Kbr, Inc 10-Q for FY2026 Q3

Kbr, Inc. (KBR)

10-Q 2026-10-29 For: 2026-10-02

Added on October 29, 2026

About this 10-Q

Kbr, Inc filed this 10-Q on October 29, 2026, covering the quarter ended October 2, 2026 (FY2026 Q3).

For the three months ended October 2, 2026, KBR reported revenues of $2,028 million and net income attributable to KBR of $133 million. Backlog was $17,718 million at October 2, 2026. AI summary

Headline figures

Quarter ended October 2, 2026, as reported in this filing, compared with the same period a year earlier where the filing states it.

Revenue: $2.03B; up 5.0% from $1.93B a year earlier
Net income: $133M; up 15.7% from net income of $115M a year earlier
Diluted EPS: $1.06; up 17.8% from $0.90 a year earlier

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Title of each class	Trading symbol	Name of each exchange on which registered
Common Stock, $0.001 par value	KBR	New York Stock Exchange



			Page
PART I. FINANCIAL INFORMATION
Item 1. Financial Statements (Unaudited)			5
Condensed Consolidated Statements of Operations			5
Condensed Consolidated Statements of Comprehensive Income			6
Condensed Consolidated Balance Sheets			7
Condensed Consolidated Statements of Shareholders' Equity			8
Condensed Consolidated Statements of Cash Flows			10
Notes to Condensed Consolidated Financial Statements			11
Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations			31
Item 3. Quantitative and Qualitative Disclosures About Market Risk			45
Item 4. Controls and Procedures			47
PART II. OTHER INFORMATION
Item 1. Legal Proceedings			48
Item 1A. Risk Factors			48
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds			48
Item 5. Other Information			48
Item 6. Exhibits			49
SIGNATURES			50


Acronym						Definition


AOCL						Accumulated other comprehensive loss

ASC						Accounting Standards Codification
Aspire Defence						Aspire Defence Limited
ASU						Accounting Standards Update



BRIS						Brown & Root Industrial Services Joint Venture
C5ISR						Command, Control, Communications, Computers, Cyber, Intelligence, Surveillance and Reconnaissance

CAS						Cost Accounting Standards for U.S. government contracts


DCAA						Defense Contract Audit Agency
DCMA						Defense Contract Management Agency


DoW						Department of War








ESPP						Employee Stock Purchase Plan

Exchange Act						Securities Exchange Act of 1934, as amended
FAR						Federal Acquisition Regulation
FASB						Financial Accounting Standards Board



FKTC						First Kuwaiti Trading Company









HomeSafe						HomeSafe Alliance







JKC						JKC Australia LNG, an Australian joint venture executing the Ichthys LNG Project

LNG						Liquefied natural gas
MD&A						Management's Discussion and Analysis of Financial Condition and Results of Operations

MoD						Ministry of Defence
MTS						Mission Technology Solutions
NASA						National Aeronautics and Space Administration
NCI						Noncontrolling interests







PFIs						Private financed initiatives and projects
PIC						Paid-in capital in excess of par

PPE						Property, Plant and Equipment



RPA						Master Accounts Receivable Purchase Agreement
SEC						U.S. Securities and Exchange Commission




SOFR						Secured Overnight Financing Rate
SONIA						Sterling Overnight Index Average
STS						Sustainable Technology Solutions




U.K.						United Kingdom
U.S.						United States
U.S. GAAP						Accounting principles generally accepted in the United States



VIEs						Variable interest entities


	Three months ended				Nine months ended




	October 2, 2026		October 3, 2025		October 2, 2026		October 3, 2025

Revenues	$	2,028	$	1,931	$	5,935	$	5,901
Cost of revenues	(1,727)		(1,661)		(5,076)		(5,041)
Gross profit	301		270		859		860
Equity in earnings of unconsolidated affiliates	64		70		167		163
Selling, general and administrative expenses	(154)		(145)		(416)		(431)





Spin-off costs and other charges	(24)		(4)		(70)		(4)
Other operating expense	(1)		—		(2)		(1)




Operating income	186		191		538		587
Interest expense	(36)		(39)		(108)		(121)

