Babcock & Wilcox Enterprises, Inc. 8K

Babcock & Wilcox Enterprises reported strong Q2 2026 financial results with a return to profitability, raised its 2026 adjusted EBITDA outlook, and announced both a $50 million share repurchase authorization and plans to repurchase its remaining 2026 bonds.

On August 10, 2026, Babcock & Wilcox Enterprises, Inc. reported its second quarter 2026 results, highlighting a sharp turnaround to profitability with revenue of $319.7 million (up 130% year-over-year), net income of $14.3 million versus a prior-year net loss of $58.5 million, earnings per share of $0.07, and adjusted EBITDA of $21.8 million, along with strong commercial momentum evidenced by $151.0 million in bookings, a $2.6 billion backlog, and a total global pipeline exceeding $14.0 billion. The company attributed growth in part to large project volume including its Base Electron data center project, announced that it raised its full-year 2026 adjusted EBITDA target range to $80.0–$105.0 million, disclosed that its Board authorized a share repurchase program of up to $50 million, and indicated it will repurchase the remaining $61.8 million of bonds due December 2026 in August 2026, while also noting additional turbine orders from Siemens Energy to support anticipated AI data center projects and discussing ongoing macroeconomic and labor market headwinds.

Filing Facts

CIK

1630805

Ticker

-

Form

8K

Source Type

sec

Accession

0001630805-26-000066

Alert Tier

7