NYSEIndustrialsDiversified Support ServicesS&P MidCap 400
$37.17
-0.87 (-2.29%)
Close of Nov 06, 2026 · end-of-day data
KBR 8-K filings, explained
Every material Form 8-K KBR has filed with the SEC since December 09, 2024, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
KBR reported fiscal third-quarter 2026 results on October 29, 2026, with revenue of $2.0 billion, up 5%, and net income attributable to KBR of $133 million, up 16%. Diluted EPS rose 18% to $1.06, though operating income fell 3% to $186 million on higher spin-off costs. KBR reaffirmed its full-year fiscal 2026 guidance and said the spin-off of Mission Technology Solutions, to be renamed Trinzic, is targeted for January 4, 2027.
Revenue of $2.0 billion, up 5%; Sustainable Technology Solutions revenue rose 26% to $762 million while Mission Technology Solutions fell 5% to $1.3 billion
Operating income of $186 million, down 3%, as spin-off costs rose; adjusted EBITDA of $268 million, up 12%
Adjusted EPS of $1.12, up 10%
Full-year fiscal 2026 guidance reaffirmed: revenue $7.90 billion to $8.36 billion and adjusted EPS $3.87 to $4.22; Investor Days set for November 11 and 12, 2026
KBR named Rami Qasem as a director effective October 1, 2026, filling a new board seat for a term ending at its 2027 annual meeting. The Board has deemed him independent, and his committee assignments have not yet been set. The appointment comes ahead of the planned January 2027 spin-off of its Mission Technology Solutions business, which will be called Trinzic.
Rami Qasem, age 59, joins the KBR board effective October 1, 2026, with a term expiring at the 2027 annual meeting.
Qasem previously served as CEO of Digital Solutions at Baker Hughes from 2017 to 2023 and spent 21 years at General Electric.
The Board has determined Qasem is independent; committee assignments will be disclosed later by amendment.
KBR plans to spin off Mission Technology Solutions as Trinzic in January 2027, a business the company says will have more than $5 billion in annual revenue.
KBR reported second-quarter fiscal 2026 results on July 30, 2026, with revenues of $2.0 billion, up 2%, net income attributable to KBR of $96 million, up 32%, and diluted EPS of $0.75, up 34%. Operating income fell 11% to $172 million on one-time spin-off costs and other charges, and operating cash flows from continuing operations were $50 million, down 77%. KBR reaffirmed its full-year fiscal 2026 guidance and is targeting completion of the planned Mission Technology Solutions spin-off on January 4, 2027.
Revenues of $2.0 billion, up 2%; net income attributable to KBR of $96 million, up 32%; diluted EPS of $0.75, up 34%
Operating income of $172 million, down 11%, including $31 million in spin-off costs and other charges in the quarter
Adjusted EPS of $0.99, up 9%; Adjusted EBITDA of $258 million, up 7%
Full-year fiscal 2026 guidance reaffirmed: revenues of $7.90B to $8.36B and Adjusted EPS of $3.87 to $4.22
On July 10, 2026, KBR entered amended and restated severance and change-in-control agreements with six executive officers, including CEO Stuart Bradie and CFO Shad Evans. The filing says the changes make the terms of 'Good Reason' and 'Cause' more specific and raise the cash severance multiple for officers other than the CEO from 1.0x to 1.5x, which could increase payouts if those officers leave.
Cash severance multiple for executive officers other than the CEO rises from 1.0x to 1.5x of base salary plus target bonus.
Good Reason now includes a relocation of the principal office to more than 50 miles away, among other triggers, without the executive's consent.
Retirement eligibility adds objective criteria: a sum of age and years of service of 70 or greater, with age at least 55 and five years of service, plus six months' notice.
General Counsel Sonia Galindo's agreement has additional provisions, including pro-rata bonus and equity vesting outside a change in control, and is filed as Exhibit 10.2.
KBR reported first quarter fiscal 2026 revenues of $1.9 billion, down 5% from a year earlier, mainly due to the expected runoff of EUCOM contingency scope. Net income attributable to KBR fell 12% to $102 million and diluted EPS fell 9% to $0.80, while Adjusted EBITDA rose 1% to $251 million. KBR reaffirmed its full-year fiscal 2026 guidance and said it is still pursuing the planned spin-off of Mission Technology Solutions, targeted for January 4, 2027.
Revenues were $1.9 billion, down $95 million or 5%, primarily due to the expected runoff of EUCOM contingency scope.
Net income attributable to KBR was $102 million, down 12%; diluted EPS was $0.80 versus $0.88 a year earlier.
Adjusted EPS was $0.96, down 5%; Adjusted EBITDA was $251 million, up 1%.
