Jabil Raises Fiscal 2026 Guidance to $34B, Q2 Revenue Rises 23%
Jabil raised fiscal 2026 revenue forecast to $34 billion from $32.4 billion and boosted adjusted EPS guidance to $12.25 from $11.55, citing robust AI data center infrastructure demand. Second-quarter revenue rose 23% year-on-year to $8.28 billion and adjusted EPS of $2.69 topped analyst estimates of $7.74 billion and $2.51.
1. Annual Guidance Boosted
Jabil raised its full-year 2026 revenue forecast to $34 billion from $32.4 billion and lifted its adjusted EPS projection to $12.25 from $11.55, reflecting confidence in sustained growth.
2. Strong Second-Quarter Results
For Q2, Jabil reported revenue of $8.28 billion, up 23% year-on-year, and adjusted earnings per share of $2.69, both figures surpassing analyst expectations of $7.74 billion and $2.51 respectively.
3. Demand Driven by AI Infrastructure and Regulated Industries
Management cited robust spending on AI data center infrastructure and stronger-than-expected performance in regulated industries—including automotive and renewables—as key drivers for the earnings beat and upgraded outlook.