Company: BWNB
Filing Date: 2025-08-11
Form Type: 10-Q
Source: 0001630805-25-000062
Chunk: 46

Company: Babcock & Wilcox Enterprises, Inc.
Filing Date: 2025-08-11
Form: 10-Q
Item: Part I, Item 1
Chunk 46
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DA9,869 428 1,661 11,958 Corporate/eliminations (2)(3,973)Interest expense, net(11,808)Depreciation & amortization(2,931)Benefit plans, net66 Settlement and related legal recoveries (costs)(7,383)Loss on debt extinguishment(1,053)Financial advisory services(50)Stock compensation(1,318)Restructuring activities(103)Foreign exchange1,395 Other-net(669)Loss from continuing operations before income tax expense$(15,869)

22

Six Months Ended June 30, 2025(in thousands)B&W Thermal segmentB&W Renewable segmentB&W Environmental segmentTotalRevenue$227,560 $33,226 $39,076 $299,862 Cost of operations168,127 24,611 28,441 221,179 General & administrative expense (1)21,790 5,311 3,689 30,790 Selling & marketing expense (1)12,577 2,592 2,882 18,051 Segment Adjusted EBITDA25,066 712 4,064 29,842 Corporate/eliminations (2)(8,629)Interest expense, net(21,257)Depreciation & amortization(4,451)Impairment of long-lived assets(950)Benefit plans, net(1,555)Loss on sales, net(173)Settlement and related legal recoveries (costs)(536)Financial advisory services(5,167)Stock compensation(1,521)Restructuring activities(111)Foreign exchange862 Other-net(567)Loss from continuing operations before income tax expense$(14,213)Six Months Ended June 30, 2024(in thousands)B&W Thermal segmentB&W Renewable segmentB&W Environmental segmentTotalRevenue$202,926 $30,540 $58,887 $292,353 Cost of operations153,246 23,727 45,420 222,393 General & administrative expense (1)18,481 4,269 6,585 29,335 Selling & marketing expense (1)12,705 2,592 4,592 19,889 Segment Adjusted EBITDA18,494 (48)2,290 20,736 Corporate/eliminations (