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Kbr, Inc. — Segment Realignment & Executive Appointments Supplement (company IR deck)

Kbr, Inc. (KBR) · 0 slides · Filed Oct 29, 2026

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Slide 1 — KBR, Inc. Investor Relations Realignment Supplement1

Published on February 24, 2025 to reflect organizational realignment. Refer to last page for footnotes and disclosures. KBR, Inc. Investor Relations Realignment Supplement1 Description 1Q'22 2Q'22 3Q'22 4Q'22 FY22 1Q'23 2Q'23 3Q'23 4Q'23 FY23 1Q'24 2Q'24 3Q'24 4Q'24 FY24 Government Solutions 1,459 1,312 1,293 1,256 5,320 1,328 1,352 1,345 1,328 5,353 1,386 1,397 1,490 1,598 5,871 Sustainable Technology Solutions 255 304 333 352 1,244 375 401 425 402 1,603 432 458 457 524 1,871 Total KBR 1,714 1,616 1,626 1,608 6,564 1,703 1,753 1,770 1,730 6,956 1,818 1,855 1,947 2,122 7,742 Mission Technology Solutions 1,421 1,253 1,238 1,211 5,123 1,275 1,286 1,285 1,273 5,119 1,325 1,324 1,416 1,522 5,587 Sustainable Technology Solutions 293 363 388 397 1,441 428 467 485 457 1,837 493 531 531 600 2,155 Total KBR 1,714 1,616 1,626 1,608 6,564 1,703 1,753 1,770 1,730 6,956 1,818 1,855 1,947 2,122 7,742 Government Solutions 85% 81% 80% 78% 81% 78% 77% 76% 77% 77% 76% 75% 77% 75% 76% Sustainable Technology Solutions 15% 19% 20% 22% 19% 22% 23% 24% 23% 23% 24% 25% 23% 25% 24% Mission Technology Solutions 83% 78% 76% 75% 78% 75% 73% 73% 74% 74% 73% 71% 73% 72% 72% Sustainable Technology Solutions 17% 22% 24% 25% 22% 25% 27% 27% 26% 26% 27% 29% 27% 28% 28% Science & Space 253 257 282 263 1,055 279 287 294 267 1,127 298 291 308 291 1,188 Defense & Intel 378 388 390 353 1,509 363 383 397 432 1,575 411 403 458 576 1,848 Readiness & Sustainment 533 371 352 383 1,639 405 393 363 334 1,495 356 382 396 378 1,512 International 295 296 269 257 1,117 281 289 291 295 1,156 321 321 328 353 1,323 Government Solutions 1,459 1,312 1,293 1,256 5,320 1,328 1,352 1,345 1,328 5,353 1,386 1,397 1,490 1,598 5,871 Sustainable Technology Solutions 255 304 333 352 1,244 375 401 425 402 1,603 432 458 457 524 1,871 Science & Space 253 257 282 263 1,055 279 287 294 267 1,127 298 291 308 291 1,188 Defense & Intel 635 625 604 565 2,429 591 606 628 672 2,497 671 651 712 853 2,887 Readiness & Sustainment 533 371 352 383 1,639 405 393 363 334 1,495 356 382 396 378 1,512 Mission Technology Solutions 1,421 1,253 1,238 1,211 5,123 1,275 1,286 1,285 1,273 5,119 1,325 1,324 1,416 1,522 5,587 Sustainable Technology Solutions 293 363 388 397 1,441 428 467 485 457 1,837 493 531 531 600 2,155 United States 1,120 898 905 810 3,733 849 920 934 914 3,617 945 958 1,042 1,132 4,077 Europe 315 396 401 455 1,567 505 453 431 427 1,816 468 458 468 500 1,894 Middle East 88 104 101 113 406 113 131 136 148 528 165 188 178 200 731 Australia 90 122 119 106 437 119 129 131 117 496 121 136 134 135 526 