Other non-operating expense	—		—		(2)		(5)
Income from continuing operations before income taxes	150		152		428		461
Provision for income taxes	(18)		(34)		(96)		(116)
Net income from continuing operations	132		118		332		345
Net income (loss) from discontinued operations, net of tax	4		(1)		4		(55)
Net income	136		117		336		290
Less: Net income attributable to noncontrolling interests included in continuing operations	2		2		4		4
Less: Net income (loss) attributable to noncontrolling interests included in discontinued operations	1		—		1		(18)
Net income attributable to KBR	$	133	$	115	$	331	$	304

Net income attributable to KBR per share
Basic earnings per share from continuing operations	$	1.03	$	0.91	$	2.60	$	2.62
Basic earnings (loss) per share from discontinued operations	$	0.03	$	(0.01)	$	0.02	$	(0.29)
Basic earnings per share attributable to KBR	$	1.06	$	0.90	$	2.62	$	2.33

Diluted earnings per share from continuing operations	$	1.03	$	0.91	$	2.57	$	2.62
Diluted earnings (loss) per share from discontinued operations	$	0.03	$	(0.01)	$	0.03	$	(0.29)
Diluted earnings per share attributable to KBR	$	1.06	$	0.90	$	2.60	$	2.33

Basic weighted average common shares outstanding	126		128		126		130
Diluted weighted average common shares outstanding	126		128		127		130
Cash dividends declared per share	$	0.165	$	0.165	$	0.495	$	0.495


	Three months ended				Nine months ended

	October 2, 2026		October 3, 2025		October 2, 2026		October 3, 2025
Net income	$	136	$	117	$	336	$	290
Other comprehensive income (loss):
Foreign currency translation adjustments	4		(22)		(18)		66
Pension and post-retirement benefits	4		1		13		4
Changes in fair value of derivatives	2		(9)		5		(24)
Changes in fair value of available-for-sale debt securities	1		—		1		—
Other comprehensive income (loss)	11		(30)		1		46
Income tax (expense) benefit:

Pension and post-retirement benefits	(1)		—		(3)		(1)
Changes in fair value of derivatives	—		2		(1)		5

Income tax (expense) benefit	(1)		2		(4)		4
Other comprehensive income (loss), net of tax	10		(28)		(3)		50
Comprehensive income	146		89		333		340
Less: Comprehensive income attributable to noncontrolling interests included in continuing operations	2		2		4		4
Less: Comprehensive income (loss) attributable to noncontrolling interests included in discontinued operations	1		—		1		(18)
Comprehensive income attributable to KBR	$	143	$	87	$	328	$	354


☒			Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934


☐			Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 for the transition period from to


	October 2, 2026		January 2, 2026
	(Unaudited)
Assets
Current assets:
Cash and cash equivalents	$	439	$	500
Accounts receivable, net of allowance for credit losses of $6 and $6, respectively	1,300		1,086
Contract assets	320		280

Other current assets	225		166
Current assets of discontinued operations	14		19
Total current assets	2,298		2,051
Pension assets	127		89
Property, plant and equipment, net of accumulated depreciation of $520 and $506 (including net PPE of $7 and $5 owned by a variable interest entity), respectively	244		232
Operating lease right-of-use assets	224		217
Goodwill	2,670		2,677
Intangible assets, net of accumulated amortization of $535 and $501, respectively	681		727
Equity in and advances to unconsolidated affiliates	242		107
Deferred income taxes	120		162
Other assets (including $51 and $0 of available-for-sale debt securities at fair value, respectively)	412		322

Total assets	$	7,018	$	6,584
Liabilities and Shareholders' Equity
Current liabilities:
Accounts payable	$	847	$	712
Contract liabilities	429		331
Accrued salaries, wages and benefits	353		342
Current maturities of long-term debt	554		49

Other current liabilities	253		235
Current liabilities of discontinued operations	10		19
Total current liabilities	2,446		1,688

Employee compensation and benefits	153		144
Income tax payable	102		83
Deferred income taxes	97		95

Long-term debt	1,987		2,547
Operating lease liabilities	236		236

Other liabilities	223		279

Total liabilities	5,244		5,072
Commitments and Contingencies (Notes 5, 10 and 11)

KBR shareholders' equity:
Preferred stock, $0.001 par value, 50,000,000 shares authorized, none issued	—		—
Common stock, $0.001 par value 300,000,000 shares authorized, 183,200,830 and 182,891,428 shares issued, and 126,108,987 and 126,454,289 shares outstanding, respectively	—		—
PIC	2,572		2,552
Retained earnings	1,965		1,697
Treasury stock, 57,091,843 shares and 56,437,139 shares, at cost, respectively	(1,842)		(1,818)
AOCL	(931)		(928)
Total KBR shareholders' equity	1,764		1,503
Noncontrolling interests	10		9
Total shareholders' equity	1,774		1,512
Total liabilities and shareholders' equity	$	7,018	$	6,584
























































