Babcock & Wilcox ( (BW) ) has released its Q2 earnings. Here is a breakdown of the information Babcock & Wilcox presented to its investors.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Babcock & Wilcox Enterprises, Inc., headquartered in Akron, Ohio, is a prominent provider of energy and environmental products and services for power and industrial markets globally.
In its second quarter of 2025 earnings report, Babcock & Wilcox Enterprises reported a notable 31% increase in Global Parts & Services revenues compared to the same period last year, driven by heightened demand from artificial intelligence and data centers. Despite a net loss from continuing operations of $6.1 million, the company’s adjusted EBITDA, including Diamond Power International, significantly exceeded expectations.
Key financial metrics highlighted in the report include a 49% increase in the company’s backlog to $418.1 million and an operating income of $8.1 million, a substantial improvement from the previous year’s operating loss. The sale of Diamond Power International for $177 million further strengthened the company’s financial position, allowing for debt reduction and improved cash flows.
Looking ahead, Babcock & Wilcox remains optimistic about its growth prospects, with a strong focus on expanding its Global Parts and Services business. The company is well-positioned to capitalize on the increasing demand for energy solutions, particularly in North America, and continues to explore opportunities in plant conversions and upgrades, as well as behind-the-meter data center projects.