KBR Q3 revenue rises 5% to $2 billion as adjusted EBITDA grows 12%
Key points
- KBR (NYSE:KBR) reported third-quarter fiscal 2026 revenue of $2 billion, up 5% year over year, while net income rose 16% to $133 million.
- Diluted EPS increased 18% to $1.06, and adjusted EBITDA rose 12% to $268 million, despite a 3% decline in operating income.
- KBR maintained its fiscal 2026 revenue guidance of $7.90 billion–$8.36 billion. Its planned Mission Technology Solutions spin-off into Trinzic targets January 4, 2027, subject to required approvals.
KBR (NYSE:KBR) reported third-quarter fiscal 2026 revenue of $2 billion, up 5% year over year, as higher earnings in Sustainable Technology Solutions supported overall performance.
Net income attributable to KBR increased 16% to $133 million, while diluted earnings per share rose 18% to $1.06.
Adjusted EBITDA, a non-GAAP earnings measure, increased 12% to $268 million.
Operating income declined 3% to $186 million, reflecting higher separation and administrative costs and lower joint-venture earnings.
Sustainable Technology Solutions revenue increased 26%, while Mission Technology Solutions revenue fell 5%, partly due to reductions in NASA programs.
Operating cash flow from continuing operations decreased to $171 million from $198 million a year earlier.
KBR reaffirmed its fiscal 2026 revenue guidance of $7.90 billion–$8.36 billion.
The company also continues to plan the separation of Mission Technology Solutions into a standalone business called Trinzic, targeting January 4, 2027, subject to board approval and the effectiveness of its registration statement.
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