Babcock & Wilcox (BW) reported Q4 2025 revenue of USD 161.0 million and operating income of USD 12.2 million, with a loss from continuing operations of USD 3.5 million (loss per share: USD 0.05). Q4 adjusted EBITDA from continuing operations was USD 16.4 million (+53.0%). For FY 2025, BW posted revenue of USD 587.7 million (+1.2%), operating income of USD 20.7 million, and a loss from continuing operations of USD 32.8 million (loss per share: USD 0.45). FY adjusted EBITDA from continuing operations was USD 43.7 million (up 2.1x). The company said parts and services revenue increased 17% in 2025, citing increased coal generation usage and higher baseload demand in North America. BW also said it paid off outstanding bonds due February 2026 in December 2025, ended 2025 with net debt of USD 119.7 million, and signed full notice to proceed for a USD 2.4 billion AI data center project with Base Electron backed by Applied Digital. Continuing operations backlog was USD 2.8 billion (up 470%), including the data center project, and BW said its total global pipeline exceeds USD 12.0 billion.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Babcock & Wilcox Enterprises Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 202603040630BIZWIRE_USPR_____20260304_BW170976) on March 04, 2026, and is solely responsible for the information contained therein.