AI‑Fueled Growth

Jabil’s fiscal 2026 Q3, ending May 31, posted a 12 % year‑over‑year revenue rise to $8.8 billion, topping the $8.55 billion consensus. U.S. GAAP operating income was $445 million, with core operating income of $504 million. GAAP diluted EPS climbed to $2.59, while core diluted EPS hit $3.16, beating the $3.08 consensus; adjusted EPS of $3.16 outperformed the $3.12 expectation. Free cash flow topped $1.4 billion. Five of seven sub‑segments achieved double‑digit growth, driven by a 47 % surge in cloud and data‑center infrastructure demand powered by AI workloads. The regulated‑industries segment grew 4 % YoY, intelligent‑infrastructure sales jumped 21 %, and connected‑living and digital‑commerce increased 5 %. CEO Mike Dastoor emphasized a “land‑and‑expand” strategy, noting the construction of additional manufacturing facilities to satisfy rising AI‑focused data‑center orders and highlighting strong networking product demand, particularly in India.