Filing Flows › Babcock & Wilcox Enterprises (BW) › Q1 2026 › vs Q4 2025
Babcock & Wilcox Enterprises (BW) Q1 2026 vs Q4 2025 (quarter over quarter)
Babcock & Wilcox Enterprises's revenue rose $75.6M (+54%) from $139M in Q4 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 Q4 2025, the increases inside each band.
Margins
| Q1 2026 | Q4 2025 | Change | |
|---|---|---|---|
| Free cash flow margin | 5.0% | -5.2% | +10.1 pts |
Every line
| Line | Q1 2026 | Q4 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $214M | $139M | $75.6M | +54% |
| Net loss | $76.9M | −$9.2M | $86.2M | — |
| Costs & expenses | $291M | $144M | $148M | +103% |
| Operating costs | $216M | $133M | $83.1M | +63% |
| Interest & other, net | $71.1M | −$4.8M | $75.9M | — |
| Income tax | $4.2M | $1.4M | $2.7M | +195% |
| Cost of revenue | $171M | $106M | $65.1M | +61% |
| SG&A | $44.4M | $26.7M | $17.7M | +66% |
| Operating cash sources | $94.7M | −$12.2M | $107M | — |
| Depreciation & amortization | $2.5M | $2.4M | $118K | +5% |
| Share-based compensation | $13.2M | $0 | $13.2M | — |
| Working capital & other | $79.0M | −$14.6M | $93.6M | — |
| Net loss absorbed | $76.9M | −$9.2M | $86.2M | — |
| Operating cash flow | $17.8M | −$3.0M | $20.8M | — |
| Free cash flow (OCF − capex) | $10.7M | −$7.2M | $17.8M | — |
| Capital expenditures | $7.1M | $4.2M | $3.0M | +71% |
Questions
How much did Babcock & Wilcox Enterprises's revenue grow quarter over quarter in Q1 2026?
Babcock & Wilcox Enterprises's revenue rose $75.6M (+54%) from $139M in Q4 2025 to $214M in Q1 2026.