Professional Services
Price
$127.89
+2.62%Market Cap
$15.1B
Day High
$127.91
Day Low
$125.55
J reported Q2 FY2026 results with gross profit up 6.9% YoY to $1.56B, but operating income collapsed 63.7% to $151M as SG&A expenses surged 35.1%, while net income swung to $79.6M from a prior-year loss, and long-term debt rose 55.1% to $4.08B.
Key risk: Leverage and Debt Sustainability Risk
Long-term debt surged 55.1% YoY to $4.08B while stockholders' equity fell 14.8% to $3.29B, significantly increasing financial leverage. This elevated debt load raises refinancing risk and interest expense burden, particularly in a higher-rate environment. The company's ability to service this debt depends on improving operating cash flows.
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