Babcock & Wilcox swings to FY26 Q2 profit of $14.26 million; revenue rises 130.25% to $319.72 million
BW•Backlog and bookings rise sharply
Backlog rose to $2.57 billion at June 30, 2026 from $405.6 million a year earlier; six-month bookings totaled $2.66 billion, including $2.4 billion tied to Base Electron.
Quarterly results swing to profit
Babcock & Wilcox posted GAAP operating income of $11.77 million, up from $7.02 million in the quarter ended June 30, 2026.
GAAP results swung to a profit of $14.26 million from a loss of $7.44 million; interest expense fell to $5.01 million from $10.99 million.
Revenue more than doubles on large-project volume
GAAP revenue more than doubled to $319.72 million from $138.86 million, driven by higher large-project volume including $100.7 million from Base Electron.
