JACOBS SOLUTIONS INC
For the period ended Mar 28, 2025. Filed May 6, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 28, 2025 · Filed May 6, 2025
J$157.11+0.5%Stored close · as of Nov 10, 2026
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Consolidated Statements of Earnings - Unaudited
CONSOLIDATED STATEMENTS OF EARNINGS
Three and Six Months Ended March 28, 2025 and March 29, 2024
(In thousands, except per share information)
| For the Three Months Ended | For the Six Months Ended | |||
|---|---|---|---|---|
| March 28, 2025 | March 29, 2024 | March 28, 2025 | March 29, 2024 | |
| Revenues | $2,910,415 | $2,847,179 | $5,843,371 | $5,657,406 |
| Direct cost of contracts | (2,172,070) | (2,135,217) | (4,383,759) | (4,280,715) |
| Gross profit | 738,345 | 711,962 | 1,459,612 | 1,376,691 |
| Selling, general and administrative expenses | (529,697) | (528,718) | (1,042,546) | (1,051,448) |
| Operating Profit | 208,648 | 183,244 | 417,066 | 325,243 |
| Other Income (Expense): | ||||
| Interest income | 9,525 | 8,702 | 19,181 | 16,221 |
| Interest expense | (38,580) | (44,232) | (73,399) | (87,583) |
| Loss on extinguishment of debt | (20,510) | — | (20,510) | — |
| Miscellaneous expense | (103,260) | (3,705) | (233,367) | (6,668) |
| Total other expense, net | (152,825) | (39,235) | (308,095) | (78,030) |
| Earnings from Continuing Operations Before Taxes | 55,823 | 144,009 | 108,971 | 247,213 |
| Income Tax Expense from Continuing Operations | (50,576) | (43,364) | (107,725) | (11,754) |
| Net Earnings of the Group from Continuing Operations | 5,247 | 100,645 | 1,246 | 235,459 |
| Net (Loss) Earnings of the Group from Discontinued Operations, net of tax | (5,550) | 72,889 | (6,551) | 119,530 |
| Net (Loss) Earnings of the Group | (303) | 173,534 | (5,305) | 354,989 |
| Net Loss (Earnings) Attributable to Noncontrolling Interests from Continuing Operations | 11,731 | (4,327) | 5,651 | (8,179) |
| Net Earnings Attributable to Redeemable Noncontrolling interests | (5,816) | (4,082) | (12,863) | (6,700) |
| Net Earnings (Loss) Attributable to Jacobs from Continuing Operations | 11,162 | 92,236 | (5,966) | 220,580 |
| Net Earnings Attributable to Noncontrolling Interests from Discontinued Operations | — | (3,013) | — | (6,388) |
| Net (Loss) Earnings Attributable to Jacobs from Discontinued Operations | (5,550) | 69,876 | (6,551) | 113,142 |
| Net Earnings (Loss) Attributable to Jacobs | $5,612 | $162,112 | $(12,517) | $333,722 |
| Net Earnings Per Share: | ||||
| Basic Net Earnings from Continuing Operations Per Share | $0.10 | $0.73 | $— | $1.77 |
| Basic Net (Loss) Earnings from Discontinued Operations Per Share | $(0.05) | $0.56 | $(0.05) | $0.90 |
| Basic Earnings (Loss) Per Share | $0.06 | $1.29 | $(0.05) | $2.66 |
| Diluted Net Earnings from Continuing Operations Per Share | $0.10 | $0.73 | $— | $1.76 |
| Diluted Net (Loss) Earnings from Discontinued Operations Per Share | $(0.05) | $0.55 | $(0.05) | $0.89 |
| Diluted Earnings (Loss) Per Share | $0.06 | $1.28 | $(0.05) | $2.65 |
See the accompanying Notes to Consolidated Financial Statements - Unaudited.
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