Filing Flows › KBR (KBR) › Q2 2026 › vs Q2 2025
KBR (KBR) Q2 2026 vs Q2 2025 (year over year)
KBR's revenue rose $32.0M (+2%) from $2.0B in Q2 2025 to $2.0B in Q2 2026. The biggest changes: STS +$60.0M (+10%); MTS −$28.0M (-2%). Gross margin 14.8% against 14.9% (-0.1 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 Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Gross margin | 14.8% | 14.9% | -0.1 pts |
| Operating margin | 8.7% | 9.9% | -1.3 pts |
| Net margin | 4.8% | 3.7% | +1.1 pts |
| Free cash flow margin | 1.7% | 10.4% | -8.7 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| MTS | $1.3B | $1.3B | −$28.0M | -2% |
| STS | $676M | $616M | $60.0M | +10% |
| Revenue | $2.0B | $2.0B | $32.0M | +2% |
| Gross profit | $293M | $290M | $3.0M | +1% |
| Cost of revenue | $1.7B | $1.7B | $29.0M | +2% |
| Operating profit | $172M | $194M | −$22.0M | -11% |
| Operating expenses | $121M | $96.0M | $25.0M | +26% |
| Pre-tax earnings | $137M | $97.0M | $40.0M | +41% |
| Other expense, net | $35.0M | $97.0M | −$62.0M | -64% |
| Net earnings | $96.0M | $73.0M | $23.0M | +32% |
| Minority interests | $3.0M | −$15.0M | $18.0M | — |
| Income tax | $38.0M | $39.0M | −$1.0M | -3% |
| Depreciation & amortization | $42.0M | $45.0M | −$3.0M | -7% |
| Working capital & other | $88.0M | −$99.0M | $187M | — |
| Operating cash flow | $50.0M | $217M | −$167M | -77% |
| Free cash flow (OCF − capex) | $34.0M | $203M | −$169M | -83% |
| Capital expenditures | $16.0M | $14.0M | $2.0M | +14% |
Questions
How much did KBR's revenue grow year over year in Q2 2026?
KBR's revenue rose $32.0M (+2%) from $2.0B in Q2 2025 to $2.0B in Q2 2026.
What drove KBR's revenue change in Q2 2026?
STS +$60.0M (+10%); MTS −$28.0M (-2%).