JACOBS SOLUTIONS INC.
For the period ended Sep 26, 2025. Filed Nov 20, 2025.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2025 · Filed Nov 20, 2025
Contents
Cover page
Show cover page
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 10-K
(Mark One)
☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
For the fiscal year ended September 26, 2025
OR
☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
For the transition period from ____ to ____
Commission File No.1-7463
Jacobs Solutions Inc.
| Delaware | 88-1121891 | |||
|---|---|---|---|---|
| (State or other jurisdiction of incorporation or organization) | (IRS Employeridentification number) | |||
| 1999 Bryan Street | Suite 3500 | Dallas | Texas | 75201 |
| (Address of principal executive offices) | (Zip Code) | |||
(214)583 – 8500
(Registrant’s telephone number, including area code)
Securities registered pursuant to Section 12(b) of the Act:
| Title of Each Class | Trading Symbol(s) | Name of Each Exchange on Which Registered | |
|---|---|---|---|
| Common Stock | $1 par value | J | New York Stock Exchange |
Securities registered pursuant to Section 12(g) of the Act: None
Indicate by check mark if the Registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. ☒Yes ☐ No
Indicate by check mark if the Registrant is not required to file reports pursuant to Section 13 or 15(d) of the Act. ☐ Yes ☒No
Indicate by check mark whether the Registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the Registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. ☒Yes ☐ No
Indicate by check mark whether the Registrant: has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the Registrant was required to submit such files). ☒Yes ☐ No
Indicate by check mark whether the Registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer or a smaller reporting company. See the definitions of “large accelerated filer”, “accelerated filer” and “smaller reporting company” in Rule 12b-2 of the Exchange Act.
| Large accelerated filer | ☒ | Accelerated filer | ☐ |
|---|---|---|---|
| Non-accelerated filer | ☐ | Smaller reporting company | ☐ |
| Emerging growth company | ☐ | ||
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Indicate by check mark whether the registrant has filed a report on and attestation to its management's assessment of the effectiveness of its internal control over financial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registered public accounting firm that prepared or issued its audit report.☒
If securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether the financial statements of the registrant included in the filing reflect the correction of an error to previously issued financial statements.☐
Indicate by check mark whether any of those error corrections are restatements that required a recovery analysis of incentive-based compensation received by any of the registrant’s executive officers during the relevant recovery period pursuant to §240.10D-1(b). ☐
Indicate by check mark whether the Registrant is a shell company (as defined in Rule 12b-2 of the Act). ☐ Yes☒ No
There were 118,749,162 shares of common stock outstanding as of November 10, 2025. The aggregate market value of the Registrant’s common equity held by non-affiliates was approximately $14.4 billion as of March 28, 2025, based upon the last reported sales price on the New York Stock Exchange on that date.
DOCUMENTS INCORPORATED BY REFERENCE
Portions of the Registrant’s definitive proxy statement to be issued in connection with its 2026 annual meeting of shareholders are incorporated by reference into Part III of this Annual Report on Form 10-K where indicated.
JACOBS SOLUTIONS INC.
Fiscal 2025 Annual Report on Form 10-K
Table of Contents
| Item | Page No. | ||
|---|---|---|---|
| Part I | |||
| Item 1. | Business | Page 4 | |
| Item 1A. | Risk Factors | Page 16 | |
| Item 1B. | Unresolved Staff Comments | Page 46 | |
| Item 1C. | Cybersecurity | Page 46 | |
| Item 2. | Properties | Page 47 | |
| Item 3. | Legal Proceedings | Page 48 | |
| Item 4. | Mine Safety Disclosure | Page 48 | |
| Part II | |||
| Item 5. | Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities | Page 49 | |
| Item 6. | Selected Financial Data | Page 50 | |
| Item 7. | Management’s Discussion and Analysis of Financial Condition and Results of Operations | Page 50 | |
| Item 7A. | Quantitative and Qualitative Disclosures About Market Risk | Page 69 | |
| Item 8. | Financial Statements and Supplementary Data | Page 69 | |
| Item 9. | Changes in and Disagreements With Accountants On Accounting and Financial Disclosure | Page 69 | |
| Item 9A. | Controls and Procedures | Page 69 | |
| Item 9B. | Other Information | Page 70 | |
| Item 9C. | Disclosure Regarding Foreign Jurisdictions that Prevent Inspections | Page 70 | |
| Part III | |||
| Item 10. | Directors, Executive Officers and Corporate Governance | Page 72 | |
| Item 11. | Executive Compensation | Page 72 | |
| Item 12. | Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters | Page 72 | |
| Item 13. | Certain Relationships and Related Transactions, and Director Independence | Page 72 | |
| Item 14. | Principal Accounting Fees and Services | Page 72 | |
| Part IV | |||
| Item 15. | Exhibits and Financial Statement Schedules | Page 74 | |
| Signatures | Page 78 | ||
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.