Jabil AI revenue may reach $22.1 billion in fiscal 2027
Jabil, a contract electronics manufacturer, reported strong financial results for fiscal 2026, which ended on August 31. The company generated $36 billion in revenue, a 21% increase from the previous year. Non-GAAP earnings per share rose 34% to $13.09, driven by a 40-basis-point increase in core operating margin. AI infrastructure was the primary driver of this growth, with AI revenue reaching…
Key points
- Jabil reported $36 billion in fiscal 2026 revenue, up 21% year-over-year.
- AI revenue reached $14.4 billion in fiscal 2026, up from $5.4 billion previously.
- Jabil projects AI revenue of $22.1 billion in fiscal 2027, a 54% increase.
Jabil manufactures AI server racks, cooling systems, and power management solutions for major hyperscalers, including Meta Platforms, Amazon, and Alphabet's Google. According to investment bank UBS, these partnerships are central to Jabil's expansion. Management noted on the latest earnings call that one hyperscale customer has grown from a single capability into a storage program generating over $1 billion in annual revenue.
Looking ahead, Jabil expects its AI revenue to jump to $22.1 billion in fiscal 2027, representing a 54% increase. The article suggests that Jabil stock could double by 2030 as hyperscale customers continue to ramp up AI infrastructure deployments. This growth trajectory positions Jabil as a significant player in the AI hardware supply chain, distinct from chipmakers like Nvidia or Micron.
Prediction: A $10,000 Investment in This Artificial Intelligence (AI) Hardware Stock Will At Least Double by 2030 (Hint: It’s Not Nvidia or Micron)
finance.yahoo.com · 16 October 2026
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