Filing Flows › Jacobs Solutions (J) › Q2 FY26
Jacobs Solutions (J) Q2 FY26 earnings results (second quarter fiscal 2026)
10-Q filed May 5, 2026
Jacobs Solutions (J) reported revenue of $3.7B for the second quarter fiscal 2026 (Q2 FY26), +27% from a year earlier and +12% from the quarter before. Operating margin was -2.2%, net loss $88.4M (2.4% of revenue).
Jacobs Solutions, Q2 FY26: revenue $3.7B (+27% year over year), operating margin -2.2%, net loss $88.4M, operating cash flow −$484M. The chart follows the revenue to costs, profit and cash.
| Q2 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $3.7B | +12% | +27% |
| Operating profit | −$81.2M | -135% | -139% |
| Net earnings | −$88.4M | -170% | — |
| Operating cash flow | −$484M | -227% | — |
What changed
Revenue was $3.7B in Q2 FY26, up 27% year over year and up 12% from the previous quarter.
Gross margin was 21.5%, down 3.9 points from Q2 FY25. Operating costs exceeded revenue by $0.08B, an operating margin of -2.2%. Operating expenses grew 65% against revenue growth of 27%. The quarter ended with a net loss of $0.09B, after a profit of $0.13B the previous quarter. Minority interests bore $0.04B of it: to shareholders the quarter was a loss of $0.05B. Net interest and other expense of $0.05B was the main reason.
Operating cash flow was −$0.48B. Non-cash charges added back $0.02B of depreciation and amortization and $0.02B of share-based compensation. Working capital and other items used $0.44B. Capital expenditures of $0.02B exceeded it, leaving free cash flow of −$0.50B.
Questions
What was Jacobs Solutions' revenue in the second quarter fiscal 2026?
Jacobs Solutions (J) reported revenue of $3.7B for the second quarter fiscal 2026 (Q2 FY26), +27% from a year earlier and +12% from the quarter before.
Was Jacobs Solutions profitable in the second quarter fiscal 2026?
Operating loss was $81.2M (-2.2% of revenue) and net loss $88.4M.
Source: Jacobs Solutions 10-Q on SEC EDGAR.