Jacobs raises FY26 guidance as Q3 revenue rises 34%; GAAP EPS falls to $1.16
Jacobs reported fiscal third-quarter 2026 results, with revenue of $4.1 billion up 34.5% year over year and adjusted EPS of $1.84, up 13.6%. GAAP EPS fell to $1.16 from $1.56 because of a temporarily higher tax rate tied to the PA Consulting transaction, and the company raised the midpoints of its fiscal 2026 adjusted net revenue growth and adjusted EPS guidance.
Key points
- Gross revenue $4.1 billion vs. $3.0 billion a year earlier; adjusted net revenue $2.4 billion, up 8.3%
- GAAP net earnings $137.4 million vs. $181.2 million; GAAP EPS $1.16 vs. $1.56, with GAAP effective tax rate at 43.4%
- Fiscal 2026 adjusted EPS outlook $7.20 to $7.30 (prior $7.10 to $7.35); adjusted net revenue growth 9.5% to 10.0% (prior 8.0% to 10.5%)
- Backlog $28.9 billion, up 27.3%; $614 million of shares repurchased year to date
The filing
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 August 04, 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.