Babcock & Wilcox Enterprises, I
BW
Jodie read · what matters now
Revenue increased 44.3% versus the comparable filing period.
The story is only the start. Jodie keeps watching the filing evidence, the companies connected to BW, and whether its market group begins moving.
Latest filing assessment · baseline
Fundamentals strengthened in the latest filing
10-Q filed 2026-05-11 against the comparable filing from 2025-05-12.
What improved
- Revenue increased 44.3% versus the comparable filing period.
- The operating loss narrowed by 187,000.00.
- Operating cash flow moved from negative to positive in the comparable period.
What weakened
- Net margin fell 21.1 percentage points.
Filing receipts
“Loss from continuing operations increased by $64.0 million to $79.6 million in the three months ended March 31, 2026 compared to $15.6 million in the three months ended March 31, 2025, primarily driven by a non-cash change in fair value of customer warrants of $70.2 million and an increase in income tax expense of $2.2 million, partially offset by a reduction in interest expense of $6.6 million.”
“The increase is primarily driven by an increase in share price of our common stock during the three months ended March 31, 2026, which resulted in the increase in stock-based compensation expense for grants to senior members of management, including an increase in the valuation of stock appreciation rights Research and development costs increased by $0.5 million to $0.8 million in the three months ended March 31, 2026 compared to $0.3 million in the three months ended March 31, 2025.”
“The increase is primarily driven by the increased revenue as described above as well as the product mix of higher large-project volume which carries higher costs needed to complete certain projects.”
Retrospective baseline calibration. It was generated after the filing date and is not part of Jodie's live track record.
Who this business touches
The relationships behind BW
Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.
Depends on
Filing peers
Companies whose filings use similar operating language.
You can see the shape of the network here. Pro opens 3 more links, the original filing receipts, and alerts when connected names begin moving. See Pro →
What is moving around it
Live connections
BW is currently a Leader in the organic co-movement group Steam Generation Equipment. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 3 filing-linked names are in the relationship map; none is currently confirmed as moving with the group.
This group is retained as the last observed read for BW; it is not active in the latest market snapshot.
Theme membership history
No durable theme membership has been observed for this name yet.