Filing Flows › BWX Technologies (BWXT) › Q2 2026
BWX Technologies (BWXT) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 3, 2026
BWX Technologies (BWXT) reported revenue of $902M for the second quarter 2026 (Q2 2026), +18% from a year earlier and +5% from the quarter before. Operating margin was 12.7%, net earnings $89.1M (9.9% of revenue).
BWX Technologies, Q2 2026: revenue $902M (+18% year over year), operating margin 12.7%, net earnings $89.1M, operating cash flow $156M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $902M | +5% | +18% |
| Operating profit | $114M | +7% | +11% |
| Net earnings | $89.1M | -2% | +14% |
| Operating cash flow | $156M | +69% | -2% |
| Free cash flow | $115M | — | — |
What changed
Revenue was $901.6M in Q2 2026, up 18% year over year and up 5% from the previous quarter.
Operating profit was $114.1M, a 12.7% margin (down 0.7 points year over year). Of the extra revenue versus Q2 2025, 9% reached operating profit, below the 13% margin then. Total costs grew 19% against revenue growth of 18%. Net earnings were $89.0M, up 14% year over year. The effective tax rate was 21.6%.
Operating cash flow was $156.4M (down 2% year over year), 176% of net earnings. Non-cash charges added back $31.4M of depreciation and amortization and $9.9M of share-based compensation. Working capital and other items added $26.0M. After purchases of Property, Plant and Equipment ($41.4M), free cash flow as the company reports it was $115.0M.
Questions
What was BWX Technologies' revenue in the second quarter 2026?
BWX Technologies (BWXT) reported revenue of $902M for the second quarter 2026 (Q2 2026), +18% from a year earlier and +5% from the quarter before.
Was BWX Technologies profitable in the second quarter 2026?
Operating profit was $114M (12.7% of revenue) and net earnings $89.1M.
Source: BWX Technologies 10-Q on SEC EDGAR.