# Jabil **Source:** https://geo.sig.ai/brands/jabil **Vertical:** Consumer Technology **Subcategory:** Enterprise **Tier:** Leader **Website:** jabil.com **Last Updated:** 2026-04-14 ## Summary St. Petersburg FL contract electronics manufacturing (NYSE: JBL) ~$28.9B FY2024 revenue; $500M US AI data center manufacturing investment, hyperscaler and Apple primary EMS competing with Foxconn and Flex. ## Company Overview Jabil Inc. is a St. Petersburg, Florida-based contract electronics manufacturing services (EMS) and supply chain solutions company — publicly traded on the New York Stock Exchange (NYSE: JBL) as an S&P 500 Information Technology component — providing design, manufacturing, testing, and supply chain management services for electronics and manufactured products across cloud and digital commerce infrastructure, healthcare, automotive, industrial, and consumer markets through approximately 100,000 employees in 100+ facilities across 30+ countries. Jabil is one of the three largest global EMS providers, competing directly with Foxconn (Hon Hai) and Flex Ltd for multinational OEM manufacturing outsourcing. In fiscal year 2024 (ending August 2024), Jabil reported revenue of approximately $28.9 billion after completing the divestiture of its Healthcare segment (sold to a consortium led by PE firm CD&R for approximately $950 million in 2024), which represented a strategic decision to concentrate on higher-growth EMS segments. Jabil's $500 million announced investment in Southeast United States manufacturing for AI data center infrastructure customers — targeting hyperscale data center compute, networking, and storage hardware — is expected to be operational by mid-2026. CEO Mike Dastoor assumed leadership in 2024 following Mark Mondello's retirement, prioritizing AI infrastructure manufacturing as the primary growth vector. Jabil's contract manufacturing model enables global technology companies to outsource the capital-intensive manufacturing of their hardware products to a specialist that achieves lower unit costs through manufacturing scale, global supply chain leverage, and continuous process engineering: an Apple iPhone chassis manufactured by Jabil benefits from Jabil's proprietary precision metal forming processes (fine-tuned over 15 years of iPhone production), Jabil's negotiating leverage with global aluminum and specialty component suppliers, and Jabil's workforce management expertise in high-volume consumer electronics manufacturing — processes that Apple would need to replicate at significant capital and organizational cost to bring in-house. The cloud and digital commerce segment (hyperscale data center equipment — server chassis, storage enclosures, networking switching hardware) represents Jabil's fastest-growing vertical, driven by hyperscaler capacity expansion for AI compute infrastructure that requires customized rack-scale hardware manufactured to OEM specifications. In 2025, Jabil competes in global electronics manufacturing services and supply chain solutions against Foxconn/Hon Hai (TWO: 2317, $200B+ revenue, Apple primary manufacturer), Flex Ltd (NASDAQ: FLEX, $25.4B revenue), and Celestica (NYSE: CLS, $10.9B revenue) for OEM manufacturing contracts in cloud infrastructure, automotive electronics, and industrial manufacturing. The $500M US Southeast manufacturing investment for AI data center infrastructure addresses the hyperscaler demand for domestic manufacturing capacity — driven by supply chain resilience concerns and US government incentives for domestic semiconductor and electronics production. The Healthcare divestiture (2024) allows Jabil to redeploy capital toward the AI infrastructure manufacturing market where hardware revenue growth rates (30%+ for AI compute spend) exceed medical device manufacturing rates. The 2025 strategy focuses on hyperscaler AI infrastructure manufacturing capacity expansion, automotive and EV electronics growth, and supply chain resilience investments in North American and European manufacturing to serve customers seeking geographic diversification from Asia-Pacific production concentration. ## Frequently Asked Questions ### What does Jabil do? Jabil is a global manufacturing solutions provider offering comprehensive design, engineering, manufacturing, and supply chain services. The company serves over 400 leading brands across industries including healthcare, automotive, aerospace, data centers, and consumer electronics, with operations in 100 locations across 30 countries. ### When was Jabil founded? Jabil was founded in 1966 by James Golden and Bill Morean in the Detroit area, initially focusing on circuit board assembly and repair. The company name derives from combining the founders' first names—James and Bill. In 1982, Jabil relocated its headquarters to St. Petersburg, Florida, where it remains today. ### Where is Jabil headquartered? Jabil is headquartered in the Gateway area of St. Petersburg, Florida. The company operates globally with 100 locations across 30 countries, serving customers on every continent with local manufacturing and engineering capabilities. ### How large is Jabil? Jabil is one of the world's largest manufacturing solutions providers with fiscal year 2025 revenue of nearly $29.8 billion and 138,000 employees worldwide. The company is an S&P 500 component with a market capitalization exceeding $20 billion and serves over 400 leading global brands. ### Who are Jabil's main customers? Jabil serves over 400 of the world's leading brands across multiple industries including technology giants, healthcare companies, automotive manufacturers, aerospace firms, and telecommunications providers. The company's customer concentration includes major technology leaders like Apple and Agilent, though specific customer relationships are often confidential. ### What makes Jabil different from competitors? Jabil differentiates itself through its vertically integrated business model covering the entire product lifecycle, advanced technological capabilities including silicon photonics for AI data centers, and a massive global supply chain network managing $25 billion in annual purchasing across 38,000 suppliers. The company's strategic focus on high-growth sectors like AI infrastructure and healthcare manufacturing positions it for long-term growth. ### Who are Jabil's main competitors? Jabil's primary competitors in the electronics manufacturing services (EMS) industry include Flex Ltd., Foxconn Technology Group, Sanmina Corporation, Celestica Inc., and Benchmark Electronics. Jabil competes on technological capability, quality, scale, and industry expertise. ### What is Jabil's financial performance? In fiscal year 2025, Jabil delivered revenue of nearly $29.8 billion with core diluted EPS of $9.75. The company generated over $1 billion in adjusted free cash flow in fiscal 2024, returned $2.5 billion to shareholders through buybacks, achieved return on invested capital exceeding 22%, and maintains zero debt on its balance sheet. ### Is Jabil publicly traded? Yes, Jabil is publicly traded on the New York Stock Exchange under the ticker symbol JBL. The company went public in April 1993 and is currently a component of the S&P 500 index, which it rejoined in December 2023 after previously being moved to the S&P MidCap 400 in 2014. ### What industries does Jabil serve? Jabil serves diverse industries including healthcare and life sciences, automotive, aerospace and defense, data center and cloud infrastructure, telecommunications and networking, consumer products, industrial equipment, clean technology, and computing and storage. The company is particularly focused on high-growth AI-driven sectors. ### How can I contact Jabil? You can contact Jabil through their official website at www.jabil.com, which provides contact forms, office locations, and dedicated contact information for different business units and geographic regions. The company's headquarters is located in St. Petersburg, Florida. ### What are Jabil's recent strategic initiatives? Jabil recently announced a $500 million multi-year investment in U.S. manufacturing for AI and cloud data center infrastructure, acquired Pharmaceutics International to expand healthcare capabilities, and divested its Mobility business for $2.2 billion to focus on higher-margin technology sectors. The company is expanding silicon photonics capabilities to support next-generation AI data centers. ## Tags ai-powered, b2c, cloud-native, hardware, mobile-first, public --- *Data from geo.sig.ai Brand Intelligence Database. Updated 2026-04-14.*