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Jacobs Solutions Q3 Earnings Call Highlights
['Tyrone Williams']
Daily Political
Gross revenue increased more than 34%, while adjusted net revenue, excluding pass-through revenue, grew more than 8%.
Jacobs reported trailing-12-month book-to-bill ratios of 1.4x on gross revenue and 1.2x on net revenue.
Net revenue and gross profit in backlog increased 11% and 14%, respectively, from the prior year.
For fiscal 2026, Jacobs raised its outlook for adjusted net revenue growth to 9.5% to 10%.
Water and environmental net revenue grew slightly more than 1%, as strength in water was partly offset by continuing year-over-year environmental headwinds.