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Wednesday 4 November 2026 Export BWXT’s income statement to Excel — free account

BWX Technologies, Inc.

BWXT Industrials Aerospace & Defense

BWX Technologies, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $3.2 billion, up 18.3% from fiscal 2024.

Revenue
+10.0%
EPS
+23.3%
Free cash flow
+58.6%
Total debt
+33.9%

Quarter to September 2026, against a year earlier

121.34 10.48 −7.95%
Market cap
$12.1B
P/E
32.3×
Fwd P/E
29.8×
Dividend yield
0.80%
F-score
5/9
Altman Z
5.32
Beneish M
−1.91
Dividend safety
82/100
Overview Business Profile Earnings & Analysis
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios
Segments Valuation Filings

BWX Technologies, Inc. (BWXT) Earnings & Analysis

Updated · Covers results through Q2 FY2026 · How this is made

Latest quarter

BWXT reported Q2 FY2026 revenue of $901.6 million, above the consensus estimate of $891.8 million. Adjusted earnings per share were $1.07, also above the consensus of $1.01.

Revenue rose 18.0% from $764.0 million a year earlier. The company’s filing attributed the increase primarily to Commercial Operations, where the Kinectrics acquisition and higher revenue from inspection, maintenance and other services contributed to growth. Government Operations revenue rose to $601.3 million, principally because of contributions from enrichment operations.

The filing said Commercial Operations operating income increased, while Government Operations operating income declined in part because the prior-year quarter benefited from contract adjustments. BWXT’s gross margin fell to 22.4% from 25.1%, and its operating margin declined to 12.7% from 13.4%. Diluted earnings per share rose to $0.97 from $0.85. Free cash flow was $115.0 million, down from $126.3 million a year earlier.

Q2 FY2026 Q2 FY2025 Change
Revenue $901.6 million $764.0 million 18.0%
Diluted EPS $0.97 $0.85 14.1%
Gross margin 22.4% 25.1% −2.6 percentage points
Operating margin 12.7% 13.4% −0.7 percentage points
Free cash flow $115.0 million $126.3 million −8.98%
Against the consensus Reported Consensus Result
Adjusted EPS $1.07 $1.01 Beat by 5.94%
Revenue $901.6 million $891.8 million Beat by 1.10%

Adjusted EPS is the figure the consensus estimates, not the GAAP EPS above.

What management said on the call

The latest earnings call is unavailable, so its management commentary and analyst questions cannot be reported.

Guidance

BWXT’s results release sets out an FY2026 outlook for non-GAAP earnings per share, adjusted EBITDA and free cash flow. A comparison with the company’s previous outlook is unavailable.

Metric For Guide Previous guide Change
Free cash flow, non-GAAP FY2026 $345.0 million–$360.0 million — New
EPS, non-GAAP FY2026 $4.70–$4.80 — New
EBITDA, non-GAAP FY2026 $662.0 million–$672.0 million — New

This page is for information only. It is not investment advice, a recommendation or an offer to buy or sell any security. Figures come from the sources listed above and may contain errors; verify against the company's filings.