KBR Reports First Quarter Fiscal 2025 Results

From GlobeNewswire: 2025-05-06 06:00:00

KBR, Inc. reported strong financial performance in the first quarter fiscal 2025, with revenues of $2.1 billion, up 13%, and net income of $116 million. The company also announced over $150 million in share repurchases and new contract wins, reaffirming its fiscal year 2025 guidance. Adjusted EBITDA was $243 million, up 17%.

The Mission Technology Solutions segment saw revenues of $1.5 billion, up 14%, driven by growth in Defense & Intel. Sustainable Technology Solutions had revenues of $550 million, up 12%. Adjusted EBITDA for MTS was $145 million, up 11%, and STS was $124 million, up 20%. Backlog and options totaled $20.5 billion.

KBR returned $176 million in capital to shareholders in the first quarter, through $156 million in share repurchases and $20 million in dividends. Liquidity totaled approximately $917 million, with a net leverage ratio of 2.6x. Operating cash flows were $98 million, with an operating cash conversion of 76%. The company reaffirmed its fiscal year 2025 guidance.



Read more at GlobeNewswire:: KBR Reports First Quarter Fiscal 2025 Results