KBR, Inc. filed a Form 10-Q with the U.S. Securities and Exchange Commission for the quarterly period ended October 2, 2026, reporting consolidated financial results for its third fiscal quarter and the nine months then ended.

Key Highlights

  • Quarterly revenue: $2,028 million for the three months ended October 2, 2026, compared with $1,931 million for the three months ended October 3, 2025, according to the filing.
  • Net income attributable to KBR: $133 million for the third quarter, compared with $115 million in the prior-year quarter, as reported in the condensed consolidated statements of operations.
  • Spin-off costs and other charges: $24 million recorded in the third quarter and $70 million for the nine months ended October 2, 2026, related to the proposed spin-off of the Mission Technology Solutions business.
  • Basic and diluted earnings per share attributable to KBR: $1.06 for the third quarter, compared with $0.90 in the prior-year quarter.
  • Nine-month revenue: $5,935 million for the nine months ended October 2, 2026, compared with $5,901 million for the nine months ended October 3, 2025.
  • Cash dividends declared: $0.165 per share for the third quarter, unchanged from $0.165 per share in the prior-year quarter.
  • Shares outstanding: 126,108,987 shares of common stock as of October 21, 2026, per the filing cover page.

KBR's Third-Quarter 2026 Financial Results and Spin-Off Charges

According to the Form 10-Q filed by KBR, Inc. (NYSE:KBR) for the quarterly period ended October 2, 2026, the company reported revenues of $2,028 million for the third quarter, up from $1,931 million in the same quarter of the prior year. Cost of revenues for the quarter was $1,727 million, resulting in gross profit of $301 million, compared with gross profit of $270 million in the prior-year period. Equity in earnings of unconsolidated affiliates contributed $64 million in the quarter, versus $70 million a year earlier, the filing stated.

The filing disclosed that operating income for the three months ended October 2, 2026, was $186 million, compared with $191 million for the three months ended October 3, 2025. The company attributed a meaningful portion of this pressure to spin-off costs and other charges of $24 million in the quarter, compared with $4 million in the prior-year quarter. These charges relate, according to the filing, to the proposed spin-off of KBR's Mission Technology Solutions business into a stand-alone, publicly traded company. For the nine-month period, such charges totaled $70 million versus $4 million in the comparable nine-month period.

Net income from continuing operations was $132 million for the third quarter, and net income attributable to KBR reached $133 million after accounting for discontinued operations and noncontrolling interests, the filing reported. The provision for income taxes for the quarter was $18 million, down from $34 million in the prior-year quarter. For the nine months ended October 2, 2026, net income attributable to KBR was $331 million, compared with $304 million for the nine months ended October 3, 2025. The filing contains forward-looking statements related to the proposed MTS spin-off, which the company noted are subject to its cautionary language and are not guarantees of future performance.

What Was Disclosed

KBR, Inc. disclosed quarterly and nine-month income statement results for the period ended October 2, 2026, including revenue, operating income, earnings per share, spin-off-related charges tied to the Mission Technology Solutions separation, and the quarterly dividend rate of $0.165 per share.