KBR, Inc.

KBR

Financial Statements

Income Statement (Annual)

Amounts in millions

2025

1/3/2025

Revenue

7,742

Cost of Revenue

6,639

Gross Profit

1,103

Gross Margin

14.2%

Operating Income

662

Operating Margin

8.6%

Net Income

375

Net Margin

4.8%

EPS (Basic)

$2.79

EPS (Diluted)

$2.80

EBITDA

811

EBITDA Margin

10.5%

2023

12/31/2023

Revenue

6,956

Cost of Revenue

5,979

Gross Profit

977

Gross Margin

14.0%

Operating Income

448

Operating Margin

6.4%

Net Income

-265

Net Margin

-3.8%

EPS (Basic)

$-1.96

EPS (Diluted)

$-1.96

EBITDA

EBITDA Margin

1.3%

2022

12/31/2022

Revenue

6,564

Cost of Revenue

5,736

Gross Profit

828

Gross Margin

12.6%

Operating Income

343

Operating Margin

5.2%

Net Income

190

Net Margin

2.9%

EPS (Basic)

$1.36

EPS (Diluted)

$1.26

EBITDA

508

EBITDA Margin

7.7%

2021

12/31/2021

Revenue

7,339

Cost of Revenue

6,533

Gross Profit

806

Gross Margin

11.0%

Operating Income

231

Operating Margin

3.1%

Net Income

Net Margin

0.4%

EPS (Basic)

$0.19

EPS (Diluted)

$0.19

EBITDA

372

EBITDA Margin

5.1%

2020

12/31/2020

Revenue

5,767

Cost of Revenue

5,101

Gross Profit

666

Gross Margin

11.5%

Operating Income

Operating Margin

1.0%

Net Income

-72

Net Margin

-1.2%

EPS (Basic)

$-0.36

EPS (Diluted)

$-0.36

EBITDA

173

EBITDA Margin

3.0%

Income Statement (Annual)

Financial performance (amounts in millions)

Item	2025	2023	2022	2021	2020
Revenue	7,742	6,956	6,564	7,339	5,767
Cost of Revenue	6,639	5,979	5,736	6,533	5,101
Gross Profit	1,103	977	828	806	666
Gross Margin	14.2%	14.0%	12.6%	11.0%	11.5%
Operating Income	662	448	343	231	57
Operating Margin	8.6%	6.4%	5.2%	3.1%	1.0%
Net Income	375	-265	190	27	-72
Net Margin	4.8%	-3.8%	2.9%	0.4%	-1.2%
EPS (Basic)	$2.79	$-1.96	$1.36	$0.19	$-0.36
EPS (Diluted)	$2.80	$-1.96	$1.26	$0.19	$-0.36
EBITDA	811	90	508	372	173
EBITDA Margin	10.5%	1.3%	7.7%	5.1%	3.0%