--- title: "KBR | 8-K: FY2027 Q2 Revenue Misses Estimate at USD 1.984 B" type: "News" locale: "en" url: "https://longbridge.com/en/news/294446056.md" datetime: "2026-07-31T02:59:55.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/294446056.md) - [en](https://longbridge.com/en/news/294446056.md) - [zh-HK](https://longbridge.com/zh-HK/news/294446056.md) generator: "portal-rs" --- # KBR | 8-K: FY2027 Q2 Revenue Misses Estimate at USD 1.984 B Revenue: As of FY2027 Q2, the actual value is USD 1.984 B, missing the estimate of USD 1.985 B. EPS: As of FY2027 Q2, the actual value is USD 0.75, missing the estimate of USD 0.8747. EBIT: As of FY2027 Q2, the actual value is USD 207 M. ### Second Quarter Fiscal 2026 Consolidated Results #### Operational Metrics - Net income attributable to KBR, Inc. was $96 million, marking a 32% increase. - Operating income for KBR, Inc. was $172 million, an 11% decrease, with an operating income margin of 8.7%. - Adjusted EBITDA was $258 million, up 7%, with an Adjusted EBITDA margin of 13.0%. - Gross profit was $293 million. - Equity in earnings of unconsolidated affiliates was $52 million. - Selling, general and administrative expenses were - $143 million. - Spin-off costs and other charges amounted to - $31 million. - Interest expense was - $35 million. - Income from continuing operations before income taxes was $135 million. - Provision for income taxes was - $38 million. - Net income from continuing operations was $97 million. - Net income (loss) from discontinued operations, net of tax, was $2 million. - Total net income was $99 million. #### Bookings - Bookings and options totaled $1.8 billion, resulting in a book-to-bill ratio of 1.1x. #### Cash Flow - Operating cash flows from continuing operations for the quarter were $50 million, a decrease of 77%. - Adjusted operating cash flows were $64 million, down 71%. #### Capital Deployment - KBR, Inc. returned $46 million in capital to shareholders, including $25 million in share repurchases and $21 million in regular dividends. ### Year-to-Date Fiscal 2026 Consolidated Results #### Operational Metrics - Net income attributable to KBR, Inc. was $198 million, an increase of 5%. - Operating income was $352 million, down 11%, with an operating income margin of 9.0%. - Adjusted EBITDA was $509 million, up 4%, with an Adjusted EBITDA margin of 13.0%. - Gross profit was $558 million. - Equity in earnings of unconsolidated affiliates was $103 million. - Selling, general and administrative expenses were - $262 million. - Spin-off costs and other charges amounted to - $46 million. - Interest expense was - $72 million. - Income from continuing operations before income taxes was $278 million. - Provision for income taxes was - $78 million. - Net income from continuing operations was $200 million. - Total net income was $200 million. #### Bookings - Bookings and options for the year-to-date period totaled $3.7 billion, with a book-to-bill ratio of 1.1x. #### Cash Flow - Operating cash flows from continuing operations were $160 million, down from $308 million in the prior year. - Adjusted operating cash flows were $183 million, a decrease from $308 million in the prior year. #### Capital Deployment - Payments to repurchase common stock totaled $29 million. - Payments of dividends to shareholders were $42 million. ### Balance Sheet (as of July 3, 2026) #### Liquidity - KBR, Inc.’s liquidity totaled approximately $0.9 billion, comprising $625 million in borrowing capacity and $312 million in cash and cash equivalents. #### Debt - Net debt was $2,258 million. - Trailing-twelve months (TTM) Adjusted EBITDA was $987 million. - Net leverage ratio was 2.3x. #### Other Balance Sheet Items - Total current assets were $1,978 million. - Total assets were $6,667 million. - Total liabilities were $5,025 million. - Total KBR shareholders’ equity was $1,636 million. ### Segment Performance (Second Quarter Fiscal 2026) #### Mission Technology Solutions (MTS) - **Segment Revenue:** Revenues were $1.3 billion, a 2% decrease, primarily due to lower EUCOM contingency-related activity, partially offset by growth in International Government Clients. - **Operational Metrics:** Operating income was $116 million, up 7%, with an operating income margin of 8.9%. - **Adjusted EBITDA:** Adjusted EBITDA was $158 million, up 16%, with an Adjusted EBITDA margin of 12.1%. - **Backlog:** Backlog and options totaled $17.5 billion, with a book-to-bill ratio of 0.8x. #### Sustainable Technology Solutions (STS) - **Segment Revenue:** Revenues were $676 million, a 10% increase, driven by project execution in the Middle East, Latin America, Australia, and Asia. - **Operational Metrics:** Operating income was $103 million, an 18% decrease, reflecting the timing and mix of work. - **Adjusted EBITDA:** Adjusted EBITDA was $123 million, an 8% decrease, with an Adjusted EBITDA margin of 18.2%. - **Backlog:** Backlog reached a record $5.5 billion, with a book-to-bill ratio of 1.5x. ### Outlook / Guidance KBR, Inc. reaffirmed its full-year fiscal 2026 guidance. Revenues are projected to be between $7.90 billion and $8.36 billion. Adjusted EBITDA is expected to range from $980 million to $1,040 million, and Adjusted operating cash flows are anticipated to be $560 million to $600 million. ### Related Stocks - [KBR.US](https://longbridge.com/en/quote/KBR.US.md) ## Related News & Research - [KBR wins three-year US government contract for radio frequency engineering work](https://longbridge.com/en/news/298435718.md) - [KBR (KBR), What Is Behind The Fresh Attention Today?](https://longbridge.com/en/news/298424169.md) - [Luxor updates financial calendar for fiscal 2026/27](https://longbridge.com/en/news/298202919.md) - [Asuntosalkku publishes update to financial calendar for fiscal 2026-2027](https://longbridge.com/en/news/298448315.md) - [KBR Secures New Ministry of Justice Contract, Advancing UK Government Transformation Programme | KBR Stock News](https://longbridge.com/en/news/297165630.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**