Jabil Inc
JBLQ2 2025(JBL Q3 FY2025)Derived17% AI
AI Revenue %
17%
AI Fair Value
$6.6B
AI Revenue (Q)
$3.7B
Total Revenue (Q)
$21.9B
Source: SEC EDGAR 10-K Filing
View 10-K on SEC.govAnalysis
Q3 FY2025 (May 31, 2025): Total revenue $7,828M, up 15.7% from $6,765M a year ago. Nine-month Intelligent Infrastructure segment income = $442M vs $327M prior year (+35.2%). Q3 II income = $442M - $261M = $181M (vs $121M prior year Q3), indicating strong AI infrastructure growth. Revenue for the quarter grew 16% YoY, with Intelligent Infrastructure being the primary driver. Estimating ~45% of II segment revenue is AI-related, plus increasing AI content across other segments. ~$1,331M / $7,828M = 17.0%.
Analyzed by claude-opus-4-6
Quoted Figures
Net revenue Q3 FY2025: $7,828M (vs $6,765M prior year)
10-Q, May 31, 2025, Income Statement
Intelligent Infrastructure nine-month segment income: $442M (vs $327M prior year)
10-Q, May 31, 2025, Segment Income table
Increase in net revenue from prior periods is primarily driven by domestic revenue growth in our Intelligent Infrastructure segment
10-K, August 31, 2025, Segment geographic note
AI Products Identified (Ring 1)
AI server assemblyGPU liquid cooling systems800G optical transceiversdata center power/coolingAI networking equipmentAI rack-scale systems
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.
traditional networking equipmentsemi-capital equipmentcloud infrastructure (non-AI)
Confidence Tier
DerivedCalculated from reported segments primarily serving AI