Engineering services provider Jacobs beats Q4 revenue expectations

Jacobs Solutions

20/11/2025 11:53

Overview

Jacobs fiscal Q4 revenue grows 6.6% y/y, beating analyst expectations

Adjusted EPS for fiscal Q4 beats consensus, indicating strong operational performance

GAAP net earnings for fiscal Q4 fall 55.4% y/y due to Amentum investment losses

Outlook

Company forecasts fiscal 2026 adjusted net revenue growth of 6% to 10%

Jacobs expects fiscal 2026 adjusted EPS between $6.90 and $7.30

Company anticipates fiscal 2026 free cash flow margin of 7.0% to 8.0%

Result Drivers

SECTOR GROWTH - Life Sciences, Data Center, Water, Energy & Power, and Transportation sectors drove revenue growth, per CEO Bob Pragada

RECORD BACKLOG - Co's backlog reached a new record of $23.1 bln, indicating strong future demand

ADJUSTED EPS INCREASE - Adjusted EPS rose 27.7% y/y, reflecting improved operational efficiency

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Beat
$3.20 bln
$2.26 bln (9 Analysts)
Q4 Adjusted EPS
Beat
$1.75
$1.68 (12 Analysts)
Q4 EPS
$1.05
Q4 Net Income
$138 mln
Q4 Adjusted EBITDA
Miss
$324 mln
$330.56 mln (9 Analysts)

Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 11 "strong buy" or "buy", 6 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the business support services peer group is "buy"

Wall Street's median 12-month price target for Jacobs Solutions Inc is $161.00, about 9.9% above its November 19 closing price of $145.05

The stock recently traded at 21 times the next 12-month earnings vs. a P/E of 21 three months ago

Press Release: ID:nPn2P1wT8a

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)