Filing Flows › BWX Technologies (BWXT) › Q1 2025
BWX Technologies (BWXT) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 5, 2025
BWX Technologies (BWXT) reported revenue of $682M for the first quarter 2025 (Q1 2025), +13% from a year earlier and -9% from the quarter before. Operating margin was 14.2%, net earnings $75.5M (11.1% of revenue).
BWX Technologies, Q1 2025: revenue $682M (+13% year over year), operating margin 14.2%, net earnings $75.5M, operating cash flow $50.6M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $682M | -9% | +13% |
| Operating profit | $96.6M | +5% | +4% |
| Net earnings | $75.5M | +6% | +10% |
| Operating cash flow | $50.6M | -82% | +53% |
| Free cash flow | $17.2M | — | — |
What changed
Revenue was $682.3M in Q1 2025, up 13% year over year and down 9% from the previous quarter.
Operating profit was $96.6M, a 14.2% margin (down 1.2 points year over year). Of the extra revenue versus a year earlier, 5% reached operating profit, below the 15% margin then. Total costs grew 15% against revenue growth of 13%. Net earnings were $75.5M, up 10% year over year. The effective tax rate was 17.7%.
Operating cash flow was $50.6M (up 53% year over year), 67% of net earnings. Non-cash charges added back $23.9M of depreciation and amortization and $5.0M of share-based compensation. Working capital and other items used $53.8M. After purchases of Property, Plant and Equipment ($33.4M), free cash flow as the company reports it was $17.2M.
Questions
What was BWX Technologies' revenue in the first quarter 2025?
BWX Technologies (BWXT) reported revenue of $682M for the first quarter 2025 (Q1 2025), +13% from a year earlier and -9% from the quarter before.
Was BWX Technologies profitable in the first quarter 2025?
Operating profit was $96.6M (14.2% of revenue) and net earnings $75.5M.
Source: BWX Technologies 10-Q on SEC EDGAR.