Earnings ·
KBR, Inc. reported second quarter fiscal 2026 results with revenues of $1.98 billion, up 2% year-over-year, and net…
KBRKbr, Inc.
KBR, Inc. reported second quarter fiscal 2026 results with revenues of $1.98 billion, up 2% year-over-year, and net income attributable to KBR of $96 million, a 32% increase. Diluted EPS rose 34% to $0.75, while Adjusted EBITDA grew 7% to $258 million with a 13.0% margin. Operating income declined 11% to $172 million due to one-time spin-off costs associated with the planned separation of its Mission Technology Solutions segment. The company returned $46 million in capital to shareholders, comprising $25 million in share repurchases and $21 million in regular dividends. Bookings and options totaled $1.8 billion with a 1.1x book-to-bill ratio, bringing total backlog and options to $23.0 billion. KBR reaffirmed its full-year fiscal 2026 guidance for revenues of $7.90B-$8.36B and Adjusted EPS of $3.87-$4.22. The spin-off is targeted for completion on January 4, 2027. KBR provides science, technology, and engineering solutions to governments and companies globally.