EL7.AI
StocksMediumUpdated×2•Originally published 29 October 2026•Updated 29 October 2026•
3 min read

KBR Posts Adjusted EPS of $1.12 and Quarterly Revenue of $2.03 Billion

Key Facts

1EPS was $1.12 against a published estimate of $1.00, while revenue was $2.03 billion against consensus of $2.04 billion.
2Sustainable Technology Solutions revenue rose 26% to $762 million.
3Mission Technology Solutions revenue fell 5% to $1.3 billion, down $60 million from the year-ago quarter.
4Backlog and options totaled $23.1 billion at quarter-end.
5KBR is targeting completion of the separation of its Mission Technology Solutions unit on January 4, 2027.

KBR reported adjusted earnings per share of $1.12 in the third quarter of its fiscal 2026, exceeding the published estimate of $1.00, while revenue was $2.03 billion against consensus of $2.04 billion, according to Investing.com coverage. That puts earnings and revenue in opposite directions: an EPS beat and a slight revenue shortfall versus expectations. The company said the quarter saw "profitable growth and strong execution in both businesses." The quarter ended on October 2, 2026, compared with the period ended October 3, 2025, according to the results table KBR published through Nasdaq. Company details show a clear divergence between its business lines, with Sustainable Technology Solutions growing while Mission Technology Solutions revenue declined.

KBR revenue was about $2.0 billion, up 5% or $97 million from the year-ago quarter, according to the company statement. KBR attributed the increase mainly to strong execution on engineering and professional services projects within Sustainable Technology Solutions. This was partially offset by an expected decline in NASA programs within Mission Technology Solutions. In the sustainable segment, revenue rose 26% to $762 million, and the company said the growth came from converting strong bookings secured in previous quarters into revenue. This shift reflects the contribution of the backlog to current results, alongside continued project execution.

By contrast, Mission Technology Solutions revenue fell 5% to $1.3 billion, down $60 million from the year-ago period. The company attributed the decline mainly to lower volumes with U.S. federal civilian customers, related to expected headwinds from NASA programs. This pressure partly explains how total revenue could grow while one business contracted. Bookings and options totaled $2.4 billion during the quarter, while the book-to-bill ratio was 0.9 times. Backlog and options reached $23.1 billion at quarter-end, according to KBR's statement.

KBR kept its fiscal 2026 guidance unchanged, setting a revenue range of $7.90 billion to $8.36 billion. It also set a range for adjusted EBITDA of $980 million to $1,040 million, and adjusted EPS of $3.87 to $4.22. The guidance comes as quarterly revenue grows 5%, but Mission Technology Solutions revenue declines, which the company linked to NASA programs. Chief Executive Stuart Bradie said the company delivered profitable growth and strong execution in the quarter. He added that preparations for the separation had reached important milestones, including the publication of a Form 10 and the implementation of standalone systems and infrastructure.

The company is targeting completion of the separation of its Mission Technology Solutions business on January 4, 2027, with the separated unit to operate as Trinzic. The timing remains subject to final approval by KBR's board and customary conditions, including the effectiveness of the Form 10 registration statement filed with the SEC on September 30, 2026. KBR set its investor day in New York for November 11, 2026, while Trinzic will hold its event in the same city on November 12. These dates give investors two near-term milestones for tracking the companies' plans during the pre-separation period. This comes as KBR continues to operate under its unchanged annual guidance.