J · 10-Q · 2026Q2

JACOBS SOLUTIONS INC.

Filed 2026-08-04 · Other · View original filing on EDGAR

Ranked Events

• End-Market Demand TrendsImportance 71 · Surprise 48
  Infrastructure & Advanced Facilities (I&AF) revenue increased 39% in the quarter and 26% year to date, driven primarily by stronger performance in Global Operations, with the Americas and International sectors also…
• Interest Rate EnvironmentImportance 71 · Surprise 82
  Net interest expense increased 61.2% year over year to $46.3 million in the third quarter of fiscal 2026 from $28.8 million. For the nine months, net interest expense increased 26.2% to $104.7 million from $83.0…
• Acquisition / Partnership / DivestitureImportance 71 · Surprise 60
  Jacobs completed its acquisition of the remaining PA Consulting shares on March 20, 2026 under an Implementation Deed entered into on January 2, 2026. The aggregate initial consideration was approximately £1.21…
• Outstanding IndebtednessImportance 64 · Surprise 42
  Long-term debt increased $1.3 billion from September 26, 2025, primarily because Jacobs issued $800.0 million of 4.75% Bonds and $500.0 million of 5.375% Bonds on March 3, 2026. The bond proceeds were used to repay the…
• Capital Return ProgramImportance 64 · Surprise 42
  During the nine months ended June 26, 2026, Jacobs repurchased $614.1 million of common stock and paid $123.4 million in shareholder dividends. The company also paid $917.6 million to repurchase the remaining…
• Revenue Performance and MixImportance 64 · Surprise 56
  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…
• Operating Expense TrendsImportance 62 · Surprise 58
  SG&A increased $366.8 million, or 23.4%, to $1.93 billion for the nine months ended June 26, 2026, while third-quarter SG&A was essentially flat at $524.0 million versus $523.4 million. The year-to-date increase…
• Income Tax Rate ChangesImportance 59 · Surprise 82
  The continuing-operations effective tax rate rose to 43.4% in the third quarter of fiscal 2026 from 21.9% a year earlier, increasing quarterly tax expense by $50.9 million to $104.6 million. The quarter included $35.8…
• Liquidity and Cash PositionImportance 56 · Surprise 24
  At June 26, 2026, Jacobs held $1.17 billion in cash and cash equivalents and had $1.50 billion of available capacity under the JSI Revolving Credit Facility. Long-term debt increased by $1.3 billion year over year,…
• Operating Cash Flow TrendsImportance 52 · Surprise 40
  Net cash provided by operating activities increased to $352.8 million for the nine months ended June 26, 2026, up $49.1 million from $303.6 million in the prior-year period. The improvement primarily reflected…
• FX / Currency HeadwindsImportance 51 · Surprise 64
  Foreign-currency translation increased revenue by $21.0 million in the third quarter and $136.4 million in the nine months ended June 26, 2026, compared with $37.2 million and $34.8 million, respectively, in the…
• Headcount / RestructuringImportance 40 · Surprise 42
  Separation-related restructuring generated $16.8 million of pre-tax cash charges during the nine months ended June 26, 2026, with the program expected to finish in fiscal 2026 and produce $200 million to $245 million…
• Gross Margin DriversImportance 37 · Surprise 48
  Third-quarter gross profit increased $52.3 million, or 6.9%, to $810.7 million, but gross margin declined to 19.9% from 25.0% a year earlier. Nine-month gross profit increased $152.8 million, or 6.9%, to $2.37 billion,…
• Geographic Market CommentaryImportance 30 · Surprise 38
  I&AF performance strengthened across its Global Operations, Americas and International sectors. Jacobs serves government clients across the U.S., U.K., Europe, the Middle East and Asia Pacific, as well as multinational…
• Capital ExpendituresImportance 28 · Surprise 30
  Jacobs used $61.7 million for additions to property and equipment during the nine months ended June 26, 2026. Capital expenditures increased $12.1 million, or 24.3%, from $49.7 million in the corresponding prior-year…
• Products and TechnologyImportance 26 · Surprise 24
  Jacobs combines consulting, planning, architecture, design, engineering, project delivery and long-term facility operations with digital, data and technology-enabled capabilities. Its technology offerings include data…
• Customer Approval DelaysImportance 17 · Surprise 24
  PA Consulting quarterly revenue was affected by delayed client approvals, which adversely affected the timing of revenue recognition. The issue affected the three-month period even though nine-month revenue increased…

Revenue by Product (in thousands)

Revenue by Geography (in thousands)