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Side-by-side financial comparison of APA Corporation (APA) and Jacobs Solutions (J). Click either name above to swap in a different company.

Jacobs Solutions is the larger business by last-quarter revenue ($3.3B vs $2.2B, roughly 1.5× APA Corporation). APA Corporation runs the higher net margin — 15.0% vs 3.8%, a 11.2% gap on every dollar of revenue. On growth, Jacobs Solutions posted the faster year-over-year revenue change (12.3% vs -24.3%). Over the past eight quarters, APA Corporation's revenue compounded faster (1.4% CAGR vs -12.2%).

APA Corporation, a holding company for Apache Corporation, an American company engaged in hydrocarbon exploration. It is organized in Delaware and headquartered in Houston.

Jacobs Solutions Inc. is an American international technical professional services firm based in Dallas. The company provides engineering, technical, professional, and construction services as well as scientific and specialty consulting for a broad range of clients globally, including companies, organizations, and government agencies. Jacobs has consistently ranked No.

APA vs J — Head-to-Head

Bigger by revenue
J
J
1.5× larger
J
$3.3B
$2.2B
APA
Growing faster (revenue YoY)
J
J
+36.6% gap
J
12.3%
-24.3%
APA
Higher net margin
APA
APA
11.2% more per $
APA
15.0%
3.8%
J
Faster 2-yr revenue CAGR
APA
APA
Annualised
APA
1.4%
-12.2%
J

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
APA
APA
J
J
Revenue
$2.2B
$3.3B
Net Profit
$331.0M
$125.5M
Gross Margin
23.2%
Operating Margin
32.5%
7.1%
Net Margin
15.0%
3.8%
Revenue YoY
-24.3%
12.3%
Net Profit YoY
-22.1%
792.3%
EPS (diluted)
$0.79
$1.12

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
APA
APA
J
J
Q4 25
$2.2B
$3.3B
Q3 25
$2.3B
$3.2B
Q2 25
$2.3B
$3.0B
Q1 25
$2.7B
$2.9B
Q4 24
$2.9B
$2.9B
Q3 24
$2.7B
$-1.2B
Q2 24
$2.8B
$4.2B
Q1 24
$2.1B
$4.3B
Net Profit
APA
APA
J
J
Q4 25
$331.0M
$125.5M
Q3 25
$205.0M
$122.2M
Q2 25
$603.0M
$179.6M
Q1 25
$418.0M
$5.6M
Q4 24
$425.0M
$-18.1M
Q3 24
$-223.0M
$325.4M
Q2 24
$541.0M
$146.9M
Q1 24
$212.0M
$162.1M
Gross Margin
APA
APA
J
J
Q4 25
23.2%
Q3 25
24.3%
Q2 25
25.0%
Q1 25
25.4%
Q4 24
24.6%
Q3 24
Q2 24
21.7%
Q1 24
21.2%
Operating Margin
APA
APA
J
J
Q4 25
32.5%
7.1%
Q3 25
33.7%
6.7%
Q2 25
31.8%
7.8%
Q1 25
31.9%
7.2%
Q4 24
31.4%
7.1%
Q3 24
-5.2%
Q2 24
34.4%
6.2%
Q1 24
32.2%
6.6%
Net Margin
APA
APA
J
J
Q4 25
15.0%
3.8%
Q3 25
9.0%
3.9%
Q2 25
26.0%
5.9%
Q1 25
15.4%
0.2%
Q4 24
14.6%
-0.6%
Q3 24
-8.1%
-28.1%
Q2 24
19.0%
3.5%
Q1 24
9.9%
3.8%
EPS (diluted)
APA
APA
J
J
Q4 25
$0.79
$1.12
Q3 25
$0.57
$0.88
Q2 25
$1.67
$1.55
Q1 25
$0.96
$0.06
Q4 24
$0.97
$-0.11
Q3 24
$-0.60
$2.50
Q2 24
$1.46
$1.17
Q1 24
$0.44
$1.28

