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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
May 31, 2024
May 31, 2023
May 31, 2024
May 31, 2023
Income Statement [Abstract]        
Net revenue $ 6,765 $ 8,475 $ 21,919 $ 26,244
Cost of revenue 6,157 7,778 19,906 24,143
Gross profit 608 697 2,013 2,101
Operating expenses:        
Selling, general and administrative 268 307 890 911
Research and development 9 8 29 25
Amortization of intangibles 12 7 27 24
Restructuring, severance and related charges 55 0 252 45
Gain from the divestiture of businesses 0 0 (944) 0
Acquisition and divestiture related charges 3 0 64 0
Operating income 261 375 1,695 1,096
Other expense 22 18 65 50
Interest expense, net 38 51 132 154
Income before income tax 201 306 1,498 892
Income tax expense 72 73 248 229
Net income 129 233 1,250 663
Net income attributable to noncontrolling interests, net of tax 0 0 0 0
Net income attributable to Jabil Inc. $ 129 $ 233 $ 1,250 $ 663
Earnings per share attributable to the stockholders of Jabil Inc.:        
Basic (in usd per share) $ 1.08 $ 1.76 $ 10.01 $ 4.96
Diluted (in usd per share) $ 1.06 $ 1.72 $ 9.86 $ 4.86
Weighted average shares outstanding:        
Basic (in shares) 119.9 132.3 124.9 133.6
Diluted (in shares) 121.7 135.1 126.9 136.4