JABIL (JBL) Revenue — Quarter Ended Aug 31, 2024
Revenue increased compared to the prior quarter but decreased compared to the same quarter last year. The sequential improvement contrasts with a persistent year-over-year decline.
Key takeaway
Quarter ended Aug 31, 2024 · FY2024 Q4
Revenue increased compared to the prior quarter but decreased compared to the same quarter last year. The sequential improvement contrasts with a persistent year-over-year decline.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$7B
Revenue reported for this quarter.
Quarter-over-quarter
+2.9%
Change from the immediately preceding quarter.
Year-over-year
-17.7%
Change from the comparable year-ago quarter.
Trailing four quarters
$28.9B
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, 2023 | $8.4B | -13.0% |
| Feb 29, 2024 | $6.8B | -16.8% |
| May 31, 2024 | $6.8B | -20.2% |
| Aug 31, 2024 | $7B | -17.7% |
Revenue performance
The reported revenue direction is upward from the immediately preceding quarter. This marks a sequential recovery after several quarters of decline.
Quarterly comparison
Compared to the prior quarter, revenue rose. Compared to the same quarter one year earlier, revenue fell.
What to watch
The year-over-year decline has persisted for multiple consecutive quarters, warranting attention to the underlying trend.