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+88.4% | $853.07M+62.8% | $707.75M+42.8% | $569.89M+15.1% | $535.24M+12.8% | |
| Government Operations | $2.37B+5.4% | $2.35B+7.7% | $2.36B+7.6% | $2.3B+9.1% | $2.25B+9.4% | |
| Total operating income by Business | ||||||
| Commercial Operations | $75.29M+68.5% | $57.73M+23.3% | $52.17M+9.0% | $34.94M-30.4% | $44.69M+0.2% | |
| Government Operations | $396.24M+1.6% | $394.85M+4.5% | $402.59M+1.6% | $406.83M+7.0% | $389.94M+5.4% | |
| Costs and Expenses, Adjusted by Business | ||||||
| Commercial Operations | $937.27M+91.1% | $797.61M+67.2% | $656.85M+47.0% | $535.14M+19.5% | $490.55M+14.1% | |
| Government Operations | $2.05B+6.9% | $2.03B+9.0% | $2.02B+14.0% | $1.96B+13.3% | $1.92B+13.3% | |
| Other segment expenses by Business | ||||||
| Commercial Operations | $931.07M+90.5% | $792.1M+66.4% | $651.43M+46.0% | $530.85M+18.8% | $488.8M+13.9% | |
| Government Operations | $2.04B+6.6% | $2.02B+9.3% | $2.02B+14.1% | $1.95B+13.4% | $1.92B+13.5% | |
| Equity in Income of Investees: by Business | ||||||
| Commercial Operations | $4.16M— | $2.27M— | $1.27M— | $183K— | $0— | |
| Government Operations | $75.73M+27.7% | $72.64M+29.9% | $70.69M+33.3% | $66.09M+31.7% | $59.32M+15.6% | |
| Research and development costs by Business | ||||||
| Commercial Operations | $6.08M+260% | $5.51M+370% | $5.35M+645% | $4.22M+474% | $1.69M+86.1% | |
| Government Operations | $9.87M+56.5% | $8.36M+32.6% | $7.35M+21.9% | $7.08M+21.4% | $6.31M+0.3% | |
| Total Capital Expenditures by Business | ||||||
| Commercial Operations | $78.16M+29.3% | $77.08M+27.2% | $70.9M+30.5% | $63.6M+18.7% | $60.46M+13.3% | |
| Government Operations | $107.04M+28.4% | $98.45M+21.2% | $88.02M+15.6% | $84.75M+10.6% | $83.36M-2.1% | |
| Total Depreciation and Amortization by Business | ||||||
| Commercial Operations | $31.53M+82.4% | $26.8M+51.3% | $22.68M+28.9% | $19.13M+8.0% | $17.28M-2.6% | |
| Government Operations | $75.64M+16.6% | $75.2M+23.2% | $72.16M+23.8% | $68.68M+21.9% | $64.89M+19.6% | |
| Concentration risk percentage by Business | ||||||
| Commercial Operations | 173%— | 185%— | —— | —— | —— | |
| Government Operations | 267%-12.0pp | 270%-10.0pp | 271%-30.3pp | 272%+39.5pp | 279%+116pp | |
| Revenue by Product | ||||||
| Advanced Reactor Design and Engineering | $144.31M-23.4% | $147.14M-27.8% | $148.4M-21.8% | $175.51M+3.1% | $188.4M+21.7% | |
| Nuclear Components and Fuel | $1.8B+2.5% | $1.8B+6.2% | $1.82B+10.9% | $1.77B+10.3% | $1.76B+11.2% | |
| Nuclear Manufacturing | $463.22M+47.5% | $429.22M+48.6% | $387.74M+53.0% | $348.23M+40.7% | $314.04M+33.7% | |
| Nuclear Services and Engineering | $545.19M+146% | $423.85M+80.2% | $320.01M+36.3% | $221.66M-9.2% | $221.2M-4.6% | |
| Uranium Processing and Nuclear Services | $424.67M+39.8% | $406.56M+41.7% | $391.06M+45.9% | $358.24M+31.7% | $303.77M+10.9% | |
| Revenue by Geography | ||||||
| Canada | $819.45M+87.1% | $688.61M+59.7% | $569.39M+39.6% | $458.55M+11.2% | $438M+11.7% | |
| Other | $97.11M+82.4% | $83.23M+82.7% | $68.17M+40.9% | $56.77M+32.5% | $53.25M+29.9% | |
| United States | $2.46B+7.4% | $2.43B+9.0% | $2.43B+8.8% | $2.35B+9.6% | $2.3B+9.3% | |
| Property, Plant and Equipment, Net by Geography | ||||||
| All Other Countries | $50.91M— | —— | —— | —— | —— | |
| Canada | $2.77B+48.8% | $2.54B+37.4% | $2.3B+25.9% | $2.09B— | $1.86B— | |
| United States | $3.43B+5.3% | $3.38B+3.7% | $3.32B+2.9% | $3.28B— | $3.26B— |
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.
