Jun 2026 (Q2 FY26) — Aug 10, 2026
Babcock & Wilcox Enterprises Q2 FY26 — Strong Financials and Data Center Momentum
Read the full callBabcock & Wilcox Enterprises earnings: last reported Mon, 10 Aug 2026, for the quarter ended Jun 2026.
Reported
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 320 | +130.3% YoY | Quarterly, as filed | Quarter to Jun 2026 | Revenue from operations as filed. |
| Operating margin | 3.7 | −1.4 pts YoY | Operating profit / revenue | Quarter to Jun 2026 | For the quarter; a change is in percentage points. |
| Net profit | 14.3 | Quarterly, as filed | Quarter to Jun 2026 | Profit after tax as filed. The year-earlier figure was zero or a loss, so no percentage is shown. |
Price
1Y: $3.36 on 17 Oct 2025 → $4.56. High $21.85 (15 May 2026), low $3.16 (28 Oct 2025).
Overview
Call summaries
Babcock & Wilcox Enterprises Q2 FY26 — Strong Financials and Data Center Momentum
Read the full callEvery analysed call
Financials
Net profit, year on year: +124% (quarter to jun 2026 against jun 2025).
| Line item | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 153 | 66 | 149 | 139 | 149 | — | 214 | 320 |
| Expenses | 151 | 86 | 150 | 132 | 143 | — | 216 | 308 |
| Operating profit | 2 | -20 | -2 | 7 | 7 | — | -2 | 12 |
| Operating margin | 1.0% | −30.1% | −1.2% | 5.0% | 4.4% | — | −0.8% | 3.7% |
| Other income | -10 | -45 | -12 | -10 | -8 | — | -74 | 1 |
| Interest | 10 | 12 | 11 | 11 | 9 | 7 | 4 | 5 |
| Profit before tax | -8 | -65 | -14 | -3 | -1 | — | -75 | 13 |
| Tax rate | 6.0% | −9.2% | −14.0% | −117.9% | −78.2% | — | −5.5% | −8.2% |
| Net profit | -5 | -63 | -22 | -58 | 35 | 9 | -77 | 14 |
| EPS ($ per share) | -0.10 | — | -0.26 | -0.63 | 0.30 | — | -0.60 | 0.07 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Equity capital | 2 | 5 | 5 | 5 | 5 | 5 | 5 | 6 |
| Reserves | -1,218 | -1,340 | -1,343 | -1,321 | -1,359 | -1,571 | -1,646 | -1,697 |
| Total liabilities | 1,023 | 921 | 930 | 855 | 944 | 976 | 1,010 | 794 |
| Fixed assets | 91 | 67 | 57 | 57 | 61 | 47 | 36 | 44 |
| Total assets | 745 | 627 | 599 | 913 | 942 | 776 | 727 | 663 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | -282 | -176 | -41 | -111 | -31 | -42 | -119 | -69 |
| Cash from investing | 179 | 9 | 2 | -34 | -69 | -8 | 110 | 197 |
| Cash from financing | 83 | 167 | 44 | 303 | -11 | 9 | 70 | -59 |
| Net cash flow | -9 | -3 | 10 | 159 | -113 | -42 | 60 | 70 |
| Capital expenditure | -5 | -4 | -8 | -7 | -13 | -10 | -11 | -17 |
| Free cash flow | -287 | -180 | -49 | -118 | -44 | -52 | -130 | -86 |
50 filings between Nov 12, 2025 and Aug 18, 2026.
Purchases
$282.8K
7 purchases by 3 insiders
Sales
$10.40M
1 sale by 1 insider
Also filed: 5 dispositions to the issuer, 2 gifts.
