Jacobs Solutions Inc. reported a significant increase in financial performance for the first fiscal quarter of 2026, ending December 26, 2025. The company achieved revenues of $3.29 billion, a 12.3% increase from $2.93 billion in the same period last year. Gross profit rose to $765.3 million, up from $721.3 million, while operating profit increased to $232.6 million compared to $208.4 million in the prior year. Net earnings attributable to Jacobs from continuing operations were $125.5 million, or $1.12 per diluted share, a substantial recovery from a net loss of $18.1 million, or $(0.11) per diluted share, in the previous year.
The financial results reflect a strong performance in Jacobs' Infrastructure & Advanced Facilities (I&AF) segment, which generated $2.94 billion in revenue, a 12% increase from the prior year. This growth was driven by improved performance in international and global operations, as well as favorable foreign currency translation effects. The PA Consulting segment also contributed positively, with revenues rising 16% to $354.4 million. The overall increase in revenues was supported by a favorable cash flow performance, with net cash provided by operating activities reaching $380.8 million, compared to $107.5 million in the same quarter last year.
Strategically, Jacobs is moving forward with its acquisition of PA Consulting, having entered into an Implementation Deed on January 2, 2026, to acquire the remaining shares of the consultancy for approximately £1.216 billion. This transaction is expected to close in the second quarter of fiscal 2026 and is anticipated to enhance Jacobs' advisory capabilities. The company also reported a backlog of $26.3 billion, up from $21.8 billion a year earlier, indicating a strong pipeline of future work.
Operationally, Jacobs has seen a reduction in restructuring and other charges, which totaled $4.0 million in the latest quarter, down from $14.7 million in the previous year. The company continues to focus on improving its cost structure and operational efficiency. As of December 26, 2025, Jacobs had approximately 43,000 employees and maintained a strong liquidity position with $1.55 billion in cash and cash equivalents, alongside $1.61 billion of available borrowing capacity under its revolving credit facility.
Looking ahead, Jacobs anticipates continued growth driven by its strategic initiatives and strong market demand across its service sectors. The company remains focused on executing its multi-year growth strategy, "Challenge Accepted," which aims to enhance its performance and deliver scalable solutions in critical infrastructure, environmental services, and advanced manufacturing.
About JACOBS SOLUTIONS INC.
Jacobs Solutions Inc. provides professional services in engineering, consulting, and project management across sectors like infrastructure, energy, water, and life sciences. It delivers end-to-end solutions, including design, planning, and digital innovations, to government and private clients worldwide. Focused on sustainability and resilience, Jacobs leverages technology and strategic acquisitions to address complex global challenges and create long-term societal value.
About 10-Q Filings
A 10-Q form is an important financial report that public companies in the United States must submit every three months. It gives a clear picture of a company's financial health and recent performance.
Key points about the 10-Q:
- Frequency: Companies file it three times a year, covering the first three quarters. The fourth quarter is covered in a more comprehensive annual report.
-
Content: It includes:
- Financial statements showing the company's current financial position
- Updates from management on the performance and projections of the business
- Information about potential risks the company faces
- Details on how the company is run internally
- Deadline: Must be filed within 40 or 45 days after the quarter ends, depending on the size of the company.
Our Methodology
AssetRoom is committed to providing timely summaries of news from public companies. We use AI to generate these summaries quickly, but they are not reviewed by human experts.
Our method:
- Data Collection: We continuously monitor for new filings (currently limited to US-listed stocks).
- AI-Powered Analysis: Our advanced AI system processes each filing, identifying key information and extracting relevant data.
- Summary Generation: The AI creates a concise, easy-to-understand summary of the filing, highlighting the most important points.
- Publication: The summary is immediately published on our platform, allowing users instant access to the latest information.
- Email users: We distribute round-up emails according to our users preferences, keeping them in the loop with the companies they follow.
Feedback & Corrections
Spot an error or have a suggestion? Contact us.