The earnings call presented a positive outlook with record backlog growth, strategic acquisitions, and robust performance in Government and Technical Services driving raised revenue and earnings guidance. Despite challenges in Commercial Operations, the overall sentiment of the call leans positive.

Company Guidance -

Q3 2025

During the BWX Technologies (BWXT) Second Quarter 2025 earnings call, the company provided optimistic guidance, highlighting several key metrics and developments. The company reported double-digit growth in adjusted EBITDA and earnings per share, alongside robust free cash flow. Backlog reached $6 billion, representing a 23% increase quarter-over-quarter and a 70% increase year-over-year. Government Operations revenue rose by 9%, with adjusted EBITDA up 23%, driven by strong execution and the Naval Propulsion business's focus on operational excellence. BWXT also noted a $2.6 billion pricing agreement for naval nuclear reactor components over the next eight years, contributing to a Government Operations backlog of $4.4 billion. The Commercial Operations segment reported 24% revenue growth, supported by the Kinectrics acquisition and double-digit growth in Medical, although organic revenue was down 3%. The company raised its full-year guidance, now expecting revenue of approximately $3.1 billion, adjusted EBITDA between $565 million and $575 million, and adjusted EPS between $3.65 and $3.75. The free cash flow guidance was also increased to a range of $275 million to $285 million.

Exceeded Expectations in Q2 2025

Second quarter financial results exceeded expectations, driven by strong execution and pacing of work in Government Operations, featuring double-digit adjusted EBITDA and earnings per share growth.

Significant Backlog Growth

Backlog grew to $6 billion, up 23% quarter-over-quarter and 70% year-over-year, with growth in both segments. Organic book-to-bill was 2.2% in the quarter.

Government Operations Revenue and Contract Wins

Government Operations revenue was up 9% and adjusted EBITDA up 23%. A $2.6 billion pricing agreement for naval nuclear reactor components was signed, driving Government Operations backlog to $4.4 billion.

Strategic Acquisition of Kinectrics

Closed the acquisition of Kinectrics in May, bringing a workforce of over 1,300 employees and broadening life of plant services capabilities in the nuclear power and energy infrastructure markets.

Strong Performance in Technical Services

Technical Services results were strong with operating income up over 20% compared to the average quarterly rate over the last year.

Raised Full Year Guidance

Increased guidance for revenue to approximately $3.1 billion, adjusted EBITDA to $565 million to $575 million, and earnings per share to $3.65 to $3.75.

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	$154.51	$182.00	+17.79%
May 05, 2025	$111.75	$107.88	-3.46%
Feb 24, 2025	$99.41	$103.56	+4.17%
Nov 04, 2024	$118.87	$116.16	-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 (BWXT) report earnings?

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

What is BWX Technologies (BWXT) earnings time?

BWX Technologies (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.

Become an Expert with TipRanks Premium

What am I Missing?

Make informed decisions based on Top Analysts' activity

Know what industry insiders are buying

Get actionable alerts from top Wall Street Analysts

Find out before anyone else which stock is going to shoot up

Get powerful stock screeners & detailed portfolio analysis

Subscribe Now See Plans & Pricing