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How Jabil (JBL) makes money

Jabil (JBL) made $10.6B of revenue in the fourth quarter fiscal 2026 (Q4 FY26), +29% from a year earlier. Of every dollar of revenue, 9¢ was left as gross profit, 6¢ was left as operating profit, 4¢ was left as net earnings.

Drawing the Sankey…

Jabil revenue by quarterJabil revenue by quarter$6.7BQ2 FY25$7.8BQ3 FY25$8.3BQ4 FY25$8.3BQ1 FY26$8.3BQ2 FY26$8.8BQ3 FY26$10.6BQ4 FY26
Jabil: where each dollar of revenue goesJabil: where each dollar of revenue goesCost of revenue91¢Gross profit9¢Operating expenses4¢Operating profit6¢Income tax1¢Net earnings4¢Operating cash flow7¢Free cash flow5¢

Where each dollar of revenue goes

LineQ4 FY26% of revenue
Revenue$10.6B100.0%
Cost of revenue$9.6B90.6%
Gross profit$1.0B9.4%
Operating expenses$399M3.8%
Operating profit$602M5.7%
Income tax$125M1.2%
Net earnings$397M3.7%
Operating cash flow$733M6.9%
Free cash flow$487M4.6%

Revenue, quarter by quarter

QuarterRevenueY/Y
Q4 FY26$10.6B+29%
Q3 FY26$8.8B+12%
Q2 FY26$8.3B+23%
Q1 FY26$8.3B+19%
Q4 FY25$8.3B+18%
Q3 FY25$7.8B+16%
Q2 FY25$6.7B-0.6%

From Jabil's 10-K filed Oct 23, 2026 (on EDGAR).

Questions

How does Jabil make money?

Jabil (JBL) made $10.6B of revenue in the fourth quarter fiscal 2026 (Q4 FY26), +29% from a year earlier. Of every dollar of revenue, 9¢ was left as gross profit, 6¢ was left as operating profit, 4¢ was left as net earnings.

What is Jabil's profit margin?

Net earnings were $397M, 3.7% of revenue, in the fourth quarter fiscal 2026; the operating margin was 5.7%.

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Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.