Earnings Releases·Oct 28, 2026, 8:14 PM ET

KBR — Third Quarter Fiscal 2026 Earnings Summary

Consolidated revenues rose 5% year-over-year to $2.0 billion for the quarter, while net income and diluted EPS increased 16% and 18% respectively to $133 million and $1.06; however, operating income declined 3% to $186 million due to higher spin-off costs and increased SG&A.
The company reaffirmed full-year fiscal 2026 guidance for revenues ($7.90–$8.36 billion), adjusted EBITDA ($980M–$1.04B), and adjusted EPS ($3.87–$4.22), despite adjusted operating cash flows falling 5% year-over-year to $188 million.
Strategic progress includes the scheduled spin-off of Mission Technology Solutions (Trinzic) on January 4, 2027, with separate Investor Days planned for November 2026, while Sustainable Technology Solutions (STS) delivered record backlog of $5.8 billion and 26% revenue growth.
Major contract activity included a re-awarded $8 billion Antarctic Science and Engineering Support Contract and a $208 million U.S. Army task order, alongside a settlement with U.S. TRANSCOM converting a contract termination to convenience; shareholders received $21 million in dividends with no share repurchases in the quarter.