---
schema_version: "secwatch.filing_event.v1"
accession: "0000052988-23-000010"
form_type: "8-K"
ticker: "J"
cik: "0000052988"
company_name: "JACOBS SOLUTIONS INC."
filed_at: "2023-02-07T23:59:59+00:00"
generated_at: "2026-06-19T23:19:59.771703+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Jacobs Q1 revenue $3.8B (+12.4% y/y); adj EPS $1.67 (+7% y/y); reiterates FY23 guidance

## Summary
- Revenue $3.8B (+12.4% y/y); net revenue +7.7% y/y (+12% constant currency).
- Adjusted EPS from continuing ops $1.67 (+7% y/y); GAAP EPS $1.07 (+4% y/y).
- Cash from operations $302M in Q1; reiterates 100% FY underlying cash conversion target.
- People & Places Solutions operating profit up 20% YoY; backlog $28.3B with gross margin up 100 bps y/y.
- Reaffirms FY2023 adjusted EBITDA $1.4-1.48B and adjusted EPS $7.20-$7.50.

## SEC filing metadata
- accession: 0000052988-23-000010
- form_type: 8-K
- ticker: J
- cik: 0000052988
- company_name: JACOBS SOLUTIONS INC.
- filed_at: 2023-02-07T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/52988/000005298823000010/0000052988-23-000010-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/52988/000005298823000010/j-20230207.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000052988-23-000010
- JSON: https://secwatch.observer/filing/0000052988-23-000010.json
- Plain text: https://secwatch.observer/filing/0000052988-23-000010.txt

## Key facts
- Earnings Releases
  JACOBS SOLUTIONS INC. reported the fiscal first quarter ended December 30, 2022 results: revenue $3.8 billion, EPS $1.07. Guidance reaffirmed.
  - Period: the fiscal first quarter ended December 30, 2022
  - Revenue: $3.8 billion
  - EPS: $1.07
  - Guidance: reaffirmed
  - Result: reported results
  source text: Q1 2023 Highlights: ▪ Revenue of $3.8 billion up 12.4% y/y; net revenue increased 7.7% y/y and up 12% in constant currency 1 ▪ Backlog of $28.3 billion, up 1% y/y; gross margin in backlog up over 100 bps y/y 1 ▪ EPS from continuing operations of $1.07, up 4% y/y ▪ Adjusted EPS from continuing operations of $1.67, up 7% y/y ▪ Cash provided by operations of $302 million; continue to expect 100% fiscal year underlying cash conversion 2
  evidence_url: https://www.sec.gov/Archives/edgar/data/52988/000005298823000010/0000052988-23-000010-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.