Jabil Inc
JBLQ1 2024(JBL Q2 FY2024)Estimated7% AI
AI Revenue %
7%
AI Fair Value
$827.0M
AI Revenue (Q)
$473.6M
Total Revenue (Q)
$6.8B
Source: SEC EDGAR 10-Q Filing
View 10-Q on SEC.govAnalysis
Q2 FY2024 (Feb 29, 2024): EMS $3,331M, DMS $3,436M, Total $6,767M. Revenue declined sharply due to mobility business divestiture (completed Dec 29, 2023). Excluding mobility, the remaining business has higher AI concentration. Jabil manufacturing AI server racks, liquid cooling, optical transceivers at increasing volumes. Raising to 7% reflecting higher AI mix in reduced revenue base. ~$474M / $6,767M = 7.0%.
Analyzed by claude-opus-4-6
Quoted Figures
EMS $3,331M, DMS $3,436M, Total $6,767M
10-Q, February 29, 2024, Segment Revenue table
On December 29, 2023, we completed the sale of our product manufacturing business in Chengdu...for pre-tax cash proceeds of approximately $2.2 billion
10-Q, February 29, 2024, Business Acquisitions and Divestitures Note
AI Products Identified (Ring 1)
AI server componentsGPU liquid cooling systemsoptical transceiversdata center power infrastructure
AI-Enabled Items (Ring 2 — Not Counted)
These items use AI but are not counted in the AI revenue estimate because they primarily serve non-AI functions.
cloud and data center infrastructurenetworking and storage
Confidence Tier
EstimatedNo direct AI revenue disclosure — estimated from product mix