Filing Flows › KBR (KBR) › Q4 2025
KBR (KBR) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Feb 26, 2026
KBR (KBR) reported revenue of $1.9B for the fourth quarter 2025 (Q4 2025), -11% from a year earlier and -2% from the quarter before. Operating margin was 10.1%, net earnings $111M (5.9% of revenue).
KBR, Q4 2025: revenue $1.9B (-11% year over year), operating margin 10.1%, net earnings $111M, operating cash flow $51.0M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.9B | -2% | -11% |
| Gross profit | $290M | +7% | -0.3% |
| Operating profit | $191M | 0% | +36% |
| Net earnings | $111M | -3% | +46% |
| Operating cash flow | $51.0M | -74% | +27% |
| Free cash flow | $33.0M | -83% | +38% |
What changed
Revenue was $1.9B in Q4 2025, down 11% year over year and down 2% from the previous quarter. MTS was the largest line at 69% of revenue.
Gross margin was 15.4%, up 1.6 points from a year earlier. Operating profit was $0.19B, a 10.1% margin (up 3.5 points year over year). Operating expenses fell 34% while revenue fell 11%. Net earnings were $0.11B, up 46% year over year. The effective tax rate was 26.1%.
Operating cash flow was $0.05B (up 27% year over year), 45% of net earnings. Non-cash charges added back $0.04B of depreciation and amortization. Working capital and other items used $0.10B. Capital expenditures of $0.02B left free cash flow of $0.03B.
Questions
What was KBR's revenue in the fourth quarter 2025?
KBR (KBR) reported revenue of $1.9B for the fourth quarter 2025 (Q4 2025), -11% from a year earlier and -2% from the quarter before.
Was KBR profitable in the fourth quarter 2025?
Operating profit was $191M (10.1% of revenue) and net earnings $111M.
Source: KBR 10-K on SEC EDGAR.