What is Jabil's contract assets?

Jabil (JBL) reported contract assets of $1.47B in Q1 2026.

How has Jabil's contract assets changed year-over-year?

Jabil's contract assets increased by 32.5% year-over-year, from $1.11B to $1.47B.

What is the long-term trend for Jabil's contract assets?

Over 4 years (2021 to 2025), Jabil's contract assets has grown at a 1.4% compound annual growth rate (CAGR), from $998M to $1.06B.

What does contract assets mean?

Revenue recognized under ASC 606 where the right to payment is conditional on something other than the passage of time — work performed but not yet billable.

Jabil JBL Contract Assets

Contract Assets at other companies

PlexusPLXS

$160.38M+17.8%

Benchmark ElectronicsBHE

$190.93M+11.0%

Sanmina CorpSANM

$473.14M+23.0%

International Business MachinesIBM

$551M+18.5%

Grid Dynamics Holdings, Inc.GDYN

$0—

CelesticaCLS

——

Other financials

Income statement

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Revenue$8.8B+11.8%

Gross profit$828.0M+21.6%

Operating income$445.0M+10.4%

Net income$275.0M+23.9%

EPS (diluted)$2.59+27.6%

Balance sheet

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Cash & equivalents$1.4B-10.7%

Total debt$3.9B+16.9%

Total equity$1.3B+3.0%

Total assets$23.8B+28.1%

Cash flow

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Operating cash flow$535.0M+31.8%

CapEx$184.0M+114%

Free cash flow$351.0M+9.7%

Valuation

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Market cap$40.67B+54.8%

Enterprise value$43.2B+63.6%

P/E47.2×+1.6×

P/S1.2×+0.3×

Profitability

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Gross margin9.2%+0.4pp

Operating margin4.3%+0.2pp

Net margin2.6%+0.5pp

FCF margin3.9%-0.7pp

Returns & leverage

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Return on equity66.1%+33.7pp

Debt / equity3.3×+0.8×

Current ratio1×0.0×

Where this comes from

Reported directly by Jabil in its filing.

Tagged under the XBRL concept us-gaap:ContractWithCustomerAssetNetCurrent.

The official record: Jabil’s 10-Q, filed June 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Jabil's contract assets?: Jabil (JBL) reported contract assets of $1.47B in Q1 2026.
How has Jabil's contract assets changed year-over-year?: Jabil's contract assets increased by 32.5% year-over-year, from $1.11B to $1.47B.
What is the long-term trend for Jabil's contract assets?: Over 4 years (2021 to 2025), Jabil's contract assets has grown at a 1.4% compound annual growth rate (CAGR), from $998M to $1.06B.
What does contract assets mean?: Revenue recognized under ASC 606 where the right to payment is conditional on something other than the passage of time — work performed but not yet billable.