• Babcock & Wilcox outlined a pipeline exceeding $16 billion for 2026-2028, driven by baseload generation demand and AI data center power needs.
• Third-quarter revenue reached $291 million, with adjusted EBITDA of $18 million for the period ended September 30, 2026.
• Trailing 12-month revenue totaled $986 million; adjusted EBITDA reached $72 million.
• Pro forma total debt stood at $166 million as of September 30, 2026; cash, cash equivalents and restricted cash totaled $129 million.

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