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Income Statement (USD)
Q1 '24 | QoQ | |
---|---|---|
Revenue | 4.23B | 1.5% |
Gross Profit | 905M | 6.4% |
Cost of Revenue | 3.99B | 1.7% |
Operating expense | 624M | 16.9% |
Net Income | 162M | 5.5% |
EBITDA | 298M | 33.2% |
Balance Sheet (USD)
Q1 '24 | QoQ | |
---|---|---|
Total Assets | 14.9B | 0.4% |
Total Liabilities | 126M | 8.8% |
Total Equity | 6.62B | 0.8% |
Shares Outstanding | 125M | 0.3% |
Cash Flow (USD)
Q1 '24 | QoQ | |
---|---|---|
Cash from operations | -43M | 110.2% |
Cash from investing | -41M | 158.2% |
Cash from financing | -22M | 89.4% |
EPS
Financial Highlights for Jacobs Solutions in Q1 '24
Jacobs Solutions reported a revenue of 4.23B, which is a 1.5% 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 905M, marking a 6.4% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 3.99B, a -1.7% 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 624M, showing a -16.9% 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 162M, showing a -5.5% 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 298M, showing a 33.2% 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.