Filing Flows › Babcock & Wilcox Enterprises (BW) › Q1 2026 › vs Q1 2025
Babcock & Wilcox Enterprises (BW) Q1 2026 vs Q1 2025 (year over year)
Babcock & Wilcox Enterprises's revenue rose $65.8M (+44%) from $149M in Q1 2025 to $214M in Q1 2026.
Babcock & Wilcox Enterprises, Q1 2026: revenue $214M (+44% year over year), operating margin -0.8%, net loss $76.9M, operating cash flow $17.8M. The chart draws each line against Q1 2025, the increases inside each band.
Margins
| Q1 2026 | Q1 2025 | Change | |
|---|---|---|---|
| Free cash flow margin | 5.0% | -8.6% | +13.6 pts |
Every line
| Line | Q1 2026 | Q1 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $214M | $149M | $65.8M | +44% |
| Net loss | $76.9M | $22.0M | $55.0M | +250% |
| Costs & expenses | $291M | $171M | $121M | +71% |
| Operating costs | $216M | $150M | $65.6M | +44% |
| Interest & other, net | $71.1M | $18.2M | $52.9M | +290% |
| Income tax | $4.2M | $1.9M | $2.2M | +116% |
| Cost of revenue | $171M | $121M | $50.1M | +41% |
| SG&A | $44.4M | $28.3M | $16.1M | +57% |
| Other operating costs | $734K | $1.3M | −$572K | -44% |
| Operating cash sources | $94.7M | $13.5M | $81.2M | +601% |
| Depreciation & amortization | $2.5M | $2.5M | $25K | +1% |
| Share-based compensation | $13.2M | $760K | $12.5M | 17× |
| Working capital & other | $79.0M | $10.3M | $68.7M | +669% |
| Net loss absorbed | $76.9M | $22.0M | $55.0M | +250% |
| Operating cash flow | $17.8M | −$8.5M | $26.3M | — |
| Free cash flow (OCF − capex) | $10.7M | −$12.8M | $23.5M | — |
| Capital expenditures | $7.1M | $4.3M | $2.8M | +65% |
Questions
How much did Babcock & Wilcox Enterprises's revenue grow year over year in Q1 2026?
Babcock & Wilcox Enterprises's revenue rose $65.8M (+44%) from $149M in Q1 2025 to $214M in Q1 2026.