Earnings ·
Jacobs Solutions Inc. reported financial results for the fiscal third quarter ended June 26, 2026
JJacobs Solutions Inc.
Jacobs Solutions Inc. reported financial results for the fiscal third quarter ended June 26, 2026. Gross revenue reached $4.1 billion, a 34.5% year-over-year increase, while adjusted net revenue grew 8.3% to $2.4 billion. GAAP diluted EPS was $1.16 compared to $1.56 in the prior year period, reflecting a higher tax rate associated with the PA Consulting acquisition transaction; adjusted diluted EPS rose 13.6% to $1.84. The company reported record backlog of $28.9 billion, up 27.3% year-over-year, and generated $456 million in cash from operations. Management raised full-year fiscal 2026 guidance for the third consecutive time, projecting adjusted net revenue growth of 9.5% to 10.0% and adjusted EPS between $7.20 and $7.30. Jacobs Solutions Inc. provides engineering, technical, scientific, and project management services across infrastructure, advanced manufacturing, energy, environmental, life sciences, transportation, and water sectors.