Highlights:
- 3Q26 revenues of $953.0 million
- 3Q26 net income of $102.0 million, adjusted EBITDA of $179.7 million
- 3Q26 diluted GAAP EPS of $1.11, non-GAAP EPS of $1.26
- BWXT Advanced Nuclear Reactor (BANR) technology selected for the U.S. Army’s Janus Program at Fort Campbell and Prodigy Clean Energy’s Transportable Nuclear Power Plant project in Canada
- Tightening 2026 non-GAAP EPS guidance to $4.72-$4.77 and free cash flow(1) to $350 million-$360 million, with adjusted EBITDA at the mid-point of the prior range
- Introducing preliminary 2027 outlook calling for high-single-digit revenue growth, and high-single-digit to low-double-digit adjusted EBITDA and non-GAAP EPS(1) growth; adjusted EBITDA(1) growth ahead of the framework provided at 2026 Investor Day
(LYNCHBURG, Va. – Nov. 2, 2026) BWX Technologies, Inc. (NYSE: BWXT) (“BWXT”, “we”, “us” or the “Company”) reported third quarter 2026 results. A reconciliation of non-GAAP results is detailed in Exhibit 1.
“We had strong third quarter 2026 earnings performance, highlighting our intense focus on operational excellence and cash generation,” said Rex. D. Geveden, president and chief executive officer.
“We are in the early-stages of a multi-decadal investment cycle as our customers seek to address economic security, national security, and energy security challenges with nuclear solutions,” continued Geveden. “BWXT is well positioned to benefit from these trends, with deep technical capabilities across the nuclear value chain, unmatched infrastructure, and over 11,000 employees dedicated to serving our customers in nuclear national security and commercial power markets.”