BWX Technologies, Inc. Q2 2026 Earnings Release

BWX Technologies, Inc. reported strong second quarter 2026 financial results, exceeding expectations. Revenues increased by 18% to $901.6 million, driven by a 72% surge in Commercial Operations to $302.5 million, while Government Operations saw a modest 2% increase to $601.3 million. Net income rose 14% to $89.1 million, with diluted GAAP EPS at $0.97. The company announced the sale of its medical business to focus on core nuclear markets and completed the acquisition of Precision Components Group, LLC (PCG). BWX Technologies is raising its full-year 2026 guidance for adjusted EBITDA to $662-$672 million, non-GAAP EPS to $4.70-$4.80, and free cash flow to $345-$360 million, reflecting strong performance and strategic initiatives. The company paid a quarterly dividend of $0.27 per common share.