Babcock & Wilcox (BW) Reports 44% Revenue Growth in Q1 2026

AI Summary

Babcock & Wilcox Enterprises, Inc. (BW) reported Q1 2026 revenue of $214.4 million, up 44% year-over-year from $148.6 million in Q1 2025. This figure surpassed the consensus analyst forecast of $157.2 million by more than 36%. The company's Adjusted EBITDA surged to $16.1 million, marking a 296% increase from the $4 million reported a year earlier. The growth was driven by high project volumes and rising global utility demand, particularly in response to the needs of AI workloads.