Jacobs Solutions — Aug 4, 2026 release

3 Reconciliation of fiscal 2026 adjusted EBITDA margin, adjusted EPS and expectations for adjusted net revenue growth and adjusted FCF margin to the most directly comparable GAAP measure is not available without unreasonable efforts because the Company cannot predict with sufficient certainty all the components required to provide such reconciliation, including with respect to the costs and charges relating to transaction expenses, restructuring and integration to be incurred in fiscal 2026. 2 The Company’s outlook for fiscal 2026 is for adjusted net revenue to grow 9.5% to 10.0% over fiscal 2025 (versus prior forecast of 8.0% to 10.5%), adjusted EBITDA margin to range from 14.7% to 14.8% (versus prior forecast of 14.6% to 14.9%), adjusted EPS to range from $7.20 to $7.30 (versus prior forecast of $7.10 to $7.35) and adjusted free cash flow margin to be approximately 8% (versus prior forecast of 7.0% to 8.5%). 3 Third Quarter Review (in thousands, except per-share data) Fiscal Q3 2026 Fiscal Q3 2025 Change Revenue $4,076,410 $3,031,768 $1,044,642 Adjusted Net Revenue 1 $2,416,608 $2,231,276 $185,332 GAAP Net Earnings (Loss) from Continuing Operations $137,359 $181,234 ($43,875) GAAP Earnings (Loss) Per Diluted Share (EPS) from Continuing Operations $1.16 $1.56 ($0.40) Adjusted Net Earnings from Continuing Operations 1 $219,263 $194,833 $24,430 Adjusted EPS from Continuing Operations 1 $1.84 $1.62 $0.22 U.S. GAAP effective tax rate from Continuing Operations 43.4% 21.9% 2,150 bps Adjusted effective tax rate from Continuing Operations 1 26.4% 24.8% 160 bps 1 See "Non-GAAP Financial Measures and Operating Metrics" and the GAAP Reconciliation tables that follow for additional detail. The Company’s adjusted net earnings from continuing operations and adjusted E