Filing Flows › Babcock & Wilcox Enterprises (BW) › Q2 2026 › vs Q1 2026
Babcock & Wilcox Enterprises (BW) Q2 2026 vs Q1 2026 (quarter over quarter)
Babcock & Wilcox Enterprises's revenue rose $105M (+49%) from $214M in Q1 2026 to $320M in Q2 2026. Operating margin 3.7% against -0.8% (+4.5 pts).
Babcock & Wilcox Enterprises, Q2 2026: revenue $320M (+130% year over year), operating margin 3.7%, net earnings $14.3M, operating cash flow −$17.4M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Operating margin | 3.7% | -0.8% | +4.5 pts |
| Net margin | 4.5% | -35.9% | +40.3 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $320M | $214M | $105M | +49% |
| Other income, net | $1.4M | −$71.1M | $72.5M | — |
| Operating profit | $11.8M | −$1.7M | $13.4M | — |
| Costs & expenses | $308M | $216M | $91.9M | +43% |
| Pre-tax earnings | $13.2M | −$72.8M | $86.0M | — |
| Cost of revenue | $273M | $171M | $102M | +60% |
| SG&A | $33.7M | $44.4M | −$10.7M | -24% |
| Other operating costs | $1.2M | $734K | $438K | +60% |
| Income tax benefit | $1.1M | −$4.2M | $5.2M | — |
| Net earnings | $14.3M | −$76.9M | $91.2M | — |
| Operating cash sources | $35.8M | −$79.0M | $115M | — |
| Depreciation & amortization | $2.5M | $2.5M | $6K | +0.2% |
| Share-based compensation | $1.6M | $13.2M | −$11.6M | -88% |
| Cash used in operations | $17.4M | −$17.8M | $35.2M | — |
| Working capital & other | $35.8M | −$79.0M | $115M | — |
Questions
How much did Babcock & Wilcox Enterprises's revenue grow quarter over quarter in Q2 2026?
Babcock & Wilcox Enterprises's revenue rose $105M (+49%) from $214M in Q1 2026 to $320M in Q2 2026. Operating margin 3.7% against -0.8% (+4.5 pts).