Jabil Posts Strong Q3 Earnings, Raises Outlook, Shares Slip

Jabil Inc., a global manufacturing solutions provider, reported strong fiscal third-quarter results on Wednesday, June 17, 2026, exceeding analyst expectations and raising its full-year outlook. Despite the positive earnings, the company's stock closed the trading session down approximately 2.6%.

The St. Petersburg, Florida-based company reported adjusted earnings per share of $3.16 for the quarter, surpassing the consensus estimate of $3.08. Revenue reached $8.8 billion, a roughly 12% year-over-year increase and above the forecast of $8.55 billion. On a GAAP basis, net income was $275 million, or $2.59 per share.

Chief Executive Officer Mike Dastoor described the period as a very strong third quarter, noting that performance exceeded internal expectations across multiple metrics, including revenue, operating margin, earnings per share, and free cash flow. He highlighted robust demand for AI infrastructure as a significant growth catalyst, stating that the company's full-year AI-related revenue projection has increased meaningfully.

Following the results, Jabil elevated its financial guidance for fiscal year 2026. The company now expects full-year revenue of approximately $35...