Jacobs Solutions Inc. (J) Earnings Call Transcripts
Jacobs Solutions Inc.'s Latest Earnings Call - Q3 FY2026
In Jacobs Solutions Inc.'s Q3 2026 earnings call, the company reported strong financial performance with adjusted EPS growing 14% to $1.84 and adjusted net revenue increasing more than 8% year-over-year. The company raised its fiscal year 2026 guidance, now expecting adjusted net revenue growth of 9.5% to 10% and adjusted EPS in the range of $7.20 to $7.30, indicating robust underlying business momentum. Additionally, Jacobs achieved record backlog levels of $29 billion, reflecting a 27% year-over-year increase, which positions the company favorably for continued growth into FY '27.
Reported metrics
| Metric | Value |
|---|---|
| Adjusted EPS | $1.84 (beat) |
| Adjusted Net Revenue | $2.1B (inline) |
| Adjusted EBITDA Margin | 15.2% (inline) |
| Backlog | $29B (positive) |
| Free Cash Flow | $541M (positive) |
| Fiscal Year '26 Adjusted EPS Guidance | $7.20 - $7.30 (positive) |
Guidance from management
Jacobs raised its fiscal year 2026 adjusted net revenue growth range to 9.5% to 10% and adjusted EPS guidance to $7.20 to $7.30, indicating strong business momentum and confidence in future performance.
What management said
Thank you, Venk. In closing, I'd like to express my gratitude for the trust our clients continue to place in Jacobs and to our more than 47,000 talented employees for their continued commitment to delivering excellence. We're tracking very well heading into the final quarter of the fiscal year with strong Q3 performance, enabling us to increase the midpoint of our full year adjusted EPS outlook for the third consecut...
Yes, Andy, I'll take the question. Yes. So obviously, as you pointed out, good solid growth in Q4 that we're projecting and good growth for the full year. certainly, our backlog is in a really good position. I think we will defer specifics on the growth algorithm for fiscal '27 on the next call. But suffice it to say that looking at our current backlog position, we feel pretty good about growth at least in line with ...
What analysts pressed on
Analysts expressed concerns regarding the sustainability of the high book-to-bill ratio and the potential variability in Q4 earnings guidance. There were questions about the pace of growth in the environmental sector and how it would impact future revenue streams.
Main topics on the call
- Record Backlog Growth — Jacobs reported a record backlog of $29 billion, up 27% year-over-year, with a trailing 12-month book-to-bill ratio of 1.4x on gross revenue. CEO Bob Pragada stated, "We see continued strong underlying business momentum ...
- Strong Performance in Life Sciences and Advanced Manufacturing — The life sciences and advanced manufacturing segments saw net revenue growth of 24%, the highest since reporting began in 2024. This performance is attributed to high demand in the data center and semiconductor sectors, ...
- Margin Expansion — Jacobs achieved an adjusted EBITDA margin of 15.2%, up 109 basis points year-over-year. The company expects to reach a margin of approximately 16% in Q4, driven by increased utilization and improved operational efficienc...
- Environmental Sector Outlook — Management indicated a return to growth in the environmental sector, with new project awards expected to drive sequential improvement in Q4. CEO Pragada noted, "We’re excited about the sector," signaling confidence in fu...
Read the full Jacobs Solutions Inc. transcript (Q3 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.
About Jacobs Solutions Inc.
Jacobs Solutions Inc. (J) is a publicly listed company in the Professional Services industry, within the Industrials sector. It trades on NYSE and is based in US. EarningsCalls.dev maintains a free, full-text archive of its earnings call transcripts — 82 calls on record spanning February 4, 2020 to August 4, 2026. Every transcript is split into speaker-by-speaker segments with headline metrics, free to read or available through our REST API.
Earnings Call History
EarningsCalls.dev has 82 Jacobs Solutions Inc. earnings call transcripts on record, spanning February 4, 2020 to August 4, 2026. Based on this history, Jacobs Solutions Inc. reports quarterly. The most recent call on file is dated August 4, 2026. The full list is below — each row opens the complete, free-to-read transcript.
- Ticker
- J
- Exchange
- NYSE
- Country
- US
- Sector
- Industrials
- Industry
- Professional Services
- Calls on record
- 82
- First call
- February 4, 2020
- Most recent
- August 4, 2026
- Reporting cadence
- quarterly