JACOBS SOLUTIONS INC.
Business
Jacobs Solutions Inc. is a global consulting and engineering company providing end-to-end solutions across advanced manufacturing, cities & places, energy, environmental, life sciences, transportation and water. Core services span advisory and consulting, feasibility and planning, design, program delivery and lifecycle management. Operating segments are Infrastructure & Advanced Facilities, serving critical infrastructure, water & environmental and life sciences markets, and PA Consulting, a majority-owned innovation and transformation consultancy. The company operates in over 40 countries, serving national, state and local governments and multinational private sector clients globally.
Summary from 10-K filed 2025-11-20
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-09-30 | FY 2024 2024-09-30 | FY 2023 2023-09-30 | FY 2022 2022-09-30 | FY 2021 2021-09-30 |
|---|---|---|---|---|---|---|
| Revenues | 12,030 | 11,501 | 10,851 | 9,783 | 14,093 | |
| Direct cost of contracts | −9,045 | −8,668 | −8,141 | −7,203 | −11,049 | |
| Gross profit | 2,985 | 2,833 | 2,711 | 2,580 | 3,044 | |
| Selling, general and administrative expenses | −2,121 | −2,140 | −2,034 | −2,040 | −2,356 | |
| Operating Profit | 864 | 692 | 676 | 540 | 688 | |
| Interest income | 36 | 34 | 25 | 4 | 4 | |
| Interest expense | −146 | −169 | −168 | −100 | — | |
| Loss on extinguishment of debt | −21 | 0 | 0 | — | — | |
| Miscellaneous (expense) income, net | −190 | 219 | −12 | 33 | 77 | |
| Total other (expense) income, net | −320 | 85 | −156 | −62 | 8 | |
| Earnings from Continuing Operations Before Taxes | 543 | 777 | 521 | 477 | 696 | |
| Income Tax Expense for Continuing Operations | −216 | −131 | −101 | −66 | −275 | |
| Net Earnings of the Group from Continuing Operations | 328 | 646 | 420 | 411 | 421 | |
| Net (Loss) Earnings of the Group from Discontinued Operations, net of tax | −24 | 207 | 300 | 304 | 10 | |
| Net Earnings of the Group | 304 | 853 | 720 | 715 | 431 | |
| Net Earnings Attributable to Noncontrolling Interests from Continuing Operations | −3 | −18 | −19 | −22 | −39 | |
| Net Earnings Attributable to Redeemable Noncontrolling Interests | −11 | −15 | −22 | −35 | 85 | |
| Net Earnings Attributable to Jacobs from Continuing Operations | 313 | 613 | 379 | 354 | 467 | |
| Net Earnings Attributable to Noncontrolling Interests from Discontinued Operations | 0 | −14 | −13 | −14 | 0 | |
| Net (Loss) Earnings Attributable to Jacobs from Discontinued Operations | −24 | 193 | 287 | 290 | 10 | |
| Net Earnings Attributable to Jacobs | 289 | 806 | 666 | 644 | 477 | |
| Basic Net Earnings from Continuing Operations Per Share (in dollars per share) | 2.59 | 4.81 | 3.06 | 2.75 | 3.15 | |
| Basic Net Earnings from Discontinued Operations Per Share (in dollars per share) | −0.2 | 1.54 | 2.26 | 2.25 | 0.08 | |
| Basic Earnings Per Share (in dollars per share) | 2.39 | 6.35 | 5.32 | 5.01 | 3.22 | |
| Diluted Net Earnings from Continuing Operations Per Share (in dollars per share) | 2.58 | 4.79 | 3.05 | 2.74 | 3.12 | |
| Diluted Net Earnings from Discontinued Operations Per Share (in dollars per share) | −0.2 | 1.54 | 2.25 | 2.24 | 0.08 | |
| Diluted Earnings Per Share (in dollars per share) | 2.38 | 6.32 | 5.3 | 4.98 | 3.2 |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-09-30 | FY 2024 2024-09-30 | FY 2023 2023-09-30 | FY 2022 2022-09-30 | FY 2021 2021-09-30 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 1,235 | 1,145 | 771 | 1,140 | 1,014 | |
