{"id":33345,"date":"2025-11-23T10:15:06","date_gmt":"2025-11-23T18:15:06","guid":{"rendered":"https:\/\/essential.construction\/news\/jacobs-reports-5x-jump-in-data-center-pipeline\/"},"modified":"2025-11-23T10:15:06","modified_gmt":"2025-11-23T18:15:06","slug":"jacobs-reports-5x-jump-in-data-center-pipeline","status":"publish","type":"post","link":"https:\/\/essential.construction\/news\/jacobs-reports-5x-jump-in-data-center-pipeline\/","title":{"rendered":"Jacobs reports 5x jump in data center pipeline"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div>\n<div class=\"text-to-speech\">\n    <button class=\"text-to-speech__button button\"><br \/>\n        <img decoding=\"async\" class=\"text-to-speech__button__icon\" src=\"https:\/\/www.constructiondive.com\/static\/img\/play.svg?500116090725\" alt=\"-\"><br \/>\n        Listen to the article<br \/>\n        <span class=\"text-to-speech__button__audio-length\">3 min<\/span><br \/>\n    <\/button><\/p>\n<div class=\"text-to-speech__controls\">\n        <audio controls=\"\" class=\"js-text-to-speech\" preload=\"none\"><source src=\"https:\/\/text-to-speech.divecdn.com\/newspost\/806156\/2025-11-21_10.12.10\/jacobs-data-centers-third-quarter-earnings-2025.wav\" type=\"audio\/mp3\"><\/source><\/audio><\/p>\n<div class=\"text-to-speech__controls__text\">\n            This audio is auto-generated. Please let us know if you have <a rel=\"nofollow noopener\" href=\"https:\/\/www.constructiondive.com\/contact\/\" target=\"_blank\">feedback<\/a>.\n        <\/div>\n<\/p><\/div>\n<\/div>\n<p><span><span><span><span><span><span>Jacobs is entering 2026 with a record-level backlog, largely due to <\/span><\/span><\/span><\/span><\/span><\/span><a rel=\"nofollow noopener\" href=\"https:\/\/invest.jacobs.com\/news\/investor-news\/news-details\/2025\/Jacobs-Reports-Strong-Fiscal-Fourth-Quarter-and-Fiscal-Year-2025-Earnings\/\" target=\"_blank\"><span><span><span><span><span><span><span>data center and water projects<\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/a><span><span><span><span><span><span>, according to its fiscal fourth quarter earnings call on Thursday.<\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n<p><span><span><span><span><span><span>Wins in the data center sector are still accelerating, said CEO Bob Pragada during the call. Initially, Jacobs\u2019 scope in the sector had been limited to white space, or the primary area inside these facilities where equipment and network gear sit.<\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n<p><span><span><span><span><span><span>Now, Pragada said more of Jacobs&#8217; work stretches into gray space too, which includes supporting infrastructure, such as power and cooling. The Dallas-based contractor\u2019s <\/span><\/span><\/span><\/span><\/span><\/span><a rel=\"nofollow noopener\" href=\"https:\/\/www.jacobs.com\/newsroom\/press-release\/jacobs-optimize-data-centers-nvidia-ai-factory-digital-twin-blueprint\" target=\"_blank\"><span><span><span><span><span><span><span>partnership with Nvidia<\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/a><span><span><span><span><span><span> is driving much of that expanded scope, Pragada said.<\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n<p><span><span><span><span><span><span>\u201cWe\u2019re seeing interest now in data centers start in the Middle East and in Europe, in addition to the U.S. The U.S. continues to be the strongest of the three,\u201d said Pragada during the call. \u201cIn the last quarter, our pipeline in the data center space has gone up 5x.\u201d<\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n<p><span><span><span><span><span><span>Beyond digital infrastructure, the company highlighted strong growth across other advanced facility sectors. Semiconductor activity is picking up again, with Jacobs\u2019 U.S. pipeline up about 20% after a slower period, said Pragada.<\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n<p><span><span><span><span><span><span>\u201cIn the semiconductor world, we\u2019re seeing more growth there after some flatness over the course of the last year,\u201d said Pragada during the call. \u201cIt\u2019s really centered around high-bandwidth memory for the American client in the U.S.