Dollars in millions	Total		PIC		Retained Earnings		Treasury Stock		AOCL		NCI
Balance at July 3, 2026	$	1,642	$	2,566	$	1,853	$	(1,842)	$	(941)	$	6
Share-based compensation	6		6		—		—		—		—


Dividends declared to shareholders ($0.165/share)	(21)		—		(21)		—		—		—






Other	1		—		—		—		—		1
Net income	136		—		133		—		—		3
Other comprehensive income, net of tax	10		—		—		—		10		—
Balance at October 2, 2026	$	1,774	$	2,572	$	1,965	$	(1,842)	$	(931)	$	10



	Three months ended October 2, 2026
Dollars in millions	MTS		STS		Corporate		Total
Revenues	$	1,266	$	762	$	—	$	2,028
Cost of revenues	(1,087)		(640)		—		(1,727)
Gross profit	179		122		—		301
Equity in earnings of unconsolidated affiliates	16		48		—		64
Selling, general and administrative expenses	(80)		(45)		(29)		(154)




Spin-off costs and other charges	—		—		(24)		(24)
Other operating expense	—		(1)		—		(1)
Operating income (loss)	115		124		(53)		186
Interest expense	—		—		(36)		(36)
Other non-operating income (expense)	3		(1)		(2)		—
Income (loss) from continuing operations before income taxes	118		123		(91)		150
Provision for income taxes	—		—		(18)		(18)
Net income (loss) from continuing operations	118		123		(109)		132
Less: Net income attributable to noncontrolling interests included in continuing operations	—		2		—		2
Net income (loss) attributable to KBR from continuing operations	$	118	$	121	$	(109)	$	130
Supplemental Disclosures:
Depreciation and amortization	$	26	$	11	$	6	$	43
Purchases of property, plant and equipment	$	(1)	$	(5)	$	(2)	$	(8)



	Three months ended October 3, 2025
Dollars in millions	MTS		STS		Corporate		Total
Revenues	$	1,326	$	605	$	—	$	1,931
Cost of revenues	(1,160)		(501)		—		(1,661)
Gross profit	166		104		—		270
Equity in earnings of unconsolidated affiliates	8		62		—		70
Selling, general and administrative expenses	(62)		(47)		(36)		(145)




Spin-off costs and other charges	—		—		(4)		(4)
Other operating income (expense)	1		—		(1)		—
Operating income (loss)	113		119		(41)		191
Interest expense	—		—		(39)		(39)
Other non-operating income (expense)	(2)		1		1		—
Income (loss) from continuing operations before income taxes	111		120		(79)		152
Provision for income taxes	—		—		(34)		(34)
Net income (loss) from continuing operations	111		120		(113)		118
Less: Net income attributable to noncontrolling interests included in continuing operations	—		2		—		2
Net income (loss) attributable to KBR from continuing operations	$	111	$	118	$	(113)	$	116
Supplemental Disclosures:
Depreciation and amortization	$	25	$	11	$	7	$	43
Purchases of property, plant and equipment	$	(6)	$	(1)	$	(1)	$	(8)


	Nine months ended October 2, 2026

Dollars in millions	MTS		STS		Corporate		Total
Revenues	$	3,870	$	2,065	$	—	$	5,935
Cost of revenues	(3,334)		(1,742)		—		(5,076)
Gross profit	536		323		—		859
Equity in earnings of unconsolidated affiliates	37		130		—		167
Selling, general and administrative expenses	(216)		(110)		(90)		(416)




Spin-off costs and other charges	(16)		(2)		(52)		(70)
Other operating income (expense)	1		(1)		(2)		(2)
Operating income (loss)	342		340		(144)		538
Interest expense	—		—		(108)		(108)
Other non-operating income (expense)	3		(1)		(4)		(2)
Income (loss) from continuing operations before income taxes	345		339		(256)		428
Provision for income taxes	—		—		(96)		(96)
Net income (loss) from continuing operations	345		339		(352)		332
Less: Net income attributable to noncontrolling interests included in continuing operations	—		4		—		4
Net income (loss) attributable to KBR from continuing operations	$	345	$	335	$	(352)	$	328
Supplemental Disclosures:
Depreciation and amortization	$	75	$	32	$	19	$	126
Purchases of property, plant and equipment	$	(13)	$	(8)	$	(15)	$	(36)
Total assets as of October 2, 2026	$	3,797	$	2,206	$	1,015	$	7,018


