Babcock & Wilcox Reports Q1 Revenue Growth, Exceeding Expectations
Babcock & Wilcox reported first-quarter revenue of $214.4 million for Q1 2026, a 44% increase compared to the same period in 2025 and exceeding market expectations. Despite reporting a GAAP net loss from continuing operations of $79.6 million, adjusted EBITDA surged by 296% year-over-year to $16.1 million.
Topics: adjusted_ebitda backlog bookings debt_reduction revenue