Business UpdateMay 11, 2026, 04:14 PM
Babcock & Wilcox LTM Revenue $653.5M; $14B Pipeline
AI Summary
Babcock & Wilcox Enterprises, Inc. posted an investor presentation highlighting its financial performance for the trailing twelve months ending March 31, 2026, with revenue of $653.5 million and an adjusted EBITDA of $55.8 million, alongside a net loss of $96.8 million. The company emphasized its strategic focus on capitalizing on significant growth opportunities, including a robust global pipeline of over $14 billion, driven by strong demand for baseload generation and AI data centers. Key initiatives include a 1.2 GW power project for an AI Factory and discussions for an additional 2 GW.
Key Highlights
- LTM March 2026 Revenue was $653.5 million.
- LTM March 2026 Adjusted EBITDA reached $55.8 million.
- Reported LTM March 2026 Net Loss from continuing operations was $96.8 million.
- Identified a robust global pipeline of over $14 billion in opportunities for the next 3 years.
- Executing a 1.2 GW power project for an AI Factory in North Dakota.
- In contract discussions to provide up to 2 GW of power for a new hyperscaler customer.
- Net Debt stood at $42.4 million as of March 31, 2026.
- Holds over 5,000 active patents, including 93 related to carbon capture.