Filing Flows › KBR (KBR) › Q2 2026
KBR (KBR) Q2 2026 earnings results (second quarter 2026)
10-Q filed Jul 30, 2026
KBR (KBR) reported revenue of $2.0B for the second quarter 2026 (Q2 2026), +2% from a year earlier and +3% from the quarter before. Operating margin was 8.7%, net earnings $96.0M (4.8% of revenue).
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 follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.0B | +3% | +2% |
| Gross profit | $293M | +11% | +1% |
| Operating profit | $172M | -4% | -11% |
| Net earnings | $96.0M | -6% | +32% |
| Operating cash flow | $50.0M | -55% | -77% |
| Free cash flow | $34.0M | -65% | -83% |
What changed
Revenue was $2.0B in Q2 2026, up 2% year over year and up 3% from the previous quarter. MTS was the largest line at 66% of revenue. STS added $0.06B year over year (up 10%), 188% of the total change. MTS declined 2%.
Gross margin was 14.8%, down 0.1 points from Q2 2025. Operating profit was $0.17B, a 8.7% margin (down 1.3 points year over year). Operating profit fell $0.02B even though revenue rose $0.03B versus Q2 2025, so costs grew faster than sales. Operating expenses grew 26% against revenue growth of 2%. Net earnings were $0.10B, up 32% year over year. The effective tax rate was 27.7%.
Operating cash flow was $0.05B (down 77% year over year), 51% of net income including minority interests. Non-cash charges added back $0.04B of depreciation and amortization. Working capital and other items used $0.09B. Capital expenditures of $0.02B left free cash flow of $0.03B.
Questions
What was KBR's revenue in the second quarter 2026?
KBR (KBR) reported revenue of $2.0B for the second quarter 2026 (Q2 2026), +2% from a year earlier and +3% from the quarter before.
Was KBR profitable in the second quarter 2026?
Operating profit was $172M (8.7% of revenue) and net earnings $96.0M.
Source: KBR 10-Q on SEC EDGAR.