Jabil Inc

Company facts

Industry

Printed Circuit Boards

Headquarters

St Petersburg, Florida

Most recent report

10-K, filed Oct 23, 2026

Incorporated

Delaware

Filings on record

1,000+ filings

On EDGAR

CIK 898293

Fiscal year ends

August

Filer status

Large accelerated filer

What to read: FY2026 10-K

SECSift found 5 of 26 sections worth reading, with 2 positive, 9 notable, and 4 negative flags.

• Business (Item 1)

  Customer concentration data and segment rename are company-specific and material.
  Notable

  • Net revenue $36.0B, net income $1.0B for FY2026.
  • Segment renamed to Intelligent Devices and Robotics starting Sep 1, 2026, emphasizing automation and robotics.
  • Five largest customers made up 37% of FY2026 net revenue; 76 customers accounted for 90%.

• Risk Factors (Item 1A)

  Company-specific risks: FDA warning letter, customer concentration, China exposure, tariff impacts.
  Notable

  • Supply chain hit by semiconductor and global memory component shortages, impacting production.
  • Risks from emerging-company customers: less history, higher credit risk, extended payment terms.
  Negative

  • Relies on a small number of customers for a significant % of revenue; loss of one could hurt results.
  • Significant China operations face risks from trade disputes, labor turnover, and regulatory changes.
  • FDA Warning Letter in Aug 2026 for Hunt Valley facility; manufacturing paused pending remediation.

• Market for the Stock (Item 5)

  New $1.5B buyback authorization, warrant to Amazon, and stock performance data.
  Positive

  • New $1.5B buyback authorization in July 2026, up from the prior $1.0B program, with $1.44B remaining as of August 31, 2026.
  Notable

  • Warrant issued to Amazon in December 2024 for up to 1,158,539 shares, a related-party equity instrument.

• Management's Discussion (Item 7)

  Revenue up 21%, core ops strong, but debt up $494M and FDA warning letter issued.
  Positive

  • Net revenue grew 20.6% to $35.95B in FY2026, led by 45% growth in Intelligent Infrastructure.
  Notable

  • Global asset-backed securitization program capacity increased to $800M, then $900M in Oct 2026.
  • Warrant issued to Amazon for up to 1.16M shares at $137.77; 59,582 vested but unexercised.
  Negative

  • FDA Warning Letter for Pii facility in Hunt Valley, MD; manufacturing paused, corrective plan underway.

• Exhibits (Item 15)

  Full financial statements, notes, and audit reports with company-specific numbers and risks.
  Notable

  • Issued $1B in new senior notes (4.200% due 2029 and 4.750% due 2033) in Jan 2026.

What changed: FY2026 vs. FY2025

About 6% of JBL's FY2026 10-K is new information. 52 paragraphs were added, 365 changed, and 160 removed. Below are the most important lines SECSift identified.

• Exhibits (Item 15) 156
• Management's Discussion (Item 7) 84
• Business (Item 1) 42
• Risk Factors (Item 1A) 18
• Form 10-K Summary (Item 16) 11
• Market for the Stock (Item 5) 7
• Controls and Procedures (Item 9A) 5
• Cybersecurity (Item 1C) 5
• Properties (Item 2) 3
• Market Risk (Item 7A) 3
• Other Information (Item 9B) 1