Citable filing context
J's research view summarizes recent SEC filing context, starting with management_change from Sep 23, 2026.
| Filed | Item | Context |
|---|---|---|
| Sep 23, 2026 | management_change | Jacobs Solutions entered into a separation agreement with President Shannon Miller, outlining her severance and equity vesting terms. |
| Aug 14, 2026 | management_change | Shannon Miller transitioned from her role as President, Strategy, Growth & Digital, effective August 10, 2026. |
| Aug 4, 2026 | earnings | Jacobs Solutions Inc. reported fiscal third quarter 2026 gross revenue of $4.1 billion, up 34.5% year-over-year. |
| Aug 4, 2026 | Guidance: adjusted_ebitda_margin | 14.70 to 14.80 |
| Aug 4, 2026 | Guidance: adjusted_eps | 7.20 to 7.30 |
| Aug 4, 2026 | Guidance: adjusted_free_cash_flow_margin | not reported to not reported |
| Aug 4, 2026 | mda_quarterly | Jacobs’ financial performance for the third quarter of 2026 reflects a strategic pivot toward high-value consulting and infrastructure services, underscored by the March 2026 acquisition of the remaining interest in PA Consulting for approximately £1.21 billion. This transaction, alongside the September 2024 separation of the Critical Mission Solutions and Cyber & Intelligence businesses, has fundamentally reshaped the company’s portfolio. Revenue for the third quarter reached $4.08 billion, a 34.5% increase year-over-year, primarily driven by strong performance in the Infrastructure & Advanced Facilities (I&AF) segment, particularly within the Global Operations, Americas, and International sectors. While I&AF backlog grew to $28.4 billion, driven by advanced manufacturing demand, PA Consulting faced temporary headwinds from delayed client approvals. Profitability was impacted by significant one-time costs associated with the PA Consulting acquisition, including $217 million in equity-based incentive vesting and $123.9 million in employee benefit trust distributions. Consequently, net earnings from continuing operations fell to $137.4 million from $181.2 million in the prior year. Jacobs maintains a solid liquidity position with $1.17 billion in cash and $1.5 billion in available revolving credit. Management remains focused on its "Challenge Accepted" growth strategy, targeting scalable, digitally enabled solutions across life sciences, water, and critical infrastructure. |
| May 5, 2026 | mda_quarterly | Jacobs is pivoting toward science-based consulting and advisory services, targeting water and environmental, life sciences, advanced manufacturing, and critical infrastructure markets. The company recently launched its "Challenge Accepted" growth strategy and completed the full acquisition of PA Consulting for approximately £1.21 billion. Additionally, it separated its Critical Mission Solutions and Cyber & Intelligence businesses into Amentum via a Reverse Morris Trust. For the second fiscal quarter of 2026, revenues increased 27% to $3.69 billion, though net earnings fell to a $43 million loss. This decline was primarily driven by one-time SG&A expenses from the PA Consulting transaction, including equity-based incentive grants and compensation costs. Six-month revenues grew 19.6% to $6.99 billion. Total backlog rose to $26.97 billion, fueled by growth in transportation, life sciences, and advanced manufacturing. To finance the PA Consulting acquisition and capital returns, Jacobs issued $1.3 billion in 4.75% and 5.375% bonds. Liquidity remains strong with $1.37 billion in cash and $994.7 million in available revolving credit capacity. |
Source: SEC EDGAR filing text and events; period Sep 23, 2026; filed Sep 23, 2026.
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