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Babcock & Wilcox Enterprises BW B&W — Net Interest Expense

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Other financials

Income statement

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Revenue$214.4M+44.3%
Gross profit$43.5M+56.5%
Operating income-$1.7M+10.1%
Net income-$76.9M-250%
EPS (diluted)-$0.60-131%

Balance sheet

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Cash & equivalents$194.8M+64.3%
Total debt$46.1M-26.4%
Total equity-$172.1M+43.2%
Total assets$757.8M+5.3%

Cash flow

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Operating cash flow$17.8M+310%
CapEx$7.1M+64.7%
Free cash flow$10.7M+183%

Valuation

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Market cap$1.4B+1,073%
Enterprise value$1.25B+2,220%
P/S2.2×+2.0×

Profitability

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Gross margin24.3%+3.1pp
Operating margin2.9%+2.2pp
Net margin-18.8%
FCF margin-9.6%-3.4pp

Returns & leverage

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Return on equity-266.6%
Debt / equity8.5×
Current ratio0.0×

Where this comes from

Reported directly by Babcock & Wilcox Enterprises in its filing.

Tagged under the XBRL concept us-gaap:InterestExpenseNonoperating.

The source filing: Babcock & Wilcox Enterprises’s 10-Q, filed May 11, 2026.

Filed
May 11, 2026, 6:12 AM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001630805-26-000030
(in thousands)Three Months Ended March 31, 2026Three Months Ended March 31, 2025
Cost of operations (1)169,724119,576
Selling, general and administrative expenses (1)43,11127,244
Depreciation and amortization (2)2,5012,315
Interest expense, net3,80810,802
Benefit plans, net(429)779
Change in fair value of customer warrants70,242
Other expense, net (3)9251,592
Income tax expense4,1541,922

ITEM 1. Condensed Consolidated Financial Statements

FAQ

What is Babcock & Wilcox Enterprises's B&W — net interest expense?
Babcock & Wilcox Enterprises (BW) reported B&W — net interest expense of $3.81M in Q1 2026.
How has Babcock & Wilcox Enterprises's B&W — net interest expense changed year-over-year?
Babcock & Wilcox Enterprises's B&W — net interest expense decreased by 64.7% year-over-year, from $10.8M to $3.81M.
What does B&W — net interest expense mean?
Represents the net cost of debt financing allocated to the segment, calculated as interest incurred on borrowings minus interest income earned. This metric highlights the segment's reliance on external capital and the impact of its debt structure on overall profitability.

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