| Receivables and contract assets | 2,989 | 2,845 | 2,431 | 3,405 | 3,101 | |
| Prepaid expenses and other | 135 | 156 | 141 | 176 | 176 | |
| Investment in equity securities | 0 | 749 | 1,348 | — | — | |
| Total current assets | 4,359 | 4,896 | 4,690 | 4,722 | 4,292 | |
| Property, Equipment and Improvements, net | 312 | 316 | 280 | 347 | 353 | |
| Goodwill | 4,781 | 4,788 | 4,644 | 7,185 | 7,197 | |
| Intangibles, net | 718 | 875 | 951 | 1,394 | 1,566 | |
| Deferred income tax assets | 326 | 195 | 53 | 31 | 103 | |
| Operating lease right-of-use assets | 289 | 304 | 325 | 477 | 650 | |
| Miscellaneous | 468 | 385 | 419 | 505 | 472 | |
| Total other noncurrent assets | 6,581 | 6,548 | 9,647 | 9,592 | 9,988 | |
| Total assets | 11,253 | 11,759 | 14,617 | 14,660 | 14,633 | |
| Current maturities of long-term debt | 0 | 876 | 61 | 50 | — | |
| Accounts payable | 1,261 | 1,029 | 922 | 967 | 908 | |
| Accrued liabilities | 1,038 | 1,088 | 975 | 1,442 | 1,534 | |
| Operating lease liability | 111 | 120 | 126 | 150 | 172 | |
| Contract liabilities | 941 | 967 | 709 | 642 | 542 | |
| Total current liabilities | 3,351 | 4,080 | 3,423 | 3,251 | 3,210 | |
| Long-term debt | 2,236 | 1,349 | 2,813 | 3,357 | 2,840 | |
| Liabilities relating to defined benefit pension and retirement plans | 272 | 298 | 247 | 271 | 418 | |
| Deferred income tax liabilities | 152 | 117 | 121 | 269 | 214 | |
| Long-term operating lease liability | 362 | 408 | 466 | 607 | 758 | |
| Other deferred liabilities | 212 | 120 | 117 | 168 | 559 | |
| Total other noncurrent liabilities | 3,235 | 2,292 | — | — | — | |
| Commitments and Contingencies | — | — | — | — | — | |
| Redeemable Noncontrolling Interests | 1,019 | 820 | 633 | 633 | 658 | |
| Preferred stock, $1 par value, authorized - 1,000,000 shares; issued and outstanding - none | 0 | 0 | 0 | 0 | 0 | |
| Common stock $1 par value, authorized - 240,000,000 shares; issued and outstanding - 119,081,294 shares and 124,084,028 shares as of September 26, 2025 and September 27, 2024, respectively | 119 | 124 | 126 | 127 | 129 | |
| Additional paid-in capital | 2,706 | 2,758 | 2,735 | 2,682 | 2,590 | |
| Retained earnings | 1,526 | 2,367 | 4,543 | 4,226 | 4,016 | |
| Accumulated other comprehensive loss | −710 | −699 | −858 | −975 | −794 | |
| Total Jacobs stockholders equity | 3,641 | 4,549 | 6,546 | 6,060 | 5,940 | |
| Noncontrolling interests | 7 | 18 | 54 | 44 | 35 | |
| Total Group stockholders equity | 3,648 | 4,567 | 6,600 | 6,104 | 5,975 | |
| Total liabilities and stockholders' equity | 11,253 | 11,759 | 14,617 | 14,660 | 14,633 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-09-30 | FY 2024 2024-09-30 | FY 2023 2023-09-30 | FY 2022 2022-09-30 | FY 2021 2021-09-30 |
|---|---|---|---|---|---|---|
| Property, equipment and improvements | 82 | 99 | 103 | 102 | 101 | |
| Intangible assets | 156 | 210 | 204 | 199 | 150 | |
| Loss (gain) on investment in equity securities | 227 | −187 | 0 | 0 | −71 | |
| Stock based compensation | 61 | 74 | 74 | 53 | 56 | |
| Equity in earnings of operating ventures, net of return on capital distributions | −2 | −16 | −324,000 | 18 | 11 | |
| (Gain) loss on disposals of assets, net | −722,000 | −3 | 8 | −19 | 1 | |
| Impairment of equity method investment and other long-term assets | 0 | 3 | 48 | 78 | — | |
| Deferred income taxes | −95 | −225 | −77 | 112 | 114 | |
| Receivables and contract assets, net of contract liabilities | −178 | 60 | −8 | −268 | 242 | |
| Prepaid expenses and other current assets | 8 | 11 | −34 | 6,000 | 7 | |
| Miscellaneous other assets | 61 | 105 | 92 | 114 | 116 | |
| Accounts payable | 231 | 81 | 166 | 87 | −166 | |
| Income taxes payable | −183 | 94 | 9 | −70 | 21 | |
| Accrued liabilities | −65 | −138 | −279 | −552 | −252 | |
| Other deferred liabilities | 75 | 6 | −50 | −74 | −64 | |
| Other, net | −16 | 29 | −1 | −22 | 2 | |
| Net cash provided by operating activities | 687 | 1,055 | 975 | 475 | 726 | |
| Additions to property and equipment | −79 | −121 | −137 | −128 | −93 | |
| Disposals of property and equipment and other assets | 2 | 6 | 2 | 9 | 474,000 | |
| Capital contributions to equity investees, net of return of capital distributions | 2 | 2 | 8 | 3 | −5 | |
| Acquisitions of businesses, net of cash acquired | 0 | −14 | −18 | −437 | −1,741 | |
| Net cash used for investing activities | −75 | −127 | −146 | −538 | −1,381 | |
| Proceeds from long-term borrowings | 2,458 | 4,607 | 3,860 | 3,146 | 4,445 | |
| Repayments of long-term borrowings | −1,472 | −3,370 | −4,487 | −2,420 | −3,217 | |
| Proceeds from short-term borrowings | 0 | 5 | 13 | 0 | 0 | |
| Repayments of short-term borrowings | −657 | −867 | −3 | −6 | −8 | |
| Debt issuance costs | −92,000 | −34 | −17 | 0 | −3 | |
| Proceeds from issuances of common stock | 35 | 48 | 48 | 51 | 38 | |
| Common stock repurchases | −754 | −403 | −266 | −282 | −275 | |
| Taxes paid on vested restricted stock | −27 | −42 | −24 | −29 | −26 | |
| Cash dividends to shareholders | −153 | −143 | −128 | −116 | −107 | |
| Net dividends associated with noncontrolling interests | −14 | −22 | −23 | −27 | −49 | |
| Repurchase of redeemable noncontrolling interests | −10 | −55 | −93 | −46 | 0 | |
| Proceeds from issuances of redeemable noncontrolling interests | 0 | 20 | 34 | 50 | 0 | |
| Cash impact from distribution of SpinCo Business | 70 | −495 | 0 | 0 | — | |
| Net cash used for financing activities | −525 | −752 | −1,086 | 320 | 799 | |
| Effect of Exchange Rate Changes | 4 | 42 | 33 | −129 | 20 | |
| Net Increase (Decrease) in Cash and Cash Equivalents and Restricted Cash | 90 | 217 | −225 | 128 | 164 |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is JACOBS SOLUTIONS INC.'s CIK number?
JACOBS SOLUTIONS INC.'s SEC CIK number is 0000052988 (52988). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find JACOBS SOLUTIONS INC.'s SEC filings?
All of JACOBS SOLUTIONS INC.'s EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did JACOBS SOLUTIONS INC. last report earnings?
JACOBS SOLUTIONS INC. (J) most recently filed an earnings 8-K with the SEC on May 5, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001628280-26-030521). This is JACOBS SOLUTIONS INC.'s most recent earnings filing of record — not a forecast of its next earnings date.
What is JACOBS SOLUTIONS INC.'s most recent earnings 8-K?
JACOBS SOLUTIONS INC.'s latest earnings 8-K (Item 2.02) was filed May 5, 2026 under accession 0001628280-26-030521. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View JACOBS SOLUTIONS INC.'s latest earnings 8-K →
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