- 1Q25 revenues of $682.3 million
- 1Q25 net income of $75.5 million, adjusted EBITDA(1) of $129.8 million
- 1Q25 diluted GAAP EPS of $0.82, non-GAAP(1) EPS of $0.91
- Acquisition of Kinectrics Inc. on track to close in mid-2025
- Land purchase in Oak Ridge, Tennessee to ultimately support the U.S. Department of Energy’s National Nuclear Security Administration Domestic Uranium Enrichment Centrifuge Experiment
- Reaffirms 2025 non-GAAP EPS(1) guidance of $3.40-$3.55
LYNCHBURG, Va.–(BUSINESS WIRE)–May 5, 2025– BWX Technologies, Inc. (NYSE: BWXT) (“BWXT”, “we”, “us” or the “Company”) reported first quarter 2025 results. A reconciliation of non-GAAP results is detailed in Exhibit 1.
“We had a solid start to 2025 with financial results that were ahead of expectations, driven by an increased pace of work and good operational performance,” said Rex D. Geveden, president and chief executive officer. “We had another quarter of strong Commercial backlog growth and see robust opportunities for growth in our Government markets, highlighted by our recent land purchase to support the National Nuclear Security Administration’s domestic uranium enrichment program.”
