Bert Subin
Senior Vice President, Investor Relations
Replay available
Jacobs Solutions Inc. (J) Q2 2026 Earnings Call
Jacobs Solutions Inc. (NYSE: J) Q2 2026 earnings conference call, held 2026-05-05. Replay captured from the company's public earnings webcast.
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Investor webinar replay
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Replay transcript excerpt
WEBVTT 00:00:00.031 -- 00:00:05.098 Greetings and welcome to Jacobs Fiscal Second Quarter 2026 Earnings Conference Call 00:00:05.098 -- 00:00:06.581 and Webcast. 00:00:06.581 -- 00:00:10.626 At this time, all participants are on a listen-only mode. 00:00:10.626 -- 00:00:13.751 A question and answer session will follow the formal presentation. 00:00:13.751 -- 00:00:18.675 As a reminder, this conference is being recorded. 00:00:19.066 -- 00:00:23.179 If you would like to ask a question, please press star 1 on your telephone keypad. 00:00:23.179 -- 00:00:25.185 To withdraw your question, press star 1 again. 00:00:25.185 -- 00:00:30.320 I would now like to turn the conference over to Bert Subin, Senior Vice President, 00:00:30.320 -- 00:00:34.307 Investor Relations. Thank you. You may begin. 00:01:39.728 -- 00:01:45.437 solid year-on-year margin expansion, and continued robust sales activity. 00:01:45.437 -- 00:01:48.441 I'll quickly highlight a few key takeaways. 00:01:48.441 -- 00:01:53.686 First, adjusted EPS grew 22% to $1.75, 00:01:54.190 -- 00:01:59.318 supported by 9% organic net revenue growth, outpacing the 00:01:59.318 -- 00:02:04.466 8% growth rate in Q1, and 70 basis points of year-on-year margin 00:02:04.466 -- 00:02:06.466 expansion. 00:02:06.728 -- 00:02:10.072 Our backlog grew 22% to $27 00:02:10.072 -- 00:02:15.358 billion, setting another new record with a trailing 12-month book to bill 00:02:15.358 -- 00:02:20.524 of 1.4 times on gross revenue and 1.2 times on net revenue. 00:02:20.524 -- 00:02:25.771 And third, we completed the acquisition of PA Consulting, which we celebrated together 00:02:25.771 -- 00:02:29.555 by ringing the closing bell at the New York Stock Exchange in March. 00:02:29.555 -- 00:02:34.514 In summary, we're exiting Q2 with signifi...