)
Edge28 Nov 2025
Keeping the Streak Alive: The Story of Duolingo
How Duolingo made language learning addictive, scaled to millions of users, and built a powerful subscription business around everyday practice.
KBR (KBR) investor relations material
KBR Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2025 earnings summary30 Oct, 2025
Executive summary
Quarterly revenue was $1.9–$1.931 billion, essentially flat year-over-year, with year-to-date revenue up 5% to $5.9 billion; net income from continuing operations rose 15–16% to $115–$118 million.
Adjusted EBITDA for the quarter was $240 million, up 10%, with margin expansion to 12.4%; adjusted EPS increased 21% to $1.02.
Operating cash flow was $198 million for the quarter and $506 million year-to-date, with cash conversion over 130%.
Book-to-bill ratio was 1.4x for the quarter, with backlog and options at $23.4 billion at quarter-end.
The planned spin-off of the Mission Technologies segment is progressing, targeting completion by mid-to-late 2026.
Financial highlights
Nine-month revenue increased 5% year-over-year to $5.9 billion; quarterly operating income was $191 million, up 10% year-over-year.
Adjusted EBITDA margin for Q3 was 12.4%, up from 11.3% year-over-year.
Diluted EPS for Q3 was $0.90–$1.02, up 20–21% year-over-year.
Operating cash flow for the nine months was $506 million, up 24% from prior year.
Net leverage ratio improved to 2.2x.
Outlook and guidance
FY25 revenue guidance revised to $7.75–$7.85 billion, down from $7.9–$8.1 billion, due to delays in award pace and bid resolutions amid the U.S. government shutdown.
Adjusted EBITDA and Adjusted EPS guidance unchanged at $960–$980 million and $3.78–$3.88, respectively.
Operating cash flow guidance maintained at $500–$550 million.
Guidance assumes U.S. government shutdown resolves in November; minimal revenue impact expected if resolved.
The planned MTS spin-off is expected to be tax-free and is subject to regulatory and board approvals.
US govt shutdown impact on bid resolution?
MTS spin-off: expected strategic benefits?
Drivers of STS margin expansion?
Protest resolution timeline for $3B awards?
STS non-LNG growth drivers & Mura outlook?
Spin-off: MTS rebranding impact on valuation?
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Next KBR earnings date
Q4 202520 Feb, 2026
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
)
)
Frequently asked questions
KBR Inc provides engineering, construction, and technology services to the government, defense, and energy sectors. The company offers mission-critical solutions in logistics, systems integration, space exploration, and process engineering. It operates worldwide through a mix of service contracts and proprietary technologies. The company is headquartered in Houston, Texas, and its shares are listed on the NYSE.
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage