BWX Technologies Q3 revenue rises 29% to $866.3 million; raises 2025 EPS guidance
BWX Technologies reported third-quarter 2025 revenue of $866.3 million, up 29% from $672.0 million a year earlier, and GAAP diluted EPS of $0.89, up from $0.76. The company raised its 2025 non-GAAP EPS guidance to $3.75-$3.80 from $3.65-$3.75 and introduced a preliminary 2026 outlook for low-double-digit to low-teens adjusted EBITDA growth, which gives shareholders higher earnings expectations for the year.
Key points
- Revenue was $866.3 million versus $672.0 million a year earlier; Commercial Operations revenue rose 122% to $251.0 million.
- GAAP net income was $82.2 million versus $69.6 million, and non-GAAP EPS was $1.00 versus $0.83.
- 2025 non-GAAP EPS guidance was raised to $3.75-$3.80 from $3.65-$3.75; adjusted EBITDA guidance was narrowed to about $570 million, the mid-point of the prior range.
- Backlog reached $7.4 billion, up 119% year over year, driven by large, multi-year special materials projects.
The filing
Written by AI on Nov 8, 2026, 12:56 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 03, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.