Filing Flows › Jabil (JBL) › Q1 FY26
Jabil (JBL) Q1 FY26 earnings results (first quarter fiscal 2026)
10-Q filed Jan 9, 2026
Jabil (JBL) reported revenue of $8.3B for the first quarter fiscal 2026 (Q1 FY26), +19% from a year earlier and +0.6% from the quarter before. Operating margin was 3.4%, net earnings $146M (1.8% of revenue).
Jabil, Q1 FY26: revenue $8.3B (+19% year over year), operating margin 3.4%, net earnings $146M, operating cash flow $323M. The chart follows the revenue to costs, profit and cash.
| Q1 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $8.3B | +0.6% | +19% |
| Gross profit | $742M | -5% | +22% |
| Operating profit | $283M | -16% | +44% |
| Net earnings | $146M | -33% | +46% |
| Operating cash flow | $323M | -45% | +4% |
| Free cash flow | $228M | -46% | +6% |
What changed
Revenue was $8.3B in Q1 FY26, up 19% year over year and up 1% from the previous quarter.
Gross margin was 8.9%, up 0.3 points from a year earlier. Operating profit was $0.28B, a 3.4% margin (up 0.6 points year over year). Of the extra revenue versus a year earlier, 7% reached operating profit, above the 3% margin then. Operating expenses grew 12% against revenue growth of 19%. The fastest-growing cost line was SG&A (+13%). Net earnings were $0.15B, up 46% year over year. The effective tax rate was 33.6%.
Operating cash flow was $0.32B (up 4% year over year), 221% of net earnings. Non-cash charges added back $0.27B of depreciation and amortization and $0.06B of share-based compensation. Working capital and other items used $0.15B. Capital expenditures of $0.10B left free cash flow of $0.23B.
Questions
What was Jabil's revenue in the first quarter fiscal 2026?
Jabil (JBL) reported revenue of $8.3B for the first quarter fiscal 2026 (Q1 FY26), +19% from a year earlier and +0.6% from the quarter before.
Was Jabil profitable in the first quarter fiscal 2026?
Operating profit was $283M (3.4% of revenue) and net earnings $146M.
Source: Jabil 10-Q on SEC EDGAR.