Jabil Inc. reports preliminary, unaudited financial results for its third quarter of fiscal year 2025. Third quarter of fiscal year 2025 highlights include:

• Net revenue: $7.8 billion

• US GAAP operating income: $403 million

• US GAAP diluted earnings per share: $2.03

• Core operating income (non-GAAP): $420 million

• Core diluted earnings per share (non-GAAP): $2.55

“We delivered a strong third quarter, outperforming expectations across key end-markets such as cloud, data center infrastructure, and capital equipment,” said Jabil CEO Mike Dastoor. “Our Intelligent Infrastructure segment remains a critical growth engine, benefiting from accelerating AI-driven demand. Despite softness in areas like EVs, Renewables, and 5G, our diversified portfolio and operational discipline have us tracking toward record core earnings per share.

“Looking ahead, we remain focused on enhancing core margins, optimizing cash flow, and returning value to shareholders—primarily through share repurchases and targeted investments in higher-margin opportunities,” Dastoor added.

Fourth quarter of fiscal year 2025 outlook:

• Net revenue: $7.1 billion to $7.8 billion  

• US GAAP operating income: $331 million to $411 million        

• US GAAP diluted earnings per share: $1.79 to $2.37 per diluted share

• Core operating income (non-GAAP): $428 million to $488 million      

• Core diluted earnings per share (non-GAAP): $2.64 to $3.04 per diluted share         

Fiscal year 2025 outlook: 

• Net revenue: $29 billion   

• Core operating margin (non-GAAP): 5.4%          

• Core diluted earnings per share (non-GAAP): $9.33 per diluted share

• Adjusted free cash flow (non-GAAP): $1.2+ billion