Jacobs raises fiscal 2026 guidance after strong third-quarter results
Filed with the SEC on · Summarized by InvestorsBot
Jacobs reported fiscal third-quarter 2026 gross revenue of $4.1 billion, up 34.5% year over year, and adjusted EPS of $1.84, up 13.6%, while GAAP EPS fell to $1.16 partly because of a temporarily higher tax rate tied to the PA Consulting transaction. Backlog reached a record $28.9 billion, and the company repurchased $142 million of shares during the quarter; Jacobs raised its fiscal 2026 adjusted net revenue growth outlook to 9.5%-10.0% and adjusted EPS guidance to $7.20-$7.30.