Jabil

Sources - 38

Every claim above cites one of these, or states the reasoning that derived it. The quote is frozen at the date it was read: a link can rot, and an agent fetch returns a reading of a page rather than the page. Backs counts the whole claim ledger, so it can name a claim this page does not surface.

1. S01primarycompany filing2025-10-17
   Jabil 10-K, fiscal year ended 2025-08-31
   the business description and operating model, the three segments and their end markets, the Competition section naming classes only, the customer table with the unnamed Customer A and Customer B, segment income and its definition, the GAAP to core reconciliation, the debt table, the buyback and warrant disclosures, the Mobility sale and the acquisitions
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2. S02primarycompany filing2024-10-28
   Jabil 10-K, fiscal year ended 2024-08-31
   the customer table that still named Apple, the old EMS and DMS segment definitions, and the risk factors the fiscal 2025 annual report was compared against
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3. S03primarycompany release2025-09-25
   Jabil Q4 and fiscal 2025 results release, Exhibit 99.1
   fiscal 2025 GAAP and core results, adjusted free cash flow, and the first fiscal 2026 outlook
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4. S04primarytranscript2025-09-25
   Jabil Q4 fiscal 2025 call and investor briefing transcript
   management's AI-related revenue history and fiscal 2026 outlook, the 6%-plus long-term margin and $1.5B free cash flow frame, the 80% capital return intention
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5. S05primarycompany release2025-12-17
   Jabil Q1 fiscal 2026 results release, Exhibit 99.1
   the first raise of the fiscal 2026 outlook
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6. S06primarytranscript2025-12-17
   Jabil Q1 fiscal 2026 call transcript
   the second hyperscaler's AI storage racks at roughly $1B, and the consignment model for the largest customer
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7. S07primarycompany release2026-03-18
   Jabil Q2 fiscal 2026 results release, Exhibit 99.1
   the second raise of the fiscal 2026 outlook
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8. S08primarytranscript2026-03-18
   Jabil Q2 fiscal 2026 call transcript
   segment and end-market outlooks, the AI-related revenue raise to $13.1B
   read, but no claim rests on it
9. S09primarycompany release2026-06-17
   Jabil Q3 fiscal 2026 results release, Exhibit 99.1
   Q3 GAAP and core results, the Q4 guide, the third raise of the fiscal 2026 outlook and nine-month adjusted free cash flow
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10. S10primarytranscript2026-06-17
    Jabil Q3 fiscal 2026 call transcript
    management's answers on AI-related revenue, the third hyperscaler, North Carolina, fiscal 2027 margins and capacity; nine analysts' questions, a separate origin from the answers, including Stifel's unanswered question on the path to 7%

    The third hyperscaler, I expect it to be in that couple of 100 million range for 2027, rapidly expanding to billion dollar and then beyond in 2028.

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11. S11primarycompany filing2026-06-30
    Jabil 10-Q, quarter ended 2026-05-31
    segment revenue and income, the end-market growth contributions, the top-five customer share, receivables sold, payables and inventory days, net-basis components, debt and notes issued, buybacks and remaining authorisation, shares outstanding, the Hanley acquisition, and the filed fiscal 2027 capital spending range
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12. S12secondaryvendor data2026-09-27
    Research pack, JBL, 2026-09-27
    price and enterprise value, the ratio series against six-year medians, the filed-cohort multiples, analyst estimates and panel split, FINRA short interest at the 2026-09-15 settlement, daily price bars around each results day, and the insider transaction roster
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13. S13primarycompany filing2026-02-27
    Celestica 10-K, fiscal year ended 2025-12-31 CLS
    a competitor's own figures for the same demand, its list of EMS competitors naming Jabil, and its warning about customers manufacturing internally
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14. S14primarycompany filing2026-05-20
    Flex 10-K, fiscal year ended 2026-03-31 FLEX
    Flex's Cloud and Power Infrastructure segment growth, and its warning that hyperscale customers may build their own manufacturing
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15. S15primaryindustry data2026-05-27
    Global Electronics Association (formerly IPC), acquisition of New Venture Research's EMS program Global Electronics Association
    the size and growth of the outsourced electronics manufacturing market, measured by the industry's trade association rather than any seller

    The global EMS market continued its recovery in 2024, growing 3.2% after declines in previous years. The market reached approximately $658 billion in 2024 and is projected to grow at a 4.6% CAGR in the years ahead. The broader global electronics assembly market totaled approximately $1.63 trillion in 2024, with OEMs continuing to account for the majority of overall production.

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16. S16primaryindustry data2026-08-24
    Global Electronics Association, North American EMS statistical program, July 2026 Global Electronics Association
    the industry's own order and shipment rate for North American contract manufacturing

    The book-to-bill ratio stands at 1.29. Total North American EMS shipments in July 2026 were down 0.3% compared o the same month last year. July’s year-to-date (YTD) shipments increased by 6.2% year-over-year (YOY). EMS bookings in July increased 44.3% year-over-year

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17. S17primarygovernment data2026-09-01
    US Census Bureau, Value of Private Construction Put in Place, seasonally adjusted annual rate (privsatime.xlsx) US Census Bureau
    data-centre construction spending measured by a statistical agency, and the fall in computer and electronics plant construction

    Value of Private Construction Put in Place - Seasonally Adjusted Annual Rate, Millions of dollars, column Data center, row Jul-26p 75166, row Jul-25 47810; column Computer/ electronic/ electrical, row Jul-26p 51304, row Jul-25 96684

