•
Nov 30, 2021

Jabil Q1 2022 Earnings Report

Jabil reported strong first quarter results, supported by growth in key end-markets and successful management of a dynamic supply chain.

Key Takeaways

Jabil Inc. reported preliminary, unaudited financial results for its first quarter of fiscal year 2022, with net revenue of $8.6 billion and U.S. GAAP diluted earnings per share of $1.63.

Net revenue was $8.6 billion.

Diversified Manufacturing Services (DMS) year-on-year revenue growth was 11 percent.

Electronics Manufacturing Services (EMS) year-on-year revenue growth was 7 percent.

U.S. GAAP operating income was $350 million.

Total Revenue
$8.57B
Previous year: $7.83B
+9.4%
EPS
$1.92
Previous year: $1.6
+20.0%
Gross Profit
$675M
Previous year: $635M
+6.4%
Cash and Equivalents
$1.23B
Previous year: $1.11B
+11.0%
Free Cash Flow
-$327M
Previous year: -$288M
+13.5%
Total Assets
$17.6B
Previous year: $15.3B
+15.2%

Jabil

Jabil

Forward Guidance

Jabil expects FY22 revenue will be $31.8 billion, while core EPS will increase to $6.55.