Jacobs Soars on AI and Backlog Growth | Business and Finance News

Jacobs Solutions is soaring with Q2 earnings that smashed expectations across revenue, EPS, and EBITDA, fueled by explosive growth in AI data centers, life sciences, and advanced manufacturing. Their backlog jumped 27% YoY, new contracts in water, defense, and environmental sectors are filling the pipeline, and management’s high single-digit organic growth outlook looks solid. While they’re tight-lipped on next-year revenue projections, their booking rates remain steady at 1.1x to 1.3x, and GAAP vs. non-GAAP gaps are narrowing thanks to a recent acquisition. Investors now eye how quickly that massive backlog converts into cash — especially in AI, semiconductors, and water — while margins expand through global efficiency. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/17bf6cc04154c224