Quarterly ResultAug 10, 2026, 04:33 PM
Babcock & Wilcox Q2 Revenue $319.7M, Net Income $14.3M, EPS $0.07
AI Summary
Babcock & Wilcox Enterprises reported strong second quarter 2026 financial results, significantly exceeding prior year performance and consensus expectations. Revenue surged 130% to $319.7 million, and the company swung to a net income of $14.3 million from a substantial loss. Adjusted EBITDA also saw a 57% increase, driven by strong demand for power generation solutions, particularly for AI data centers. The company also announced a $50 million share repurchase program, repurchased $61.8 million in bonds, and raised its full-year Adjusted EBITDA guidance.
Key Highlights
- Babcock & Wilcox Q2 2026 revenue was $319.7 million, a 130% increase year-over-year.
- The company reported Q2 2026 net income of $14.3 million, compared to a net loss of $58.5 million in Q2 2025.
- Q2 2026 earnings per share were $0.07, up from a loss per share of $0.63 in Q2 2025.
- Adjusted EBITDA for Q2 2026 increased 57% year-over-year to $21.8 million.
- Backlog grew 533% year-over-year to $2.6 billion, with bookings of $151.0 million.
- The company authorized a share repurchase program of up to $50 million.
- Babcock & Wilcox repurchased $61.8 million of outstanding bonds due December 2026.
- Full year 2026 Adjusted EBITDA guidance was raised to a range of $80.0 million to $105.0 million.
Price Impact
More from BW