Jacobs Solutions reported adjusted earnings of $1.53 per share for the first quarter of fiscal 2026, surpassing the Zacks Consensus Estimate of $1.52 and up from $1.33 in the year-ago period. Revenues grew year over year, driven by robust contributions from both the Infrastructure & Advanced Facilities and PA Consulting segments. Management raised its full-year outlook following the beat, citing sustained demand across engineering, advisory and digital solutions that underpinned top-line momentum and margin expansion during the quarter.

Order backlog increased sharply, reflecting accelerated wins across every end market. Jacobs highlighted strong bookings in data center and AI infrastructure projects, indicating that artificial intelligence build-out is a key growth driver. The company’s pipeline for advanced computing facilities expanded by a double-digit percentage year over year, and management estimates a 31% upside to the consensus valuation based on a price target of $174.70, underscoring the market’s current underappreciation of its AI-related backlog acceleration.

Jacobs was selected by the Gulf Coast Protection District to lead the engineering design of the Bolivar Roads Gate System, a coastal storm surge barrier along the Texas Gulf Coast that is expected to protect more than six million residents and safeguard approximately $800 billion in regional assets. Backed by nearly $1 billion in state funding, the project leverages Jacobs’ experience on global surge barriers and integrates advanced sector gates, digital modeling and operational planning. This award highlights Jacobs’ $12 billion annual revenue scale and its capacity to deliver complex resilience solutions across infrastructure, water and environmental markets.