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Projects
$83.42M+88.4%
Construction
$64.8M+50.4%

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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:RevenueFromContractWithCustomerExcludingAssessedTax.

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
B&W
Parts$66,198$61,230
Projects83,41544,276
Construction64,80143,092
Total Revenue$214,414$148,598

ITEM 1. Condensed Consolidated Financial Statements

FAQ

What is Babcock & Wilcox Enterprises's parts — revenue?
Babcock & Wilcox Enterprises (BW) reported parts — revenue of $66.2M in Q1 2026.
How has Babcock & Wilcox Enterprises's parts — revenue changed year-over-year?
Babcock & Wilcox Enterprises's parts — revenue increased by 8.1% year-over-year, from $61.23M to $66.2M.
What is the long-term trend for Babcock & Wilcox Enterprises's parts — revenue?
Over 2 years (2023 to 2025), Babcock & Wilcox Enterprises's parts — revenue has grown at a 7.8% compound annual growth rate (CAGR), from $202.7M to $235.68M.
What does parts — revenue mean?
This metric represents the total gross revenue generated from the sale of replacement parts, components, and aftermarket consumables within the company's service and maintenance operations. It serves as a key indicator of the installed base's activity level and the recurring demand for maintenance support across power generation and industrial facilities. Growth in this area typically reflects strong customer retention and the ongoing operational intensity of the equipment previously deployed by the company.

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