Jacobs Solutions Inc. Reports 5.1% Revenue Growth to $3.03 Billion in Q3 Fiscal 2025

Jacobs Solutions Inc. reported its financial results for the third quarter of fiscal 2025, revealing a revenue increase to $3.03 billion, up 5.1% from $2.88 billion in the same period last year. For the nine months ending June 27, 2025, total revenues reached $8.88 billion, a 3.9% increase from $8.54 billion in the prior year. The company’s operating profit for the quarter was $235.0 million, compared to $171.0 million in the previous year, while net earnings attributable to Jacobs increased to $179.6 million from $146.9 million year-over-year.

The financial performance reflects significant changes compared to the previous fiscal period, particularly in operating profit, which rose by 37.4% for the quarter. The increase in revenue was driven by strong performance in the Infrastructure & Advanced Facilities segment, which generated $2.70 billion in revenue, up from $2.60 billion. The PA Consulting segment also contributed positively, with revenues increasing to $332.7 million from $288.3 million. However, the company reported a net loss from discontinued operations of $2.1 million for the quarter, compared to a profit of $63.5 million in the prior year, primarily due to the divestiture of its Critical Mission Solutions and Cyber & Intelligence businesses.

Strategically, Jacobs completed a significant Reverse Morris Trust transaction in September 2024, which involved the spin-off of its Critical Mission Solutions and Cyber & Intelligence businesses into a new entity, Amentum Holdings, Inc. This strategic move has allowed Jacobs to focus on its core operations while receiving a cash payment of approximately $911 million from the transaction. The company also reported a remaining performance obligation of approximately $15.2 billion as of June 27, 2025, indicating a strong backlog of work.

Operationally, Jacobs has seen a slight decrease in its employee headcount, which stood at 50,000 as of June 27, 2025, down from 51,000 in the previous year. The company continues to engage in share repurchase programs, having repurchased approximately 1.4 million shares under its 2025 Repurchase Authorization. The company declared a quarterly dividend of $0.32 per share, reflecting its commitment to returning value to shareholders.

Looking ahead, Jacobs anticipates continued growth driven by its strategic focus on infrastructure and advanced facilities, alongside the ongoing integration of its consulting services. The company expects to recognize approximately 51% of its remaining performance obligations into revenue within the next twelve months, with the remainder expected to be recognized over the following four years. Jacobs remains optimistic about its operational efficiency and market position, despite the challenges posed by the recent divestitures and market conditions.