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Segments

By segment

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B&W$43.11M+58.2%

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:SellingGeneralAndAdministrativeExpense.

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
Revenues$214,414$148,598
Costs and expenses:
Cost of operations170,957120,831
Selling, general and administrative expenses44,37928,304
Research and development costs803348
Impairment of long-lived assets950
(Gain) loss on asset disposals, net(69)8
Total costs and expenses216,070150,441

ITEM 1. Condensed Consolidated Financial Statements

FAQ

What is Babcock & Wilcox Enterprises's SG&A?
Babcock & Wilcox Enterprises (BW) reported SG&A of $44.38M in Q1 2026.
How has Babcock & Wilcox Enterprises's SG&A changed year-over-year?
Babcock & Wilcox Enterprises's SG&A increased by 56.8% year-over-year, from $28.3M to $44.38M.
What is the long-term trend for Babcock & Wilcox Enterprises's SG&A?
Over 4 years (2021 to 2025), Babcock & Wilcox Enterprises's SG&A has grown at a -5.9% compound annual growth rate (CAGR), from $151.76M to $118.77M.
What does SG&A mean?
Combined selling expenses (sales force, marketing, distribution) and general & administrative costs (management, legal, accounting, facilities) — the broadest opex category.

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