FY2025 · ended Dec 31, 2025 · Revenue $587.68M, +1.1% YoY · Filed Mar 16, 2026
Babcock & Wilcox Enterprises, Inc (BW) files with the SEC under industry code 3433, Heating Equipment, Except Electric & Warm Air Furnaces. In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $587.7 million and a net loss of $36.2 million. Free cash flow was -$85.7 million. As of Jun 30, 2026 it held $315.7 million in cash and investments and $45.4 million in total debt.
Revenue (TTM)
$834.35M
+44.8% vs year-ago TTM
Net income (TTM)
$-18.35M
+87.7% vs year-ago TTM
Operating cash flow (TTM)
$-34.73M
+72.4% vs year-ago TTM
Free cash flow (TTM)
$-58.17M
+57.3% vs year-ago TTM
EPS (TTM)
$-0.27
+84.5% vs year-ago TTM
Dividend per share
None
Shares outstanding
135.26M
+37.4% vs prior year
Net cash
$270.29M
as of Jun 30, 2026
Operating margin
3.1%
FY 2026
Company profile
- Industry
- Heating Equipment, Except Electric & Warm Air Furnaces (SIC 3433)
- Listed as
- BW (NYSE), BW-PA (NYSE)
- Fiscal year ends
- December 31
- Incorporated in
- DE
- Headquarters
- Akron, OH
- SEC filer status
- Accelerated filer, Smaller reporting company
- SEC CIK
- 1630805
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2025 Dec 31, 2025 |
FY 2024 Dec 31, 2024 |
FY 2023 Dec 31, 2023 |
FY 2022 Dec 31, 2022 |
FY 2021 Dec 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $587.7M | $581.0M | $587.4M | $609.4M | $710.9M |
| Operating income | $20.7M | -$6.3M | -$20.1M | -$1.2M | $19.4M |
| Net income | -$36.2M | -$59.9M | -$197.2M | -$22.9M | $30.9M |
| Diluted EPS | -$0.48 | -$0.82 | -$2.38 | -$0.43 | $0.26 |
| Operating cash flow | -$68.9M | -$118.7M | -$42.3M | -$30.6M | -$111.2M |
| Free cash flow | -$85.7M | -$129.9M | -$52.1M | -$43.9M | -$117.9M |
| Total assets | $662.9M | $727.0M | $775.7M | $941.7M | $913.3M |
| Total liabilities | $794.5M | $1.0B | $976.0M | $943.8M | $854.6M |
| Stockholders' equity | -$131.5M | -$283.8M | -$201.0M | -$2.6M | $33.1M |
| Cash and investments | $96.6M | $33.6M | $72.4M | $85.5M | $237.1M |
| Total debt | $47.6M | $64.0M | $56.9M | $58.8M | $62.4M |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 8-K |
Current report
Other events
|
Sep 8, 2026 | Sep 8, 2026 |
| 10-Q | Quarterly report | Aug 10, 2026 | Jun 30, 2026 |
| 8-K |
Current report
Results of operations, Regulation FD disclosure
|
Aug 10, 2026 | Aug 10, 2026 |
| 8-K |
Current report
Regulation FD disclosure, Other events
|
Jul 13, 2026 | Jul 13, 2026 |
| 8-K |
Current report
Other events
|
Jun 8, 2026 | Jun 8, 2026 |
| 8-K |
Current report
Officer or director change, Shareholder vote results
|
May 22, 2026 | May 20, 2026 |
All 1000 Babcock & Wilcox Enterprises, Inc SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.