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AI brief of an SEC Form 8-K · Jacobs Solutions (J)

Jacobs swings to $17.1 million Q1 loss on Amentum charge; raises EPS outlook

Mixed Impact 4 of 5 earnings Written later

Jacobs reported gross revenue up 4.4% to $2.9 billion for the fiscal first quarter ended December 27, 2024, but a GAAP net loss from continuing operations of $17.1 million, or $0.10 per diluted share, reflected $145 million in mark-to-market losses on its Amentum stake. The company raised its fiscal 2025 adjusted EPS range to $5.85-$6.20 from $5.80-$6.20, and its board authorized a new $1.5 billion share repurchase program. Shareholders also get a quarterly dividend raised 10% to $0.32 per share.

Key points

  • Gross revenue of $2.9 billion, up 4.4% year over year; backlog of $21.8 billion, up 18.9%
  • GAAP net loss from continuing operations of $17.1 million ($0.10 per diluted share), compared with earnings of $128.3 million a year earlier; adjusted EPS of $1.33, down 8.3%
  • Fiscal 2025 adjusted EPS range raised to $5.85-$6.20 from $5.80-$6.20; other fiscal 2025 outlook reiterated
  • Board authorized an incremental $1.5 billion repurchase program over three years; quarterly dividend of $0.32 payable March 21, 2025

The filing

CompanyJacobs Solutions (J)
Form8-K, current report
Filed with the SECFeb 4, 2025, 6:42 AM ET
Accession number0000052988-25-000014

Items reported: 2.02 Results of Operations8.01 Other Events

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:11 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 04, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.