Jacobs Solutions Inc. ( (J) ) has released its Q1 earnings. Here is a breakdown of the information Jacobs Solutions Inc. presented to its investors.
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Jacobs Solutions Inc. is a global leader in providing end-to-end services in industries such as advanced manufacturing, cities & places, energy, environmental, life sciences, transportation, and water. The company is known for its innovative approach to addressing complex challenges across these sectors.
In the latest fiscal first quarter of 2025, Jacobs Solutions Inc. has reported strong financial results, highlighted by significant growth in its backlog and an increase in its dividend. Despite a GAAP net loss, the company showed a substantial improvement in adjusted EBITDA and adjusted net revenue.
Key financial highlights for Jacobs include a gross revenue of $2.9 billion, marking a 4.4% year-over-year increase, and an adjusted net revenue growth of 5.1%. The company faced a GAAP net loss of $17.1 million due to mark-to-market losses on investments, but reported an adjusted EBITDA of $282 million, a 23.6% increase. The company also authorized a record $1.5 billion share repurchase program and increased its dividend by 10% to $0.32 per share.
Looking forward, Jacobs Solutions Inc. remains optimistic about its financial outlook for fiscal 2025, expecting mid-to-high single-digit growth in adjusted net revenue and a strong free cash flow conversion. The company’s focus on a transformed portfolio continues to drive positive results, and management is confident in the company’s ability to capitalize on a healthy pipeline of opportunities across its markets.