Africa 35 38 39 37 149 37 38 49 52 176 50 49 47 55 201 Asia 45 31 39 53 168 41 40 50 38 169 31 25 37 59 152 Other Countries 21 27 22 34 104 39 42 39 34 154 38 41 41 41 161 United States 65% 56% 56% 50% 57% 50% 52% 53% 53% 52% 52% 52% 54% 53% 53% Europe 18% 25% 25% 28% 24% 30% 26% 24% 25% 26% 26% 25% 24% 24% 24% Middle East 5% 6% 6% 7% 6% 7% 7% 8% 9% 8% 9% 10% 9% 9% 9% Australia 5% 8% 7% 7% 7% 7% 7% 7% 7% 7% 7% 7% 7% 6% 7% Africa 2% 2% 2% 2% 2% 2% 2% 3% 3% 3% 3% 3% 2% 3% 3% Asia 3% 2% 2% 3% 3% 2% 2% 3% 2% 2% 2% 1% 2% 3% 2% Other Countries 1% 2% 1% 2% 2% 2% 2% 2% 2% 2% 2% 2% 2% 2% 2% United States 1,011 770 785 698 3,264 718 782 805 791 3,096 818 829 906 982 3,535 Europe 283 342 334 392 1,351 447 387 366 369 1,569 396 387 400 412 1,595 Middle East 39 51 33 34 157 26 40 36 38 140 40 33 38 49 160 Australia 90 111 101 90 392 101 106 104 92 403 98 113 114 111 436 Africa 18 22 23 23 86 19 16 16 19 70 17 16 17 20 70 Asia 3 3 4 4 14 3 5 4 5 17 4 2 1 11 18 Other Countries 15 13 13 15 56 14 16 14 14 58 13 17 14 13 57 United States 1,011 770 785 698 3,264 718 782 805 791 3,096 818 829 906 982 3,535 Europe 283 342 334 392 1,351 447 387 366 369 1,569 396 387 400 412 1,595 Middle East 36 46 26 29 137 21 28 27 29 105 30 23 25 32 110 Australia 55 57 53 50 215 53 52 53 46 204 47 50 53 52 202 Africa 18 22 23 23 86 19 16 16 19 70 17 16 17 20 70 Asia 3 3 4 4 14 3 5 4 5 17 4 2 1 11 18 Other Countries 15 13 13 15 56 14 16 14 14 58 13 17 14 13 57 United States 69% 59% 61% 56% 61% 54% 58% 60% 60% 58% 59% 59% 61% 61% 60% Europe 19% 26% 26% 31% 25% 34% 29% 27% 28% 29% 29% 28% 27% 26% 27% Middle East 3% 4% 3% 3% 3% 2% 3% 3% 3% 3% 3% 2% 3% 3% 3% Australia 6% 8% 8% 7% 7% 8% 8% 8% 7% 8% 7% 8% 8% 7% 7% Africa 1% 2% 2% 2% 2% 1% 1% 1% 1% 1% 1% 1% 1% 1% 1% Asia 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 1% 0% Other Countries 1% 1% 1% 1% 1% 1% 1% 1% 1% 1% 1% 1% 1% 1% 1% United States 71% 61% 63% 58% 64% 56% 61% 63% 62% 60% 62% 63% 64% 65% 63% Europe 20% 27% 27% 32% 26% 35% 30% 28% 29% 31% 30% 29% 28% 27% 29% Middle East 3% 4% 2% 2% 3% 2% 2% 2% 2% 2% 2% 2% 2% 2% 2% Australia 4% 5% 4% 4% 4% 4% 4% 4% 4% 4% 4% 4% 4% 3% 4% Africa 1% 2% 2% 2% 2% 1% 1% 1% 1% 1% 1% 1% 1% 1% 1% Asia 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 1% 0% Other Countries 1% 1% 1% 1% 1% 1% 1% 1% 1% 1% 1% 1% 1% 1% 1% United States 109 128 120 112 469 131 138 129 123 521 127 129 136 150 542 Europe 32 54 67 63 216 58 66 65 58 247 72 71 68 88 299 Middle East 49 53 68 79 249 87 91 100 110 388 125 155 140 151 571 Australia — 11 18 16 45 18 23 27 25 93 23 23 20 24 90 Africa 17 16 16 14 63 18 22 33 33 106 33 33 30 35 131 Asia 42 28 35 49 154 38 35 46 33 152 27 23 36 48 134 Other Countries 6 14 9 19 48 25 26 25 20 96 25 24 27 28 104 United States 109 128 120 112 469 131 138 129 123 521 127 129 136 150 542 Europe 32 54 67 63 216 58 66 65 58 247 72 71 68 88 299 Middle East 52 58 75 84 269 