Jacobs reports strong fiscal second quarter 2025 results

Backlog grows by 20% year-over-year with ttm book-to-bill ratio of 1.3x repurcha sed $351 million of jacobs shares during q2 and $552 million in first half of fy25 exited company's retained stake in amtm and announced may 30th distribution of remaining shares reaffirming fy 2025 guidance dallas , may 6, 2025 /prnewswire/ -- jacobs solutions inc. (nyse: j) today announced its financial results for the fiscal second quarter ended march 28, 2025. q2 2025 highlights1: gross revenue of $2.9 billion grew 2.2% y/y; adjusted net revenue2 up 3.1% y/y revenue and profit adversely impacted by a reserve following an interim ruling against a consolidated jv in q2 2025 gaap net earnings of $11.2 million; adjusted ebitda2 of $287 million recorded $109.5 million in mark-to-market losses on amentum (amtm) investment, reducing q2 2025 gaap net income and eps eps of $0.10; adjusted eps2 of $1.43 backlog of $22.2 billion, up 20.0% y/y; q2 book-to-bill 1.1x (1.3x ttm) jacobs' chair and ceo bob pragada commented, "we ended the first half of fy25 with solid performance across our business, led by strong life sciences, transportation and energy & power revenue growth within infrastructure & advanced facilities (i&af).
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