KBR reaffirmed fiscal 2026 guidance, including revenues of $7.90 billion to $8.36 billion and Adjusted EPS of $3.87 to $4.22.
KBR reported fourth-quarter fiscal 2025 revenue of $1.9 billion, down 11%, while net income attributable to KBR rose 46% to $111 million and diluted EPS rose 53% to $0.87. For the full year, revenue was $7.8 billion, up 1%, and adjusted EPS was $3.93, up 18%. The company also issued fiscal 2026 guidance, with adjusted EPS of $3.87 to $4.22, which shareholders can compare with the prior year.
Q4 revenue $1.9 billion, down 11%, due to the slower pace of awards and contingency EUCOM scope reductions
Q4 operating income $191 million, up 36%, helped by a $26 million contract dispute resolution that did not recur
Fiscal 2026 guidance: revenue $7.90 billion to $8.36 billion; adjusted EBITDA $980 million to $1.04 billion; adjusted EPS $3.87 to $4.22
Board approved a quarterly dividend of $0.165 per share, payable April 15, 2026, and planned spin-off of Mission Technology Solutions targeted for second half of 2026
KBR reported third quarter fiscal 2025 results on October 30, 2025, with revenue of $1.9 billion, down $6 million, while net income attributable to KBR rose to $115 million and Adjusted EBITDA rose 10% to $240 million. The company lowered its fiscal 2025 revenue guidance to $7.75 billion-$7.85 billion from $7.9 billion-$8.1 billion, citing the pace of awards and bids won under protest that will not be resolved during the U.S. Government shutdown. For shareholders, higher profit is offset by a lower revenue forecast, while the Adjusted EBITDA, Adjusted EPS and operating cash flow guidance was unchanged.
Q3 revenue was $1,931 million, down $6 million from $1,937 million in the prior-year quarter.
Net income attributable to KBR was $115 million versus $100 million; diluted EPS was $0.90 versus $0.75.
Adjusted EBITDA was $240 million, up 10%, and Adjusted EPS was $1.02, up 21%.
Fiscal 2025 revenue guidance was cut to $7.75 billion-$7.85 billion; Adjusted EBITDA ($960 million-$980 million), Adjusted EPS ($3.78-$3.88) and operating cash flows ($500 million-$550 million) were unchanged.
KBR announced a plan to spin off its Mission Technology Solutions segment in a transaction intended to be tax-free to KBR and its shareholders, with completion targeted for mid-to-late 2026. The company also named Shad Evans as Chief Financial Officer effective January 5, 2026, succeeding Mark Sopp, who will lead the spin-off team. KBR reaffirmed its previously issued fiscal year 2025 outlook.
Spin-off of Mission Technology Solutions is targeted for completion in mid-to-late 2026, subject to board approval and conditions including an IRS ruling or legal opinion and an effective Form 10 registration.
Shad Evans becomes CFO effective January 5, 2026, with an annual base salary of $575,000 and a 2026 long-term incentive target grant value of $1,250,000.
Mark Sopp moves from EVP and CFO to a newly created role overseeing the spin-off team.
KBR appointed Huibert H. Vigeveno to its Board of Directors effective August 5, 2025, with a term ending at the 2026 annual meeting of stockholders. Mr. Vigeveno spent 30 years at Shell plc, most recently as a member of its Executive Committee until March 2025, and the filing says he will step down from Shell in September 2025; the board is classified him as independent, which may matter to shareholders for board oversight.
Appointment effective August 5, 2025; term expires at KBR's 2026 annual meeting of stockholders
Not yet assigned to any board committee; the Nominating and Corporate Governance Committee will make recommendations at its next meeting
Annual restricted stock unit grant value for non-employee directors increased from $170,000 to $175,000
Mr. Vigeveno, 55, served on Shell plc's Executive Committee from January 2020 to March 2025
KBR reported second quarter fiscal 2025 revenue of $2.0 billion, up 6%, and Adjusted EBITDA of $242 million, up 12%, but GAAP net income attributable to KBR fell 31% to $73 million, mainly due to the HomeSafe contract termination. The company also lowered its fiscal 2025 revenue guidance to $7.9 billion to $8.1 billion from $8.7 billion to $9.1 billion and cut its fiscal 2027 revenue target to $9.0 billion or more from $11.5 billion or more.
