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Other financials

Income statement

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Revenue$214.4M+44.3%
Gross profit$43.5M+56.5%
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:OperatingIncomeLoss.

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, except per share amounts)Three Months Ended March 31, 2026Three Months Ended March 31, 2025
Impairment of long-lived assets950
(Gain) loss on asset disposals, net(69)8
Total costs and expenses216,070150,441
Operating loss(1,656)(1,843)
Other (expense) income:
Interest expense(4,448)(11,042)
Interest income640240
Loss on debt extinguishment(28)

ITEM 1. Condensed Consolidated Financial Statements

FAQ

What is Babcock & Wilcox Enterprises's operating income?
Babcock & Wilcox Enterprises (BW) reported operating income of -$1.66M in Q1 2026.
How has Babcock & Wilcox Enterprises's operating income changed year-over-year?
Babcock & Wilcox Enterprises's operating income increased by 10.1% year-over-year, from -$1.84M to -$1.66M.
What is the long-term trend for Babcock & Wilcox Enterprises's operating income?
Over 3 years (2021 to 2025), Babcock & Wilcox Enterprises's operating income has grown at a -1.3% compound annual growth rate (CAGR), from $19.42M to $18.66M.
What does operating income mean?
Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.

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