KBR Inc ( (KBR) ) has released its Q1 earnings. Here is a breakdown of the information KBR Inc presented to its investors.
KBR Inc. is a global provider of science, technology, and engineering solutions, primarily serving government and commercial clients across various sectors, with a focus on delivering technology and long-term operations services.
KBR Inc. reported a robust financial performance for the first quarter of fiscal 2025, showcasing significant growth in revenue, earnings, and strategic contract wins. The company highlighted its strong execution on major projects and continued momentum in new business awards.
The company achieved a 13% increase in revenues, reaching $2.1 billion, and a 17% rise in adjusted EBITDA, which stood at $243 million. Earnings per share also saw a substantial increase, with adjusted EPS climbing 27% to $0.98. KBR’s strategic focus on major projects, such as the Plaquemines LNG, and its segment realignment have contributed to these positive results. Additionally, the company executed over $150 million in share repurchases, reflecting confidence in its financial health.
KBR’s Mission Technology Solutions segment reported a 14% increase in revenues, driven by the LinQuest acquisition and HomeSafe activities. Meanwhile, the Sustainable Technology Solutions segment saw a 12% rise in revenues, supported by strong demand for sustainable technologies. The company secured several new contracts, including significant awards from the U.S. Army and Air Force, and partnerships for innovative projects like small nuclear reactors.
Looking ahead, KBR remains optimistic about its long-term prospects, reaffirming its fiscal year 2025 guidance. The company continues to focus on executing its strategic initiatives, leveraging its diversified portfolio, and maintaining agility in a volatile market environment.