BWX Technologies BWXT Business Segments
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Revenue by Business | ||||||
| Commercial Operations | $283.65M+121% | $297.65M+95.4% | $250.97M+122% | $176.14M+24.5% | $128.31M+9.6% | |
| Government Operations | $577.9M+4.1% | $589.15M-1.0% | $616.7M+10.1% | $588.96M+8.9% | $555.29M+14.0% | |
| Total operating income by Business | ||||||
| Commercial Operations | $24.03M+272% | $20.43M+37.4% | $23.96M+256% | $6.88M-58.6% | $6.47M-24.7% | |
| Government Operations | $99.14M+1.4% | $90.31M-7.9% | $97.37M-4.2% | $109.42M+18.3% | $97.75M+14.1% | |
| Costs and Expenses, Adjusted by Business | ||||||
| Commercial Operations | $261.51M+115% | $278.22M+102% | $228.1M+114% | $169.45M+35.7% | $121.84M+12.4% | |
| Government Operations | $498.44M+5.1% | $516.58M+0.8% | $539.46M+13.8% | $497.9M+8.3% | $474.13M+14.3% | |
| Other segment expenses by Business | ||||||
| Commercial Operations | $260.25M+115% | $277.33M+103% | $226.7M+114% | $166.79M+33.7% | $121.28M+11.9% | |
| Government Operations | $495.47M+3.8% | $514.22M+1.2% | $537.38M+13.8% | $495.98M+8.1% | $477.11M+15.5% | |
| Gain (Loss) on Sale of Assets and Asset Impairment Charges by Business | ||||||
| Commercial Operations | -$125K— | —— | -$1K— | -$13K-750% | $0— | |
| Government Operations | $0-100% | —— | $0— | $0-100% | $4.43M— | |
| Equity in Income of Investees: by Business | ||||||
| Commercial Operations | $1.89M— | $1M— | $1.09M— | $183K— | $0— | |
| Government Operations | $19.68M+18.6% | $17.56M+12.5% | $20.13M+29.6% | $18.36M+58.5% | $16.59M+25.6% | |
| Research and development costs by Business | ||||||
| Commercial Operations | $1.14M+102% | $904K+21.7% | $1.4M+417% | $2.64M+2,197% | $562K+1,207% | |
| Government Operations | $2.96M+104% | $2.91M+53.5% | $2.08M+14.9% | $1.92M+66.4% | $1.45M+0.3% | |
| Total Capital Expenditures by Business | ||||||
| Commercial Operations | $14.29M+8.2% | $25.8M+31.5% | $21.37M+51.8% | $16.7M+23.2% | $13.21M-1.0% | |
| Government Operations | $27.1M+46.5% | $38.47M+37.2% | $25.7M+14.6% | $15.77M+9.7% | $18.5M+12.9% | |
| Total Depreciation and Amortization by Business | ||||||
| Commercial Operations | $8.75M+118% | $8.67M+90.5% | $7.87M+82.4% | $6.24M+42.0% | $4.02M-9.6% | |
| Government Operations | $18.53M+2.4% | $19.12M+18.9% | $18.76M+22.8% | $19.22M+24.6% | $18.1M+27.1% | |
| Concentration risk percentage by Business | ||||||
| Commercial Operations | 61%-12.0pp | 7%— | 45%-30.0pp | 60%-15.0pp | 73%-3.0pp | |
| Government Operations | 89%-3.0pp | 1%-1.0pp | 91%-1.0pp | 86%-7.0pp | 92%-1.0pp | |
| Revenue by Product | ||||||
| Advanced Reactor Design and Engineering | $28.22M-9.1% | $48.98M-2.5% | $28.4M-48.8% | $38.72M-25.0% | $31.04M-33.2% | |
| Nuclear Components and Fuel | $448.41M+1.7% | $436.42M-4.4% | $490.35M+11.6% | $428.55M+1.5% | $441.08M+17.9% | |
| Nuclear Manufacturing | $120.21M+39.4% | $134.81M+44.4% | $103.43M+61.8% | $104.78M+48.4% | $86.21M+41.5% | |
| Nuclear Services and Engineering | $163.44M+288% | $162.84M+176% | $147.55M+200% | $71.36M+0.7% | $42.1M-25.0% | |
| Uranium Processing and Nuclear Services | $101.28M+21.8% | $103.75M+17.6% | $97.95M+50.4% | $121.69M+81.0% | $83.17M+25.2% | |
| Revenue by Geography | ||||||
| Canada | $232.62M+129% | $246.05M+94.0% | $199.55M+125% | $141.24M+17.0% | $101.78M+7.1% | |
| Other | $30.08M+85.8% | $27.21M+124% | $24.44M+87.5% | $15.39M+29.6% | $16.19M+90.7% | |
| United States | $598.85M+5.9% | $613.54M+0.9% | $643.68M+12.6% | $608.47M+10.7% | $565.63M+13.0% | |
| Property, Plant and Equipment, Net by Geography | ||||||
| All Other Countries | $14.16M— | $13.04M+488% | $11.87M+435% | $11.84M+434% | —— | |
| Canada | $702.37M+48.1% | $701.72M+51.7% | $676.65M+46.3% | $690.44M+49.3% | $474.19M+2.5% | |
| United States | $879.58M+7.1% | $870.37M+7.0% | $847.84M+4.2% | $835.49M+2.7% | $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.
