KBR Q1 Revenue Falls 5% to $1.9 Billion; Net Income Down 12% to $102 Million
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.
Key points
- 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.
The filing
Written by AI on Nov 8, 2026, 1:00 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 May 04, 2026.
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.