What is the primary revenue source for Jabil (JBL)?

According to the latest financial reports, the company's revenue is driven by its core business segments and operational services. You can explore the exact breakdown and proportions of each revenue stream using the interactive charts on this page.

How can I visualize and analyze JBL's financial statements?

gkcal provides interactive Sankey diagrams and profit waterfall charts that map out Jabil's total revenue, cost of goods sold, operating expenses, and net income, making it easy to understand their business model and cash flow at a glance.

How Jabil Makes Money: JBL Revenue Breakdown (2026)

Operations

Where did the money come from, and where was it spent?

Steady

Revenue and operating profit grew together, indicating healthy core operations.

Revenue: USD 25.34B
Largest revenue segment share (Intelligent Infrastructure): 47.56%
Cost of revenue: USD 23.02B
Selling, general and administrative: USD 1.01B

View calculation evidence

YoY periods: 9M 2026 compared with 9M 2025

Source metrics

Largest revenue segment share (Intelligent Infrastructure)Intelligent Infrastructure · segment_value / revenue * 100
RevenueNet revenue · RevenueFromContractWithCustomerExcludingAssessedTax
Cost of revenueCost of revenue · CostOfGoodsAndServicesSold
Selling, general and administrativeSelling, general and administrative · SellingGeneralAndAdministrativeExpense

Assets

Where is the money tied up, and how is the company financed?

Watch

Current assets do not cover near-term liabilities, indicating short-term funding pressure.

Inventory: USD 5.93B
Accounts receivable: USD 5.47B
Property, plant and equipment: USD 2.90B
Total liabilities: USD 22.49B
Shareholder equity: USD 1.33B

View calculation evidence

YoY periods: 9M 2026 compared with 9M 2025

Source metrics

Property, plant and equipmentProperty, plant and equipment, net of accumulated depreciation of $5,127 as of may 31, 2026, and $4,970 as of august 31, 2025 · PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
Shareholder equityTotal equity · StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
Total liabilitiesTotal liabilities · Liabilities
InventoryInventories, net of reserve for excess and obsolete inventory · InventoryNet
Accounts receivableAccounts receivable, net of allowance for credit losses · AccountsAndOtherReceivablesNetCurrent

Cash

Did accounting profit ultimately turn into cash?

Steady

Operating cash flow covers accounting profit, showing good cash conversion.

Operating cash flow equals 197.05% of net income.

Free cash flow remains positive after capital expenditure.

Net income: USD 644.00M
Operating cash flow: USD 1.27B
Cash conversion: 197.05%
Free cash flow: USD 887.00M

View calculation evidence

YoY periods: 9M 2026 compared with 9M 2025

Source metrics

Net incomeNet income attributable to jabil inc. · NetIncomeLoss
Free cash flowcfo - capex
Cash conversionoperating_cash_flow / net_income * 100
Operating cash flowsum(waterfull.operating)

Shareholders

Did the money earned actually make its way back to shareholders?

Watch

Dividends and net buybacks exceed free cash flow, raising questions about sustainability.

Cash dividends: USD 27.00M
Share repurchases: USD 891.00M
Net shareholder return: USD 918.00M

View calculation evidence

YoY periods: 9M 2026 compared with 9M 2025

Source metrics

Cash dividendsPayments of dividends · PaymentsOfDividends · abs(node_value)
Net shareholder returndividends_paid + share_repurchases - stock_issuance_proceeds
Share repurchasesPayments for repurchase of common stock · PaymentsForRepurchaseOfCommonStock · abs(node_value)

Diluted share count is missing, so dilution cannot be assessed against buybacks.

Financial Insights

Please select a report to view

Where did the money come from, and where was it spent?

Where is the money tied up, and how is the company financed?

Did accounting profit ultimately turn into cash?

Did the money earned actually make its way back to shareholders?