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

Jacobs swings to Q2 GAAP loss of $43.0 million but raises FY26 EPS outlook

Mixed Impact 4 of 5 earnings Written later

Jacobs reported fiscal Q2 2026 results for the quarter ended March 27, 2026. Gross revenue rose 27.0% to $3.7 billion, but the company posted a GAAP net loss from continuing operations of $43.0 million ($0.32 per diluted share), compared with earnings of $11.2 million a year earlier, largely due to charges tied to the PA Consulting acquisition. Adjusted EPS rose 22.4% to $1.75, and the company raised its fiscal 2026 adjusted EPS outlook to $7.10 to $7.35 from $6.95 to $7.30.

Key points

  • Gross revenue of $3.7 billion, up 27.0% year over year; adjusted net revenue of $2.3 billion, up 8.8%
  • GAAP net loss from continuing operations of $43.0 million vs. $11.2 million earnings in Q2 2025; restructuring, transaction and other charges totaled $352.2 million
  • Adjusted EPS of $1.75, up 22.4%; adjusted EBITDA of $327.2 million, up 14.2%
  • Fiscal 2026 adjusted EPS outlook raised to $7.10 to $7.35 (from $6.95 to $7.30); adjusted net revenue growth outlook raised to 8.0% to 10.5%

The filing

CompanyJacobs Solutions (J)
Form8-K, current report
Filed with the SECMay 5, 2026, 4:09 PM ET
Accession number0001628280-26-030521

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:11 AM ET, from the text of the filing and its press-release exhibits 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 05, 2026.

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