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
$181.2M
Gross Profit
$40.1M
Operating Profit
$5.8M
Net Profit
$-22.0M
Gross Margin
22.1%
Operating Margin
3.2%
Net Margin
-12.1%
YoY Growth
10.3%
EPS
$-0.26
Financial Flow
Babcock & Wilcox Enterprises, Inc. Q1 2025 Financial Summary
Babcock & Wilcox Enterprises, Inc. reported revenue of $181.2M (up 10.3% YoY) for Q1 2025, with a net profit of $-22.0M (down 30.7% YoY) (-12.1% margin). Cost of goods sold was $141.1M, operating expenses totaled $34.2M.
Key Financial Metrics
| Total Revenue | $181.2M |
|---|---|
| Net Profit | $-22.0M |
| Gross Margin | 22.1% |
| Operating Margin | 3.2% |
| Report Period | Q1 2025 |
Revenue Breakdown
Babcock & Wilcox Enterprises, Inc. Q1 2025 revenue of $181.2M breaks down across 5 segments, led by BW Thermal Segment at $138.2M (76.3% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| BW Thermal Segment | $138.2M | 76.3% |
| Parts | $20.6M | 11.4% |
| BW Environmental Segment | $14.4M | 8.0% |
| Projects | $6.1M | 3.3% |
| Construction | $1.9M | 1.0% |
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 Thermal Segment and Parts) has evolved quarter over quarter.
| Segment | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
|---|---|---|---|---|
| BW Thermal Segment | — | — | $104.3M | $138.2M |
| Parts | — | $55.7M | — | $20.6M |
| BW Environmental Segment | — | $15.5M | $20.8M | $14.4M |
| Projects | — | $37.6M | — | $6.1M |
| Construction | $98.8M | $25.0M | — | $1.9M |
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 |