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Income Statement (USD)
Q2 '24 | QoQ | |
---|---|---|
Revenue | 4.24B | 0.2% |
Gross Profit | 917M | 1.3% |
Cost of Revenue | 3.97B | 0.4% |
Operating expense | 656M | 5.2% |
Net Income | 147M | 9.4% |
EBITDA | 285M | 4.4% |
Balance Sheet (USD)
Q2 '24 | QoQ | |
---|---|---|
Total Assets | 15B | 1% |
Total Liabilities | 134M | 6.6% |
Total Equity | 6.62B | 0.1% |
Shares Outstanding | 124M | 0.8% |
Cash Flow (USD)
Q2 '24 | QoQ | |
---|---|---|
Cash from operations | 483M | 1227% |
Cash from investing | -38M | 8.8% |
Cash from financing | -262M | 1084.8% |
EPS
Financial Highlights for Jacobs Solutions in Q2 '24
Jacobs Solutions reported a revenue of 4.24B, which is a 0.2% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.
Gross Profit stood at 917M, marking a 1.3% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 3.97B, a -0.4% difference from the previous quarter. A rising cost of revenue may suggest increased production or sales costs, which can impact margins. However, if accompanied by a proportionate rise in revenue, it could indicate scaling operations.
Operating Expenses for this period were 656M, showing a 5.2% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.
Net Income for the quarter was 147M, showing a -9.4% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
The company's EBITDA for the quarter was 285M, showing a -4.4% change from the previous period. EBITDA gives insight into the company's operational profitability, excluding non-operating expenses like interest and taxes. A rising EBITDA indicates strong operational performance, while a declining EBITDA may signal operational challenges or increased costs.
Jacobs Solutions faced some challenges this quarter with a decline in one or more of the key metrics: revenue, gross profit, or net income. Higher operating expenses might indicate increased investments or potential inefficiencies. A decline in EBITDA signals potential operational challenges or increased costs.