secwatch.observer — SEC 8-K summary
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Issuer:     JACOBS SOLUTIONS INC. (J)
CIK:        0000052988
Form:       8-K
Filed at:   2025-02-04T23:59:59+00:00
Accession:  0000052988-25-000014
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Jacobs posts Q1 adjusted EPS $1.33, backlog up 18.9% YoY; authorizes $1.5B buyback, raises dividend 10%
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- Q1 gross revenue $2.9B (+4.4% YoY); adjusted net revenue +5.1%; GAAP net loss $17.1M on $145M mark-to-market loss on AMTM investment.
- Adjusted EBITDA $282M (+23.6% YoY); adjusted EPS $1.33 vs. $1.45 prior year (prior year had $0.49/share tax benefit).
- Backlog $21.8B (+18.9% YoY); TTM book-to-bill 1.3x; repurchased $202M shares in Q1.
- Board authorizes $1.5B new three-year share repurchase program; $271M remains under existing $1.0B program.
- Quarterly dividend raised 10% to $0.32/share, payable March 21, 2025 to holders of record Feb 21, 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/52988/000005298825000014/0000052988-25-000014-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/52988/000005298825000014/j-20250130.htm
  HTML page:      https://secwatch.observer/filing/0000052988-25-000014

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer