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Babcock & Wilcox Enterprises (BW) guidance and outlook
Babcock & Wilcox Enterprises' 10-Q filed Nov 9, 2026 makes 7 forward-looking statements.
Guidance and outlook
Forward-looking statements, 10-Q filed Nov 9, 2026
- In certain jurisdictions where we anticipate a loss for the year or incur a loss for the year-to-date period for which a tax benefit cannot be realized in accordance with ASC 740, we exclude the loss in that jurisdiction from the overall computation of the estimated annual effective tax rate.
- We generally include expected revenue from contracts in our backlog when we receive written confirmation from our customers authorizing the performance of work and committing our customers to pay for work performed.
- Of the backlog at September 30, 2026, we expect to recognize revenues as follows:
- We have no plans to repatriate these funds to the U.S.
- We had $36.9 million of restricted cash as of September 30, 2026 related to collateral for certain letters of credit as part of funding for several ongoing projects.
- Cash flows provided by investing activities were $172.4 million in the nine months ended September 30, 2025, primarily due to proceeds from the sale of our Vølund and Diamond Power businesses of $187.5 million, partially offset by purchases of fixed assets relating to BrightLoop ™ projects.
- For a summary of the critical accounting policies and estimates that we use in the preparation of our unaudited Condensed Consolidated Financial Statements, see "Critical Accounting Policies and Estimates" in our Annual Report on Form 10-K for the year ended December 31, 2025.
Babcock & Wilcox Enterprises' latest quarter
Babcock & Wilcox Enterprises, Q3 2026: revenue $291M (+109% year over year), operating margin 4.7%, net earnings $93.9M, operating cash flow −$131M. The chart follows the revenue to costs, profit and cash.
Questions
What does Babcock & Wilcox Enterprises expect?
In certain jurisdictions where we anticipate a loss for the year or incur a loss for the year-to-date period for which a tax benefit cannot be realized in accordance with ASC 740, we exclude the loss in that jurisdiction from the overall computation of the estimated annual effective tax rate. We generally include expected revenue from contracts in our backlog when we receive written confirmation from our customers authorizing the performance of work and committing our customers to pay for work performed. Of the backlog at September 30, 2026, we expect to recognize revenues as follows:
Updated Nov 9, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.