What are the main concerns in JABIL INC's latest SEC filing?

The analysis identified 5 key concerns: Revenue grew driven by the Intelligent Infrastructure segment, though the Connected Living segment experienced a decline.; Significant share repurchases via Accelerated Share Repurchase (ASR) agreements, where final share delivery is based on volume-weighted average price, could obscure the true cost and timing of dilution.; The company has a large goodwill balance ($1,907M) with a significant accumulated impairment of $1,020M, indicating a history of acquisitions that may not have met expectations..

What are the top risks for JABIL INC (JBL)?

The top risks identified in the 10-Q filing are: Customer Concentration, Supply Chain Dependencies, Capital Structure Management. The company faces significant customer concentration and supply chain risks due to its global operations and reliance on a few major clients. Capital structure management is actively pursued through debt and share repurchases, presenting moderate financial risk.

JBL - Comprehensive Filing Intelligence

Q4 2026•10-Q•Filed Jan 9, 2026

6.0/10

Filing Health:GOOD

Solid fundamentals with minor concerns to monitor

Executive Summary

Revenue grew driven by the Intelligent Infrastructure segment, though the Connected Living segment experienced a decline.. Gross profit margin improved due to favorable product mix in the Regulated Industries segment.. No significant off-balance sheet exposures or hidden liabilities were identified.. Intelligent Infrastructure segment revenue grew 54%.

Top Concerns

!Revenue grew driven by the Intelligent Infrastructure segment, though the Connected Living segment experienced a decline.
!Significant share repurchases via Accelerated Share Repurchase (ASR) agreements, where final share delivery is based on volume-weighted average price, could obscure the true cost and timing of dilution.
!The company has a large goodwill balance ($1,907M) with a significant accumulated impairment of $1,020M, indicating a history of acquisitions that may not have met expectations.
!No significant off-balance sheet exposures or hidden liabilities were identified.
!Customer Concentration (high)

Analysis Dimensions

Our 5-pass AI analysis examines this filing across multiple dimensions. Each dimension score is derived from direct analysis of SEC filing text.

Narrative Intelligence

7.0/10

Management tone is confidently optimistic with focus on product mix in our regulated industries segment.

Full analysis includes: tone changes vs prior quarter, margin driver breakdown, forward guidance analysis, strategic priorities.

Accounting Quality

6.0/10

Earnings quality shows moderate accounting practices.

Full analysis includes: reserve and allowance changes, non-recurring item analysis, stock-based compensation impact, disclosure concerns.

Hidden Liabilities

Off-balance sheet risk is low.

Full analysis includes: cloud and purchase commitments, VIE/SPE exposure, covenant compliance status, refinancing risk assessment.

Risk Landscape

4.0/10

Overall risk profile shows customer concentration as primary concern.

Full analysis includes: 8 risk categories with severity, new vs escalated risks, management response assessment, risk trend analysis.

Segment Performance

6.0/10

Segment health analysis shows Intelligent Infrastructure as strongest performer while Connected Living and Digital Commerce lags.

Full analysis includes: segment-by-segment revenue breakdown, geographic concentration risk, customer concentration analysis, segment margin trends.