92 103 109 119 423 135 165 153 168 621 Australia 35 65 66 56 222 66 77 78 71 292 74 86 81 83 324 Africa 17 16 16 14 63 18 22 33 33 106 33 33 30 35 131 Asia 42 28 35 49 154 38 35 46 33 152 27 23 36 48 134 Other Countries 6 14 9 19 48 25 26 25 20 96 25 24 27 28 104 United States 43% 42% 36% 32% 38% 35% 34% 30% 31% 33% 29% 28% 30% 29% 29% Europe 13% 18% 20% 18% 17% 15% 16% 15% 14% 15% 17% 16% 15% 17% 16% Middle East 19% 17% 20% 22% 20% 23% 23% 24% 27% 24% 29% 34% 31% 29% 31% Australia 0% 4% 5% 5% 4% 5% 6% 6% 6% 6% 5% 5% 4% 5% 5% Africa 7% 5% 5% 4% 5% 5% 5% 8% 8% 7% 8% 7% 7% 7% 7% Asia 16% 9% 11% 14% 12% 10% 9% 11% 8% 9% 6% 5% 8% 9% 7% Other Countries 2% 5% 3% 5% 4% 7% 6% 6% 5% 6% 6% 5% 6% 5% 6% United States 37% 35% 31% 28% 33% 31% 30% 27% 27% 28% 26% 24% 26% 25% 25% Europe 11% 15% 17% 16% 15% 14% 14% 13% 13% 13% 15% 13% 13% 15% 14% Middle East 18% 16% 19% 21% 19% 21% 22% 22% 26% 23% 27% 31% 29% 28% 29% Australia 12% 18% 17% 14% 15% 15% 16% 16% 16% 16% 15% 16% 15% 14% 15% Africa 6% 4% 4% 4% 4% 4% 5% 7% 7% 6% 7% 6% 6% 6% 6% Asia 14% 8% 9% 12% 11% 9% 7% 9% 7% 8% 5% 4% 7% 8% 6% Other Countries 2% 4% 2% 5% 3% 6% 6% 5% 4% 5% 5% 5% 5% 5% 5% Revenue by Geography - MTS (% of Total Revenue) Revenue by Segment ($ in Millions) Revenue by Segment ($ in Millions) Revenue by Segment (% of Total Revenue) Revenue by Segment (% of Total Revenue) Revenue by Business Unit ($ in Millions) Revenue by Business Unit ($ in Millions) Revenue by Geography - KBR ($ in Millions) Revenue by Geography - KBR (% of Total Revenue) Revenue by Geography - GS ($ in Millions) Revenue by Geography - MTS ($ in Millions) Revenue by Geography - GS (% of Total Revenue) Revenue by Geography - STS ($ in Millions) Revenue by Geography - STS ($ in Millions) Revenue by Geography - STS (% of Total Revenue) Revenue by Geography - STS (% of Total Revenue)

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Slide 2 — KBR, Inc. Investor Relations Realignment Supplement1

Published on February 24, 2025 to reflect organizational realignment. Refer to last page for footnotes and disclosures. KBR, Inc. Investor Relations Realignment Supplement1 Description 1Q'22 2Q'22 3Q'22 4Q'22 FY22 1Q'23 2Q'23 3Q'23 4Q'23 FY23 1Q'24 2Q'24 3Q'24 4Q'24 FY24 Cost Reimbursable 955 788 781 769 3,293 815 831 831 810 3,287 844 839 898 926 3,507 Time-and-Materials 410 445 455 433 1,743 496 523 507 486 2,012 508 553 563 630 2,254 Fixed Price 349 383 390 406 1,528 392 399 432 434 1,657 466 463 486 566 1,981 Cost Reimbursable 955 788 781 769 3,293 815 831 831 810 3,287 844 839 898 926 3,507 Time-and-Materials 235 246 258 234 973 263 271 254 235 1,023 245 263 281 317 1,106 Fixed Price 269 278 254 253 1,054 250 250 260 283 1,043 297 295 311 355 1,258 Cost Reimbursable 955 788 781 769 3,293 815 831 831 810 3,287 844 839 898 926 3,507 Time-and-Materials 207 208 217 200 832 224 221 207 194 846 199 209 226 258 892 