Q2 fiscal 2025 revenues were $1,952 million, up 6%; diluted EPS including discontinued operations was $0.56, down 29%
Adjusted EPS was $0.91, up 10%; Adjusted EBITDA was $242 million, up 12%
Fiscal 2025 revenue guidance cut to $7.9 billion to $8.1 billion; Adjusted EPS guidance narrowed to $3.78 to $3.88
Fiscal 2027 revenue target lowered to $9.0 billion or more from $11.5 billion or more; operating cash flow target lowered to $650 million or more from $700 million or more
KBR said its Chief Operating Officer, Byron Bright, resigned and will leave the role effective July 11, 2025. Under a settlement agreement, he will receive payments under his severance agreement, including a lump-sum severance of $1,500,000, and KBR named new presidents for its Mission Technology Solutions business, which the company says should avoid operational disruption.
Byron Bright resigned as COO on July 8, 2025; departure effective July 11, 2025
Lump-sum severance of $1,500,000 under his 2021 severance agreement, with a general release of claims
Doug Hill and Mark Kavanaugh named presidents of MTS units, reporting directly to CEO Stuart Bradie
KBR expects no operational disruption; further details to come on the Q2 2025 earnings call on July 31, 2025
KBR said Chief Accounting Officer Alison Vasquez will resign effective June 18, 2025, to pursue another opportunity. Shad E. Evans will serve as interim Chief Accounting Officer, and Jennefer Taylor is set to take the permanent role effective August 1, 2025. The filing does not indicate any change to financial results or guidance.
Alison Vasquez notified KBR on May 27, 2025, of her resignation as Senior Vice President, Chief Accounting Officer, effective June 18, 2025
Shad E. Evans, Senior Vice President of Financial Operations, becomes interim Chief Accounting Officer until July 31, 2025
Jennefer Taylor, Senior Director, Global Controller, will become Vice President, Chief Accounting Officer, effective August 1, 2025
Taylor's compensation includes an annual base salary of $315,000 and a 2025 long-term incentive award with an estimated target grant date value of $150,000
KBR reported first quarter fiscal 2025 results with revenues of $2.1 billion, up 13%, and net income attributable to KBR of $116 million, up 25% from the prior year period. The company reaffirmed its fiscal 2025 outlook and repurchased $156 million of its stock during the quarter, which lowered the diluted share count.
Revenues of $2,055 million vs. $1,818 million a year earlier, up 13%
Net income attributable to KBR of $116 million vs. $93 million; diluted EPS of $0.88 vs. $0.69
Adjusted EPS of $0.98, up 27%; Adjusted EBITDA of $243 million, up 17%
Fiscal 2025 guidance reaffirmed: revenues $8.7 billion to $9.1 billion, Adjusted EPS $3.71 to $3.95
KBR reported fourth quarter 2024 revenue of $2.1 billion, up 23%, and net income attributable to KBR of $76 million, compared with $21 million a year earlier. The company also issued fiscal 2025 guidance calling for revenue of $8.7 billion to $9.1 billion and Adjusted EPS of $3.71 to $3.95, and raised its dividend and buyback authorization.
Q4 2024 diluted EPS of $0.57 versus $0.15 in the prior-year quarter; Adjusted EPS of $0.91, up 32%
Fiscal 2024 revenue of $7.7 billion, up 11%; diluted EPS of $2.79 versus a loss of $1.96 in fiscal 2023
Fiscal 2025 guidance: revenues of $8.7 billion to $9.1 billion; Adjusted EBITDA of $950 million to $990 million; Adjusted EPS of $3.71 to $3.95
Quarterly dividend increased 10% to $0.165 per share, payable April 15, 2025; share repurchase authorization raised to $750 million
KBR said Chair Lester Lyles will retire from its board at the 2025 annual meeting, and the board will shrink from ten to nine members. Byron Bright will become chief operating officer in May 2025, overseeing Government Solutions and Sustainable Technology Solutions, and CEO Stuart Bradie will succeed Lyles as Chair. The filing describes these as leadership changes and does not report any financial results.
General Lyles, a director since 2007 and Chair since 2019, will retire effective at the conclusion of the 2025 Annual Meeting.
Byron Bright, 50, joined KBR in 2010 and will become COO effective May 2025.
Stuart Bradie will become Chair of the Board when Lyles' current term as a director concludes.
KBR, Inc. said director Mark E. Baldwin retired from its Board of Directors effective December 7, 2024, after notifying the company on December 6, 2024. The filing says the retirement was not due to any disagreement with KBR, and the board reduced its size from eleven to ten members.
Mark E. Baldwin served on the Board since October 2014 and chaired the Audit Committee for seven years
Retirement effective December 7, 2024; board reduced from eleven to ten members
Baldwin was a member of the Audit Committee and Sustainability & Corporate Responsibility Committee
Filing states no disagreement with KBR on operations, policies or practices
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every KBR filing is on SEC EDGAR ↗. 8-K briefs of other companies →