KBR cuts FY2025 revenue guidance and FY2027 revenue target after HomeSafe JV termination
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.
Key points
- 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
The filing
Written by AI on Nov 8, 2026, 12:59 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 30, 2025.
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