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Side-by-side financial comparison of Jacobs Solutions (J) and Warner Music Group Corp. (WMG). Click either name above to swap in a different company.
Jacobs Solutions is the larger business by last-quarter revenue ($3.3B vs $1.8B, roughly 1.8× Warner Music Group Corp.). Warner Music Group Corp. runs the higher net margin — 9.6% vs 3.8%, a 5.8% gap on every dollar of revenue. On growth, Jacobs Solutions posted the faster year-over-year revenue change (12.3% vs 10.4%). Warner Music Group Corp. produced more free cash flow last quarter ($420.0M vs $364.9M). Over the past eight quarters, Warner Music Group Corp.'s revenue compounded faster (11.0% CAGR vs -12.2%).
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.
Warner Music Group Corp., commonly abbreviated as WMG, is an American multinational entertainment and record label conglomerate headquartered in New York City. It is one of the "Big Three" recording companies and the third-largest in the global music industry, after Universal Music Group and Sony Music Entertainment.
J vs WMG — Head-to-Head
Income Statement — Q1 FY2026 vs Q1 FY2026
| Metric | ||
|---|---|---|
| Revenue | $3.3B | $1.8B |
| Net Profit | $125.5M | $176.0M |
| Gross Margin | 23.2% | 46.4% |
| Operating Margin | 7.1% | 15.7% |
| Net Margin | 3.8% | 9.6% |
| Revenue YoY | 12.3% | 10.4% |
| Net Profit YoY | 792.3% | -25.4% |
| EPS (diluted) | $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.
| Q4 25 | $3.3B | $1.8B | ||
| Q3 25 | $3.2B | $1.9B | ||
| Q2 25 | $3.0B | $1.7B | ||
| Q1 25 | $2.9B | $1.5B | ||
| Q4 24 | $2.9B | $1.7B | ||
| Q3 24 | $-1.2B | $1.6B | ||
| Q2 24 | $4.2B | $1.6B | ||
| Q1 24 | $4.3B | $1.5B |
| Q4 25 | $125.5M | $176.0M | ||
| Q3 25 | $122.2M | $109.0M | ||
| Q2 25 | $179.6M | $-16.0M | ||
| Q1 25 | $5.6M | $36.0M | ||
| Q4 24 | $-18.1M | $236.0M | ||
| Q3 24 | $325.4M | $41.0M | ||
| Q2 24 | $146.9M | $139.0M | ||
| Q1 24 | $162.1M | $96.0M |
| Q4 25 | 23.2% | 46.4% | ||
| Q3 25 | 24.3% | 44.6% | ||
| Q2 25 | 25.0% | 45.9% | ||
| Q1 25 | 25.4% | 46.7% | ||
| Q4 24 | 24.6% | 46.3% | ||
| Q3 24 | — | 47.6% | ||
| Q2 24 | 21.7% | 46.6% | ||
| Q1 24 | 21.2% | 47.1% |
| Q4 25 | 7.1% | 15.7% | ||
| Q3 25 | 6.7% | 7.7% | ||
| Q2 25 | 7.8% | 10.0% | ||
| Q1 25 | 7.2% | 11.3% | ||
| Q4 24 | 7.1% | 12.8% | ||
| Q3 24 | — | 8.8% | ||
| Q2 24 | 6.2% | 13.3% | ||
| Q1 24 | 6.6% | 8.0% |
| Q4 25 | 3.8% | 9.6% | ||
| Q3 25 | 3.9% | 5.8% | ||
| Q2 25 | 5.9% | -0.9% | ||
| Q1 25 | 0.2% | 2.4% | ||
| Q4 24 | -0.6% | 14.2% | ||
| Q3 24 | -28.1% | 2.5% | ||
| Q2 24 | 3.5% | 8.9% | ||
| Q1 24 | 3.8% | 6.4% |
| Q4 25 | $1.12 | — | ||
| Q3 25 | $0.88 | — | ||
| Q2 25 | $1.55 | — | ||
| Q1 25 | $0.06 | — | ||
| Q4 24 | $-0.11 | — | ||
| Q3 24 | $2.50 | — | ||
| Q2 24 | $1.17 | — | ||
| Q1 24 | $1.28 | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $1.6B | $751.0M |
| Total DebtLower is stronger | — | $4.4B |
| Stockholders' EquityBook value | $3.4B | $720.0M |
| Total Assets | $11.6B | $10.0B |
| Debt / EquityLower = less leverage | — | 6.07× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.6B | $751.0M | ||
