---
schema_version: "secwatch.filing_event.v1"
accession: "0000052988-23-000082"
form_type: "8-K"
ticker: "J"
cik: "0000052988"
company_name: "JACOBS SOLUTIONS INC."
filed_at: "2023-11-21T23:59:59+00:00"
generated_at: "2026-06-07T22:59:06.862527+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Jacobs Q4 revenue up 10.5% to $4.3B; announces spin-off/merger of CMS & C&I with Amentum

## Summary
- Q4 revenue $4.3B (+10.5% YoY); net earnings $150M; adjusted EPS $1.90; record annual revenue.
- FY23 net earnings from cont ops $667M (+4%); adjusted EPS $7.20 (+4%); cash flow from ops $975M.
- FY24 guidance: adj EBITDA $1.53B-$1.60B; adj EPS $7.70-$8.20 (midpoint up 10%).
- Definitive agreement to spin-off CMS and C&I & combine with Amentum in Reverse Morris Trust; $1.0B cash dividend to Jacobs.
- Jacobs shareholders to own up to 63% of combined co; transaction expected H2 FY2024.

## SEC filing metadata
- accession: 0000052988-23-000082
- form_type: 8-K
- ticker: J
- cik: 0000052988
- company_name: JACOBS SOLUTIONS INC.
- filed_at: 2023-11-21T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/52988/000005298823000082/0000052988-23-000082-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/52988/000005298823000082/j-20231121.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000052988-23-000082
- JSON: https://secwatch.observer/filing/0000052988-23-000082.json
- Plain text: https://secwatch.observer/filing/0000052988-23-000082.txt

## Key facts
- Earnings Releases
  JACOBS SOLUTIONS INC. reported the fiscal fourth quarter and fiscal year ended September 29, 2023 results: revenue $4.3 billion, net income $150 million, EPS $1.25. Guidance initiated.
  - Period: the fiscal fourth quarter and fiscal year ended September 29, 2023
  - Revenue: $4.3 billion
  - Net income: $150 million
  - EPS: $1.25
  - Guidance: initiated
  - Result: reported results
  source text: Inc. (NYSE: J) today announced its financial results for the fiscal fourth quarter and fiscal year ended September 29, 2023. Q4 2023 Financial Highlights: • Revenue o f $4.3 billion grew 10.5% year-over-year; adjusted net revenue 1 up 7.3% in constant currency 1 • Net earnings of $150 million and EPS from continuing operations of $1.25 • Adjusted EPS 1 from
  evidence_url: https://www.sec.gov/Archives/edgar/data/52988/000005298823000082/0000052988-23-000082-index.htm

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