Jacobs Solutions J
Guided by our values and our brand promise - Challenging today. 10-K, Item 1
- Employees
- 43,000
- Headquarters
- Dallas, TX
- CEO
- Robert V. Pragada
- Next results
- around Nov 19, 2026
Where each dollar of revenue went, FY2025
Revenue of $12.0B through the costs to a net profit of $289.3M · income statement of the 10-K
J among Industrials peers
Six ratios from the latest 10-K. Each corner is the share of 81 peers the company is above, not a score.
What changed
33 new risk paragraphs and 1 accounting fact worth reading about. 10-K filed Nov 20, 2025 against Nov 25, 2024.
Each row opens the detail with the quote and the filing. A row is a change worth reading, not a verdict.
Accounting checks
10 checks on the latest 10-K. Checks, not verdicts.
1fact worth reading about the other 9 checks found nothing to note
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Critical audit matters changedNew this year: F-58 (“As described in Note 2 to the consolidated financial statements, the Company recognizes contract revenue over time, as performance obligations are satisfied, using the percentage-of-completion method (an input method) based primarily on contract costs incurred to date compared to total estimated con”); F-59 (“How We Addressed the Matter in Our Audit We obtained an understanding, evaluated the design, and tested the operating effectiveness of controls over the Company’s determination of the redemption value, including controls over management’s review of the significant assumptions described above.”). No longer listed: F-63; F-64. Same as last year: Revenue Recognition for Certain Fixed-Price Contracts; Redeemable Noncontrolling Interests
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Receivables +5.0% vs revenue +4.6% (+0.4 pts)
8 more checks with nothing to note
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Cash from operations $686.7M vs net income $289.3M (FY ending Sep 26, 2025)
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Same auditor in both 10-Ks: Ernst & Young LLP
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No statement of substantial doubt about going concern
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No 8-K item 4.02 in the last 2 years
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No NT 10-K or NT 10-Q in the last 2 years
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No sentence in the 10-K concludes that controls were not effective because of a material weakness
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No 8-K item 2.06 in the last 2 years
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No 8-K item 1.03 in the last 2 years
In their words
33 paragraphs in Risk Factors that were not in the 10-K filed Nov 25, 2024. Quoted as filed.
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Item 1A · new paragraph · not in the 10-K filed Nov 25, 2024 10-K, ITEM 1A
We also face increasing risks associated with operational technology ("OT") systems, particularly in our work supporting critical infrastructure sectors in which we operate. These risks include cyber threats targeting legacy and modernized OT environments, challenges in integrating secure digital solutions with aging infrastructure, and…
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Item 1A · new paragraph · not in the 10-K filed Nov 25, 2024 10-K, ITEM 1A
We are also subject to data sovereignty requirements imposed by the U.S. government, other sovereign governments, and, in some cases, by clients through specific contractual provisions. These requirements restrict how and where data is stored, processed, and accessed, particularly in relation to sensitive or classified information.…
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Item 1A · new paragraph · not in the 10-K filed Nov 25, 2024 10-K, ITEM 1A
As part of our broader digital transformation strategy, we are integrating artificial intelligence machine learning, data science and similar technologies (collectively, “AI”) to improve operational efficiency, enhance service delivery, and support data-driven decision-making across our core markets, including advisory services,…
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Item 1A · new paragraph · not in the 10-K filed Nov 25, 2024 10-K, ITEM 1A
International trade issues, including tariffs and counter tariffs, if continued, may have a negative impact on our business generally. Over the past year, there have been notable developments in international trade from the imposition of tariffs and counter tariffs in the United States, and in other countries in which we or our…
New risk paragraphs, against peers
Latest 10-K of each, Industrials companies closest in revenue
Paragraphs in Risk Factors with nothing like them in the company's 10-K the year before. A count of text, not of risk.
Financial performance
Last 4 fiscal years · 10-K XBRL
| Metric | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|
| Revenue | $9.8B | $10.9B | $11.5B | $12.0B |
| Net income | $644.0M | $665.8M | $806.1M | $289.3M |
| Operating cash flow | $474.7M | $974.8M | $1.1B | $686.7M |
| Free cash flow | $347.1M | $837.3M | $933.6M | $607.5M |
Revenue, FY2016 to FY2025
Ten fiscal years, each from its own 10-K · XBRL · USD
$12.0B ▲ 4.6% in FY2025$289.3M ▼ 64.1% in FY2025$607.5M ▼ 34.9% in FY2025
Recent filings
No new filings in the last 30 days · SEC EDGAR
Nothing new. The most recent filings:
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8-KSep 23, 2026Director or officer change (amended) 8-K item 5.02
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OfficerAug 14, 2026CEO change Miller will serve as Special Advisor to the Company’s Chief Executive Officer until her departure from the Company, which will be no later than October 3, 2026.
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8-KAug 4, 2026Quarterly results 8-K item 2.02
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10-QAug 4, 2026Quarterly report (10-Q) period ended Jun 26, 2026
About the company
Jacobs Solutions, Dallas, TX · from the 10-K filed Nov 20, 2025
Guided by our values and our brand promise - Challenging today. Reinventing tomorrow - Jacobs delivers innovative solutions to address the world’s most complex challenges and create lasting value for clients, communities and society. With a global team of approximately 43,000, we provide end-to-end capabilities across advanced manufacturing, cities & places, energy, environmental, life sciences, transportation and water. Our services span advisory and consulting, feasibility and planning, through to design, program delivery and lifecycle management - helping to create a more connected and sustainable world.
- Headquarters
- Dallas, TX
- Country
- United States
- Reports in
- USD
- Listed on
- NYSE
- Fiscal year ends
- October 2
- Last results
- Aug 4, 2026
- Incorporated in
- DE
Employees, at the top of the page: "As of September 26, 2025, we had a workforce of approximately 43,000 people worldwide, including a contingent workforce of approximately 1,800 people" (10-K). Address and exchange: SEC's company file.
Email alerts
Sources
The 10-K filed Nov 20, 2025 (open at SEC), compared with the 10-K filed Nov 25, 2024. Numbers from the XBRL of the 10-Ks; filings from SEC EDGAR.
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