Babcock & Wilcox Enterprises, Inc. $BW posted a strong top-line gain in the third quarter of 2026, with revenue rising to $290.8 million, up 95.2% year over year and ahead of the $233.2 million estimate. Gross profit increased to $44.8 million, while operating profit climbed to $13.8 million, both showing meaningful improvement from a year earlier.
The company also reported net income attributable to common shareholders of $90.2 million. Diluted earnings per share came in at $0.02, compared with the prior-year period. Cash and cash equivalents rose to $100.2 million, and total liabilities declined to $735.1 million, indicating a better balance sheet position than a year ago.
- Revenue: $290.8 million, up 95.2% year over year
- Gross profit: $44.8 million
- Operating profit: $13.8 million
- Net income attributable to common shareholders: $90.2 million
- Cash and cash equivalents: $100.2 million
Operating cash flow was negative at $130.6 million, while capital spending totaled $4.9 million. After the release, the stock rose 11.14% from the market close, reflecting a positive investor reaction to the quarter.
Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.
Babcock & Wilcox Enterprises, Inc. Insider Trading Activity
Babcock & Wilcox Enterprises, Inc. insiders have traded $BW stock on the open market 2 times in the past 6 months. Of those trades, 2 have been purchases and 0 have been sales.
Here’s a breakdown of recent trading of $BW stock by insiders over the last 6 months:
- KENNETH M YOUNG (Chief Executive Officer) purchased 7,000 shares for an estimated $67,550
- PHILIP D MOELLER purchased 5,000 shares for an estimated $47,500
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
Babcock & Wilcox Enterprises, Inc. Hedge Fund Activity
We have seen 139 institutional investors add shares of Babcock & Wilcox Enterprises, Inc. stock to their portfolio, and 84 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- BLACKROCK, INC. added 9,732,099 shares (+601.5%) to their portfolio in Q2 2026, for an estimated $137,222,595
- AMERIPRISE FINANCIAL INC added 4,055,825 shares (+112.6%) to their portfolio in Q2 2026, for an estimated $57,187,132
- JANE STREET GROUP, LLC removed 3,015,357 shares (-82.1%) from their portfolio in Q2 2026, for an estimated $42,516,533
- VALUE ALIGNED RESEARCH ADVISORS, LLC added 2,238,024 shares (+inf%) to their portfolio in Q2 2026, for an estimated $31,556,138
- HOOD RIVER CAPITAL MANAGEMENT LLC added 2,085,991 shares (+18.0%) to their portfolio in Q2 2026, for an estimated $29,412,473
- MILLENNIUM MANAGEMENT LLC removed 2,021,989 shares (-60.0%) from their portfolio in Q2 2026, for an estimated $28,510,044
- ARROWSTREET CAPITAL, LIMITED PARTNERSHIP removed 1,991,662 shares (-67.0%) from their portfolio in Q2 2026, for an estimated $28,082,434
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
