BWX Technologies BWXT Business Segments
| TTM Q1 '26 | TTM Q4 '25 | TTM Q3 '25 | TTM Q2 '25 | TTM Q1 '25 | ||
|---|---|---|---|---|---|---|
| Revenue by Business | ||||||
| Commercial Operations | $1.01B+18.2% | $853.07M+20.5% | $707.75M+24.2% | $569.89M+6.5% | $535.24M+2.2% | |
| Government Operations | $2.37B+1.0% | $2.35B-0.2% | $2.36B+2.5% | $2.3B+2.1% | $2.25B+3.1% | |
| Total operating income by Business | ||||||
| Commercial Operations | $75.29M+30.4% | $57.73M+10.7% | $52.17M+49.3% | $34.94M-21.8% | $44.69M-4.5% | |
| Government Operations | $396.24M+0.4% | $394.85M-1.9% | $402.59M-1.0% | $406.83M+4.3% | $389.94M+3.2% | |
| Costs and Expenses, Adjusted by Business | ||||||
| Commercial Operations | $937.27M+17.5% | $797.61M+21.4% | $656.85M+22.7% | $535.14M+9.1% | $490.55M+2.8% | |
| Government Operations | $2.05B+1.2% | $2.03B+0.2% | $2.02B+3.3% | $1.96B+2.0% | $1.92B+3.2% | |
| Other segment expenses by Business | ||||||
| Commercial Operations | $931.07M+17.5% | $792.1M+21.6% | $651.43M+22.7% | $530.85M+8.6% | $488.8M+2.7% | |
| Government Operations | $2.04B+0.9% | $2.02B+0.3% | $2.02B+3.3% | $1.95B+1.9% | $1.92B+3.5% | |
| Equity in Income of Investees: by Business | ||||||
| Commercial Operations | $4.16M+83.3% | $2.27M+78.9% | $1.27M+593% | $183K— | $0— | |
| Government Operations | $75.73M+4.2% | $72.64M+2.8% | $70.69M+7.0% | $66.09M+11.4% | $59.32M+6.1% | |
| Research and development costs by Business | ||||||
| Commercial Operations | $6.08M+10.4% | $5.51M+3.0% | $5.35M+26.8% | $4.22M+149% | $1.69M+44.3% | |
| Government Operations | $9.87M+18.1% | $8.36M+13.8% | $7.35M+3.8% | $7.08M+12.2% | $6.31M+0.1% | |
| Total Capital Expenditures by Business | ||||||
| Commercial Operations | $78.16M+1.4% | $77.08M+8.7% | $70.9M+11.5% | $63.6M+5.2% | $60.46M-0.2% | |
| Government Operations | $107.04M+8.7% | $98.45M+11.8% | $88.02M+3.9% | $84.75M+1.7% | $83.36M+2.6% | |
| Total Depreciation and Amortization by Business | ||||||
| Commercial Operations | $31.53M+17.6% | $26.8M+18.2% | $22.68M+18.6% | $19.13M+10.7% | $17.28M-2.4% | |
| Government Operations | $75.64M+0.6% | $75.2M+4.2% | $72.16M+5.1% | $68.68M+5.8% | $64.89M+6.3% | |
| Concentration risk percentage by Business | ||||||
| Commercial Operations | 173%-12.0pp | 185%— | —— | —— | —— | |
| Government Operations | 267%-3.0pp | 270%-1.0pp | 271%-1.0pp | 272%-7.0pp | 279%-1.0pp | |
| Revenue by Product | ||||||
| Advanced Reactor Design and Engineering | $144.31M-1.9% | $147.14M-0.8% | $148.4M-15.4% | $175.51M-6.8% | $188.4M-7.6% | |
| Nuclear Components and Fuel | $1.8B+0.4% | $1.8B-1.1% | $1.82B+2.9% | $1.77B+0.4% | $1.76B+3.9% | |
| Nuclear Manufacturing | $463.22M+7.9% | $429.22M+10.7% | $387.74M+11.3% | $348.23M+10.9% | $314.04M+8.8% | |
| Nuclear Services and Engineering | $545.19M+28.6% | $423.85M+32.4% | $320.01M+44.4% | $221.66M+0.2% | $221.2M-6.0% | |
| Uranium Processing and Nuclear Services | $424.67M+4.5% | $406.56M+4.0% | $391.06M+9.2% | $358.24M+17.9% | $303.77M+5.8% | |
| Revenue by Geography | ||||||
| Canada | $819.45M+19.0% | $688.61M+20.9% | $569.39M+24.2% | $458.55M+4.7% | $438M+1.6% | |
| Other | $97.11M+16.7% | $83.23M+22.1% | $68.17M+20.1% | $56.77M+6.6% | $53.25M+16.9% | |
| United States | $2.46B+1.4% | $2.43B+0.2% | $2.43B+3.1% | $2.35B+2.6% | $2.3B+2.9% | |
| Property, Plant and Equipment, Net by Geography | ||||||
| All Other Countries | $50.91M— | —— | —— | —— | —— | |
| Canada | $2.77B+9.0% | $2.54B+10.4% | $2.3B+10.2% | $2.09B+12.2% | $1.86B+0.6% | |
| United States | $3.43B+1.7% | $3.38B+1.7% | $3.32B+1.1% | $3.28B+0.7% | $3.26B+0.2% |
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.
