Jabil Inc
JBLQ3 2025(JBL Q4 FY2025)Derived18% AI
AI Revenue %
18%
AI Fair Value
$7.1B
AI Revenue (Q)
$3.9B
Total Revenue (Q)
$21.9B
Source: SEC EDGAR 10-K Filing
View 10-K on SEC.govAnalysis
FY2025 10-K (Aug 31, 2025): Total revenue $29,802M. Intelligent Infrastructure full-year = $12,317M (41.3% of revenue), up from $9,197M in FY2024 (+33.9% growth). Q4 derived: $29,802M - $21,550M (9-month) = $8,252M. U.S. revenue grew from $5,047M to $7,444M, 'primarily driven by domestic revenue growth in our Intelligent Infrastructure segment.' Conservatively, ~45% of the II segment is AI-driven. AI revenue for the full year estimated at ~$5,543M, giving approximately $5,543M / $29,802M = 18.6%. Rounding down to 18% for Q4. ~$1,485M / $8,252M = 18.0%.
Analyzed by claude-opus-4-6
Quoted Figures
Net revenue FY2025: $29,802M. Intelligent Infrastructure: $12,317M. Regulated Industries: $11,879M. Connected Living: $5,606M
10-K, August 31, 2025, Segment Revenue table
Intelligent Infrastructure segment income: $664M (FY2025) vs $469M (FY2024)
10-K, August 31, 2025, Segment Note
Increase in net revenue from prior periods is primarily driven by domestic revenue growth in our Intelligent Infrastructure segment during the fiscal year ended August 31, 2025
10-K, August 31, 2025, Geographic Revenue Note
Our Intelligent Infrastructure segment is focused on the modern digital ecosystem including artificial intelligence (AI) infrastructure
10-K, August 31, 2025, Item 1 Business
AI Products Identified (Ring 1)
AI server assemblyGPU liquid cooling systems800G optical transceiversdata center power/cooling infrastructureAI 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