Filing Flows › BWX Technologies (BWXT) › Q2 2025
BWX Technologies (BWXT) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 4, 2025
BWX Technologies (BWXT) reported revenue of $764M for the second quarter 2025 (Q2 2025), +12% from a year earlier and +12% from the quarter before. Operating margin was 13.4%, net earnings $78.5M (10.3% of revenue).
BWX Technologies, Q2 2025: revenue $764M (+12% year over year), operating margin 13.4%, net earnings $78.5M, operating cash flow $159M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $764M | +12% | +12% |
| Operating profit | $102M | +6% | +4% |
| Net earnings | $78.5M | +4% | +7% |
| Operating cash flow | $159M | +214% | +141% |
| Free cash flow | $126M | — | — |
What changed
Revenue was $764.0M in Q2 2025, up 12% year over year and up 12% from the previous quarter.
Operating profit was $102.4M, a 13.4% margin (down 1.1 points year over year). Of the extra revenue versus a year earlier, 4% reached operating profit, below the 14% margin then. Total costs grew 14% against revenue growth of 12%. Net earnings were $78.4M, up 7% year over year. The effective tax rate was 19.7%.
Operating cash flow was $159.0M (up 141% year over year), 203% of net earnings. Non-cash charges added back $27.3M of depreciation and amortization and $8.7M of share-based compensation. Working capital and other items added $44.6M. After purchases of Property, Plant and Equipment ($32.7M), free cash flow as the company reports it was $126.3M.
Questions
What was BWX Technologies' revenue in the second quarter 2025?
BWX Technologies (BWXT) reported revenue of $764M for the second quarter 2025 (Q2 2025), +12% from a year earlier and +12% from the quarter before.
Was BWX Technologies profitable in the second quarter 2025?
Operating profit was $102M (13.4% of revenue) and net earnings $78.5M.
Source: BWX Technologies 10-Q on SEC EDGAR.