Jacobs Solutions Inc. announced robust financial results for the fiscal first quarter ended December 26, 2025, with gross revenue up 12.3% year-over-year to $3.3 billion and adjusted net revenue increasing 8.2% to $2.3 billion. The company also reported a substantial 21% year-over-year backlog growth, reaching $26.3 billion, and a strong Q1 book-to-bill ratio of 2.0x. Adjusted EPS rose by 15.0% to $1.53, reflecting strong operational performance and strategic initiatives, including the acquisition of the remaining stake in PA Consulting and increased share repurchases.
Gross revenue increased by 12.3% year-over-year to $3.3 billion, demonstrating strong top-line growth.
Adjusted net revenue grew by 8.2% year-over-year to $2.3 billion, indicating healthy core business expansion.
Backlog surged by 20.6% year-over-year to $26.3 billion, supported by a robust Q1 book-to-bill ratio of 2.0x.
Adjusted EPS from continuing operations rose by 15.0% to $1.53, reflecting improved profitability and effective capital allocation strategies.
Jacobs increased its fiscal year 2026 guidance for adjusted net revenue growth and adjusted EPS, while maintaining its forecast for adjusted EBITDA margin and free cash flow margin.
Visualization of income flow from segment revenue to net income
Analyze how earnings announcements historically affect stock price performance