Jacobs Solutions said gross revenue for the quarter ended March 28, 2025 (fiscal Q2) was $2,910,415 thousand, GAAP net earnings from continuing operations were $11,162 thousand (diluted earnings per share of $0.10) and adjusted EPS was $1.43.

1. 01

   Jacobs Solutions said gross revenue for the quarter ended March 28, 2025 (fiscal Q2) was $2,910,415 thousand, GAAP net earnings from continuing operations were $11,162 thousand (diluted earnings per share of $0.10) and adjusted EPS was $1.43.

2. 02

   The company said a reserve in connection with an unfavorable interim ruling against a consolidated joint venture in which it holds a 50% interest adversely impacted revenue and profit for Q2, and mark-to-market losses on its Amentum investment of $109.5 million reduced GAAP net income and EPS.

3. 03

   Jacobs said it repurchased $351 million of its shares in Q2 and $552 million in the first half of the fiscal year, retired $312 million in debt via an equity for debt exchange using its stake in AMTM, and refinanced approximately $700 million of existing debt at a lower interest rate.

4. 04

   The company said backlog was $22.2 billion, up 20.0% year-over-year, and reaffirmed its fiscal 2025 guidance for adjusted EBITDA margin of 13.8 to 14.0% and adjusted EPS of $5.85 to $6.20.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the opening part of the filing body and confirmed exhibits, within a length limit. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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