| Insider | Bought | Sold | Last filing |
|---|---|---|---|
| BRC Group Holdings, Inc. | — | $10.40M | Feb 11, 2026 |
| Young Kenneth M | $196.3K | — | Aug 12, 2026 |
| Moeller Philip D | $47.5K | — | Aug 13, 2026 |
| Frymyer Cameron M | $39.1K | — | Mar 18, 2026 |
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| Aug 18, 2026 | Howe Alan B Director | Gift | 165,994 | $0 |
| Aug 18, 2026 | Howe Alan B Director | Gift | 165,994 | $0 |
| Aug 13, 2026 | Moeller Philip D Director | Purchase | 5,000 | $47.5K |
| Aug 12, 2026 | Young Kenneth M Chief Executive Officer | Purchase | 7,000 | $67.5K |
| Aug 7, 2026 | Frymyer Cameron M Chief Financial Officer | Tax withheld | 17,096 | $160.4K |
| Aug 7, 2026 | Young Kenneth M Chief Executive Officer | Tax withheld | 25,050 | $235.0K |
| Aug 7, 2026 | Frymyer Cameron M Chief Financial Officer | Option exercise | 38,333 | $359.6K |
| Aug 7, 2026 | Young Kenneth M Chief Executive Officer | Option exercise | 50,000 | $469.0K |
| Aug 5, 2026 | Young Kenneth M Chief Executive Officer | Tax withheld | 20,875 | $211.7K |
| Aug 5, 2026 | Young Kenneth M Chief Executive Officer | Option exercise | 41,667 | $422.5K |
| Aug 5, 2026 | Frymyer Cameron M Chief Financial Officer | Option exercise | 33,333 | $338.0K |
| Aug 5, 2026 | Frymyer Cameron M Chief Financial Officer | Tax withheld | 14,866 | $150.7K |
| Aug 4, 2026 | Frymyer Cameron M Chief Financial Officer | Option exercise | 16,667 | $158.7K |
| Aug 4, 2026 | Frymyer Cameron M Chief Financial Officer | Tax withheld | 7,433 | $70.8K |
| May 29, 2026 | Dziewisz John J General Counsel & Secretary | Tax withheld | 22,050 | $422.9K |
| May 29, 2026 | Dziewisz John J General Counsel & Secretary | Option exercise | 115,000 | $2.21M |
| May 29, 2026 | Dziewisz John J General Counsel & Secretary | Tax withheld | 50,715 | $972.7K |
| May 29, 2026 | Dziewisz John J General Counsel & Secretary | Option exercise | 53,334 | $1.02M |
| May 29, 2026 | Dziewisz John J General Counsel & Secretary | Tax withheld | 23,520 | $451.1K |
| May 29, 2026 | Dziewisz John J General Counsel & Secretary | Option exercise | 50,000 | $959.0K |
| May 15, 2026 | Tato Joseph A Director | Option exercise | 85,000 | $1.80M |
| May 15, 2026 | Tato Joseph A Director | Disposition to issuer | 46,750 | $992.0K |
| May 15, 2026 | Moeller Philip D Director | Option exercise | 85,000 | $1.80M |
| May 15, 2026 | Moeller Philip D Director | Disposition to issuer | 46,750 | $992.0K |
| May 15, 2026 | Akbari Dr. Homaira Director | Option exercise | 3,021 | $64.1K |
| May 15, 2026 | Howe Alan B Director | Option exercise | 85,000 | $1.80M |
| May 15, 2026 | Howe Alan B Director | Disposition to issuer | 46,750 | $992.0K |
| May 15, 2026 | Stahl Rebecca L Director | Option exercise | 85,000 | $1.80M |
| May 15, 2026 | Stahl Rebecca L Director | Disposition to issuer | 46,750 | $992.0K |
| May 15, 2026 | Boness Naomi Louise Director | Option exercise | 85,000 | $1.80M |
| May 15, 2026 | Boness Naomi Louise Director | Disposition to issuer | 46,750 | $992.0K |
| Mar 18, 2026 | Frymyer Cameron M Chief Financial Officer | Purchase | 1,285 | $19.0K |
| Mar 18, 2026 | Young Kenneth M Chief Executive Officer | Purchase | 7,000 | $106.0K |
| Mar 16, 2026 | Young Kenneth M Chief Executive Officer | Option exercise | 250,000 | $2.63M |
| Mar 16, 2026 | Young Kenneth M Chief Executive Officer | Tax withheld | 119,625 | $1.26M |
| Mar 16, 2026 | Dziewisz John J General Counsel & Secretary | Option exercise | 25,000 | $262.8K |
| Mar 16, 2026 | Frymyer Cameron M Chief Financial Officer | Option exercise | 225,000 | $2.36M |
| Mar 16, 2026 | Frymyer Cameron M Chief Financial Officer | Tax withheld | 100,350 | $1.05M |
| Mar 16, 2026 | Dziewisz John J General Counsel & Secretary | Tax withheld | 11,150 | $117.2K |
| Mar 5, 2026 | Frymyer Cameron M Chief Financial Officer | Option exercise | 75,000 | $996.7K |
| Mar 5, 2026 | Dziewisz John J General Counsel & Secretary | Option exercise | 75,000 | $996.7K |
| Mar 5, 2026 | Dziewisz John J General Counsel & Secretary | Tax withheld | 33,513 | $445.4K |
| Mar 5, 2026 | Frymyer Cameron M Chief Financial Officer | Tax withheld | 33,450 | $444.6K |
| Mar 5, 2026 | Young Kenneth M Chief Executive Officer | Option exercise | 150,000 | $1.99M |
| Mar 5, 2026 | Young Kenneth M Chief Executive Officer | Tax withheld | 75,150 | $998.7K |
| Feb 11, 2026 | BRC Group Holdings, Inc. 10% owner | Sale | 1,155,382 | $10.40M |
| Nov 21, 2025 | Bartoli Henry E Director | Option exercise | 85,000 | $516.8K |
| Nov 12, 2025 | Young Kenneth M Chief Executive Officer | Purchase | 1,500 | $10.7K |
| Nov 12, 2025 | Frymyer Cameron M Chief Financial Officer | Purchase | 2,853 | $20.1K |
| Nov 12, 2025 | Young Kenneth M Chief Executive Officer | Purchase | 1,675 | $12.0K |
Source: SEC Form 4 filings. Form 4 reports transactions, not the cap table — absence of filings says nothing about how much an insider owns, and a quiet window is not a signal.
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