Jacobs Solutions Inc. reported a strong Q1, leading them to raise their fiscal year 2026 outlook with expectations of 6.5%–10.0% adjusted net revenue growth and $6.95–$7.30 adjusted EPS. The company highlighted record backlog, robust free cash flow, and the strategic move to fully acquire PA Consulting. Despite some short-term headwinds like pass-through revenue mix and environmental services softness, management remains confident in the company’s growth trajectory and commitment to shareholder returns.
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Jacobs Solutions Lifts 2026 Outlook After Robust Quarter
Jacobs Solutions Inc. reported a strong Q1, leading them to raise their fiscal year 2026 outlook with expectations of 6.5%–10.0% adjusted net revenue growth and $6.95–$7.30 adjusted EPS. The company highlighted record backlog, robust free cash flow, and the strategic move to fully acquire PA Consulting. Despite some short-term headwinds like pass-through revenue mix and environmental services softness, management remains confident in the company’s growth trajectory and commitment to shareholder returns.