What is the primary revenue source for Babcock & Wilcox (BW)?

According to the latest financial reports, the company's revenue is driven by its core business segments and operational services. You can explore the exact breakdown and proportions of each revenue stream using the interactive charts on this page.

How can I visualize and analyze BW's financial statements?

gkcal provides interactive Sankey diagrams and profit waterfall charts that map out Babcock & Wilcox's total revenue, cost of goods sold, operating expenses, and net income, making it easy to understand their business model and cash flow at a glance.

How Babcock & Wilcox Makes Money: BW Revenue Breakdown (2026)

Operations

Where did the money come from, and where was it spent?

Insufficient data

Current data explains this period's structure but is insufficient for a year-over-year conclusion.

Revenue: USD 214.41M
Largest revenue segment share (Projects): 38.90%
Cost of revenue: USD 170.96M
Selling, general and administrative: USD 44.38M

View calculation evidence

YoY periods: Q1 2026 compared with Q1 2025

Source metrics

Largest revenue segment share (Projects)Projects · segment_value / revenue * 100
RevenueRevenues · RevenueFromContractWithCustomerExcludingAssessedTax
Cost of revenueCost of operations · CostOfRevenue
Selling, general and administrativeSelling, general and administrative expenses · SellingGeneralAndAdministrativeExpense

Assets

Where is the money tied up, and how is the company financed?

Watch

Current assets do not cover near-term liabilities, indicating short-term funding pressure.

Accounts receivable: USD 126.36M
Property, plant and equipment: USD 70.84M
Inventory: USD 60.73M
Total liabilities: USD 929.94M

View calculation evidence

YoY periods: Q1 2026 compared with Q1 2025

Source metrics

Total liabilitiesTotal liabilities · Liabilities
InventoryInventories, net · InventoryNet
Accounts receivableAccounts receivable – trade, net of allowance for credit losses of $2.7 million and $2.1 million as of march 31, 2026 and december 31, 2025, respectively · AccountsReceivableNetCurrent
Property, plant and equipmentNet property, plant and equipment, and finance leases · PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization

Some conclusions lack complete source metrics and should be interpreted cautiously.

Cash

Did accounting profit ultimately turn into cash?

Insufficient data

Current data explains this period's structure but is insufficient for a year-over-year conclusion.

Free cash flow remains positive after capital expenditure.

Operating cash flow: USD 17.79M
Free cash flow: USD 10.66M

View calculation evidence

YoY periods: Q1 2026 compared with Q1 2025

Source metrics

Free cash flowcfo - capex
Operating cash flowsum(waterfull.operating)

Some conclusions lack complete source metrics and should be interpreted cautiously.

Shareholders

Did the money earned actually make its way back to shareholders?

Watch

Share issuance proceeds exceeded dividends and repurchases, making the company a net equity raiser.

Stock issuance proceeds: USD 34.08M
Net shareholder return: USD −34.08M

View calculation evidence

YoY periods: Q1 2026 compared with Q1 2025

Source metrics

Net shareholder returndividends_paid + share_repurchases - stock_issuance_proceeds
Stock issuance proceedsIssuance of common stock, net · ProceedsFromIssuanceOfCommonStock · abs(node_value)

Diluted share count is missing, so dilution cannot be assessed against buybacks.

Financial Insights

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Where did the money come from, and where was it spent?

Where is the money tied up, and how is the company financed?

Did accounting profit ultimately turn into cash?

Did the money earned actually make its way back to shareholders?