Babcock & Wilcox Enterprises, Inc.
BW- Exchange
- NYSE
- Industry
- Heating Equipment, Except Electric & Warm Air Furnaces
- SEC CIK
- 0001630805
In the last 90 days, Babcock & Wilcox Enterprises, Inc. insiders filed 5 open-market purchases and 0 sales; 199 institutions reported holding it in 13F filings for Q2 2026, worth $1.85B in total; no superinvestor holds it.
Other share classesBW.PA
- Currency
- USD
- Source
- SEC XBRL data (10-K, 10-Q, 20-F, 40-F)
- Updated
- Nov 10, 2026, 1:18 AM ET
Revenue flow, FY2025
Where the revenue went in FY2025, from the income statement below. Green is profit; orange is costs, expenses and taxes. Percentages are shares of revenue; hover over a band or a bar for the exact amount.
Net loss for FY2025: $36.2M (6.2% of revenue).
Income statement
Each column is one fiscal year, newest first.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Mar 4, 2026 | Mar 31, 2025 | Mar 14, 2024 | Mar 15, 2023 | Mar 8, 2022 |
| Revenue | $587.7M | $717.3M | $999.4M | $889.8M | $723.4M |
| Cost of revenue | $443.8M | $540.3M | $775.3M | $704.2M | $543.8M |
| Research and development | – | – | – | $3.80M | $1.60M |
| Selling, general and administrative | $119.5M | $141.5M | $190.5M | $178.5M | $154.9M |
| Operating income | $20.7M | $25.1M | $19.9M | -$4.18M | $20.8M |
| Interest expense | $4.50M | $46.1M | $49.9M | $45.0M | $39.4M |
| Income tax | $8.28M | $12.2M | $8.48M | $11.1M | -$2.22M |
| Net income | -$36.2M | -$59.9M | -$197.2M | -$22.9M | $30.9M |
| EPS, basic | $-0.48 | $-0.82 | $-2.38 | $-0.43 | $0.26 |
| EPS, diluted | $-0.48 | $-0.82 | $-2.38 | $-0.43 | $0.26 |
| Weighted shares, basic | 105.4M | 91.7M | 89.0M | 88.3M | 82.4M |
| Weighted shares, diluted | 105.4M | 91.7M | 89.0M | 88.3M | 83.6M |
| Margins and growth | |||||
| Operating margin | 3.5% | 3.5% | 2.0% | -0.5% | 2.9% |
| Net margin | -6.2% | -8.4% | -19.7% | -2.6% | 4.3% |
| Revenue growth, year over year | −18.1% | −28.2% | +12.3% | +23.0% | +27.7% |
| Net income growth, year over year | – | – | – | −174.0% | – |
Balance sheet
Each column is one fiscal year, newest first.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Mar 4, 2026 | Mar 31, 2025 | Mar 14, 2024 | Mar 15, 2023 | Mar 8, 2022 |
| Cash and equivalents | $89.5M | $26.9M | $65.3M | $76.7M | $224.9M |
| Accounts receivable | $118.4M | $112.7M | $144.0M | $162.5M | $132.1M |
| Inventory | $60.9M | $108.9M | $113.9M | $102.6M | $79.5M |
| Total current assets | $470.7M | $490.2M | $497.6M | $557.6M | $582.4M |
| Property, plant and equipment | $43.9M | $45.0M | $56.0M | $62.0M | $57.1M |
| Goodwill | $53.1M | $82.1M | $102.0M | $157.0M | $116.5M |
| Intangible assets | $15.3M | $19.1M | $45.6M | $60.3M | $43.8M |
| Total assets | $662.9M | $727.0M | $775.7M | $942.7M | $913.3M |
| Accounts payable | $69.2M | $101.0M | $127.5M | $139.2M | $85.9M |
| Total current liabilities | $386.7M | $388.5M | $350.2M | $372.0M | $253.4M |
| Total liabilities | $794.5M | $1.01B | $976.0M | $944.7M | $854.6M |
| Shareholders' equity | -$131.5M | -$283.2M | -$200.3M | -$2.09M | $58.6M |
Cash flow statement
Each column is one fiscal year, newest first. Free cash flow is operating cash flow minus capital expenditures.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Mar 4, 2026 | Mar 31, 2025 | Mar 14, 2024 | Mar 15, 2023 | Mar 8, 2022 |
| Operating cash flow | -$68.9M | -$118.7M | -$42.3M | -$30.6M | -$111.2M |
| Capital expenditures | $16.8M | $11.2M | $9.80M | $13.2M | $6.68M |
| Free cash flow | -$85.7M | -$129.9M | -$52.1M | -$43.9M | -$117.9M |
| Depreciation and amortization | $10.1M | $16.7M | $21.0M | $24.0M | $18.3M |
| Share buybacks | $386.0K | $336.0K | $1.41M | $2.82M | $4.94M |
| Investing cash flow | $197.0M | $110.0M | -$7.94M | -$68.8M | -$33.5M |
| Financing cash flow | -$58.7M | $69.7M | $8.56M | -$11.2M | $302.8M |
| Net change in cash | $70.3M | $59.7M | -$42.1M | -$113.3M | $159.3M |
Shares outstanding
Common shares outstanding as stated on the cover of each 10-K and 10-Q. The date is the cover date, not the period end; a rising count means dilution.
| Cover date | Shares outstanding | Change in a year | Filing |
|---|---|---|---|
| Nov 3, 2026 | 145.4M | +30.9% | SEC |
| Aug 4, 2026 | 149.0M | +47.3% | SEC |
| May 6, 2026 | 136.2M | +38.4% | SEC |
| Mar 9, 2026 | 135.3M | +37.4% | SEC |
| Nov 4, 2025 | 111.1M | +17.8% | SEC |
| Aug 5, 2025 | 101.1M | +9.7% | SEC |
| May 5, 2025 | 98.4M | +8.1% | SEC |
| Mar 10, 2025 | 98.4M | +10.0% | SEC |
Notes and known gaps
How these numbers are put together, and what they can't tell you.
- Numbers come from the XBRL data in each period's original 10-K, 10-Q, 20-F or 40-F, or its amendment. They are shown as filed: later filings don't restate earlier periods here.
- Reported is the filing date of the first 8-K with Item 2.02 (results of operations) after the period ended, no later than the 10-Q or 10-K and within 120 days. Companies that release results only in the 10-Q, and foreign companies, which use Form 6-K, have none.
Known gaps
- Foreign companies that file Form 20-F or 40-F have annual statements only: their quarterly results are furnished on Form 6-K, which has no XBRL data.
- EPS and share counts are as reported at the time, not adjusted for later stock splits.
- For ADRs, EPS is per ordinary share, not per ADS (one TSMC ADS is five ordinary shares).
- For banks, revenue may be interest income only, depending on how the bank tags its filings; cost of revenue and gross profit are usually blank.
- Companies with several share classes, such as Berkshire Hathaway, may have no EPS and no cover share count.
- Depreciation and amortization is missing for some companies that report it under their own XBRL tags.