.71% | 3.61% | 5.21% | 4.42% | 4.41% | 3.76% | 4.53% | 3.85% | 4.14% | 4.09% | 3.58% |
| Operating Income Growth % | 10.42% | 57.96% | 43.65% | 5.97% | 54.41% | -78.34% | -34.98% | -27.89% | -30.4% | 215.04% | -16.3% | 7.82% | 16.82% | 14.7% | 3.43% | 54.38% | 33.75% | 32.63% | 11.46% | 34.44% |
| EBITDA | 445M | 569M | 550M | 389M | 652M | 436M | 379M | 457M | 462M | 1.28B | 509M | 613M | 613M | 610M | 625M | 566M | 565M | 568M | 619M | 496.18M |
| EBITDA Margin % | 5.09% | 6.87% | 6.62% | 4.71% | 8.33% | 6.48% | 5.42% | 6.56% | 6.83% | 18.93% | 6.07% | 7.25% | 7.23% | 7.5% | 6.49% | 6.27% | 6.78% | 7.52% | 7.23% | 6.7% |
| EBITDA Growth % | -31.75% | 30.5% | 45.12% | -14.88% | 41.13% | -65.96% | -25.54% | -25.45% | -24.63% | 110% | -18.56% | 8.3% | 8.5% | 7.39% | 0.97% | 14.07% | 18.45% | 18.33% | 9.95% | 26.92% |
| D&A (Non-Cash Add-back) | 0 | 182M | 267M | 52M | 249M | 191M | 182M | 139M | 201M | 150M | 206M | 172M | 238M | 251M | 263M | 157M | 244M | 255M | 269M | 231.26M |
| EBIT | 445M | 343M | 254M | 373M | 383M | 221M | 177M | 294M | 239M | 1.11B | 282M | 360M | 357M | 342M | 347M | 398M | 317M | 317M | 357M | 269.58M |
| Net Interest Income | -79M | -74M | -63M | -94M | -75M | -37M | -38M | -41M | -38M | -47M | -47M | -52M | -51M | -55M | -48M | -43M | -38M | -33M | -32M | -31.92M |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 18M | 0 | 0 | 3M | 1M | 0 | 1M | 901K |
| Interest Expense | 79M | 74M | 63M | 94M | 75M | 37M | 38M | 41M | 38M | 47M | 47M | 52M | 69M | 55M | 48M | 46M | 39M | 33M | 33M | 32.83M |
| Other Income/Expense | -79M | -87M | -63M | -58M | -113M | -61M | -58M | -65M | -60M | -69M | -68M | -71M | -69M | -72M | -63M | -57M | -43M | -29M | -33M | -28.17M |
| Pretax Income | 366M | 300M | 220M | 279M | 290M | 184M | 139M | 253M | 201M | 1.06B | 235M | 370M | 306M | 287M | 299M | 352M | 278M | 284M | 317M | 236.76M |
| Pretax Margin % | 4.18% | 3.62% | 2.65% | 3.38% | 3.7% | 2.73% | 1.99% | 3.63% | 2.97% | 15.69% | 2.8% | 4.37% | 3.61% | 3.53% | 3.1% | 3.9% | 3.34% | 3.76% | 3.7% | 3.2% |
| Income Tax | 91M | 78M | 74M | 61M | 68M | 67M | 39M | 115M | 72M | 135M | 41M | 215M | 73M | 80M | 76M | 37M | 60M | 62M | 76M | 62.14M |
| Effective Tax Rate % | 24.86% | 26% | 33.64% | 21.86% | 23.45% | 36.41% | 28.06% | 45.45% | 35.82% | 12.71% | 17.45% | 58.11% | 23.86% | 27.87% | 25.42% | 10.51% | 21.58% | 21.83% | 23.97% | 26.25% |
| Net Income | 275M | 223M | 146M | 218M | 222M | 117M | 100M | 138M | 129M | 927M | 194M | 155M | 233M | 207M | 223M | 315M | 218M | 222M | 241M | 175M |
| Net Margin % | 3.14% | 2.69% | 1.76% | 2.64% | 2.84% | 1.74% | 1.43% | 1.98% | 1.91% | 13.7% | 2.31% | 1.83% | 2.75% | 2.54% | 2.31% | 3.49% | 2.62% | 2.94% | 2.81% | 2.36% |
| Net Income Growth % | 23.87% | 90.6% | 46% | 57.97% | 72.09% | -87.38% | -48.45% | -10.97% | -44.64% | 347.83% | -13% | -50.79% | 6.88% | -6.76% | -7.47% | 80% | 28.63% | 46.39% | 20.23% | 158.38% |
| Net Income (Continuing) | 275M | 222M | 146M | 218M | 222M | 117M | 100M | 138M | 129M | 927M | 194M | 155M | 233M | 207M | 223M | 315M | 218M | 222M | 241M | 174.62M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 4M | 5M | 3M | 4M | 2M | 0 | 0 | 0 | 0 | 0 | 1M | 1M | 1M | 1M | 1M | 1M | 1M | 1M | 1M | 1M |
| EPS (Diluted) | 2.59 | 2.08 | 1.35 | 1.99 | 2.03 | 1.06 | 0.88 | 1.18 | 1.06 | 7.31 | 1.47 | 1.16 | 1.72 | 1.52 | 1.62 | 2.25 | 1.52 | 1.52 | 1.63 | 1.16 |
| EPS Growth % | 27.59% | 96.23% | 53.41% | 68.64% | 91.51% | -85.5% | -40.14% | 1.72% | -38.37% | 380.92% | -9.26% | -48.44% | 13.16% | 0% | -0.61% | 93.97% | 35.71% | 53.54% | 24.43% | 163.64% |
| EPS (Basic) | 2.61 | 2.09 | 1.37 | 2.03 | 2.05 | 1.06 | 0.89 | 1.20 | 1.08 | 7.40 | 1.50 | 1.18 | 1.76 | 1.55 | 1.65 | 2.30 | 1.55 | 1.52 | 1.68 | 1.20 |
| Diluted Shares Outstanding | 106.5M | 107.6M | 108.3M | 109.2M | 111.5M | 111.1M | 114M | 116.7M | 121.7M | 126.9M | 132.1M | 134.1M | 135.1M | 136.3M | 138M | 140.3M | 143.3M | 146.4M | 147.7M | 150.12M |
| Basic Shares Outstanding | 105.3M | 106.5M | 107M | 107.5M | 110.2M | 110M | 112.7M | 115.1M | 119.9M | 125.2M | 129.6M | 131.2M | 132.3M | 133.6M | 134.8M | 137M | 140.4M | 143.5M | 144.1M | 145.72M |
| Dividend Payout Ratio | 3.27% | 3.59% | 6.85% | 3.67% | 4.05% | 7.69% | 10% | 7.25% | 7.75% | 1.08% | 6.19% | 7.1% | 4.72% | 5.31% | 5.38% | 3.49% | 5.5% | 4.96% | 5.81% | 6.93% |