	Nine months ended October 3, 2025

Dollars in millions	MTS		STS		Corporate		Total
Revenues	$	4,043	$	1,858	$	—	$	5,901
Cost of revenues	(3,540)		(1,501)		—		(5,041)
Gross profit	503		357		—		860
Equity in earnings of unconsolidated affiliates	23		140		—		163
Selling, general and administrative expenses	(194)		(126)		(111)		(431)




Spin-off costs and other charges	—		—		(4)		(4)
Other operating income (expense)	2		—		(3)		(1)
Operating income (loss)	334		371		(118)		587
Interest expense	—		—		(121)		(121)
Other non-operating income (expense)	(5)		2		(2)		(5)
Income (loss) from continuing operations before income taxes	329		373		(241)		461
Provision for income taxes	—		—		(116)		(116)
Net income (loss) from continuing operations	329		373		(357)		345
Less: Net income (loss) attributable to noncontrolling interests included in continuing operations	(1)		5		—		4
Net income (loss) attributable to KBR from continuing operations	$	330	$	368	$	(357)	$	341
Supplemental Disclosures:
Depreciation and amortization	$	78	$	31	$	20	$	129
Purchases of property, plant and equipment	$	(16)	$	(3)	$	(5)	$	(24)
Total assets as of January 2, 2026	$	3,848	$	1,769	$	967	$	6,584


	October 2, 2026
Dollars in millions	International (a)		Domestic (b)		Total
Cash and cash equivalents	$	156	$	198	$	354
Short-term investments (c)	18		—		18
Cash and cash equivalents held in consolidated joint ventures and Aspire Defence subcontracting entities (d)	67		—		67
Total	$	241	$	198	$	439





	January 2, 2026
Dollars in millions	International (a)		Domestic (b)		Total
Cash and cash equivalents	$	226	$	199	$	425
Short-term investments (c)	12		11		23
Cash and cash equivalents held in consolidated joint ventures and Aspire Defence subcontracting entities (d)	52		—		52
Total	$	290	$	210	$	500


	Nine months ended		Year ended
Dollars in millions	October 2, 2026		January 2, 2026
Beginning balance	$	107	$	192
Equity in earnings of unconsolidated affiliates	167		210
Distributions of earnings of unconsolidated affiliates (a)	(111)		(165)
Payments from unconsolidated affiliates, net	(10)		(9)
Investment in (return of) equity method investments, net (b)	127		(82)

Foreign currency translation adjustments	(1)		4
Other (c)	(37)		(43)
Ending balance	$	242	$	107


	Nine months ended
Dollars in millions	October 2, 2026		October 3, 2025

Amounts included in project estimates-at-completion at beginning of fiscal year	$	25	$	104
Net increase in project estimates	4		64


Approved change orders	(15)		(128)
Ending balance of amounts included in project estimates-at-completion	$	14	$	40
Amounts recognized over time based on progress	$	8	$	33


	Revolver, Term Loan A-1 and Term Loan A-3
Consolidated Net Leverage Ratio	Reference Rate (a)		Base Rate		Commitment Fee
Greater than or equal to 4.25 to 1.00	2.25	%	1.25	%	0.33	%
Less than 4.25 to 1.00 but greater than or equal to 3.25 to 1.00	2.00	%	1.00	%	0.30	%
Less than 3.25 to 1.00 but greater than or equal to 2.25 to 1.00	1.75	%	0.75	%	0.28	%
Less than 2.25 to 1.00 but greater than or equal to 1.25 to 1.00	1.50	%	0.50	%	0.25	%
Less than 1.25 to 1.00	1.25	%	0.25	%	0.23	%


	Term Loan A-2
Consolidated Net Leverage Ratio	Reference Rate (a)		Base Rate		Commitment Fee
Greater than or equal to 4.25 to 1.00	2.13	%	1.13	%	0.33	%
Less than 4.25 to 1.00 but greater than or equal to 3.25 to 1.00	1.88	%	0.88	%	0.30	%
Less than 3.25 to 1.00 but greater than or equal to 2.25 to 1.00	1.63	%	0.63	%	0.28	%
Less than 2.25 to 1.00 but greater than or equal to 1.25 to 1.00	1.38	%	0.38	%	0.25	%
Less than 1.25 to 1.00	1.13	%	0.13	%	0.23	%


