Babcock & Wilcox Enterprises, Inc.BWEarnings & Financial Report
Babcock & Wilcox Enterprises, Inc. is an American energy technology and service provider that is active and has operations in many international markets with its headquarters in Akron, Ohio. Historically, the company is best known for their steam boilers.
Revenue
$152.6M
Gross Profit
$36.1M
Operating Profit
$1.6M
Net Profit
$-5.3M
Gross Margin
23.7%
Operating Margin
1.0%
Net Margin
-3.5%
YoY Growth
-36.2%
EPS
$-0.10
Financial Flow
Babcock & Wilcox Enterprises, Inc. Q3 2024 Financial Summary
Babcock & Wilcox Enterprises, Inc. reported revenue of $152.6M (down 36.2% YoY) for Q3 2024, with a net profit of $-5.3M (up 95.4% YoY) (-3.5% margin). Cost of goods sold was $116.5M, operating expenses totaled $34.5M.
Key Financial Metrics
| Total Revenue | $152.6M |
|---|---|
| Net Profit | $-5.3M |
| Gross Margin | 23.7% |
| Operating Margin | 1.0% |
| Report Period | Q3 2024 |
Revenue Breakdown
Babcock & Wilcox Enterprises, Inc. Q3 2024 revenue of $152.6M breaks down across 6 segments, led by BW Environmental Segment at $56.6M (37.1% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| BW Environmental Segment | $56.6M | 37.1% |
| BW Environmental | $32.6M | 21.3% |
| BW Renewable | $27.3M | 17.9% |
| SPIG | $19.8M | 13.0% |
| Volund | $10.9M | 7.1% |
| Transferred Over Time | $3.8M | 2.5% |
Babcock & Wilcox Enterprises, Inc. Revenue by Segment — Quarterly Trend
Babcock & Wilcox Enterprises, Inc. revenue by segment across the last 4 reported quarters, showing how each business line (such as BW Environmental Segment and BW Environmental) has evolved quarter over quarter.
| Segment | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
|---|---|---|---|---|
| BW Environmental Segment | — | $15.5M | $20.8M | $14.4M |
Babcock & Wilcox Enterprises, Inc. Annual Revenue by Year
Babcock & Wilcox Enterprises, Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $587.7M).
| Year | Annual Revenue |
|---|---|
| 2025 | $587.7M |
| 2024 | $581.0M |
Babcock & Wilcox Enterprises, Inc. Quarterly Revenue & Net Profit History
Babcock & Wilcox Enterprises, Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 2025 | $113.4M | +0.6% | N/A | N/A |
| Q3 2025 | $149.0M | -2.4% | $35.1M | 23.5% |
| Q2 2025 | $144.1M | -4.9% | $-58.5M | -40.6% |
| Q1 2025 | $181.2M | +10.3% | $-22.0M | -12.1% |
| Q4 2024 | $112.7M | +161.0% | $-63.1M | -56.0% |
| Q3 2024 | $152.6M | -36.2% | $-5.3M | -3.5% |
| Q2 2024 | $151.4M | -48.1% | $25.4M | 16.8% |
| Q1 2024 | $164.3M | -31.9% | $-16.8M | -10.2% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $164.3M | $151.4M | $152.6M | $112.7M | $181.2M | $144.1M | $149.0M | $113.4M |
| YoY Growth | -31.9% | -48.1% | -36.2% | 161.0% | 10.3% | -4.9% | -2.4% | 0.6% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $795.5M | $849.1M | $804.6M | $727.0M | $719.7M | $703.5M | $657.9M | $662.9M |
| Liabilities | $1.02B | $1.05B | $1.01B | $1.01B | $1.02B | $1.01B | $890.1M | $794.5M |
| Equity | $-223.0M | $-198.9M | $-203.7M | $-283.8M | $-303.0M | $-309.2M | $-232.2M | $-131.5M |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $-14.9M | $-11.8M | $-69.5M | $-22.5M | $-8.5M | $-25.3M | $-32.1M | $-3.0M |