JABIL (JBL) Revenue — Quarter Ended Nov 30, 2023
Revenue declined in the current quarter. The decrease was steeper compared to the same quarter last year.
Key takeaway
Quarter ended Nov 30, 2023 · FY2024 Q1
Revenue declined in the current quarter. The decrease was steeper compared to the same quarter last year.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$8.4B
Revenue reported for this quarter.
Quarter-over-quarter
-0.8%
Change from the immediately preceding quarter.
Year-over-year
-13.0%
Change from the comparable year-ago quarter.
Trailing four quarters
$33.5B
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 |
|---|---|---|
| Feb 28, 2023 | $8.1B | +7.7% |
| May 31, 2023 | $8.5B | +1.8% |
| Aug 31, 2023 | $8.5B | -6.3% |
| Nov 30, 2023 | $8.4B | -13.0% |
Revenue performance
The reported revenue moved lower from the prior quarter. This marks a continuation of the downward trend seen in recent periods.
Quarterly comparison
Compared to the immediately preceding quarter, revenue was slightly lower. Relative to the same quarter one year earlier, the decline was substantially larger.
What to watch
Monitor whether the year-over-year revenue decline persists or stabilizes in upcoming quarters.