Filing Flows › KBR (KBR) › Q2 2026 › vs Q1 2026
KBR (KBR) Q2 2026 vs Q1 2026 (quarter over quarter)
KBR's revenue rose $61.0M (+3%) from $1.9B in Q1 2026 to $2.0B in Q2 2026. The biggest changes: STS +$49.0M (+8%); MTS +$12.0M (+0.9%). Gross margin 14.8% against 13.8% (+1.0 pts).
KBR, Q2 2026: revenue $2.0B (+2% year over year), operating margin 8.7%, net earnings $96.0M, operating cash flow $50.0M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Gross margin | 14.8% | 13.8% | +1.0 pts |
| Operating margin | 8.7% | 9.4% | -0.7 pts |
| Net margin | 4.8% | 5.3% | -0.5 pts |
| Free cash flow margin | 1.7% | 5.1% | -3.4 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| MTS | $1.3B | $1.3B | $12.0M | +0.9% |
| STS | $676M | $627M | $49.0M | +8% |
| Revenue | $2.0B | $1.9B | $61.0M | +3% |
| Gross profit | $293M | $265M | $28.0M | +11% |
| Cost of revenue | $1.7B | $1.7B | $33.0M | +2% |
| Operating profit | $172M | $180M | −$8.0M | -4% |
| Operating expenses | $121M | $85.0M | $36.0M | +42% |
| Pre-tax earnings | $137M | $141M | −$4.0M | -3% |
| Other expense, net | $35.0M | $39.0M | −$4.0M | -10% |
| Net earnings | $96.0M | $102M | −$6.0M | -6% |
| Minority interests | $3.0M | −$1.0M | $4.0M | — |
| Income tax | $38.0M | $40.0M | −$2.0M | -5% |
| Depreciation & amortization | $42.0M | $41.0M | $1.0M | +2% |
| Working capital & other | $88.0M | $33.0M | $55.0M | +167% |
| Operating cash flow | $50.0M | $110M | −$60.0M | -55% |
| Free cash flow (OCF − capex) | $34.0M | $98.0M | −$64.0M | -65% |
| Capital expenditures | $16.0M | $12.0M | $4.0M | +33% |
Questions
How much did KBR's revenue grow quarter over quarter in Q2 2026?
KBR's revenue rose $61.0M (+3%) from $1.9B in Q1 2026 to $2.0B in Q2 2026.
What drove KBR's revenue change in Q2 2026?
STS +$49.0M (+8%); MTS +$12.0M (+0.9%).