BWXT·Nuclear — components & fuel (naval reactors, TRISO/HALEU fuel, medical isotopes, SMR/microreactor)

BWX Technologies, Inc.

ConvictionModerate

Cost-plus + fixed-price government defense/energy contracts (Naval Nuclear Propulsion Program prime supplier) plus commercial nuclear components, fuel handling, and isotope product sales; long-cycle, backlog-driven, recurring.

Revenue

$3.20B FY2025+18% YoY); $3.38B TTM through Q1 2026; FY2026 guide >$3.75B

Rev growth

+18% FY2025+26% YoY Q1 2026 (11% organic

Gross margin

not separately disclosedreported by segment op income); consolidated operating margin ~14%

Op margin

~14% consolidatedGov Ops ~17% (Q1'26 $99.1M op income / $577.9M rev), Commercial ~8.5% (Q1'26 $24.0M / $283.6M

Capex intensity

Elevated — multi-year growth capex for naval program capacityCambridge expansion) and a new Mount Vernon, Indiana greenfield (~2x Cambridge spend, 2–3 yr build

Market cap

~$18.1BJun 2026

Price · 1-year trend

real · weekly

$198+38% 1yUSD

52-week range

$137 – $236

52w lowas of 2026-06-28 · Yahoo Finance52w high

The read

Where our coverage leans

Coverage leans bullish

Members only

Full financial intelligence for BWX Technologies, Inc.

Earnings, margins & COGS, the income-statement breakdown, SWOT, moats & dependencies, the supplier–customer ecosystem graph, top signals & trends, and the valuation range.

Income statement & margin structure
SWOT, moats & dependency map
Supplier–customer ecosystem graph
Signals, trends & valuation range

See plans

Not investment advice — analyst work product for a qualified professional.· intel vintage Q2 2026· sign in (free) for the analyst summary; Pro unlocks full intelligence