Company: BWNB
Filing Date: 2025-11-10
Form Type: 10-Q
Source: 0001630805-25-000090
Chunk: 47

Company: Babcock & Wilcox Enterprises, Inc.
Filing Date: 2025-11-10
Form: 10-Q
Item: Part I, Item 1
Chunk 47
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648 26,276 90,939 80,956 Construction24,963 30,162 99,667 103,458 118,271 109,376 345,831 312,302 B&W Renewable segment    Parts4,876 3,275 16,031 13,888 Projects4,520 2,938 16,277 14,402 Construction5,797 3,313 16,111 11,776 15,193 9,526 48,419 40,066 B&W Environmental segment    Parts7,909 5,458 29,098 24,989 Projects7,638 28,272 25,525 67,628 15,547 33,730 54,623 92,617 Elimination of intersegment revenues— (1)(2)(66)Total Revenue$149,011 $152,631 $448,871 $444,919 

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The following tables provide information about our segments, as well as the "Corporate/Other Segment" category and include the reconciliation of Revenue to Adjusted EBITDA to Loss from continuing operations before income tax expense:Three Months Ended September 30, 2025(in thousands)B&W Thermal segmentB&W Renewable segmentB&W Environmental segmentTotalRevenue$118,271 $15,193 $15,547 $149,011 Cost of operations88,646 11,265 10,349 110,260 General & administrative expense (1)7,302 1,991 1,106 10,399 Selling & marketing expense (1)7,155 1,287 1,256 9,698 Segment Adjusted EBITDA15,168 650 2,836 18,654 Corporate/eliminations (2)(6,005)Interest expense, net(8,144)Depreciation & amortization(2,877)Benefit plans, net(783)Loss on asset disposals, net(557)Settlement and related legal costs(322)Gain on debt extinguishment1,730 Financial advisory services(1,588)Stock compensation(746)Foreign exchange(466)Other-net(210)Loss from continuing operations before income tax expense$(1,314)Three Months Ended September 30, 2024(in thousands)B&W Thermal segmentB