KBR, Inc. (KBR), a science, technology and engineering solutions provider, on Thursday reported higher profit for the fourth quarter despite lower revenue.
Net income attributable to KBR rose to $111 million, or $0.87 per share from $76 million or $0.57 per share in the same quarter last year.
Excluding one-time items, adjusted earnings were $0.99 per share.
Total operating income increased to $191 million from $140 million, driven by stronger results in both Mission Technology Solutions and Sustainable Technology Solutions.
Adjusted EBITDA was $238 million, up 5%.
Revenue, however, declined 11% to $1.885 billion from $2.108 billion in the prior-year quarter.
For fiscal 2026, the company expects revenues of $7.90 billion to $8.36 billion, up 4% at the midpoint, and adjusted EPS of $3.87 to $4.22, up 3% at the midpoint. Adjusted EBITDA is expected between $980 million and $1.04 billion, up 4% at the midpoint.
KBR shares gained more than 2% in pre-market trading after closing at $40.81 on Wednesday.
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