---
schema_version: "secwatch.filing_event.v1"
accession: "0000052988-23-000051"
form_type: "8-K"
ticker: "J"
cik: "0000052988"
company_name: "JACOBS SOLUTIONS INC."
filed_at: "2023-08-08T23:59:59+00:00"
generated_at: "2026-06-12T03:11:03.006861+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Jacobs Q3 revenue up 9.4% to $4.2B; reiterates FY2023 guidance; CMS spin-off progressing

## Summary
- GAAP EPS $1.29 (-15.1% YoY); adjusted EPS $1.82 (-2.2% YoY); last year had $0.08 gain from investment.
- People and Places Solutions operating profit grew 13% YoY; total backlog $28.9B (+2.9% YoY).
- Cash from operations $321M; reiterated FY2023 adjusted EBITDA $1.42-1.47B and adjusted EPS $7.25-7.45.
- Advancing CMS separation; evaluating outside interest; spin-off expected fiscal 2024 subject to conditions.
- Kevin Berryman hands CFO role to Claudia next week; becomes special advisor to CEO.

## SEC filing metadata
- accession: 0000052988-23-000051
- form_type: 8-K
- ticker: J
- cik: 0000052988
- company_name: JACOBS SOLUTIONS INC.
- filed_at: 2023-08-08T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/52988/000005298823000051/0000052988-23-000051-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/52988/000005298823000051/j-20230808.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000052988-23-000051
- JSON: https://secwatch.observer/filing/0000052988-23-000051.json
- Plain text: https://secwatch.observer/filing/0000052988-23-000051.txt

## Key facts
- Earnings Releases
  JACOBS SOLUTIONS INC. reported the fiscal third quarter ended June 30, 2023 results: revenue $4.2 billion, EPS EPS of $1.29. Guidance reaffirmed.
  - Period: the fiscal third quarter ended June 30, 2023
  - Revenue: $4.2 billion
  - EPS: EPS of $1.29
  - Guidance: reaffirmed
  - Result: reported results
  source text: Business DALLAS, TEXAS - Jacobs Solutions Inc. (NYSE: J) today announced its financial results for the fiscal third quarter ended June 30, 2023. Q3 2023 Highlights: ▪ Revenue of $4.2 billion up 9.4% y/y; adjusted net revenue 1 increased 7.5% y/y and up 7.9% in constant currency 1 ▪ Backlog 1 of $28.9 billion, up 2.9% y/y; g ross margin in backlog 1 up 7.1% y/y ▪ EPS
  evidence_url: https://www.sec.gov/Archives/edgar/data/52988/000005298823000051/0000052988-23-000051-index.htm

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