JABIL INC stock research
FY2025 Q4
JABIL (JBL) Gross Margin — Quarter Ended Aug 31, 2025
Revenue and gross profit both increased compared to the prior quarter, while cost of revenue also rose. Gross margin improved from the previous quarter but remained stable compared to the same quarter one year earlier.
Gross margin takeaway
Quarter ended Aug 31, 2025 · FY2025 Q4
Revenue and gross profit both increased compared to the prior quarter, while cost of revenue also rose. Gross margin improved from the previous quarter but remained stable compared to the same quarter one year earlier.
- The strongest observable margin driver is the increase in gross profit relative to revenue growth, as gross margin improved sequentially despite higher cost of revenue.
- Compared to the immediately preceding quarter, revenue and gross profit were higher, and gross margin improved. Compared to the same quarter one year earlier, revenue and gross profit were higher, while gross margin was unchanged.
Gross margin snapshot
The selected quarter's reported revenue, gross profit, direct costs, and margin comparisons.
Gross margin
9.5%
Gross profit
$783.0M
Revenue
$8.3B
Cost of revenue
$7.5B
Quarter-over-quarter change
+0.8 pts
Year-over-year change
-0.0 pts
Quarterly gross margin trend
A four-quarter view of the revenue and direct-cost bridge behind gross margin.
| Period | Revenue | Gross profit | Cost of revenue | Gross margin |
|---|---|---|---|---|
| Nov 30, 2024 | $7.0B | $606.0M | $6.4B | 8.7% |
| Feb 28, 2025 | $6.7B | $576.0M | $6.2B | 8.6% |
| May 31, 2025 | $7.8B | $681.0M | $7.1B | 8.7% |
| Aug 31, 2025 | $8.3B | $783.0M | $7.5B | 9.5% |
Quarterly comparisons
Compare the selected margin with the preceding quarter and the same fiscal quarter one year earlier.
Previous-quarter change
May 31, 2025
+0.8 pts
Year-over-year change
Aug 31, 2024
-0.0 pts
What the margin says
Filing-constrained interpretation of margin direction, comparisons, and what to monitor next.
The strongest observable margin driver is the increase in gross profit relative to revenue growth, as gross margin improved sequentially despite higher cost of revenue.
Compared to the immediately preceding quarter, revenue and gross profit were higher, and gross margin improved. Compared to the same quarter one year earlier, revenue and gross profit were higher, while gross margin was unchanged.
Monitor the trajectory of cost of revenue relative to revenue, as its increase in the current quarter outpaced the prior quarter's growth rate.