Dollars in millions	Accumulated foreign currency translation adjustments		Accumulated pension liability adjustments		Changes in fair value of derivatives		Changes in fair value of available-for-sale debt securities		Total










Balance at January 2, 2026	$	(248)	$	(688)	$	8	$	—	$	(928)
Other comprehensive income (loss) adjustments before reclassifications	(18)		—		12		1		(5)
Amounts reclassified from AOCL	—		10		(8)		—		2
Net other comprehensive income (loss)	(18)		10		4		1		(3)
Balance at October 2, 2026	$	(266)	$	(678)	$	12	$	1	$	(931)


	Three months ended October 2, 2026					Nine months ended October 2, 2026
	Number of Shares	Average Price per Share		Dollars in Millions		Number of Shares	Average Price per Share		Dollars in Millions
Repurchases under the authorized share repurchase program	—	$	—	$	—	730,140	$	34.22	$	25
Withhold to cover shares	4,871	35.93		—		97,206	41.68		4
Total	4,871	$	35.93	$	—	827,346	$	35.10	$	29



	Three months ended				Nine months ended
	October 2,		October 3,		October 2,		October 3,
Dollars and shares in millions, except per share data	2026		2025		2026		2025
Net income attributable to KBR from continuing operations:
Net income from continuing operations	$	132	$	118	$	332	$	345
Less: Net income attributable to noncontrolling interests included in continuing operations	2		2		4		4
Net income attributable to KBR from continuing operations	130		116		328		341
Less: Earnings allocable to participating securities	—		—		1		1
Basic net income attributable to KBR from continuing operations	130		116		327		340

Diluted net income attributable to KBR from continuing operations	$	130	$	116	$	327	$	340
Net income (loss) attributable to KBR from discontinued operations:
Net income (loss) from discontinued operations, net of tax	$	4	$	(1)	$	4	$	(55)
Less: Net income (loss) attributable to noncontrolling interests included in discontinued operations	1		—		1		(18)
Net income (loss) attributable to KBR from discontinued operations	3		(1)		3		(37)

Basic net income (loss) attributable to KBR from discontinued operations	3		(1)		3		(37)

Diluted net income (loss) attributable to KBR from discontinued operations	$	3	$	(1)	$	3	$	(37)

Weighted average common shares outstanding:
Basic weighted average common shares outstanding	126		128		126		130


Stock options and restricted shares	—		—		1		—
Diluted weighted average common shares outstanding	126		128		127		130

Net income (loss) attributable to KBR per share:
Basic earnings per share
Continuing operations	$	1.03	$	0.91	$	2.60	$	2.62
Discontinued operations	$	0.03	$	(0.01)	$	0.02	$	(0.29)
Total basic earnings per share attributable to KBR	$	1.06	$	0.90	$	2.62	$	2.33
Diluted earnings per share
Continuing operations	$	1.03	$	0.91	$	2.57	$	2.62
Discontinued operations	$	0.03	$	(0.01)	$	0.03	$	(0.29)
Total diluted earnings per share attributable to KBR	$	1.06	$	0.90	$	2.60	$	2.33


Dollars in millions	Notional Amount at October 2, 2026*		Pay Fixed Rate (Weighted Average)		Receive Variable Rate	Settlement and Termination
March 2020 Interest Rate Swaps	$	400	0.89	%	Term SOFR	Monthly through January 2027
September 2022 Interest Rate Swaps	$	350	3.43	%	Term SOFR	Monthly through January 2027
March 2023 Interest Rate Swaps	$	205	3.61	%	Term SOFR	Monthly through January 2027
March 2023 Amortizing Interest Rate Swaps	£	99	3.81	%	Term SONIA	Monthly through November 2026
September 2024 Interest Rate Swaps	$	200	3.27	%	Term SOFR	Monthly through August 2027
April 2025 Interest Rate Swaps	$	270	3.39	%	Term SOFR	Monthly through August 2027
April 2025 Forward Interest Rate Swaps	$	150	3.38	%	Term SOFR	Monthly from August 2027 through December 2030



