BW Energy revenue and financials

BWE · Oslo Børs · NOK

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Close · October 6, 2026

In the fiscal year ended December 2025, BW Energy reported revenue of $778.3M (−0.71% year over year). Net income was $133.1M, a net margin of 17.1%.

Annual revenue · 2025: $778.3M
  1. $277.6M2022
  2. $488.9M2023
  3. $783.9M2024
  4. $778.3M2025

Fiscal year ending in December. Sources and method on the page Methodology and sources.

At a glance

Revenue growth
−0.71%
2025 vs 2024
Net income growth
−19.77%
2025 vs 2024
Net margin
17.1%
2024: 21.2%

Financial data

Amounts in millions of USD; per-share values in USD; shares in millions.

Income statement · Quarterly
ItemQ2 2026Q1 2026Q2 2025Q1 2025
Total revenue333172185281
Cost of revenue80.380.451.1146
Gross profit25291.9134135
Selling, general and administrative—7.9—7.2
Operating income10762.045.0117
EBIT73.662.057.1121
EBITDA144111103157
Interest expense9.67.69.311.8
Pre-tax income64.054.447.8109
Income tax20.121.821.126.0
Net income43.932.626.783.0
Net income to common shareholders43.932.626.783.0
Basic EPS0.170.130.110.32
Diluted EPS0.160.130.110.32
Average shares (basic)258251243259
Average shares (diluted)274251243259