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18. S18primarycompany filing2026-07-31
    Amazon 10-Q, quarter ended 2026-06-30 AMZN
    a buyer's own capital spending, in its own filing
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19. S19primarycompany filing2026-07-24
    Alphabet 10-Q, quarter ended 2026-06-30 GOOGL
    a buyer's purchases of property and equipment for the half-year
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20. S20primarycompany filing2026-07-30
    Microsoft 10-K, fiscal year ended 2026-06-30 MSFT
    a buyer's additions to property and equipment for the fiscal year
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21. S21primarycompany filing2026-07-30
    Meta Platforms 10-Q, quarter ended 2026-06-30 META
    a buyer's 2026 capital spending plan
    read, but no claim rests on it
22. S22primarycompany release2026-08-12
    Hon Hai (Foxconn) Q2 2026 results release, company newsroom Hon Hai Precision Industry
    the largest competitor's own statement of its share and its AI rack growth

    For the full year this year, AI rack shipments are also expected to more than double. The Group’s market share in electronics manufacturing services (EMS) exceeds 40%

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23. S23primarycompany filing2026-02-25
    NVIDIA 10-K, fiscal year ended 2026-01-25 NVDA
    which contract manufacturers the leading accelerator maker names
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24. S24primaryother2024-04-01
    Apple Supplier List, fiscal year 2023 Apple
    a customer's own list naming Jabil, with sites in China, India and Taiwan, beside Hon Hai, Flex and Luxshare

    The Apple supplier list represents 98 percent of our direct spend for materials, manufacturing, and assembly of our products worldwide for fiscal year 2023.

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25. S25primaryregulator2026-04-01
    FDA, national GLP-1 supply statement for compounders FDA
    the regulator's finding that injectable GLP-1 supply caught up with demand

    FDA confirmed with the drug’s manufacturer that their stated product availability and manufacturing capacity can meet the present and projected national demand.

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26. S26primarycompany filing2026-08-06
    Eli Lilly 10-Q, quarter ended 2026-06-30 LLY
    injectable GLP-1 revenue growth and the FDA approval of an oral GLP-1 that needs no pen
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27. S27primarygovernment data2025-06-30
    North Carolina Governor's office, Jabil selects Rowan County State of North Carolina
    the state's own record of the United States AI capacity investment and its 1,181 jobs

    The company says it will invest approximately $500 million over several years to establish a manufacturing facility to support cloud and AI data center customers.

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28. S28primarygovernment data2026-01-14
    The White House, proclamation adjusting imports of semiconductors and derivative products (Section 232) The White House
    the tariff on advanced chips and derivative products, and its exemption for United States data-centre use

    this duty rate not apply to imports of these Covered Products for use in United States data centers

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29. S29primarycompany filing2025-11-13
    Sanmina 10-K, fiscal year ended 2025-09-27 SANM
    a competitor naming Jabil among the global EMS providers, and its purchase of ZT Systems' data-centre manufacturing
    read, but no claim rests on it
30. S30primarycompany filing2026-09-27
    Jabil insiders' Form 4 filings, 2025-10-01 to 2026-09-27 (read by insider_fetch.py)
    each open-market sale and purchase with its Rule 10b5-1 flag
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31. S31primarygovernment data2024-12-20
    US Department of Energy, report on data-centre electricity demand (LBNL) US Department of Energy
    a federal estimate of how fast data-centre load is growing

    total data center electricity usage climbed from 58 TWh in 2014 to 176 TWh in 2023 and estimates an increase between 325 to 580 TWh by 2028.

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32. S32primarycompany release2026-09-30
    Jabil Q4 and fiscal 2026 results release, Exhibit 99.1
    fourth-quarter and fiscal 2026 GAAP and core results, the cash flow statement, the first-quarter fiscal 2027 guide and the fiscal 2027 outlook of $44.5B revenue, 6.1% core operating margin, $17.55 core earnings per share and about $1.6B adjusted free cash flow
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33. S33secondaryvendor data2026-10-01
    FMP end-of-day prices, JBL, close of 2026-09-30
    the $286.86 close of 2026-09-30 and the 10.03% fall on the day, read by news_reaction.py
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34. S34primarycompany filing2025-12-12
    Jabil proxy statement (DEF 14A), filed 2025-12-12, for the 2026-01-22 annual meeting
    beneficial ownership at the 2025-11-28 record date, the fiscal 2025 bonus metrics, goals and payout, the long-term award metrics and the fiscal 2023 award's vesting, the named executive officers
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35. S35primarycompany filing2026-04-22
    Jabil Form 8-K, Item 8.01, 2026-04-22: two directors' conditional resignations rejected
    that John Plant and Tiger Tyagarajan did not receive a majority of votes cast at the 2026 annual meeting and that the board rejected their resignations
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36. S36primarytranscript2026-09-30
    Jabil Q4 fiscal 2026 call and ninth annual investor briefing transcript
    AI-related revenue of about $14.4B in fiscal 2026 and a guide of about $22.1B in fiscal 2027; the fiscal 2027 outlook by segment and end market; the first-half-light margin shape; six analysts' questions, a separate origin from the answers

    In fiscal 2027, we expect that to grow to approximately $22.1 billion, up 54%.

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37. S37secondaryvendor data2026-10-21
    FMP analyst estimates, JBL annual core EPS, read 2026-10-21
    fiscal 2027 consensus core earnings per share of $17.68 from five analysts and fiscal 2028 of $22.05 from five
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38. S38secondaryvendor data2026-10-21
    FMP end-of-day prices, JBL, close of 2026-10-20
    the $277.18 close of 2026-10-20, the last completed session
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