JACOBS SOLUTIONS INC. (J) Risk Factors

Recent key developments

Concrete developments — dated events, named agreements and instruments, legal proceedings — that JACOBS SOLUTIONS INC. surfaced in its latest filing.

• Completed separation of Critical Mission Services business and a portion of Divergent Solutions business on September 27, 2024September 27, 2024
• Disposed of remaining stake in AMTM during fiscal 2025fiscal 2025
• Received a private letter ruling from the IRS that the distribution qualified for tax-free treatment under the Code
• Acquisition of CH2M
• Acquisition of BlackLynx
• Acquisition of StreetLight
• Strategic investment in PA Consulting
• Sale of the ECR business to Worley
• As of September 26, 2025, defined benefit pension and post retirement benefit plans were underfunded by $41.5 millionSeptember 26, 2025
• As of September 27, 2024, defined benefit pension and post retirement benefit plans were underfunded by $82.2 millionSeptember 27, 2024
• Potential tax liability under Section 355(e) if one or more persons acquire a 50% or greater interest in Jacobs or Amentum as part of a plan that includes the distribution
• Annual impairment review of goodwill performed at the beginning of the fiscal fourth quarter, with goodwill of $4.78 billion representing 42.5% of total assets as of September 26, 2025September 26, 2025
• Company has sustainability-linked KPIs in credit facilities and certain senior notes, including gender diversity and GHG emission reduction targets