Babcock & Wilcox Enterprises, Inc. (BW)
Babcock & Wilcox Enterprises, Inc. brought in $985.9M of revenue over the twelve months to September 30, 2026, up 82.8% from a year earlier. Net income was $40.5M, a net margin of 4.1%. In fiscal 2025 capital spending exceeded operating cash flow by $85.7M. At September 30, 2026 it held $71.2M in cash. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on November 9, 2026.
Key facts about Babcock & Wilcox Enterprises, Inc.
- Net worth
- Babcock & Wilcox Enterprises, Inc. has a market value (market cap) of $647.3M at the latest share price, and shareholders' equity of $109.6M on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
- Revenue and profit
- In fiscal 2025 revenue was $587.7M (+1.1% year on year), with a net loss of $36.2M. Over the 12 months to September 30, 2026: revenue $985.9M, net income $40.5M.
- Cash flow
- In fiscal 2025 operations used $68.9M of cash.
- Latest report
- The latest periodic report (quarterly report, 10-Q) was filed with the SEC on November 9, 2026 and covers the period to September 30, 2026. Open on SEC EDGAR
- Next earnings report
- Babcock & Wilcox Enterprises, Inc.'s next report is expected around March 3, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
What Babcock & Wilcox Enterprises, Inc. does
Babcock & Wilcox Enterprises, Inc. is registered with the SEC under industry code SIC 3433 (Heating Equipment, Except Electric & Warm Air Furnaces). Its shares trade on NYSE under the ticker BW.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2025 | $587.7M | -$36.2M | -$0.48 | -$85.7M |
| 2024 | $581M | -$59.9M | -$0.82 | -$129.9M |
| 2023 | $587.4M | -$197.2M | -$2.38 | -$52.1M |
| 2022 | $609.4M | -$22.9M | -$0.43 | -$43.9M |
| 2021 | $710.9M | $30.9M | $0.26 | -$117.9M |
| 2020 | $566.3M | -$10.3M | -$0.21 | -$49M |
Earnings: every quarter and the next report date
Full financial statements: income, balance sheet and cash flow
Where BW ranks in Industrials
Latest SEC filings
What Babcock & Wilcox Enterprises, Inc. has filed recently, newest first. Each links to the original document on SEC EDGAR.
- November 9, 2026Quarterly report 10-Q · period to September 30, 2026Revenue rose 109% to $290.8M versus the same quarter last year; diluted EPS $0.02 versus $0.30.
- November 9, 2026
- November 5, 2026Other event 8-K
- September 8, 2026Other event 8-K
- August 14, 2026Passive stake (5% or more) SCHEDULE 13G
- August 13, 2026Delisting notice 25-NSE
- August 10, 2026Quarterly report 10-Q · period to June 30, 2026Revenue rose 130% to $319.7M versus the same quarter last year; diluted EPS $0.07 versus -$0.63.
- August 10, 2026
- July 29, 2026Passive stake (5% or more) SCHEDULE 13G
- July 13, 2026
Insider trades
What the people running Babcock & Wilcox Enterprises, Inc. did with its shares, from the Form 4 filings they must send the SEC within two business days.
Insiders bought $47.5K worth of shares on the open market in the last 90 days and sold none.
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| August 18, 2026 | Howe Alan BDirector | Gave as a giftindirect | 165,994 | - |
| August 18, 2026 | Howe Alan BDirector | Gave as a gift | 165,994 | - |
| August 13, 2026 | Moeller Philip DDirector | Bought | 5,000 | $47.5K |
| August 12, 2026 | Young Kenneth MChief Executive Officer, Director | Bought | 7,000 | $67.6K |
| August 7, 2026 | Frymyer Cameron MChief Financial Officer | Exercised options | 38,333 | $359.6K |
| August 7, 2026 | Frymyer Cameron MChief Financial Officer | Shares withheld for tax | 17,096 | $160.4K |
| August 7, 2026 | Young Kenneth MChief Executive Officer, Director | Exercised options | 50,000 | $469K |
| August 7, 2026 | Young Kenneth MChief Executive Officer, Director | Shares withheld for tax | 25,050 | $235K |
Who owns BW
Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.
5% holders
| Holder | Of class | Filed |
|---|---|---|
| B. Riley Securities, Inc.13D, may seek influence | 15.8% | April 2, 2025 |
| Hood River Capital Management LLC13G, passive | 9.58% | February 17, 2026 |
Largest institutional holders
Insiders
10 insiders reported holding 4,326,617 shares in total, about $18.8M at the last price.
| Holder | Shares |
|---|---|
| Young Kenneth MChief Executive Officer, Director | 1,982,021272,767 held indirectly |
| Bartoli Henry EDirector | 488,187 |
| Dziewisz John JGeneral Counsel & Secretary | 416,767 |
| Frymyer Cameron MChief Financial Officer | 373,081 |
| Moeller Philip DDirector | 240,809 |
| Howe Alan BDirector | 238,600238,600 held indirectly |
| Tato Joseph ADirector | 207,338 |
| Stahl Rebecca LDirector | 184,013 |
| Boness Naomi LouiseDirector | 142,780 |
| Akbari Dr. HomairaDirector | 53,021 |
Questions about BW
What does Babcock & Wilcox Enterprises, Inc. do?
Babcock & Wilcox Enterprises, Inc. is a company in the Industrials sector, listed on NYSE as BW. Its shares trade on NYSE under the ticker BW.
What is Babcock & Wilcox Enterprises, Inc.'s net worth?
Babcock & Wilcox Enterprises, Inc. has a market value (market cap) of $647.3M at the latest share price, and shareholders' equity of $109.6M on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Is Babcock & Wilcox Enterprises, Inc. profitable?
Yes. Over the twelve months to September 30, 2026 it reported net income of $40.5M on revenue of $985.9M, a net margin of 4.1%.
How much revenue does Babcock & Wilcox Enterprises, Inc. make?
Over the twelve months to September 30, 2026 Babcock & Wilcox Enterprises, Inc. reported revenue of $985.9M. That is 82.8% more than a year earlier.
When did Babcock & Wilcox Enterprises, Inc. last report?
Its most recent periodic report is the quarterly report (10-Q) filed on November 9, 2026. It covers the period to September 30, 2026.
When is Babcock & Wilcox Enterprises, Inc.'s next earnings report?
Babcock & Wilcox Enterprises, Inc.'s next report is expected around March 3, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
Similar companies
Compare BW with
Follow BW
Get an email when Babcock & Wilcox Enterprises, Inc. files with the SEC: results, executive changes, material agreements and annual reports.
Where the numbers come from
Financial figures are the values Babcock & Wilcox Enterprises, Inc. tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.