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 by over 8% year-over-year, all organic. The company raised its fiscal year 2026 adjusted net revenue growth guidance to 9.5% to 10%, reflecting strong underlying business momentum and a record backlog of $29 billion, which grew 27% year-over-year. Management expressed confidence in continued growth, particularly in the life sciences and advanced manufacturing sectors, as well as a positive outlook for the environmental sector moving into FY '27.

Reported metrics

Guidance from management

Jacobs raised its fiscal year 2026 adjusted net revenue growth guidance to 9.5% to 10% year-over-year and adjusted EPS guidance to $7.20 to $7.30. The company expects a strong finish to Q4 with an adjusted EBITDA margin of approximately 16%.

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 about the variability in the fourth quarter guidance, particularly regarding the drivers behind the low and high ends of the EPS forecast. There were also questions about the sustainability of the book-to-bill ratio and the impact of international growth, particularly in the Middle East, on overall performance moving forward.

Main topics on the call

• Record Backlog Growth — Jacobs' backlog reached a record $29 billion, growing 27% year-over-year, with a trailing 12-month book-to-bill ratio of 1.4x on gross revenue. Management noted, "We see continued strong underlying business momentum as r...
• Strong Performance in Life Sciences and Advanced Manufacturing — The life sciences and advanced manufacturing sectors saw net revenue growth of 24% in Q3, the highest since reporting began in late 2024. Management stated, "Strong performance in the data center and semiconductor sector...
• Environmental Sector Recovery — Management indicated a return to growth in the environmental sector, with notable project wins expected to start burning in Q4. Bob Pragada commented, "We're positioned extremely well to be on those growth rates that we ...
• Margin Expansion — Jacobs achieved an adjusted EBITDA margin of 15.2%, up 109 basis points year-over-year, with expectations to reach approximately 16% in Q4. Venk Nathamuni noted, "We've done a pretty good job of increasing our margins se...

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.

Earnings Call History

EarningsCalls.dev has 80 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

80

First call

February 4, 2020

Most recent

August 4, 2026

Reporting cadence

quarterly