Fixed Price 259 257 240 242 998 236 234 247 269 986 282 276 292 338 1,188 Cost Reimbursable — — — — — — — — — — — — — — — Time-and-Materials 175 199 197 199 770 233 252 253 251 989 263 290 282 313 1,148 Fixed Price 80 105 136 153 474 142 149 172 151 614 169 168 175 211 723 Cost Reimbursable — — — — — — — — — — — — — — — Time-and-Materials 203 237 238 233 911 272 302 300 292 1,166 309 344 337 372 1,362 Fixed Price 90 126 150 164 530 156 165 185 165 671 184 187 194 228 793 Government Solutions 143 159 133 118 553 132 143 133 128 536 140 145 152 150 587 Sustainable Technology Solutions 43 55 66 60 224 82 80 89 85 336 94 98 98 108 398 Corporate (32) (28) (28) (21) (109) (32) (32) (36) (25) (125) (27) (27) (31) (30) (115) Total KBR 154 186 171 157 668 182 191 186 188 747 207 216 219 228 870 Mission Technology Solutions 144 144 123 116 527 132 125 121 122 500 131 133 141 141 546 Sustainable Technology Solutions 42 70 76 62 250 82 98 101 91 372 103 110 109 117 439 Corporate (32) (28) (28) (21) (109) (32) (32) (36) (25) (125) (27) (27) (31) (30) (115) Total KBR 154 186 171 157 668 182 191 186 188 747 207 216 219 228 870 Government Solutions 9.8% 12.1% 10.3% 9.4% 10.4% 9.9% 10.6% 9.9% 9.6% 10.0% 10.1% 10.4% 10.2% 9.4% 10.0% Sustainable Technology Solutions 16.9% 18.1% 19.8% 17.0% 18.0% 21.9% 20.0% 20.9% 21.1% 21.0% 21.8% 21.4% 21.4% 20.6% 21.3% Adjusted EBITDA Margin 9.0% 11.5% 10.5% 9.8% 10.2% 10.7% 10.9% 10.5% 10.9% 10.7% 11.4% 11.6% 11.2% 10.7% 11.2% Mission Technology Solutions 10.1% 11.5% 9.9% 9.6% 10.3% 10.4% 9.7% 9.4% 9.6% 9.8% 9.9% 10.0% 10.0% 9.3% 9.8% Sustainable Technology Solutions 14.3% 19.3% 19.6% 15.6% 17.3% 19.2% 21.0% 20.8% 19.9% 20.3% 20.9% 20.7% 20.5% 19.5% 20.4% Adjusted EBITDA Margin 9.0% 11.5% 10.5% 9.8% 10.2% 10.7% 10.9% 10.5% 10.9% 10.7% 11.4% 11.6% 11.2% 10.7% 11.2% Government Solutions 77% 74% 67% 66% 71% 62% 64% 60% 60% 61% 60% 60% 61% 58% 60% Sustainable Technology Solutions 23% 26% 33% 34% 29% 38% 36% 40% 40% 39% 40% 40% 39% 42% 40% Mission Technology Solutions 77% 67% 62% 65% 68% 62% 56% 55% 57% 57% 56% 55% 56% 55% 55% Sustainable Technology Solutions 23% 33% 38% 35% 32% 38% 44% 45% 43% 43% 44% 45% 44% 45% 45% KBR TTM Book-to-Bill 3 1.3x 1.2x 1.2x 1.4x 1.1x 1.2x 1.1x 1.1x 1.1x 1.0x 0.9x 1.0x 1.0x GS TTM Book-to-Bill 3 1.0x 0.9x 1.1x 1.2x 1.2x 1.2x 1.2x 1.1x 1.1x 1.1x STS TTM Book-to-Bill 3 1.9x 1.4x 1.3x 1.1x 1.1x 0.9x 0.8x 0.8x 0.8x 0.8x KBR TTM Book-to-Bill (ex Plaquemines LNG project) 3 1.1x 1.1x 1.1x STS TTM Book-to-Bill (ex Plaquemines LNG project) 3 1.1x 1.1x 1.1x Backlog 13,984 15,387 15,334 15,555 15,555 16,518 16,883 17,257 17,335 17,335 17,251 16,817 17,900 17,264 17,264 Options 4,564 3,820 4,437 4,203 4,203 4,368 4,179 4,528 4,397 4,397 3,596 3,332 4,215 3,975 3,975 Backlog & Options 18,548 19,207 19,771 19,758 19,758 20,886 21,062 21,785 21,732 21,732 20,847 20,149 22,115 21,239 21,239 Bookings & Options QTD 3 $1.2B $2.9B $2.7B $1.5B $8.2B $3.1B $2.2B $3.5B $1.7B $10.5B $1.9B $2.1B Bookings & Options QTD (ex Plaquemines LNG project) 3 $3.3B $2.0B $8.8B KBR TTM Book-to-Bill 3 1.3x 1.2x 1.2x 1.4x 1.1x 1.2x 1.1x 1.1x 1.1x 1.0x 0.9x 1.0x 1.0x MTS TTM Book-to-Bill 3 1.0x 0.9x 1.1x 1.1x 1.1x 1.2x 1.2x 1.1x 1.1x 1.1x STS TTM Book-to-Bill 3 1.9x 1.4x 1.3x 1.1x 1.1x 0.9x 0.8x 0.8x 0.9x 0.9x KBR TTM Book-to-Bill (ex Plaquemines LNG project) 3 1.1x 1.1x 1.1x STS TTM Book-to-Bill (ex Plaquemines LNG project) 3 1.1x 1.1x 1.1x Backlog 13,984 15,387 15,334 15,555 15,555 16,518 16,883 17,257 17,335 17,335 17,251 16,817 17,900 17,264 17,264 Options 4,564 3,820 4,437 4,203 4,203 4,368 4,179 4,528 4,397 4,397 3,596 3,332 4,215 3,975 3,975 Backlog & Options 18,548 19,207 19,771 19,758 19,758 20,886 21,062 21,785 21,732 21,732 20,847 20,149 22,115 21,239 21,239 Bookings & Options QTD 3 $1.2B $2.9B $2.7B $1.5B $8.2B $3.1B $2.2B $3.5B $1.7B $10.5B $1.9B $2.1B Bookings & Options QTD (ex Plaquemines LNG project) 3 $3.3B $2.0B $8.8B Government Solutions - Backlog 11,572 11,680 11,323 11,543 11,543 11,651 11,823 12,282 12,790 12,790 12,888 12,894 14,150 13,554 13,554 Government Solutions - Options 4,564 3,820 4,437 4,203 4,203 4,368 4,179 4,528 4,397 4,397 3,596 3,332 4,215 3,975 3,975 Government Solutions - Backlog & Options 16,136 15,500 15,760 15,746 15,746 16,019 16,002 16,810 17,187 17,187 16,484 16,226 18,365 17,529 17,529 Sustainable Technology Solutions - Backlog 2,412 3,707 4,011 4,012 4,012 4,867 5,060 4,975 4,545 4,545 4,363 3,923 3,750 3,710 3,710 Mission Technology Solutions - Backlog 11,407 11,525 11,185 11,359 11,359 11,446 11,636 12,116 12,539 12,539 12,656 12,619 13,845 13,301 13,301 Mission Technology Solutions - Options 4,564 3,820 4,437 4,203 4,203 4,368 4,179 4,528 4,397 4,397 3,596 3,332 4,215 3,975 3,975 Mission Technology Solutions - Backlog & Options 15,971 15,345 15,622 15,562 15,562 15,814 15,815 16,644 16,936 16,936 16,252 15,951 18,060 17,276 17,276 Sustainable Technology Solutions - Backlog 2,577 3,862 4,149 4,196 4,196 5,072 5,247 5,141 4,796 4,796 4,595 4,198 4,055 3,963 3,963 Reflects previously reported organization (Government Solutions and Sustainable Technology Solutions). Reflects realigned organization (Mission Technology Solutions and Sustainable Technology Solutions). This structure will be reported prospectively in KBR's Form 10-Q for the first quarter of fiscal year 2025. No changes between previously reported and realigned organization. Non-GAAP Financial Information: Footnotes: 1 All supplemental financial information provided in the realigned organization is unaudited. All non-GAAP financial information and backlog/BTB are unaudited. 