KBR INC

For the period ended Jun 28, 2024. Filed Jul 24, 2024.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Jun 28, 2024 · Filed Jul 24, 2024

KBR$38.65+4.0%Stored close · as of Nov 9, 2026

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Contents

Consolidated Statements of

Condensed Consolidated Statements of Operations

(In millions, except for per share data)

	Three Months Ended		Six Months Ended
	June 28,	June 30,	June 28,	June 30,
	2024	2023	2024	2023
Revenues	$1,855	$1,753	$3,673	$3,456
Cost of revenues	(1,584)	(1,502)	(3,154)	(2,960)
Gross profit	271	251	519	496
Equity in earnings of unconsolidated affiliates	40	23	70	46
Selling, general and administrative expenses	(129)	(119)	(250)	(243)
Legal settlement of legacy matter	—	(144)	—	(144)
Gain on disposition of assets and investments	—	—	6	—
Other	(1)	(1)	2	(1)
Operating income	181	10	347	154
Interest expense	(32)	(29)	(63)	(55)
Charges associated with Convertible Notes	—	(314)	—	(314)
Other non-operating expense	(2)	(1)	(8)	(3)
Income (loss) before income taxes	147	(334)	276	(218)
Provision for income taxes	(40)	(16)	(75)	(46)
Net income (loss)	107	(350)	201	(264)
Less: Net income attributable to noncontrolling interests	1	1	2	1
Net income (loss) attributable to KBR	$106	$(351)	$199	$(265)
Net income (loss) attributable to KBR per share
Basic	$0.79	$(2.60)	$1.48	$(1.95)
Diluted	$0.79	$(2.60)	$1.47	$(1.95)
Basic weighted average common shares outstanding	134	135	134	136
Diluted weighted average common shares outstanding	134	135	135	136
Cash dividends declared per share	$0.150	$0.135	$0.300	$0.270

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.