Here are 1-3 brief analogies to describe Jabil:

• The **Foxconn** for a broad range of high-tech and industrial products, designing and building them for other brands.

• Like **Magna International**, but for electronics, medical devices, and other industrial products instead of just automotive.

• Electronics Design Services: Provides comprehensive design and engineering for electronic components, enclosures, and systems, including ASIC, firmware, 3D mechanical, and industrial design.
• Manufacturing Services: Offers production, systems assembly, and configure-to-order solutions for various electronic and electro-mechanical products.
• Product Management Services: Delivers end-to-end product lifecycle management, including bill of materials, vendor list generation, and direct-order fulfillment.
• Testing and Validation Services: Ensures product quality and compliance through various tests like product system, safety, regulatory, reliability, and manufacturing test solution development.

Jabil (symbol: JBL) primarily sells its manufacturing services and solutions to other companies. Based on the company's public filings, its major customers include:

• Apple Inc. (AAPL)
• Amazon.com, Inc. (AMZN)

Mike Dastoor, Chief Executive Officer and Director

Michael Dastoor was named Chief Executive Officer in May 2024 and appointed as a member of the Board of Directors in September 2024. Over his 24-year tenure at Jabil, he has held multiple leadership roles across Jabil's global markets, including serving as Executive Vice President, Chief Financial Officer from April 2018. Mr. Dastoor previously served as Senior Vice President, Controller from July 2010. Mr. Dastoor joined Jabil in 2000. He holds a degree in Finance and Accounting from the University of Bombay and is a Chartered Accountant from the Institute of Chartered Accountants in England and Wales.

Gregory Hebard, Chief Financial Officer

Greg Hebard was named Chief Financial Officer in May 2024. He most recently served as Senior Vice President, Treasurer since 2021. Since joining Jabil in 2009, Mr. Hebard has held roles of increasing responsibility in finance, including Senior Vice President, CFO Green Point from 2017 to 2021 and Vice President, Financial Planning & Analysis from 2013 to 2017. He holds a master's degree in business from DePaul University and a bachelor's degree in finance from the University of Iowa.

Andy Priestley, Executive Vice President, Chief Operations Officer

Andy Priestley has been Senior Vice President, Global Business Units since 2014. He joined Jabil in 1996 and has held positions of increasing responsibility across the company, including as Vice President, Global Business Units from 2012.

Kristine Melachrino, Executive Vice President, General Counsel

Kristine Melachrino was named Executive Vice President, General Counsel in March 2025. She most recently served as Senior Vice President, General Counsel since 2022. She joined Jabil in 2007 holding various roles in the legal department supporting the functional (Sales, Supply Chain, IT) and business teams globally. Prior to this role, Ms. Melachrino served as Vice President, Senior Deputy General Counsel for the global Commercial legal team and Assistant Corporate Secretary.

Steve Borges, Executive Vice President, Global Business Units

Steve Borges was named Executive Vice President & Chief Executive Officer, Diversified Manufacturing Services in 2022. Mr. Borges joined Jabil in 1993 and has global experience in positions of increasing responsibility across the company. He served as Executive Vice President, Chief Executive Officer, Regulated Industries from 2020, with additional responsibility for additive manufacturing. He previously served as Executive Vice President, Chief Executive Officer, Healthcare, from 2015.

The key risks to Jabil Inc.'s business include:

1. Intense Competition and Customer Concentration: Jabil operates in a highly competitive electronics manufacturing services (EMS) industry, facing challenges from both domestic and international providers, some of whom are significantly larger (e.g., Foxconn). This competitive pressure can lead to sales declines or profit compression. Furthermore, a substantial portion of Jabil's revenue is derived from a limited number of customers, making the company vulnerable if these key customers reduce their business or choose to internalize manufacturing operations, as seen with hyperscalers moving towards Original Design Manufacturer (ODM) models.
2. Supply Chain Disruptions and Component Shortages: Jabil's operations are highly dependent on the efficient procurement of components. The company faces significant risks from supply chain disruptions, including shortages of key components (such as those in the semiconductor industry) and price increases. Global expansion, geopolitical tensions, natural disasters, and pandemics can all disrupt the flow of materials and components, hindering production capabilities and leading to delays and increased operational costs.
3. Rapid Technological Changes and Obsolescence: The electronics manufacturing sector, particularly in high-growth areas like AI infrastructure, is characterized by rapid technological advancements. Jabil must continuously keep pace with these changes and offer advanced, cost-effective manufacturing services to remain competitive. The accelerating obsolescence cycle of new, advanced semiconductors, with an average lifespan of just 2-5 years, poses a significant risk for an EMS provider, potentially rendering certain components and manufacturing capabilities quickly obsolete.

