BWX Technologies BWXT Business Segments
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Revenue by Business | ||||||
| Commercial Operations | $283.65M-4.7% | $297.65M+18.6% | $250.97M+42.5% | $176.14M+37.3% | $128.31M-15.8% | |
| Government Operations | $577.9M-1.9% | $589.15M-4.5% | $616.7M+4.7% | $588.96M+6.1% | $555.29M-6.7% | |
| Total operating income by Business | ||||||
| Commercial Operations | $24.03M+17.6% | $20.43M-14.7% | $23.96M+248% | $6.88M+6.4% | $6.47M-56.5% | |
| Government Operations | $99.14M+9.8% | $90.31M-7.2% | $97.37M-11.0% | $109.42M+11.9% | $97.75M-0.3% | |
| Costs and Expenses, Adjusted by Business | ||||||
| Commercial Operations | $261.51M-6.0% | $278.22M+22.0% | $228.1M+34.6% | $169.45M+39.1% | $121.84M-11.4% | |
| Government Operations | $498.44M-3.5% | $516.58M-4.2% | $539.46M+8.3% | $497.9M+5.0% | $474.13M-7.5% | |
| Other segment expenses by Business | ||||||
| Commercial Operations | $260.25M-6.2% | $277.33M+22.3% | $226.7M+35.9% | $166.79M+37.5% | $121.28M-11.3% | |
| Government Operations | $495.47M-3.6% | $514.22M-4.3% | $537.38M+8.3% | $495.98M+4.0% | $477.11M-6.1% | |
| Gain (Loss) on Sale of Assets and Asset Impairment Charges by Business | ||||||
| Commercial Operations | -$125K— | —— | -$1K+92.3% | -$13K— | $0— | |
| Government Operations | $0— | —— | $0— | $0-100% | $4.43M— | |
| Equity in Income of Investees: by Business | ||||||
| Commercial Operations | $1.89M+88.8% | $1M-7.7% | $1.09M+493% | $183K— | $0— | |
| Government Operations | $19.68M+12.0% | $17.56M-12.8% | $20.13M+9.6% | $18.36M+10.7% | $16.59M+6.3% | |
| Research and development costs by Business | ||||||
| Commercial Operations | $1.14M+25.7% | $904K-35.4% | $1.4M-47.0% | $2.64M+370% | $562K-24.4% | |
| Government Operations | $2.96M+2.0% | $2.91M+39.8% | $2.08M+8.1% | $1.92M+32.6% | $1.45M-23.3% | |
| Total Capital Expenditures by Business | ||||||
| Commercial Operations | $14.29M-44.6% | $25.8M+20.8% | $21.37M+27.9% | $16.7M+26.4% | $13.21M-32.7% | |
| Government Operations | $27.1M-29.6% | $38.47M+49.7% | $25.7M+63.0% | $15.77M-14.8% | $18.5M-34.0% | |
| Total Depreciation and Amortization by Business | ||||||
| Commercial Operations | $8.75M+0.9% | $8.67M+10.3% | $7.87M+26.0% | $6.24M+55.3% | $4.02M-11.7% | |
| Government Operations | $18.53M-3.1% | $19.12M+1.9% | $18.76M-2.4% | $19.22M+6.2% | $18.1M+12.5% | |
| Concentration risk percentage by Business | ||||||
| Commercial Operations | 61%+54.0pp | 7%-38.0pp | 45%-15.0pp | 60%-13.0pp | 73%— | |
| Government Operations | 89%+88.0pp | 1%-90.0pp | 91%+5.0pp | 86%-6.0pp | 92%+90.0pp | |
| Revenue by Product | ||||||
| Advanced Reactor Design and Engineering | $28.22M-42.4% | $48.98M+72.5% | $28.4M-26.6% | $38.72M+24.7% | $31.04M-38.2% | |
| Nuclear Components and Fuel | $448.41M+2.7% | $436.42M-11.0% | $490.35M+14.4% | $428.55M-2.8% | $441.08M-3.4% | |
| Nuclear Manufacturing | $120.21M-10.8% | $134.81M+30.3% | $103.43M-1.3% | $104.78M+21.5% | $86.21M-7.6% | |
| Nuclear Services and Engineering | $163.44M+0.4% | $162.84M+10.4% | $147.55M+107% | $71.36M+69.5% | $42.1M-28.6% | |
| Uranium Processing and Nuclear Services | $101.28M-2.4% | $103.75M+5.9% | $97.95M-19.5% | $121.69M+46.3% | $83.17M-5.8% | |
| Revenue by Geography | ||||||
| Canada | $232.62M-5.5% | $246.05M+23.3% | $199.55M+41.3% | $141.24M+38.8% | $101.78M-19.8% | |
| Other | $30.08M+10.5% | $27.21M+11.3% | $24.44M+58.8% | $15.39M-5.0% | $16.19M+33.2% | |
| United States | $598.85M-2.4% | $613.54M-4.7% | $643.68M+5.8% | $608.47M+7.6% | $565.63M-7.0% | |
| Property, Plant and Equipment, Net by Geography | ||||||
| All Other Countries | $14.16M+8.6% | $13.04M+9.9% | $11.87M+0.2% | $11.84M— | —— | |
| Canada | $702.37M+0.1% | $701.72M+3.7% | $676.65M-2.0% | $690.44M+45.6% | $474.19M+2.5% | |
| United States | $879.58M+1.1% | $870.37M+2.7% | $847.84M+1.5% | $835.49M+1.7% | $821.45M+1.0% |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does BWX Technologies break its business down?
- BWX Technologies (BWXT) reports revenue by business across 2 parts — Commercial Operations and Government Operations. Each is extracted from the segment footnotes and tracked over time.
- Where does BWX Technologies's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in BWX Technologies's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.
