Prnewswire·2025-11-20 11:45Core Insights - Jacobs Solutions Inc. reported a 6.6% year-over-year increase in gross revenue for the fiscal fourth quarter of 2025, reaching $3.2 billion, while adjusted net revenue grew by 5.8% to $2.2 billion [1][9] - The company achieved a record backlog of $23.1 billion, with a trailing twelve months (TTM) book-to-bill ratio of 1.1x, indicating strong demand for its services [1][9] - Jacobs returned a record $1.1 billion to shareholders through share repurchases and dividends during fiscal 2025 [1][2] Fiscal Fourth Quarter 2025 Financial Highlights - Revenue for Q4 2025 was $3,154,644, compared to $2,960,150 in Q4 2024, reflecting a change of $194,494 [6] - Adjusted net revenue for Q4 2025 was $2,242,246, up from $2,118,930 in Q4 2024, an increase of $123,316 [6] - GAAP net earnings from continuing operations were $138,036, a decrease of 55.4% year-over-year, primarily due to mark-to-market losses related to Amentum stock [9] - Adjusted EPS from continuing operations increased by 27.7% to $1.75, compared to $1.37 in the previous year [9] Fiscal Year 2025 Financial Highlights - Total revenue for fiscal 2025 was $12,029,783, up from $11,500,941 in fiscal 2024, marking an increase of $528,842 [7] - Adjusted net revenue for fiscal 2025 was $8,694,965, compared to $8,259,301 in fiscal 2024, an increase of $435,664 [7] - GAAP net earnings from continuing operations were $313,302, down 48.9% year-over-year, impacted by mark-to-market losses [9] - Adjusted EPS from continuing operations rose by 15.9% to $6.12, compared to $5.28 in the previous year [9] Financial Outlook for Fiscal 2026 - The company anticipates adjusted net revenue growth of 6% to 10% over fiscal 2025, with adjusted EBITDA margin expected to range from 14.4% to 14.7% [3] - Adjusted EPS is projected to be between $6.90 and $7.30, with free cash flow margin expected to range from 7.0% to 8.0% [3] Strategic Commentary - Jacobs' CEO highlighted that the company met or exceeded all key metrics for FY25, driven by growth in sectors such as Life Sciences, Data Center, Water, Energy & Power, and Transportation [2] - The CFO noted that the company is starting FY26 with a record backlog and expects continued growth in revenue, margins, EPS, and free cash flow [2]