The earnings call highlighted BWX Technologies' strong financial performance, significant backlog growth, and strategic acquisitions, indicating a positive outlook for the company. However, challenges in commercial operations and a decline in field services were noted. Overall, the positive elements, particularly in government operations and medical growth, outweighed the lowlights.

Company Guidance

During BWX Technologies' second quarter 2025 earnings call, the company reported robust financial performance, with notable increases in several key metrics. The second quarter results exceeded expectations, showcasing double-digit growth in adjusted EBITDA and earnings per share, alongside strong free cash flow generation. The backlog swelled to $6 billion, reflecting a 23% quarter-over-quarter and a 70% year-over-year increase, driven by a healthy book-to-bill ratio of 2.2%. Government Operations revenue rose by 9%, and adjusted EBITDA surged by 23%, with significant contributions from the special materials portfolio and the Naval Propulsion business. Meanwhile, Commercial Operations reported a 24% revenue increase, though on an organic basis, revenue dipped by 3%. The company raised its full-year 2025 guidance, expecting revenue to reach approximately $3.1 billion, adjusted EBITDA to range between $565 million and $575 million, and adjusted earnings per share to land between $3.65 and $3.75. Free cash flow guidance was also increased to a range of $275 million to $285 million.

Record Backlog Growth

Backlog grew to $6 billion, a 23% increase quarter-over-quarter and 70% year-over-year, with growth in both segments.

Strong Financial Performance

Second quarter revenue was $764 million, up 12%. Adjusted EBITDA was $146 million, up 16% year-over-year, with adjusted earnings per share up 24%.

Government Operations Success

Government Operations revenue increased by 9%, with adjusted EBITDA up 23%. Backlog in this segment grew to $4.4 billion, up 24% sequentially.

Significant Contract Wins

Signed a $2.6 billion agreement for naval nuclear reactor components over the next eight years, with over $1 billion in orders booked in the second quarter.

Kinectrics Acquisition

Completed the acquisition of Kinectrics, significantly broadening life-of-plant services capabilities in the nuclear power and energy infrastructure markets.

Medical Segment Growth

BWXT Medical delivered double-digit revenue growth, driven by PET diagnostic product lines and TheraSphere, supporting expectations for over 20% growth this year.

BWX Technologies (BWXT) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

BWXT Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 04, 2025	2025 (Q3)	0.86 / -	0.83	―	―	―
Aug 04, 2025	2025 (Q2)	0.79 / 1.02	0.82	24.39% (+0.20)
May 05, 2025	2025 (Q1)	0.77 / 0.91	0.76	19.74% (+0.15)
Feb 24, 2025	2024 (Q4)	0.81 / 0.92	1.01	-8.91% (-0.09)
Nov 04, 2024	2024 (Q3)	0.77 / 0.83	0.67	23.88% (+0.16)
Aug 05, 2024	2024 (Q2)	0.74 / 0.82	0.65	26.15% (+0.17)
May 06, 2024	2024 (Q1)	0.69 / 0.76	0.7	8.57% (+0.06)
Feb 27, 2024	2023 (Q4)	0.93 / 1.01	0.93	8.60% (+0.08)
Nov 01, 2023	2023 (Q3)	0.65 / 0.67	0.69	-2.90% (-0.02)
Aug 03, 2023	2023 (Q2)	0.59 / 0.65	0.82	-20.73% (-0.17)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

BWXT Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 04, 2025	$154.29	$181.74	+17.79%
May 05, 2025	$111.59	$107.73	-3.46%
Feb 24, 2025	$99.27	$103.41	+4.17%
Nov 04, 2024	$118.70	$115.99	-2.28%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Bwx Technologies Inc (BWXT) report earnings?

Bwx Technologies Inc (BWXT) is schdueled to report earning on Nov 04, 2025, After Close (Confirmed).

What is Bwx Technologies Inc (BWXT) earnings time?

Bwx Technologies Inc (BWXT) earnings time is at Nov 04, 2025, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is BWXT EPS forecast?

BWXT EPS forecast for the fiscal quarter 2025 (Q3) is 0.86.

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