KBR, INC. reported third-quarter 2026 results with revenue of $1.98B and diluted EPS of $0.75, reflecting modest revenue growth and a sizable improvement in net income versus the year-ago quarter.
Financial Highlights
| MetricCurrent quarterPrior year quarterYoY change | Revenue¹$1.98B$1.95B1.6% | Net income²$99M$58M70.7% | Diluted EPS³$0.75$0.5633.9% |
¹ Reported as “Revenues”. ² Reported as “Net income”. ³ Reported as “Diluted earnings per share attributable to KBR”.
Business Highlights
- Revenue growth was driven by a 10% increase in Sustainable Technology Solutions (STS), while Mission Technology Solutions (MTS) revenue declined about 2%.
- KBR is progressing with a planned spin-off of Mission Technology Solutions targeted for Jan. 4, 2027; the company recorded related spin-off costs and lease impairments in the quarter.
- Backlog expanded to $17.8B, with 38% anticipated to convert within one year; STS backlog growth supported the overall pipeline.
- HomeSafe was disposed of and reclassified as discontinued operations, removing associated run-off operations by July 2026.
Original SEC Filing:
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