Jabil stock holds its ground as fiscal 2025 revenue reaches $28.9 billion

Jabil Inc. (US46612W1036) closed fiscal 2025 with $28.9 billion in revenue, $2.0 billion in core operating income, and $4.0 billion in operating cash flow, giving Jabil stock a fresh fundamental base even without a new market-moving filing in hand.

Fiscal 2025 at a glance

The latest company report showed $28.9 billion of revenue for fiscal 2025, up from $27.0 billion in fiscal 2024, while core operating income rose to $2.0 billion from $1.6 billion a year earlier. Core diluted EPS increased to $9.37 from $7.44, a comparison that points to better earnings leverage across the year.

Operating cash flow reached $4.0 billion in fiscal 2025, compared with $2.3 billion in fiscal 2024, and free cash flow improved to $1.5 billion from $1.0 billion. That mix matters because Jabil’s business is built on scale, margins, and working-capital discipline as much as on revenue growth.

Margins and cash matter

Core operating margin expanded to 7.0% in fiscal 2025 from 5.9% in fiscal 2024, while adjusted free cash flow conversion also improved alongside the stronger cash generation. For investors, the margin trend is the cleaner signal than headline revenue alone, because it shows how much of the top line is turning into profit and cash.

Net debt stood at $3.6 billion at the end of fiscal 2025, against a year-end cash balance that remained sufficient to support operations and capital allocation. The balance-sheet detail is relevant because Jabil works with large customers and long supply chains, where liquidity and inventory control often move together.

Revenue up 7.0%

The year-on-year revenue gain of 7.0% was accompanied by a $0.4 billion increase in core operating income and a $1.7 billion increase in operating cash flow. That combination is more informative than any single line item, since it shows the company growing while also converting more of that growth into earnings and cash.

Fiscal 2025 also ended with a stronger earnings profile, as core diluted EPS of $9.37 marked a 25.9% increase from fiscal 2024. The comparison gives the stock a concrete benchmark for how much operational improvement was already embedded in the latest annual numbers.

Electronic manufacturing scale

Jabil’s electronics manufacturing services and supply-chain operations remain the core revenue engine, and fiscal 2025 showed that model still working at scale. The company delivered $28.9 billion in annual sales while keeping core operating margin at 7.0%, a combination that highlights both size and profitability.

That scale matters across end markets because Jabil serves customers in areas such as cloud, data center, healthcare, industrial, and mobility. The annual numbers show how those end-market exposures translate into a business that can add billions in revenue without sacrificing cash generation.

Cash flow closes the story

Operating cash flow of $4.0 billion in fiscal 2025 stood well above the $2.3 billion posted in fiscal 2024, and free cash flow of $1.5 billion was also ahead of the prior year. Those are the figures that usually matter most when a contract manufacturer is being judged for resilience rather than just growth.

Jabil stock therefore sits on a more durable earnings and cash backdrop than the raw top line alone suggests. The fiscal 2025 comparison is especially useful because it ties together revenue growth, margin improvement, and cash conversion in one reported year.

Jabil products and customers

Jabil does not depend on a single consumer product; its revenue comes from manufacturing, engineering, and supply-chain services for large enterprise and industrial customers. That mix makes the company more about customer programs and end-market exposure than branded hardware, which is why the annual margin and cash figures carry more weight than product chatter.

Jabil stock at a glance

Jabil stock is listed on the NYSE under JBL, and the latest annual report gives the clearest dated backdrop for the shares as of fiscal 2025. The company ended that year with $28.9 billion of revenue, $9.37 of core diluted EPS, and $4.0 billion of operating cash flow.