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
APA
APA
J
J
Cash + ST InvestmentsLiquidity on hand
$516.0M
$1.6B
Total DebtLower is stronger
$4.3B
Stockholders' EquityBook value
$6.1B
$3.4B
Total Assets
$17.8B
$11.6B
Debt / EquityLower = less leverage
0.70×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
APA
APA
J
J
Q4 25
$516.0M
$1.6B
Q3 25
$475.0M
$1.2B
Q2 25
$107.0M
$1.3B
Q1 25
$67.0M
$1.2B
Q4 24
$625.0M
$1.3B
Q3 24
$64.0M
$1.1B
Q2 24
$160.0M
$1.2B
Q1 24
$102.0M
$1.0B
Total Debt
APA
APA
J
J
Q4 25
$4.3B
Q3 25
$4.3B
Q2 25
$4.3B
Q1 25
$5.2B
Q4 24
$6.0B
Q3 24
$6.4B
Q2 24
$6.7B
Q1 24
$5.2B
Stockholders' Equity
APA
APA
J
J
Q4 25
$6.1B
$3.4B
Q3 25
$6.0B
$3.6B
Q2 25
$5.9B
$3.8B
Q1 25
$5.4B
$3.9B
Q4 24
$5.3B
$4.2B
Q3 24
$5.1B
$4.5B
Q2 24
$5.4B
$6.6B
Q1 24
$2.6B
$6.6B
Total Assets
APA
APA
J
J
Q4 25
$17.8B
$11.6B
Q3 25
$17.7B
$11.3B
Q2 25
$18.1B
$11.4B
Q1 25
$18.5B
$11.2B
Q4 24
$19.4B
$11.6B
Q3 24
$19.4B
$11.8B
Q2 24
$20.2B
$15.0B
Q1 24
$15.0B
$14.9B
Debt / Equity
APA
APA
J
J
Q4 25
0.70×
Q3 25
0.72×
Q2 25
0.73×
Q1 25
0.96×
Q4 24
1.13×
Q3 24
1.25×
Q2 24
1.24×
Q1 24
1.99×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
APA
APA
J
J
Operating Cash FlowLast quarter
$808.0M
$380.8M
Free Cash FlowOCF − Capex
$364.9M
FCF MarginFCF / Revenue
11.1%
Capex IntensityCapex / Revenue
0.5%
Cash ConversionOCF / Net Profit
2.44×
3.03×
TTM Free Cash FlowTrailing 4 quarters
$875.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
APA
APA
J
J
Q4 25
$808.0M
$380.8M
Q3 25
$1.5B
$383.1M
Q2 25
$1.2B
$292.6M
Q1 25
$1.1B
$-96.4M
Q4 24
$1.0B
$107.5M
Q3 24
$1.3B
$196.5M
Q2 24
$877.0M
$482.6M
Q1 24
$368.0M
$-42.8M
Free Cash Flow
APA
APA
J
J
Q4 25
$364.9M
Q3 25
$353.5M
Q2 25
$270.5M
Q1 25
$-113.7M
Q4 24
$97.1M
Q3 24
$158.2M
Q2 24
$444.9M
Q1 24
$-70.6M
FCF Margin
APA
APA
J
J
Q4 25
11.1%
Q3 25
11.2%
Q2 25
8.9%
Q1 25
-3.9%
Q4 24
3.3%
Q3 24
-13.6%
Q2 24
10.5%
Q1 24
-1.7%
Capex Intensity
APA
APA
J
J
Q4 25
0.5%
Q3 25
0.9%
Q2 25
0.7%
Q1 25
0.6%
Q4 24
0.4%
Q3 24
-3.3%
Q2 24
0.9%
Q1 24
0.7%
Cash Conversion
APA
APA
J
J
Q4 25
2.44×
3.03×
Q3 25
7.12×
3.13×
Q2 25
1.96×
1.63×
Q1 25
2.62×
-17.18×
Q4 24
2.44×
Q3 24
0.60×
Q2 24
1.62×
3.28×
Q1 24
1.74×
-0.26×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

APA
APA

Oil And Gas Excluding Purchased$1.7B76%
Oil And Gas Purchased$323.0M15%
Oil Reserves$114.0M5%
Other$72.0M3%
Natural Gas Reserves$30.0M1%

J
J

Infrastructure Advanced Facilities$2.9B89%
PA Consulting$354.4M11%

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