Flagship explainer

How BABCOCK & WILCOX ENTERPRISES, INC. makes its money

Start with a dollar of revenue and follow what the filing says remains.

revenueBranching filed flows with values and percentages directly labeled. Missing filing concepts are omitted rather than estimated.Revenue$588M · 100%Cost of revenue$444M · 76%Gross profit$144M · 24%Operating income$20.7M · 4%Income before tax−$24.6M · −4%Income tax$8.3M · 1%Net income−$36.2M · −6%As of 2025-12-31 · 1 SEC filing sourceBuy Like Buffett · buylikebuffett.com

Honest partial: the filing did not provide a normalized tag for Research and development, Selling, general and administrative; those components are omitted, not plugged.

Table alternative
Filed lineValue% of revenueSource
$588M100%
Cost of revenue$444M76%
$144M24%
$20.7M4%
Income before tax−$24.6M−4%
Income tax$8.3M1%
−$36.2M−6%
Source: · event Dec 31, 2025 · retrieved Jul 26, 2026 · annual-row source set
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