Filing Flows

Filing Flows › Companies › Jacobs Solutions › Cash flow

Jacobs Solutions cash flow, quarter by quarter

Latest: Q3 FY26 · from the cash-flow statements filed with the SEC

Free cash flow$431M in Q3 FY26 · $645M over twelve months

Operating cash flow$456M
Capital spending−$25.1M
Free cash flow+$431M
Cash / net income3.4×
Cash conversion cycle36 days

Analysis

In Q3 FY26, Jacobs Solutions generated $456M of operating cash flow and spent $25.1M on capital projects, leaving free cash flow of $431M.

Over the twelve months to Jun 26, 2026, operating cash flow was $736M; the largest uses were partners ($938M), buybacks ($715M), dividends ($162M); besides operations, cash came from net borrowing (+) / repaid (−) ($1.1B), shares issued ($35.4M); the cash balance fell by $107M.

Operating cash flow was $456M against net income of $136M — 3.4× profit, cash ran ahead of reported earnings. The largest differences: payables +$296M, receivables −$78.9M, accrued liabilities −$74.9M.

Its cash conversion cycle was 36 days (receivables 82 + inventory 0 − payables 45).

Free cash flow

Jacobs Solutions: free cash flow by quarterJacobs Solutions: free cash flow by quarter$158MQ4 FY24$97.1MQ1 FY25−$114MQ2 FY25$271MQ3 FY25$354MQ4 FY25$365MQ1 FY26−$505MQ2 FY26$431MQ3 FY26
Operating cash flow less capital spending.
Jacobs Solutions: operating cash flow against capital spendingJacobs Solutions: operating cash flow against capital spendingOperating cash flowCapital spending$197M$38.3MQ4 FY24$107M$10.3MQ1 FY25−$96.4M$17.3MQ2 FY25$293M$22.1MQ3 FY25$383M$29.6MQ4 FY25$381M$15.8MQ1 FY26−$484M$20.8MQ2 FY26$456M$25.1MQ3 FY26
Latest (Q3 FY26): Operating cash flow $456M, Capital spending $25.1M.

Capital allocation, year by year

Jacobs Solutions: where the cash came from (up) and went (down), by fiscal yearJacobs Solutions: where the cash came from (up) and went (down), by fiscal yearOperating cash flowNet borrowingShares issuedAsset salesCapital spendingBuybacksDividendsFY21: Operating cash flow $726MFY21: Net borrowing $1.2BFY21: Shares issued $44.2MFY21: Asset sales $474KFY21: Capital spending −$92.8MFY21: Buybacks −$275MFY21: Dividends −$107M$2.0BFY21FY22: Operating cash flow $475MFY22: Net borrowing $719MFY22: Shares issued $63.4MFY22: Asset sales $9.4MFY22: Capital spending −$128MFY22: Buybacks −$282MFY22: Dividends −$116M$1.3BFY22FY23: Operating cash flow $975MFY23: Net borrowing −$617MFY23: Shares issued $55.3MFY23: Asset sales $1.5MFY23: Capital spending −$137MFY23: Buybacks −$266MFY23: Dividends −$128M$1.0BFY23FY24: Operating cash flow $1.1BFY24: Net borrowing $375MFY24: Shares issued $51.4MFY24: Asset sales $6.2MFY24: Capital spending −$121MFY24: Buybacks −$403MFY24: Dividends −$143M$1.5BFY24FY25: Operating cash flow $687MFY25: Net borrowing $329MFY25: Shares issued $35.6MFY25: Asset sales $2.3MFY25: Capital spending −$79.2MFY25: Buybacks −$754MFY25: Dividends −$153M$1.1BFY25
Over these 5 years operating cash flow totalled $3.9B; the largest uses were buybacks ($2.0B) and dividends ($647M). Cash-flow statements as filed.

Cash runway and the debt wall

Cash & investments$1.2B
Debt$3.6B
Net debt$2.4B

Jacobs Solutions funds itself: free cash flow was $645M over the last twelve months, and $1.2B of cash and investments stands against $3.6B of debt.

Where the cash came from and went

Jacobs Solutions: sources (+) and uses (−) of cash, Q3 FY26Jacobs Solutions: sources (+) and uses (−) of cash, Q3 FY26Net borrowing (+) / repaid (−)−$505MOperating cash flow$456MCash drawn (+) / kept (−)$299MBuybacks−$142MDividends−$42.2MPartners−$38.7MCapital spending−$25.1MShares issued$9.0MTaxes on employees’ shares−$7.0MExchange rates−$3.3MOther financing−$1.0MOther investing$28K
Jacobs Solutions: sources (+) and uses (−) of cash, TTM to Q3 FY26Jacobs Solutions: sources (+) and uses (−) of cash, TTM to Q3 FY26Net borrowing (+) / repaid (−)$1.1BPartners−$938MOperating cash flow$736MBuybacks−$715MDividends−$162MCash drawn (+) / kept (−)$107MCapital spending−$91.3MShares issued$35.4MTaxes on employees’ shares−$29.7MExchange rates−$22.9MOther financing−$16.5MAsset & business sales$4.5M

From profit to cash

Jacobs Solutions: net income to operating cash flow, Q3 FY26Jacobs Solutions: net income to operating cash flow, Q3 FY26Net income$136MDepreciation & amortization$23.7MStock-based pay$18.5MGains on disposals$488KReceivables−$78.9MPayables$296MAccrued liabilities−$74.9MPrepaid and other assets$37.4MOperating cash flow$456M
Non-cash charges are added back; money tied up in receivables or inventory is subtracted.
QuarterReceivable daysInventory daysPayable daysCash conversion cycle
Q3 FY2682—4536
Q2 FY2681—4338
Q1 FY2684—4538
Q4 FY2587—4542
Q3 FY2589—4247
Q2 FY2591—4149
Q1 FY2589—4148
Q4 FY24102—4755

Every quarter

QuarterOperating cash flowCapital spendingBuybacksDividendsNet borrowing (+) / repaid (−)Shares issuedCash drawn (+) / kept (−)Free cash flow
Q3 FY26$456M−$25.1M−$142M−$42.2M−$505M$9.0M$299M$431M
Q2 FY26−$484M−$20.8M−$220M−$42.6M$1.6B$9.5M$65.5M−$505M
Q1 FY26$381M−$15.8M−$252M−$38.6M$245M$7.7M−$317M$365M
Q4 FY25$383M−$29.6M−$101M−$38.2M−$260M$9.2M$59.2M$354M
Q3 FY25$293M−$22.1M−$101M−$38.9M−$157M$8.3M−$90.5M$271M
Q2 FY25−$96.4M−$17.3M−$351M−$39.4M$384M$9.2M$95.0M−$114M
Q1 FY25$107M−$10.3M−$202M−$36.5M$363M$8.0M−$154M$97.1M
Q4 FY24$197M−$38.3M−$56.3M−$36.3M$376M$12.1M$65.3M$158M

Jacobs Solutions: income statement and cash flow

Jacobs Solutions, Q3 FY26: revenue $4.1B (+34% year over year), operating margin 7.0%. The chart follows the revenue to costs, profit and cash.

Jacobs Solutions: every quarter, Q/Q and Y/Y → Open in the app

Read automatically from the company’s XBRL cash-flow statements; quarterly figures for the fourth quarter are the year less the first three. Errors are possible. Not investment advice.