JABIL (JBL) Revenue — Quarter Ended Aug 31, 2023
Revenue for the quarter was slightly lower than the prior quarter. Compared to the same period last year, revenue showed a more pronounced decline.
Key takeaway
Quarter ended Aug 31, 2023 · FY2023 Q4
Revenue for the quarter was slightly lower than the prior quarter. Compared to the same period last year, revenue showed a more pronounced decline.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$8.5B
Revenue reported for this quarter.
Quarter-over-quarter
-0.2%
Change from the immediately preceding quarter.
Year-over-year
-6.3%
Change from the comparable year-ago quarter.
Trailing four quarters
$34.7B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Nov 30, 2022 | $9.6B | +12.5% |
| Feb 28, 2023 | $8.1B | +7.7% |
| May 31, 2023 | $8.5B | +1.8% |
| Aug 31, 2023 | $8.5B | -6.3% |
Revenue performance
Revenue decreased on both a sequential and year-over-year basis, with the annual decline being more significant.
Quarterly comparison
The current quarter's revenue was nearly unchanged from the preceding quarter. Compared to the same quarter a year ago, revenue was substantially lower.
What to watch
The filing context includes discussion of liquidity and capital resources, highlighting potential challenges in meeting debt service obligations and financing future needs.