Jabil Inc. (JBL) operates within several significant addressable markets globally. Here are the estimated market sizes for their main products and services:

• Electronics Manufacturing Services (EMS): The global Electronics Manufacturing Services (EMS) market size was valued at approximately USD 627.7 billion in 2024. It is projected to grow to about USD 1,087.81 billion by 2033, with a compound annual growth rate (CAGR) of 6.3% during the forecast period of 2026–2033.

• Medical Device Contract Manufacturing: The global medical device contract manufacturing market size was estimated at USD 87.15 billion in 2025 and is projected to reach around USD 244.34 billion by 2035, growing at a CAGR of 10.86% between 2026 and 2035.

• Automotive Electronics: The global automotive electronics market size was estimated at USD 262.60 billion in 2023 and is projected to reach USD 468.17 billion by 2030, growing at a CAGR of 8.8% from 2024 to 2030.

• 5G Infrastructure: The global 5G infrastructure market size was estimated at USD 41.39 billion in 2025 and is projected to reach USD 133.19 billion by 2033, growing at a CAGR of 13.1% from 2026 to 2033.

• Cloud Manufacturing: The global cloud manufacturing market reached a value of nearly USD 73.7 billion in 2023. It is expected to grow from USD 73.7 billion in 2023 to USD 168.4 billion in 2028 and further to USD 353.8 billion in 2033.

Jabil Inc. (JBL) is expected to drive future revenue growth over the next 2-3 years through several key strategic initiatives and expanding market opportunities. These drivers are primarily focused on high-growth sectors where Jabil can leverage its manufacturing services and solutions expertise.

1. Artificial Intelligence (AI) Data Center Infrastructure and Cloud Computing: Jabil anticipates significant revenue growth from its involvement in AI-related hardware manufacturing and design, including servers, racks, power distribution, and advanced cooling solutions for hyperscale data centers. The company projected approximately $8.5 billion in AI-related revenues in 2025, with an expected annual surge exceeding 50%. Furthermore, Jabil anticipates AI-related revenue to reach about $11.2 billion in fiscal year 2026, increasing from $9 billion in FY25, and management expects AI-related revenue to reach $12.1 billion in FY26, representing a 35% year-over-year growth rate. Strategic investments, such as a new facility in the Southeastern U.S. for AI data center infrastructure and the acquisition of Hanley Energy and Intel's Silicon Photonics business, are bolstering Jabil's capabilities in this area. Jabil's "Intelligent Infrastructure" segment, which includes cloud and data center providers, is a major growth engine, with Q1 FY26 revenue in this segment surging 54% year over year.

2. Healthcare: The healthcare sector is a consistent and strong growth driver for Jabil, particularly within its Diversified Manufacturing Services (DMS) segment. This segment, alongside automotive and transportation, has shown robust performance. Jabil is strategically focusing on healthcare as a high-growth area, especially following the divestiture of its mobility business. Management expects healthcare to be a major growth driver in fiscal year 2026 and beyond.

3. Advanced Automation for Warehouses and Retail: Jabil identifies advanced automation, specifically in warehouse and retail applications, as another key strategic sector contributing to its future revenue growth. This falls under the Diversified Manufacturing Services segment and is expected to be a significant driver in 2026.

4. Automotive and Electric Vehicles (EVs): Jabil's automotive and transportation businesses have demonstrated strong performance, including approximately 11% growth in Q2 FY24 on a like-for-like basis within the DMS segment. The company anticipates continued multi-year growth in electric vehicles, which are increasingly relying on advanced electronic manufacturing services.

Share Repurchases

• Jabil authorized a new share repurchase program of up to $1 billion in July 2025.
• The company repurchased $1.0 billion of its common stock in fiscal year 2025.
• Jabil had a $2.5 billion stock buyback plan authorized for fiscal year 2024.

Share Issuance

• Jabil issued a warrant to Amazon.com NV Investment Holdings LLC, allowing for the acquisition of up to 1,158,539 shares.

Outbound Investments

• Jabil acquired Hanley Energy Group for approximately $725 million in November 2025, enhancing its energy management and critical power solutions for the data center infrastructure market.
• The company acquired Pharmaceutics International, Inc. in February 2025 and Mikros Technologies LLC in October 2024, the latter a provider of liquid cooling and thermal management technology.
• In 2023, Jabil acquired ProcureAbility, Retronix, and Intel's silicon photonics transceiver business.

Capital Expenditures

• Jabil plans a multi-year investment of approximately $500 million to expand its manufacturing footprint in the Southeast United States, focusing on cloud and AI data center infrastructure, with a new plant expected to be operational by mid-2026.
• Capital expenditures for fiscal year 2026 are anticipated to be in the range of 1.5% to 2.0% of net revenue, supporting ongoing maintenance and investments in key segments.
• The company's Capital Expenditure (Last 12 Months) was $314 million as of November 2025.