Jacobs Solutions Inc. reported robust first-quarter earnings for FY 2026 with 15% year-over-year adjusted EPS growth, driven by record backlog and strategic acquisitions.
- Adjusted EPS increased 15% to $1.53, supported by 8% net revenue growth and strong underlying margins.
- Backlog reached a record $26.3 billion, up 21% year-over-year, with a trailing twelve-month book-to-bill ratio of 1.4 times.
- The company announced a full acquisition of PA Consulting, enhancing capabilities in digital consulting and AI advisory.
- Major project awards include significant contracts in water infrastructure and advanced manufacturing, positioning Jacobs for continued growth in high-demand sectors.
- Q1 adjustments and cost management resulted in a notable Q1 EBITDA margin of 13.4%.
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