| Q3 25 | $1.2B | $532.0M | ||
| Q2 25 | $1.3B | $527.0M | ||
| Q1 25 | $1.2B | $637.0M | ||
| Q4 24 | $1.3B | $802.0M | ||
| Q3 24 | $1.1B | $694.0M | ||
| Q2 24 | $1.2B | $607.0M | ||
| Q1 24 | $1.0B | $587.0M |
| Q4 25 | — | $4.4B | ||
| Q3 25 | — | $4.4B | ||
| Q2 25 | — | $4.4B | ||
| Q1 25 | — | $4.3B | ||
| Q4 24 | — | $4.0B | ||
| Q3 24 | — | $4.0B | ||
| Q2 24 | — | $4.0B | ||
| Q1 24 | — | $4.0B |
| Q4 25 | $3.4B | $720.0M | ||
| Q3 25 | $3.6B | $647.0M | ||
| Q2 25 | $3.8B | $589.0M | ||
| Q1 25 | $3.9B | $567.0M | ||
| Q4 24 | $4.2B | $545.0M | ||
| Q3 24 | $4.5B | $518.0M | ||
| Q2 24 | $6.6B | $483.0M | ||
| Q1 24 | $6.6B | $433.0M |
| Q4 25 | $11.6B | $10.0B | ||
| Q3 25 | $11.3B | $9.8B | ||
| Q2 25 | $11.4B | $9.8B | ||
| Q1 25 | $11.2B | $9.6B | ||
| Q4 24 | $11.6B | $9.1B | ||
| Q3 24 | $11.8B | $9.2B | ||
| Q2 24 | $15.0B | $8.8B | ||
| Q1 24 | $14.9B | $8.7B |
| Q4 25 | — | 6.07× | ||
| Q3 25 | — | 6.75× | ||
| Q2 25 | — | 7.41× | ||
| Q1 25 | — | 7.57× | ||
| Q4 24 | — | 7.26× | ||
| Q3 24 | — | 7.75× | ||
| Q2 24 | — | 8.24× | ||
| Q1 24 | — | 9.20× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | ||
|---|---|---|
| Operating Cash FlowLast quarter | $380.8M | $440.0M |
| Free Cash FlowOCF − Capex | $364.9M | $420.0M |
| FCF MarginFCF / Revenue | 11.1% | 22.8% |
| Capex IntensityCapex / Revenue | 0.5% | 1.1% |
| Cash ConversionOCF / Net Profit | 3.03× | 2.50× |
| TTM Free Cash FlowTrailing 4 quarters | $875.3M | $663.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $380.8M | $440.0M | ||
| Q3 25 | $383.1M | $231.0M | ||
| Q2 25 | $292.6M | $46.0M | ||
| Q1 25 | $-96.4M | $69.0M | ||
| Q4 24 | $107.5M | $332.0M | ||
| Q3 24 | $196.5M | $304.0M | ||
| Q2 24 | $482.6M | $188.0M | ||
| Q1 24 | $-42.8M | $-31.0M |
| Q4 25 | $364.9M | $420.0M | ||
| Q3 25 | $353.5M | $203.0M | ||
| Q2 25 | $270.5M | $7.0M | ||
| Q1 25 | $-113.7M | $33.0M | ||
| Q4 24 | $97.1M | $296.0M | ||
| Q3 24 | $158.2M | $271.0M | ||
| Q2 24 | $444.9M | $160.0M | ||
| Q1 24 | $-70.6M | $-57.0M |
| Q4 25 | 11.1% | 22.8% | ||
| Q3 25 | 11.2% | 10.9% | ||
| Q2 25 | 8.9% | 0.4% | ||
| Q1 25 | -3.9% | 2.2% | ||
| Q4 24 | 3.3% | 17.8% | ||
| Q3 24 | -13.6% | 16.6% | ||
| Q2 24 | 10.5% | 10.3% | ||
| Q1 24 | -1.7% | -3.8% |
| Q4 25 | 0.5% | 1.1% | ||
| Q3 25 | 0.9% | 1.5% | ||
| Q2 25 | 0.7% | 2.3% | ||
| Q1 25 | 0.6% | 2.4% | ||
| Q4 24 | 0.4% | 2.2% | ||
| Q3 24 | -3.3% | 2.0% | ||
| Q2 24 | 0.9% | 1.8% | ||
| Q1 24 | 0.7% | 1.7% |
| Q4 25 | 3.03× | 2.50× | ||
| Q3 25 | 3.13× | 2.12× | ||
| Q2 25 | 1.63× | — | ||
| Q1 25 | -17.18× | 1.92× | ||
| Q4 24 | — | 1.41× | ||
| Q3 24 | 0.60× | 7.41× | ||
| Q2 24 | 3.28× | 1.35× | ||
| Q1 24 | -0.26× | -0.32× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
J
| Infrastructure Advanced Facilities | $2.9B | 89% |
| PA Consulting | $354.4M | 11% |
WMG
| Digital | $976.0M | 53% |
| Music Publishing | $362.0M | 20% |
| Artist Services And Expanded Rights | $231.0M | 13% |
| Licensing | $121.0M | 7% |
| Performance | $64.0M | 3% |
| Synchronization | $60.0M | 3% |
| Mechanical | $18.0M | 1% |
| Other | $5.0M | 0% |