Filing Flows

Filing Flows › Babcock & Wilcox Enterprises (BW) › Q2 2026 › vs Q2 2025

Babcock & Wilcox Enterprises (BW) Q2 2026 vs Q2 2025 (year over year)

Babcock & Wilcox Enterprises's revenue rose $181M (+130%) from $139M in Q2 2025 to $320M in Q2 2026. Operating margin 3.7% against 5.1% (-1.4 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 Q2 2025, the increases inside each band.

Babcock & Wilcox Enterprises: what changed, Q2 2026 vs Q2 2025Babcock & Wilcox Enterprises: what changed, Q2 2026 vs Q2 2025Costs & expenses$176MCost of revenue$176MNet earnings$72.7MPre-tax earnings$67.6MOperating cash sources$65.9MWorking capital & other$65.9MOther income, net$62.9MCash used in operations−$7.9MIncome tax benefit$5.1MOperating profit$4.8M

Margins

Q2 2026Q2 2025Change
Operating margin3.7%5.1%-1.4 pts
Net margin4.5%-42.1%+46.6 pts

Every line

LineQ2 2026Q2 2025Change%
Revenue$320M$139M$181M+130%
Other income, net$1.4M−$61.5M$62.9M—
Operating profit$11.8M$7.0M$4.8M+68%
Costs & expenses$308M$132M$176M+134%
Pre-tax earnings$13.2M−$54.5M$67.6M—
Cost of revenue$273M$97.4M$176M+180%
SG&A$33.7M$33.3M$363K+1%
Other operating costs$1.2M$1.1M$65K+6%
Income tax benefit$1.1M−$4.0M$5.1M—
Net earnings$14.3M−$58.5M$72.7M—
Operating cash sources$35.8M−$30.1M$65.9M—
Depreciation & amortization$2.5M$2.3M$176K+8%
Share-based compensation$1.6M$728K$863K+119%
Cash used in operations$17.4M$25.3M−$7.9M-31%
Working capital & other$35.8M−$30.1M$65.9M—

Questions

How much did Babcock & Wilcox Enterprises's revenue grow year over year in Q2 2026?

Babcock & Wilcox Enterprises's revenue rose $181M (+130%) from $139M in Q2 2025 to $320M in Q2 2026. Operating margin 3.7% against 5.1% (-1.4 pts).

Q2 2026 results → · Compare in the interactive Sankey →