ST. PETERSBURG, FL – Jabil reported second-quarter revenue of $8.3 billion, up 23% year over year from $6.7 billion. Operating income reached $374 million, while net income totaled $223 million. 

CEO Mike Dastoor said performance exceeded expectations across revenue, margins, and earnings, citing “continued momentum in Intelligent Infrastructure,” including demand across cloud and data center infrastructure, networking, communications, and capital equipment. The company also reported improvement in regulated industries, with automotive and renewables outperforming earlier forecasts.

Based on strong results and improving visibility, Jabil raised its fiscal 2026 outlook. The company now expects full-year revenue of $34 billion, with a core operating margin of 5.7% and adjusted free cash flow exceeding $1.3 billion.

For the third quarter, Jabil forecasts revenue between $8.1 billion and $8.9 billion.

The company pointed to sustained AI-driven demand as a key growth driver heading into the second half of the year.

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