Jacobs Q2 revenue rises 2.2% but GAAP EPS falls to $0.10 on $109.5 million Amentum loss
Jacobs reported fiscal second quarter 2025 revenue of $2.9 billion, up 2.2% from a year earlier, and adjusted EPS of $1.43, up from $1.17. GAAP EPS from continuing operations fell to $0.10 from $0.73, reflecting $109.5 million in mark-to-market losses on its Amentum stock and a reserve tied to an adverse interim ruling against a consolidated joint venture. The company reaffirmed its full-year fiscal 2025 guidance, which matters to shareholders because it holds the outlook steady despite the charges.
Key points
- Gross revenue was $2,910,415 thousand, up 2.2% year over year; adjusted net revenue rose 3.1%.
- GAAP EPS from continuing operations was $0.10 versus $0.73 a year earlier; adjusted EPS was $1.43 versus $1.17.
- Backlog reached $22.2 billion, up 20.0% year over year, with a trailing twelve-month book-to-bill of 1.3x.
- Jacobs repurchased $351 million of shares in Q2 2025 and reaffirmed fiscal 2025 adjusted EPS guidance of $5.85-$6.20.
The filing
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 May 06, 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.