J · 10-Q · 2026Q2 · Full report
Revenue Performance and Mix
JACOBS SOLUTIONS INC. · 2026-08-04 · Importance 64 · Surprise 56 · No source text
Third-quarter fiscal 2026 revenue increased 34.5% year over year to $4.08 billion from $3.03 billion, while nine-month revenue increased 24.7% to $11.06 billion from $8.88 billion. Infrastructure & Advanced Facilities generated $3.75 billion in third-quarter revenue and $10.02 billion for the nine months, increases of 39% and 26%, respectively, driven by Global Operations, Americas and International, including higher pass-through costs. PA Consulting generated $329.5 million in third-quarter revenue, down 1% because of delayed client approvals, and $1.04 billion for the nine months, up 10% primarily from public services growth. Foreign-currency translation favorably affected revenue by $21.0 million in the quarter and $136.4 million year to date, while total backlog increased to $28.89 billion from $22.69 billion a year earlier, led by Advanced Manufacturing and organic PA Consulting growth.
Key facts
- Backlog at June 26, 2026 was $28,429 million for Infrastructure & Advanced Facilities and $28,888 million total backlog, compared to $22,270 million I&AF and $22,690 million total at June 27, 2025 source
- Revenues for the third fiscal quarter of 2026 were $4,076,410 thousand, an increase of $1,044,642 thousand, or 34.5%, from $3,031,768 thousand for the corresponding period last year source
- I&AF revenues for the three months ended June 26, 2026 were $3,746,900 thousand, compared to $2,699,062 thousand for the three months ended June 27, 2025, an increase of $1,047,838 thousand or 39% source
- Revenues for the nine months ended June 26, 2026 were $11,064,572 thousand, an increase of $2,189,433 thousand, or 24.7%, from $8,875,139 thousand for the corresponding period last year source
- I&AF revenues for the nine months ended June 26, 2026 were $10,022,055 thousand, compared to $7,928,023 thousand for the nine months ended June 27, 2025, an increase of $2,094,032 thousand or 26% source
- I&AF operating profit for the nine months ended June 26, 2026 was $708,089 thousand compared to $649,514 thousand for the nine months ended June 27, 2025, an increase of $58,575 thousand or 9% source
- I&AF operating profit for the three months ended June 26, 2026 was $268,125 thousand compared to $235,975 thousand for the three months ended June 27, 2025, an increase of $32,150 thousand or 14% source
- PA Consulting operating profit for the nine months ended June 26, 2026 was $238,399 thousand compared to $206,502 thousand for the nine months ended June 27, 2025, an increase of $31,897 thousand or 15% source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| revenue | positive | probable | +76.0% | Backlog at June 26, 2026 was $28,429 million for Infrastructure & Advanced Facilities and $28,888 million total backlog, compared to… |
| revenue | positive | realized | +53.7% | Revenues for the nine months ended June 26, 2026 were $11,064,572 thousand, an increase of $2,189,433 thousand, or 24.7%, from $8,875,139… |
| revenue | positive | realized | +51.4% | I&AF revenues for the nine months ended June 26, 2026 were $10,022,055 thousand, compared to $7,928,023 thousand for the nine months ended… |
| revenue | positive | realized | +25.6% | Revenues for the third fiscal quarter of 2026 were $4,076,410 thousand, an increase of $1,044,642 thousand, or 34.5%, from $3,031,768… |
| operating_income | negative | realized | -5.3% | Consolidated operating profit for the nine months ended June 26, 2026 was $438,088 thousand compared to $652,079 thousand for the nine… |
| operating_income | positive | realized | +1.4% | I&AF operating profit for the nine months ended June 26, 2026 was $708,089 thousand compared to $649,514 thousand for the nine months… |
| operating_income | positive | realized | +0.8% | I&AF operating profit for the three months ended June 26, 2026 was $268,125 thousand compared to $235,975 thousand for the three months… |
| revenue | positive | realized | — | Nine months ended June 26, 2026 Obligor Group revenue on a combined basis was $3,286,011 thousand. |