	Three months ended				Change

	October 2,		October 3,			2026 vs. 2025
	2026		2025			$		%

Dollars in millions
Revenues	$	2,028	$	1,931		$	97	5	%
Cost of revenues	(1,727)		(1,661)			66		4	%
Gross profit	301		270			31		11	%
Equity in earnings of unconsolidated affiliates	64		70			(6)		(9)	%
Selling, general and administrative expenses	(154)		(145)			9		6	%





Spin-off costs and other charges	(24)		(4)			20		n/m
Other operating expense	(1)		—			(1)		n/m




Operating income	186		191			(5)		(3)	%
Interest expense	(36)		(39)			(3)		(8)	%


Income from continuing operations before income taxes	150		152			(2)		(1)	%
Provision for income taxes	(18)		(34)			(16)		(47)	%
Net income from continuing operations	132		118			14		12	%
Net income (loss) from discontinued operations, net of tax	4		(1)			5		n/m
Net income	136		117			19		16	%
Less: Net income attributable to noncontrolling interests included in continuing operations	2		2			—		—	%
Less: Net income attributable to noncontrolling interests included in discontinued operations	1		—			1		n/m
Net income attributable to KBR	$	133	$	115		$	18	16	%


	October 2,		January 2,
Dollars in millions	2026		2026
Domestic U.S. cash	$	198	$	210
International cash	174		238
Joint venture and Aspire Defence project cash	67		52
Total	$	439	$	500


Purchase Period	Total Shares Repurchased (1)	Average Price Paid per Share		Shares Repurchased as Part of Publicly Announced Plan	Maximum Dollar Value of Shares that May Yet Be Purchased Under the Plan



July 4, 2026 - July 31, 2026	2,468	$	35.47	—	$	402,145,900
August 1, 2026 - August 28, 2026	1,350	$	36.71	—	$	402,145,900
August 29, 2026 - October 2, 2026	1,053	$	35.99	—	$	402,145,900
Total	4,871	$	35.93	—	$	402,145,900


Exhibit Number						Description
10.1+						Form of Amended and Restated Severance and Change in Control Agreement (incorporated by reference to Exhibit 10.1 to KBR's current report on Form 8-K filed July 10, 2026; File No. 001-33146)

10.2+						Amended and Restated Severance and Change in Control Agreement effective as of July 10, 2026, by and between KBR Wyle Services, LLC, a Delaware limited liability company, KBR, Inc., and Sonia Galindo (incorporated by reference to Exhibit 10.2 to KBR’s current report on Form 8-K filed July 10, 2026; File No. 001-33146)

10.3						Amendment No. 14 to the Credit Agreement, dated as of July 29, 2026, with Bank of America, N.A., as administrative agent, the lenders party thereto, the Company and each of the subsidiaries of the Company party thereto (incorporated by reference to Exhibit 10.3 to KBR’s quarterly report on Form 10-Q for the period ended July 3, 2026; File No. 001-33146)

*31.1						Certification of the Chief Executive Officer Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002

*31.2						Certification of the Chief Financial Officer Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002

**32.1						Certification Furnished Pursuant to 18 U.S.C. Section 1350 as Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002

**32.2						Certification Furnished Pursuant to 18 U.S.C. Section 1350 as Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002

***101						The following financial information from this Quarterly Report on Form 10-Q of KBR, Inc. for the quarter ended October 2, 2026 formatted in iXBRL (Inline eXtensible Business Reporting Language): (i) Condensed Consolidated Statements of Operations, (ii) Condensed Consolidated Statements of Comprehensive Income, (iii) Condensed Consolidated Balance Sheets, (iv) Condensed Consolidated Statements of Shareholders’ Equity, (v) Condensed Consolidated Statements of Cash Flows, and (vi) Notes to the Condensed Consolidated Financial Statements, tagged as blocks of text

104						Cover Page Interactive Data File - formatted as Inline XBRL contained in Exhibit 101




+			Management contracts or compensatory plans or arrangements

*			Filed with this Form 10-Q

**			Furnished with this Form 10-Q

***			Interactive data files


KBR, INC.


/s/ Shad E. Evans						/s/ Jennefer T. Taylor
Shad E. Evans						Jennefer T. Taylor
Executive Vice President and Chief Financial Officer						Vice President, Chief Accounting Officer


/s/ Stuart J. B. Bradie
Stuart J. B. Bradie
Chief Executive Officer