\u201d<\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n<figure class=\"image-right inside_story\">\n<div class=\"figure_content\">\n<div><img decoding=\"async\" alt=\"headshot of Jacobs CEO Bob Pragada\" data-imagemodel=\"183994\" src=\"https:\/\/imgproxy.divecdn.com\/UCQmTSIiwTs1S3NYUuCBRcA_GLCOyh_VejMClr5TVS4\/g:nowe:0:90\/c:1999:2499\/rs:fit:0:860\/Z3M6Ly9kaXZlc2l0ZS1zdG9yYWdlL2RpdmVpbWFnZS9Cb2JfUHJhZ2FkYV9IZWFkc2hvdF9ULTJfSUt3ejNNSC5qcGc=.webp\"\/><\/div>\n<\/div><figcaption class=\"inside_story_caption\">\n<p>Bob Pragada<\/p>\n<p>Courtesy of Jacobs<\/p>\n<p>\u00a0<\/p>\n<\/figcaption><\/figure>\n<p><span><span><span><span><span><span>Life science projects also delivered a strong fourth quarter, with the U.S. pipeline up 50% according to Jacobs. That mirrored strength in water-related activity as well. Jacobs expects high single-digit growth in the sector heading into 2026.<\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n<p><span><span><span><span><span><span>\u201cWater sector continues to be a strong sector for us globally, that\u2019s up 50%,\u201d said Pragada. \u201cSo, overall, the pipeline is looking really strong as we go into fiscal year 2026.\u201d<\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n<p><span><span><span><span><span><span>Transportation activity also continued to strengthen globally. Jacobs won a $166 million contract in August on the $5.5 billion <\/span><\/span><\/span><\/span><\/span><\/span><a rel=\"nofollow noopener\" href=\"https:\/\/www.constructiondive.com\/news\/hdr-jacobs-ibx-nyc-rail-contract\/757451\/\" target=\"_blank\"><span><span><span><span><span><span><span>Interborough Express project in New York<\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/a><span><span><span><span><span><span> City, a 14-mile light rail line connecting Brooklyn and Queens.<\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n<p><span><span><span><span><span><span>\u201c[Sectors] that would drive the high end of the range would be life sciences and data centers, clearly. That\u2019s a matter of those sectors moving at pace. That wouldn\u2019t have to be accelerated, just need to move at pace,\u201d said Pragada. \u201cWe\u2019re seeing semiconductor fabrication facilities start to move. And so if that were to accelerate, that would definitely be a tailwind.\u201d<\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n<h3 class=\"standard-heading\"><span><span><span><strong><span><span>Q4 results<\/span><\/span><\/strong><\/span><\/span><\/span><\/h3>\n<p><span><span><span><span><span><span>Jacobs reported $122.25 million in profit for its fiscal fourth quarter year, around a 62% drop compared to $325.44 million last year. Revenue for the quarter jumped to $3.15 billion, about a 6.4% gain from $2.96 billion a year ago.<\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n<p><span><span><span><span><span><span>Backlog climbed to $23.06 billion, about a 5.5% gain from $21.85 billion in fiscal fourth quarter 2024, according to the earnings report.<\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n<p><span><span><span><span><span><span>\u201cBacklog ends at another record,\u201d wrote Andrew Wittmann, senior research analyst with Baird, in a research note. He added strength across the life science, data center, water, energy, power and transportation sectors will support strong activity next year. Though Wittmann noted weaker free cash flow, he wrote \u201cnothing overly surprising\u201d regarding the report.<\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n<\/p><\/div>\n<p>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/www.constructiondive.com\/news\/jacobs-data-centers-third-quarter-earnings-2025\/806156\/\" rel=\"nofollow noopener\" target=\"_blank\">This article was originally posted at Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] Listen to the article 3 min This audio is auto-generated. Please let us know if you have feedback. Jacobs &#8230; <a title=\"Jacobs reports 5x jump in data center pipeline\" class=\"read-more\" href=\"https:\/\/essential.construction\/news\/jacobs-reports-5x-jump-in-data-center-pipeline\/\" aria-label=\"Read more about Jacobs reports 5x jump in data center pipeline\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[457],"tags":[],"class_list":["post-33345","post","type-post","status-publish","format-standard","hentry","category-construction-dive","generate-columns","tablet-grid-50","mobile-grid-100","grid-parent","grid-33"],"_links":{"self":[{"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/posts\/33345","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/comments?post=33345"}],"version-history":[{"count":0,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/posts\/33345\/revisions"}],"wp:attachment":[{"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/media?parent=33345"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/categories?post=33345"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/tags?post=33345"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}