Charles Albert Dillard's questions to Jacobs Solutions Inc (J) leadership • Q2 2025
Question
Charles Albert Dillard asked for a breakdown of the drivers behind the 15% growth in gross profit in backlog and when it would impact results. He also requested a walkthrough of the revenue drivers by subsegment that support the second-half growth forecast.
Answer
Chair and CEO Bob Pragada pointed to five key drivers for H2 revenue growth: Life Sciences, Water, Semiconductors, Energy & Power/Data Centers, and Transportation, all fueled by recent large wins moving into execution. CFO Venk Nathamuni added that the acceleration of these bookings gives them visibility into the Q3 growth target. Management attributed gross profit quality to improved commercial models and engagements.