Jabil said net revenue for the Intelligent Infrastructure segment increased 18% for the 3 months ended February 28, 2025, while the Regulated Industries segment decreased 8% and the Connected Living and Digital Commerce segment decreased 13%. The company cited the divestiture of the Mobility Business as a factor in the Connected Living decline.

1. 01

   Jabil said net revenue for the Intelligent Infrastructure segment increased 18% for the 3 months ended February 28, 2025, while the Regulated Industries segment decreased 8% and the Connected Living and Digital Commerce segment decreased 13%. The company cited the divestiture of the Mobility Business as a factor in the Connected Living decline.

2. 02

   Jabil said gross profit as a percentage of net revenue decreased for the 3 months and 6 months ended February 28, 2025 compared to the prior-year periods. The company cited product mix in the Connected Living and Digital Commerce segment as a factor, and said selling, general and administrative expenses decreased due to lower salary and salary-related expenses.

3. 03

   Jabil said it expects to recognize approximately $150 million to $200 million in pre-tax restructuring and related costs during fiscal 2025 in connection with the 2025 Restructuring Plan. The company also completed the acquisition of Pharmaceutics International, Inc. on February 3, 2025 for cash consideration of $307 million.

4. 04

   Jabil said it had approximately $1.6 billion in cash and cash equivalents as of February 28, 2025, and $4.0 billion in available unused borrowing capacity under its revolving credit facilities. The company said its liquidity sources are adequate to fund capital expenditures, dividend payments, share repurchases, potential acquisitions, working capital requirements and contractual obligations for the next 12 months and beyond.

Key figures

Quarter ended February 28, 2025

Revenue

$6.7B

Operating income

$245M

Net income

$117M

EPS

$1.06

Gross profit

$576M

Analysis scope · Management's discussion (MD&A)We analyzed excerpts of the Management's Discussion and Analysis (MD&A) section (with omissions). Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.