Revenue by Segment

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019	Dec '18 Dec 31, 2018	Dec '17 Dec 31, 2017	Dec '16 Dec 31, 2016
Babcock & Wilcox	587.68M	581.04M	587.45M	-	-
Babcock & Wilcox Growth	1.14%	-1.09%	-	-	-
Elimination of intersegment revenues	-	-	-	-10.25M	-592.00K
Babcock & Wilcox Thermal	-	-	-	415.10M	433.33M
Babcock & Wilcox Thermal Growth	-	-	-	-4.21%	42.09%
Babcock & Wilcox Environmental	-	-	-	81.82M	133.83M
Babcock & Wilcox Environmental Growth	-	-	-	-38.86%	23.95%
Babcock & Wilcox Renewable	-	-	-	122.77M	144.31M
Babcock & Wilcox Renewable Growth	-	-	-	-14.93%	-7.60%
Total	587.68M	581.04M	587.45M	609.44M	710.87M
Total Growth	1.14%	-1.09%	-3.61%	-14.27%	25.53%

Revenue by Geography

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019	Dec '18 Dec 31, 2018	Dec '17 Dec 31, 2017	Dec '16 Dec 31, 2016
United States	418.00M	388.19M	420.84M	449.64M	419.05M
United States Growth	7.68%	-7.76%	-6.41%	7.30%	34.76%
Canada	90.61M	69.91M	80.86M	84.25M	48.21M
Canada Growth	29.62%	-13.55%	-4.02%	74.77%	9.72%
United Kingdom	15.47M	49.67M	35.72M	5.99M	26.72M
United Kingdom Growth	-68.86%	39.05%	496.68%	-77.60%	3.53%
Indonesia	16.27M	13.20M	11.51M	11.62M	1.85M
Indonesia Growth	23.30%	14.69%	-1.01%	527.31%	-90.57%
Philippines	10.95M	10.48M	2.48M	3.28M	-
Philippines Growth	4.43%	323.04%	-24.36%	-	-
ALL Other Countries	36.38M	49.59M	36.04M	54.66M	93.10M
ALL Other Countries Growth	-26.64%	37.58%	-34.06%	-41.28%	0.51%
Denmark	-	-	-	-	30.31M
Denmark Growth	-	-	-	-	6.02%
Sweden	-	-	-	-	22.39M
Sweden Growth	-	-	-	-	95.90%
Saudi Arabia	-	-	-	-	12.53M
Saudi Arabia Growth	-	-	-	-	31.26%
China	-	-	-	-	10.03M
China Growth	-	-	-	-	18.52%
Brazil	-	-	-	-	3.95M
Brazil Growth	-	-	-	-	-28.77%
South Korea	-	-	-	-	3.96M
Greece	-	-	-	-	253.00K
Taiwan	-	-	-	-	5.78M
Taiwan Growth	-	-	-	-	208.71%
Belgium	-	-	-	-	3.05M
France	-	-	-	-	4.54M
France Growth	-	-	-	-	155.57%
Israel	-	-	-	-	14.11M
Israel Growth	-	-	-	-	763.00%
Hong Kong	-	-	-	-	11.06M
Hong Kong Growth	-	-	-	-	146.24%
Total	587.68M	581.04M	587.45M	609.44M	710.87M
Total Growth	1.14%	-1.09%	-3.61%	-14.27%	25.53%

Source: S&P Global Market Intelligence.