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- Aug 10, 202690% CONFIDENCEfrom the source
Babcock & Wilcox Reports Q2 2026 Results and Raises EBITDA Target
- B&W released its second-quarter 2026 results after the market closed on Monday 10 August 2026 (the 8-K was accepted at 4:25 p.m. ET), ahead of its 5 p.m. ET call[1][5][6]
- Revenue was $319.7 million against $138.9 million a year earlier, up 130%, including $100.7 million from Base Electron; operating income was $11.8 million[1][4]
- Net income was $14.3 million, or $0.07 a share, against a $58.5 million loss; adjusted net income was $9.1 million and adjusted EBITDA $21.8 million, up 57%[1][4]
- Bookings were $151.0 million, backlog $2.6 billion (up 533%) and the pipeline more than $14.0 billion[1]
- B&W raised the upper end of its 2026 adjusted EBITDA target range to $80.0 million to $105.0 million[1][4]
- It ended June with $382.8 million of cash against $239.8 million of secured debt and bonds; in July its board authorised a buyback of up to $50 million, and in August it repurchased the remaining $61.8 million of December 2026 bonds[1]
- It ordered 20 more Siemens Energy steam turbine generator sets, 1 GW in all, for its next data centre projects[1][3]
- On the call, management said Base Electron is ahead of schedule and on budget, expected a second data centre project to reach full notice to proceed this year, and said shortages of welders and electricians raised costs on one construction project[2]
References 684% CONFIDENCE
The first entry is always the pin's source. Overall confidence is a weighted average of how firmly each reference supports the start and end times used above; a reference counts half as much for every 180 days older than the newest.
- [1]90%babcock.com/home/about/corporate/news/babcock-and-wilcox-enterprises-reports-second-quarter-2026-resultsbabcock.com· Posted Sep 23, 2026· Starts Aug 10, 2026 ✓· 19% of score
Stated as firm: the release is datelined "(AKRON, Ohio – August 10, 2026)" with no clock time, and the Form 8-K furnishing it (Item 2.02) shows "Accepted 2026-08-10 16:25:32" (ET) on SEC[4][5] EDGAR, so the pin is timed to 4:25 p.m. ET (20:25 UTC), just before the "Monday, August 10, 2026 at 5 p.m. ET" call.
- [2]80%Babcock & Wilcox Enterprises Inc (BW) (Q2 2026) Earnings Call Highlights: Revenue Surges 130% and Backlog Soars 533%gurufocus.com· Published Aug 11, 2026· 16% of score
Call highlights: Base Electron ahead of schedule and on budget, a second data center project expected to reach full notice to proceed this year, welder and electrician shortages hurt one construction project, 20 more Siemens Energy turbines reserved.[1]
- [3]75%Babcock & Wilcox Signs Agreement with Siemens Energy to Commence Work on 20 Steam Turbines for Data Center Power Generationbabcock.com· Published Aug 11, 2026· 16% of score
The next-day release detailing the extra 1 GW of Siemens Energy steam turbine generator sets the Q2 release highlighted.[1]
- [4]95%Exhibit 99.1 (Form 8-K): Babcock & Wilcox Enterprises Reports Second Quarter 2026 Resultssec.gov· Published Aug 10, 2026· 16% of score
The results release as filed with the SEC[5]: revenue $319.7M incl. $100.7M from Base Electron, net income $14.3M, adjusted EBITDA $21.8M, target raised to $80-105M.
- [5]85%SEC EDGAR filing index: Babcock & Wilcox Form 8-K (Item 2.02), 10 August 2026sec.gov· Published Aug 10, 2026· 16% of score
Shows the results 8-K, with the August 2026 investor overview, was accepted at 16:25:32 ET on 10 August 2026, the time the pin uses.[1]
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