Jacobs Solutions reported $22.2B of remaining performance obligations at 26 Jun 2026, up 46% from a year earlier and up 17% from the previous quarter. That is 1.6 years of trailing revenue already under contract. Book-to-bill last quarter: 1.78.
Net new backlog added in the latest quarter: $3.20B.
Over the last twelve months it turned about 83% of its opening backlog into revenue (12-month conversion).
45% of the backlog is due within the next twelve months.
Customer prepayments (contract liabilities) cover 4.6% of the backlog.
Twelve-month book-to-bill: 1.49, i.e. 1.49 of new orders for every 1 of revenue recognised.
Backlog growth minus revenue growth: +26 points — orders are running ahead of revenue.
By backlog size it ranks 41st among US filers the cockpit tracks.
Jacobs Solutions backlog history
Remaining performance obligations at each quarter end (bars) against trailing twelve-month revenue (line).
Amounts in USD. Source: SEC XBRL filings.
Quarter end
Backlog (RPO)
TTM revenue
Coverage
Customer prepayments
26 Jun 2026
$22.2B
$14.2B
1.6 yrs
$1.02B
27 Mar 2026
$19.0B
$13.2B
1.4 yrs
$926M
26 Dec 2025
$18.5B
$12.4B
1.5 yrs
$1.16B
26 Sep 2025
$15.7B
$12.0B
1.3 yrs
$941M
27 Jun 2025
$15.2B
$11.8B
1.3 yrs
$992M
28 Mar 2025
$15.2B
$11.7B
1.3 yrs
$947M
27 Dec 2024
$14.6B
$11.6B
1.3 yrs
$1.01B
27 Sep 2024
$13.7B
$11.5B
1.2 yrs
$967M
28 Jun 2024
$18.8B
$11.4B
1.7 yrs
$965M
29 Mar 2024
$17.5B
$11.3B
1.6 yrs
$919M
29 Dec 2023
$17.7B
$11.1B
1.6 yrs
$946M
30 Jun 2023
$17.2B
n/a
n/a
$762M
Questions
What is Jacobs Solutions's backlog?
Jacobs Solutions reported $22.2B of remaining performance obligations at 26 Jun 2026, up 46% from a year earlier and up 17% from the previous quarter. That is 1.6 years of trailing revenue already under contract. Book-to-bill last quarter: 1.78.
How fast does Jacobs Solutions's backlog turn into revenue?
Over the last twelve months Jacobs Solutions recognised revenue equal to about 83% of the backlog it started each quarter with.
About these numbers
Remaining performance obligations (RPO) are revenue a company has contracted but not yet recognised, as reported in its SEC filings (XBRL tag RevenueRemainingPerformanceObligation). Coverage = backlog ÷ trailing twelve-month revenue. Book-to-bill = (change in backlog + revenue) ÷ revenue. Conversion = revenue recognised ÷ the backlog at the start of each quarter, summed over four quarters. Counterparty values come from company filings and releases.