Jacobs Solutions Inc. (J) Q2 2026 Earnings Call Transcript
Access earnings results, analyst expectations, report, slides, earnings call, and transcript.
Overview
The earnings call indicates strong financial performance with a 22% EPS growth and record backlog growth, suggesting robust demand. The company's increased FY '26 outlook and successful acquisition of PA Consulting further bolster confidence. However, technical difficulties during the call and potential market fluctuations pose risks. Despite these, the overall sentiment remains positive due to strong earnings and optimistic guidance, aligning with a potential stock price increase of 2% to 8% over the next two weeks.
Key Financial Performance
Adjusted EPS $1.75, grew 22% year-over-year, supported by 9% organic net revenue growth and 70 basis points of year-on-year margin expansion.
Organic Net Revenue Growth 9%, outpacing the 8% growth rate in Q1, contributing to the increase in adjusted EPS.
Backlog $27 billion, grew 22% year-over-year, setting a new record with a trailing 12-month book-to-bill of 1.4x on gross revenue and 1.2x on net revenue.
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Operating Highlights
Adjusted EPS Growth: Adjusted EPS grew 22% to $1.75, supported by 9% organic net revenue growth and 70 basis points of year-on-year margin expansion.
Backlog Growth: Backlog grew 22% to $27 billion, setting a new record with a trailing 12-month book-to-bill of 1.4x on gross revenue and 1.2x on net revenue.
Acquisition of PA Consulting: Completed the acquisition of PA Consulting and celebrated by ringing the closing bell at the New York Stock Exchange in March.
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Risk or Challenges
Technical Difficulty: The conference call experienced technical difficulties, which could impact the communication of important information to investors and analysts.
Market Conditions: The company's performance is tied to market conditions, which can fluctuate and impact sales and revenue growth.
Acquisition Integration: The recent acquisition of PA Consulting requires successful integration to realize expected synergies and benefits.
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Guidance & Outlook
FY '26 outlook: The company has increased its FY '26 outlook for the second time in 2 quarters, indicating confidence in future performance.
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Shareholder Return Plan
The selected topic was not discussed during the call.
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Key Q&A
Q:Review of Unclear Management Responses
A:
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Earnings Word Cloud
The most frequently occurring keywords in this quarter's earning call
Adam Bubes
Bak Citigroup
Bubes Goldman
CFO Senior
Chair Venkatesh
Citigroup Inc
Cook Truist
Division Dudas
Division Jamie
Division Jerry
Division Natalia
Division PM
Division Sabahat
Division Sangita
Division Wittmann
Dudas Vertical
EDT Greetings
Fisher UBS
Greetings Jacobs
Inc Research
Instructions reminder
Jamie Cook
Jerry Revich
LLC Adam
Natalia Bak
PM EDT
Relations Fisher
Research Division
Revich Wells
Sangita Jain
Senior Vice
conference Senior
reminder conference
J Transcript
Jacobs Solutions Inc. (J) Q2 2026 Earnings Call Transcript
Positive5-5
The earnings call indicates strong financial performance with a 22% EPS growth and record backlog growth, suggesting robust demand. The company's increased FY '26 outlook and successful acquisition of PA Consulting further bolster confidence. However, technical difficulties during the call and potential market fluctuations pose risks. Despite these, the overall sentiment remains positive due to strong earnings and optimistic guidance, aligning with a potential stock price increase of 2% to 8% over the next two weeks.
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J Slides
Jacobs Q2 FY26 slides: strong beat drives raised outlook, targets2026-05-05
Jacobs Engineering Q1 2026 slides: double-digit revenue growth, raises full-year outlook2026-02-03
Jacobs Engineering Q4 2025 slides: adjusted EPS jumps 28%, FY 2026 outlook strong2025-11-20
Jacobs Engineering Q3 2025 slides: EPS jumps 25%, guidance raised on strong performance2025-08-05
J Report
Frequently Asked Questions
Where does this earnings call transcript come from?
All transcripts are sourced directly from the official live webcast or the company’s official investor relations website. We use the exact words spoken during the call with no paraphrasing of the core discussion.
How soon is the transcript available after the earnings call ends?
Full verbatim transcripts are typically published within 4–12 hours after the call ends. Same-day availability is guaranteed for all S&P 500 and most mid-cap companies.
Is the transcript edited or altered in any way?
No material content is ever changed or summarized in the “Full Transcript” section. We only correct obvious spoken typos (e.g., “um”, “ah”, repeated 10 times”, or clear misspoken ticker symbols) and add speaker names/titles for readability. Every substantive sentence remains 100% as spoken.
Why do some answers appear as “Unclear” or “Inaudible”?
When audio quality is poor or multiple speakers talk over each other, we mark the section instead of guessing. This ensures complete accuracy rather than introducing potential errors.
Who creates the AI Summary and Key Q&A highlights shown above the transcript?
They are generated by a specialized financial-language model trained exclusively on 15+ years of earnings transcripts. The model extracts financial figures, guidance, and tone with 97%+ accuracy and is regularly validated against human analysts. The full raw transcript always remains available for verification.
