NYSE$J

Jacobs Engineering Group Inc · Q2 2026 earnings

Q2 2026 earnings · · Before market open · Investor relations

Briefing

Jacobs reported fiscal Q2 2026 revenue of $3.69B (+27% YoY) and a net loss attributable to shareholders of $45.9M ($0.34 diluted loss per share) after PA Consulting transaction costs.

For the quarter ended March 27, 2026, Jacobs generated revenue of $3.69 billion, up 27% from $2.91 billion, with gross profit of $794.9 million. Net loss attributable to Jacobs was $45.9 million ($0.34 loss per share) versus net income of $5.6 million ($0.06 EPS) last year. Results were heavily impacted by $207 million of PA Consulting incentive and transaction-related SG&A, partly offset by stronger Infrastructure & Advanced Facilities performance.

  • Revenue $3.69B (+27% YoY); I&AF and PA Consulting both grew.
  • Net loss attributable to Jacobs $45.9M after PA transaction charges.
  • Gross profit $794.9M; margins compressed on project mix and pass-through costs.
  • Completed PA Consulting buyout in March 2026 for ~£1.21B consideration.
  • Six-month EPS $0.79 on stronger first-half operating trends.

Headline financials

Total Revenue

$3.69B

Previous: $2.91B+27.0%
EPS (adj)

-$0.34

Previous: $0.10-440.0%
Capital Expenditures

-$36.6M

Previous: -$17.3M-111.9%
Net Income

-$45.9M

Previous: -$303K-15042.9%
Operating Income

-$81.2M

Previous: $209M-138.9%
Gross Profit

$795M

Previous: $738M+7.7%

Revenue & EPS history

Jacobs · Revenue · Quarterly

$3.69B

Q2 2026+27%vs Q2 2025
Beat estimate in 9 of 15 quarters(60%)
ActualEstimate

Revenue by segment

Jacobs · $288M total across 1 segment · Q4 2023

  • PA Consulting
    $288M+13.3%

Forward guidance

MD&A focuses on integration of PA Consulting, Separation Transaction wind-down, and pipeline of infrastructure and digital projects without numeric EPS guidance.

Tailwinds

  • Underlying I&AF revenue and gross profit growth.
  • Favorable six-month earnings trajectory excluding one-time PA charges.

Headwinds

  • Large PA Consulting transaction and incentive costs depressed Q2 EPS.
  • Interest and integration expenses may remain elevated near term.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q2 2026

Historical avgQ2 2026

-0.0%

Avg return

Earnings day

-0.1%

Avg return

5 days after

+0.3%

Avg return

30 days after

45%

33 / 74 earnings

Positive

+10.9%

Q2 2018

Best reaction

-11.4%

Q4 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2026-0.1%-9.5%-8.7%
Q1 2026+7.8%+13.6%+2.9%
Q4 2025-11.4%-7.9%-7.6%
Q2 2025-5.7%-3.1%-0.3%
Q1 2025-3.5%-3.5%-10.9%
Q4 2024-5.6%-2.1%-4.5%
Q3 2024-0.5%+2.4%+2.7%
Q2 2024-7.1%-6.6%-7.2%
Q1 2024+4.8%+6.2%+8.6%
Q4 2023-9.5%-9.9%-6.9%
Q3 2023+6.1%+6.2%+2.5%
Q2 2023-2.3%-1.8%-0.5%
Q1 2023-2.8%-2.6%-5.6%
Q4 2022-2.0%-1.9%-3.8%
Q3 2022-6.9%-7.1%-9.3%
Q2 2022+3.3%-0.0%+1.8%
Q1 2022-0.2%-5.1%-2.7%
Q4 2021+1.3%-0.6%-6.3%
Q3 2021-3.9%-3.7%+1.8%
Q2 2021+0.1%-1.1%+1.1%
Q1 2021+1.4%+5.3%+14.6%
Q4 2020+1.8%+1.3%+2.7%
Q3 2020+8.2%+7.0%+9.1%
Q2 2020-3.7%-3.6%+9.2%
Q1 2020+4.0%+2.9%+4.5%
Q4 2019-2.1%-1.4%-4.1%
Q3 2019+5.7%+7.8%+14.1%
Q2 2019+2.6%+2.1%+3.4%
Q1 2019-2.3%-1.5%+7.7%
Q4 2018-10.6%-11.3%-21.7%
Q3 2018+7.6%+7.1%+8.3%
Q2 2018+10.9%+12.1%+16.5%
Q1 2018-2.1%-1.6%-5.2%
Q4 2017+9.2%+6.7%+12.0%
Q3 2017+3.6%+0.5%+4.1%
Q2 2017-0.3%-3.6%-3.3%
Q1 2017-4.0%-2.3%-4.0%
Q4 2016+6.4%+7.2%+0.6%
Q3 2016+2.3%+0.2%-3.4%
Q2 2016+9.5%
Q1 2016-3.3%
Q4 2015+3.7%
Q3 2015+7.8%
Q2 2015-5.4%
Q1 2015-0.9%
Q4 2014+0.0%
Q3 2014-4.1%
Q2 2014-8.1%
Q1 2014-2.2%
Q4 2013-5.7%
Q3 2013-1.8%
Q2 2013-2.3%
Q1 2013+0.5%
Q4 2012+0.0%
Q3 2012-2.2%
Q2 2012-2.3%
Q1 2012+1.5%
Q4 2011-2.7%
Q3 2011-0.8%
Q2 2011-0.3%
Q1 2011+2.2%
Q4 2010+0.0%
Q1 2008+0.0%
Q3 2010+4.7%
Q2 2010-0.3%
Q1 2009-4.1%
Q1 2010+2.2%
Q4 2007-0.4%
Q2 2009-0.4%
Q4 2009-0.4%
Q3 2008+3.6%
Q4 2008+3.6%
Q3 2009+3.6%
Q2 2008+3.6%

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro