Jacobs Solutions — Jan 30, 2025 release

Grows by 18.9% Year-Over-Year with TTM Book-to-Bill Ratio of 1.3x Repurchased $202 Million of our Shares During Q1 Board Authorizes $1.5 Billion for Company's Largest Ever Share Repurchase Program Increasing Dividend to $0.32/share, a 10% Increase Year-Over-Year Raising FY 2025 Adjusted EPS Guidance Range DALLAS, TEXAS - Jacobs Solutions Inc. (NYSE: J) today announced its financial results for the fiscal first quarter ended December 27, 2024. Q1 2025 Highlights 1 : • Gross revenue of $2.9 billion grew 4.4% y/y; adjusted net revenue 2 up 5.1% y/y • Infrastructure & Advanced Facilities gross revenue grew 4.9% y/y; adjusted net revenue 2 up 6.0% y/y • GAAP net loss of $17.1 million, down 113.3% y/y; adjusted EBITDA 2 of $282 million, up 23.6% y/y • Recorded $145 million in mark-to-market losses on our investment in AMTM, reducing Q1 2025 GAAP net income • EPS of ($0.10), down 109.7% y/y; adjusted EPS 2 of $1.33, down 8.3% y/y (tax benefit of $0.49/share in Q1 2024) • Backlog of $21.8 billion, up 18.9% y/y; Q1 book-to-bill 1.0x (1.3x TTM) Jacobs' Chair and CEO Bob Pragada commented, "Our focus on the transformed portfolio is already having a positive impact on results. We started FY25 with solid performance across our business, led by strong Water and Life Sciences revenue growth within Infrastructure & Advanced Facilities. As we look ahead to the rest of the fiscal year, we continue to see tailwinds from robust