Filing Flows › Babcock & Wilcox Enterprises (BW) › Q1 2025
Babcock & Wilcox Enterprises (BW) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 12, 2025
Babcock & Wilcox Enterprises (BW) reported revenue of $181M for the first quarter 2025 (Q1 2025), +10% from a year earlier and +173% from the quarter before. Operating margin was 3.2%, net loss $22.0M (12.1% of revenue).
Babcock & Wilcox Enterprises, Q1 2025: revenue $181M (+10% year over year), operating margin 3.2%, net loss $22.0M, operating cash flow −$8.5M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $181M | +173% | +10% |
| Operating profit | $5.8M | — | — |
| Net earnings | −$22.0M | — | — |
| Operating cash flow | −$8.5M | — | — |
What changed
Revenue was $181.2M in Q1 2025, up 10% year over year and up 173% from the previous quarter.
Operating profit was $5.8M, a 3.2% margin (down 0.3 points year over year). Of the extra revenue versus a year earlier, 1% reached operating profit, below the 3% margin then. Total costs grew 11% against revenue growth of 10%. The fastest-growing cost line was Other operating costs (+82%). The quarter ended with a net loss of $22.0M, narrower than the previous quarter's $63.0M loss. Net interest and other expense of $25.5M was the main reason.
Operating cash flow was −$8.5M. Non-cash charges added back $2.5M of depreciation and amortization and $760K of share-based compensation. Working capital and other items added $10.3M. Capital expenditures of $4.3M exceeded it, leaving free cash flow of −$12.8M.
Questions
What was Babcock & Wilcox Enterprises' revenue in the first quarter 2025?
Babcock & Wilcox Enterprises (BW) reported revenue of $181M for the first quarter 2025 (Q1 2025), +10% from a year earlier and +173% from the quarter before.
Was Babcock & Wilcox Enterprises profitable in the first quarter 2025?
Operating profit was $5.8M (3.2% of revenue) and net loss $22.0M.