Filing Flows › Jacobs Solutions (J) › Q1 FY26
Jacobs Solutions (J) Q1 FY26 earnings results (first quarter fiscal 2026)
10-Q filed Feb 3, 2026
Jacobs Solutions (J) reported revenue of $3.3B for the first quarter fiscal 2026 (Q1 FY26), +12% from a year earlier and +4% from the quarter before. Operating margin was 7.1%, net earnings $126M (3.8% of revenue).
Jacobs Solutions, Q1 FY26: revenue $3.3B (+12% year over year), operating margin 7.1%, net earnings $126M, operating cash flow $381M. The chart follows the revenue to costs, profit and cash.
| Q1 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $3.3B | +4% | +12% |
| Gross profit | $765M | -0.2% | +6% |
| Operating profit | $233M | +10% | +12% |
| Net earnings | $126M | +3% | — |
| Operating cash flow | $381M | -0.6% | +254% |
| Free cash flow | $365M | +3% | +276% |
What changed
Revenue was $3.3B in Q1 FY26, up 12% year over year and up 4% from the previous quarter.
Gross margin was 23.2%, down 1.4 points from a year earlier. Operating profit was $0.23B, a 7.1% margin (unchanged year over year). Of the extra revenue versus a year earlier, 7% reached operating profit, below the 7% margin then. Operating expenses grew 4% against revenue growth of 12%. Net earnings were $0.13B. The effective tax rate was 35.4%.
Operating cash flow was $0.38B (up 254% year over year), 285% of net income including minority interests. Non-cash charges added back $0.02B of depreciation and amortization and $0.02B of share-based compensation. Working capital and other items added $0.21B. Capital expenditures of $0.02B left free cash flow of $0.36B.
Questions
What was Jacobs Solutions' revenue in the first quarter fiscal 2026?
Jacobs Solutions (J) reported revenue of $3.3B for the first quarter fiscal 2026 (Q1 FY26), +12% from a year earlier and +4% from the quarter before.
Was Jacobs Solutions profitable in the first quarter fiscal 2026?
Operating profit was $233M (7.1% of revenue) and net earnings $126M.
Source: Jacobs Solutions 10-Q on SEC EDGAR.