Babcock & Wilcox Enterprises, Inc. (BW) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good afternoon, thank you for attending the Babcock and Wilcox Enterprises fourth quarter and full year 2025 conference call. All lines will be muted during the presentation portion of the call with an opportunity for questions and answers at the end. I would now like to turn the conference over to your host, Sharon Brooks, B&W's Director of Communications. Thank you. You may proceed, Ms. Brooks. Thank you, Tamiya. And thanks to everyone for joining us on Babcock and Wilcox Enterprises fourth quarter and full year 2025 earnings conference call. I'm Sharon Brooks, Director of Communications. Joining the call today are Kenny Young, B&W's Chairman and Chief Executive Officer, and Cameron Freymeier, Chief Financial Officer, to discuss our fourth quarter and four-year results. During this call, certain statements we make will be forward-looking. These statements are subject to risks and uncertainties, including those set forth in our Safe Harbor provision for forward-looking statements that can be found at the end of our earnings press release published on March 4, 2026, and in our annual report on Form 10-K that has been filed with the SEC today. Additionally, except as required by law, we undertake no obligation to update any forward-looking statement. We also provide non-GAAP information regarding certain of our historical and targeted results to supplement the results provided in accordance with GAAP. This information should not be considered superior to or as a substitute for the comparable GAAP measures. A reconciliation of historical non-GAAP measures can be found in our fourth quarter and full year 2025 earnings release published on March 4, 2026, and in our company overview presentation filed on Form 8K, which is posted on the investor relations section of our we...