Core Insights - Jacobs Solutions Inc. reported strong first-quarter fiscal 2026 results, with adjusted earnings and revenues exceeding expectations and showing year-over-year growth [1][4] Financial Performance - Adjusted EPS was $1.53, surpassing the Zacks Consensus Estimate of $1.52 by 0.7%, and increased from $1.33 in the same quarter last year [4] - Gross revenues reached $3.29 billion, exceeding the consensus mark of $3.18 billion by 3.5% and growing 12.3% year over year [4] - Adjusted net revenues were $2.25 billion, up 8.2% year over year [4] - Adjusted operating profit grew 8.2% to $299.6 million, with an adjusted operating margin remaining flat at 13.3% [5] - Adjusted EBITDA was $302.6 million, up 7.3% year over year, with a margin of 13.4%, down 10 basis points from the previous year [5] Segment Performance - Infrastructure & Advanced Facilities segment revenues totaled $2.94 billion, a 12% increase year over year, with adjusted net revenues of $1.9 billion, up 6.9% [6] - PA Consulting segment generated $354.4 million in revenues, a 15.5% increase from the previous year [8] Backlog and Demand - Fiscal first-quarter backlog increased 20.6% year over year to $26.3 billion, indicating strong project wins and a book-to-bill ratio of 1.4x [5][9] - The backlog at the end of the quarter was $25.9 billion, up from $21.48 billion a year ago [7] Cash Flow and Balance Sheet - Cash and cash equivalents at the end of the quarter were $1.55 billion, up from $1.24 billion at the end of fiscal 2025 [11] - Net cash provided by operating activities totaled $380.8 million, significantly up from $107.5 million in the same period last year [12] - Free cash flow was $364.9 million, up from $97.1 million a year ago [12] Future Outlook - Jacobs raised its fiscal 2026 guidance, expecting adjusted net revenues to grow between 6.5% and 10% and adjusted EPS to be between $6.95 and $7.30 [13] - The company anticipates a free cash flow margin ranging from 7% to 8.5% [14]

Jacobs Solutions (NYSE:J) Q1 2026 Earnings call February 03, 2026 04:30 PM ET Company ParticipantsBert Subin - SVP of Investor RelationsBob Pragada - Chair and CEOVenkatesh Nathamuni - CFOConference Call ParticipantsAdam Bubes - AnalystAndrew Wittmann - AnalystAndy Kaplowitz - AnalystChad Dillard - AnalystJamie Cook - AnalystJerry Revich - AnalystMichael Dudas - AnalystSabahat Khan - AnalystSangita Jain - AnalystSteven Fisher - AnalystOperatorLadies and gentlemen, thank you for standing by. My name is Krist ...

Jacobs Solutions (NYSE:J) Q1 2026 Earnings call February 03, 2026 04:30 PM ET Speaker9Ladies and gentlemen, thank you for standing by. My name is Krista, and I will be your conference operator today. At this time, I would like to welcome you to the Jacobs Solutions Fiscal First Quarter 2026 Earnings Conference Call and Webcast. All lines have been placed on mute to prevent any background noise. After the speaker's remarks, there will be a question-and-answer session. If you would like to ask a question at t ...