vs

Side-by-side financial comparison of Babcock & Wilcox Enterprises, Inc. (BW) and Stoke Therapeutics, Inc. (STOK). Click either name above to swap in a different company.

Stoke Therapeutics, Inc. is the larger business by last-quarter revenue ($158.6M vs $113.4M, roughly 1.4× Babcock & Wilcox Enterprises, Inc.). On growth, Stoke Therapeutics, Inc. posted the faster year-over-year revenue change (3661.1% vs 0.6%). Stoke Therapeutics, Inc. produced more free cash flow last quarter ($131.7M vs $-7.2M).

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.

Stoke Therapeutics, Inc. is a clinical-stage biotechnology company developing innovative RNA-targeted therapies for severe rare genetic diseases. Its lead candidates address unmet needs for Dravet syndrome, a rare epilepsy, and other neurological monogenic disorders, serving patients across North America and global markets.

BW vs STOK — Head-to-Head

Bigger by revenue
STOK
STOK
1.4× larger
STOK
$158.6M
$113.4M
BW
Growing faster (revenue YoY)
STOK
STOK
+3660.5% gap
STOK
3661.1%
0.6%
BW
More free cash flow
STOK
STOK
$138.8M more FCF
STOK
$131.7M
$-7.2M
BW

Income Statement — Q4 FY2025 vs Q1 FY2025

Metric
BW
BW
STOK
STOK
Revenue
$113.4M
$158.6M
Net Profit
$112.9M
Gross Margin
20.6%
Operating Margin
0.2%
70.2%
Net Margin
71.2%
Revenue YoY
0.6%
3661.1%
Net Profit YoY
528.0%
EPS (diluted)
$0.11
$1.90

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
BW
BW
STOK
STOK
Q4 25
$113.4M
Q3 25
$149.0M
Q2 25
$144.1M
Q1 25
$181.2M
$158.6M
Q4 24
$112.7M
$22.6M
Q3 24
$152.6M
Q2 24
$151.4M
Q1 24
$164.3M
Net Profit
BW
BW
STOK
STOK
Q4 25
Q3 25
$35.1M
Q2 25
$-58.5M
Q1 25
$-22.0M
$112.9M
Q4 24
$-63.1M
$-10.5M
Q3 24
$-5.3M
Q2 24
$25.4M
Q1 24
$-16.8M
Gross Margin
BW
BW
STOK
STOK
Q4 25
20.6%
Q3 25
24.9%
Q2 25
30.0%
Q1 25
22.1%
Q4 24
16.7%
Q3 24
23.7%
Q2 24
21.8%
Q1 24
23.6%
Operating Margin
BW
BW
STOK
STOK
Q4 25
0.2%
Q3 25
4.4%
Q2 25
5.6%
Q1 25
3.2%
70.2%
Q4 24
-8.1%
-60.4%
Q3 24
1.0%
Q2 24
-2.9%
Q1 24
3.5%
Net Margin
BW
BW
STOK
STOK
Q4 25
Q3 25
23.5%
Q2 25
-40.6%
Q1 25
-12.1%
71.2%
Q4 24
-56.0%
-46.4%
Q3 24
-3.5%
Q2 24
16.8%
Q1 24
-10.2%
EPS (diluted)
BW
BW
STOK
STOK
Q4 25
$0.11
Q3 25
$0.30
Q2 25
$-0.63
Q1 25
$-0.26
$1.90
Q4 24
$-0.73
$-0.15
Q3 24
$-0.10
Q2 24
$0.24
Q1 24
$-0.23

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BW
BW
STOK
STOK
Cash + ST InvestmentsLiquidity on hand
$89.5M
$274.8M
Total DebtLower is stronger
Stockholders' EquityBook value
$-131.5M
$350.1M
Total Assets
$662.9M
$406.9M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BW
BW
STOK
STOK
Q4 25
$89.5M
Q3 25
$25.2M
Q2 25
$23.4M
Q1 25
$23.5M
$274.8M
Q4 24
$26.9M
$128.0M
Q3 24
$30.6M
Q2 24
$95.5M
Q1 24
$43.9M
Stockholders' Equity
BW
BW
STOK
STOK
Q4 25
$-131.5M
Q3 25
$-232.2M
Q2 25
$-309.2M
Q1 25
$-303.0M
$350.1M
Q4 24
$-283.8M
$229.0M
Q3 24
$-203.7M
Q2 24
$-198.9M
Q1 24
$-223.0M
Total Assets
BW
BW
STOK
STOK
Q4 25
$662.9M
Q3 25
$657.9M
Q2 25
$703.5M
Q1 25
$719.7M
$406.9M
Q4 24
$727.0M
$271.6M
Q3 24
$804.6M
Q2 24
$849.1M
Q1 24
$795.5M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BW
BW
STOK
STOK
Operating Cash FlowLast quarter
$-3.0M
$131.8M
Free Cash FlowOCF − Capex
$-7.2M
$131.7M
FCF MarginFCF / Revenue
-6.3%
83.0%
Capex IntensityCapex / Revenue
3.7%
0.1%
Cash ConversionOCF / Net Profit
1.17×
TTM Free Cash FlowTrailing 4 quarters
$-85.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BW
BW
STOK
STOK
Q4 25
$-3.0M
Q3 25
$-32.1M
Q2 25
$-25.3M
Q1 25
$-8.5M
$131.8M
Q4 24
$-22.5M
$-23.2M
Q3 24
$-69.5M
Q2 24
$-11.8M
Q1 24
$-14.9M
Free Cash Flow
BW
BW
STOK
STOK
Q4 25
$-7.2M
Q3 25
$-37.6M
Q2 25
$-28.1M
Q1 25
$-12.8M
$131.7M
Q4 24
$-23.6M
$-23.2M
Q3 24
$-71.6M
Q2 24
$-16.4M
Q1 24
$-18.3M
FCF Margin
BW
BW
STOK
STOK
Q4 25
-6.3%
Q3 25
-25.3%
Q2 25
-19.5%
Q1 25
-7.1%
83.0%
Q4 24
-20.9%
-102.7%
Q3 24
-46.9%
Q2 24
-10.8%
Q1 24
-11.2%
Capex Intensity
BW
BW
STOK
STOK
Q4 25
3.7%
Q3 25
3.7%
Q2 25
1.9%
Q1 25
2.4%
0.1%
Q4 24
1.0%
0.2%
Q3 24
1.4%
Q2 24
3.0%
Q1 24
2.1%
Cash Conversion
BW
BW
STOK
STOK
Q4 25
Q3 25
-0.92×
Q2 25
Q1 25
1.17×
Q4 24
Q3 24
Q2 24
-0.46×
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

BW
BW

Construction$98.8M87%
Other$14.6M13%

STOK
STOK

Segment breakdown not available.

Related Comparisons