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Jacobs Solutions J Contract Liabilities

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Other financials

Income statement

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Revenue$3.7B+27.0%
Gross profit$794.9M+7.7%
Operating income-$81.2M-139%
Net income-$45.9M-918%
EPS (diluted)-$0.34-667%

Balance sheet

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Cash & equivalents$1.4B+13.9%
Total debt$4.6B+46.3%
Total equity$3.3B-14.8%
Total assets$11.9B+6.5%

Cash flow

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Operating cash flow-$484.1M
CapEx$20.8M+20.3%
Free cash flow-$504.9M-344%

Valuation

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Market cap$16.86B-4.0%
Enterprise value$20.04B+4.0%
P/E44.2×+8.5×
P/S1.3×-0.2×

Profitability

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Gross margin23.4%-1.5pp
Operating margin4.5%-2.2pp
Net margin2.9%-1.0pp
FCF margin3.7%-1.3pp

Returns & leverage

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Return on equity10.7%+1.9pp
Debt / equity1.4×+0.6×
Current ratio1.4×-0.1×

Where this comes from

Reported directly by Jacobs Solutions in its filing.

Tagged under the XBRL concept us-gaap:ContractWithCustomerLiability.

The source filing: Jacobs Solutions’s 10-Q, filed May 5, 2026.

Filed
May 5, 2026, 4:11 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q1 2026
Accession
0001628280-26-030528
Line itemMarch 27, 2026September 26, 2025
Accounts payable$1,484,450$1,261,489
Accrued liabilities1,106,3961,037,754
Operating lease liabilities120,429111,040
Contract liabilities925,673940,616
Total current liabilities3,636,9483,350,899
Long-term debt4,084,2202,236,456
Liabilities relating to defined benefit pension and retirement plans246,832272,069
Deferred income tax liabilities139,784151,821

Item 1. Financial Statements.

FAQ

What is Jacobs Solutions's contract liabilities?
Jacobs Solutions (J) reported contract liabilities of $925.67M in Q1 2026.
How has Jacobs Solutions's contract liabilities changed year-over-year?
Jacobs Solutions's contract liabilities decreased by 2.3% year-over-year, from $947.01M to $925.67M.
What is the long-term trend for Jacobs Solutions's contract liabilities?
Over 4 years (2021 to 2025), Jacobs Solutions's contract liabilities has grown at a 14.8% compound annual growth rate (CAGR), from $542.05M to $940.62M.
What does contract liabilities mean?
Revenue collected or billed in advance of performance — deferred revenue under ASC 606 terminology, representing future revenue obligations.

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