Babcock & Wilcox swings to FY26 Q2 profit of $14.26 million; revenue rises 130.25% to $319.72 million

Reuters2026/08/10 20:51

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Babcock Wilcox posted GAAP operating income of USD 11.77 million, up from USD 7.02 million in the quarter ended June 30, 2026.
GAAP revenue more than doubled to USD 319.72 million from USD 138.86 million, driven by higher large-project volume including USD 100.7 million from Base Electron.
GAAP results swung to profit of USD 14.26 million from a loss of USD 7.44 million; interest expense fell to USD 5.01 million from USD 10.99 million.
Backlog rose to USD 2.57 billion at June 30, 2026 from USD 405.6 million a year earlier; six-month bookings totaled USD 2.66 billion, including USD 2.4 billion tied to Base Electron.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Babcock Wilcox Enterprises Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001630805-26-000068), on August 10, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Babcock & Wilcox swings to FY26 Q2 profit of $14.26 million; revenue rises 130.25% to $319.72 million

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