• Babcock & Wilcox reported strong second-quarter 2026 results with revenue more than doubling to $319.7 million and a swing to $14.3 million net income.
  • The company also raised its full-year 2026 adjusted EBITDA target to $80 million-$105 million.
  • This positive news follows a recent agreement with Siemens Energy for 20 steam turbine generator sets totaling 1 gigawatt for AI data center projects.