BWX Technologies Reports Q3 2026 Revenue Growth and Raises Free Cash Flow Guidance
BWX Technologies (BWXT) reported third-quarter revenue of $953 million, representing a 10% year-over-year increase. The company's growth was fueled by strong performance in its Commercial Operations segment, which saw a 25% revenue rise driven by expanded manufacturing capacity in Canada for reactor refurbishments and small modular reactors (SMRs). On the defense side, the Government Operations segment benefited from scaling high-purity depleted uranium (HPDU) programs. To meet long-term demand under a $1.6 billion contract, the company has begun constructing a new large-scale manufacturing facility in Jonesborough, Tennessee. Management also raised its full-year free cash flow guidance to a range of $350 million to $360 million.
Tickers: $BWXT
Topics: defense contracts earnings report free cash flow guidance nuclear energy revenue growth