2 Non-GAAP financial measure. Refer above for further details. Not disclosed Not disclosed Adj. EBITDA2 Margin by Segment Revenue by Contract Type - KBR ($ in Millions) Revenue by Contract Type - GS ($ in Millions) Revenue by Contract Type - MTS ($ in Millions) Revenue by Contract Type - STS ($ in Millions) Revenue by Contract Type - STS ($ in Millions) Adj. EBITDA2 by Segment ($ in Millions) Adj. EBITDA2 by Segment ($ in Millions) Adj. EBITDA2 Margin by Segment Adj. EBITDA2 Contribution by Segment (% of Total Adj. EBITDA (less corporate)) Adj. EBITDA2 Contribution by Segment (% of Total Adj. EBITDA (less corporate)) Backlog ($ in Millions except BTB) Not prev. disclosed Not previously disclosed Not previously disclosed Not previously disclosed Not previously disclosed Not previously disclosed Backlog ($ in Millions except BTB) Not prev. disclosed Not previously disclosed Not previously disclosed Not previously disclosed Not previously disclosed Not previously disclosed 3 Consistent with our practice, Bookings & Options and Book-to-Bill (BTB) exclude long-term UK PFIs. Backlog by Segment ($ in Millions) Backlog by Segment ($ in Millions) Investor Relations Realignment Supplement Footnotes These schedules have been derived from, and should be read in conjunction with, our financial statements in our reports on Forms 10-Q and 10-K which are filed with the SEC, and our quarterly earnings materials which are available on our website. The Investor Relations Fact Sheet herein has been prepared to provide investors with financial segment information under the realigned organizational structure, as discussed in our Investor Relations webcast on January 8, 2025. The realigned organization is effective for fiscal year 2025 (January 4, 2025). KBR's 2025 Forms 10-Q and Form 10-K will include comparable historical periods and reflect the realigned organization. Legend: The company has provided the non-GAAP financial information presented herein as information supplemental and in addition to the financial measures presented in quarterly earnings releases that are calculated and presented in accordance with GAAP. Such non-GAAP financial measures should not be considered superior to, as a substitute for or alternative to, and should be considered in conjunction with, the GAAP financial measures presented in the press release. The non-GAAP financial measures in the press release may differ from similar measures used by other companies. Historical reconciliations from GAAP to non-GAAP financial measures are available in our quarterly earnings materials available on our Investor Relations website at www.Investors.KBR.com. Non-GAAP financial information reconciliations reflecting the organizational realignment at the segment level have not been provided as the changes are not material at the segment level. All non-GAAP reconciliations for Total KBR are unaffected and remain unchanged. Percentages in this table may not add up to exactly 100% due to rounding.

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