Quarterly ResultMay 4, 2026, 04:43 PM
BWX Technologies Q1 Revenue +26% to $860.2M; EPS $0.99
AI Summary
BWX Technologies reported strong financial results for the first quarter of 2026, with revenues increasing by 26.0% to $860.2 million and net income rising 20.7% to $91.1 million. Diluted earnings per share also saw a significant increase to $0.99. The company's Commercial Operations segment experienced substantial growth, more than doubling its revenue year-over-year, while operating cash flow also saw a significant boost. Additionally, BWX Technologies announced its intent to acquire Precision Components Group, LLC, further expanding its commercial nuclear production capacity.
Key Highlights
- Q1 2026 Revenue increased 26.0% to $860.2 million from $682.3 million in Q1 2025.
- Q1 2026 Net Income attributable to BWX Technologies, Inc. rose 20.7% to $91.1 million.
- Diluted EPS for Q1 2026 was $0.99, up 20.7% from $0.82 in the prior year period.
- Net cash provided by operating activities surged 82.8% to $92.6 million.
- Commercial Operations segment revenue grew 121.2% to $283.6 million.
- Government Operations segment revenue increased 4.1% to $577.9 million.
- Declared a quarterly dividend of $0.27 per share for Q1 2026, up from $0.25 in Q1 2025.
- Remaining performance obligations stood at $8,650.8 million as of March 31, 2026.