BWX Technologies, Inc. filed its Form 10-Q for the quarterly period ended September 30, 2026 with the Securities and Exchange Commission on November 2, 2026, disclosing condensed consolidated financial statements and related management discussion for the three and nine months ended September 30, 2026.

Key Highlights

  • Quarterly revenues: BWX Technologies reported revenues of $952,972 thousand for the three months ended September 30, 2026, compared with $866,286 thousand in the same period of 2025.
  • Net income attributable to BWX Technologies, Inc.: $101,712 thousand for Q3 2026, up from $82,106 thousand in Q3 2025.
  • Diluted earnings per share: $1.11 for the three months ended September 30, 2026, compared with $0.89 in the prior-year quarter.
  • Nine-month revenues: $2,714,814 thousand for the nine months ended September 30, 2026, versus $2,312,583 thousand for the same period in 2025.
  • Total assets: $4,754,294 thousand as of September 30, 2026, compared with $4,271,495 thousand as of December 31, 2025.
  • Assets and liabilities of business held for sale: The balance sheet reflects $40,822 thousand in current assets of business held for sale and $659,531 thousand in non-current assets of business held for sale as of September 30, 2026, with no corresponding balances as of December 31, 2025.
  • Shares outstanding: 91,625,197 shares of common stock were outstanding as of October 30, 2026, according to the filing.

BWX Technologies Q3 2026 Financial Performance and Balance Sheet Position

According to the filing, BWX Technologies (NYSE:BWXT), a Delaware-incorporated company headquartered in Lynchburg, Virginia, reported operating income of $132,077 thousand for the three months ended September 30, 2026, compared with $113,349 thousand in Q3 2025. The company's cost of operations for the quarter was $725,828 thousand, and selling, general and administrative expenses were $117,222 thousand, both figures drawn directly from the condensed consolidated statements of income included in the filing.

For the nine months ended September 30, 2026, the filing shows net income attributable to BWX Technologies, Inc. of $281,797 thousand, compared with $235,956 thousand for the same period in 2025. The filing also discloses equity in income of investees of $25,983 thousand for Q3 2026 and $71,976 thousand for the nine-month period, reflecting the company's interests in unconsolidated affiliates, which are listed on the balance sheet at $161,511 thousand as of September 30, 2026.

The condensed consolidated balance sheet as of September 30, 2026 shows total current assets of $1,801,858 thousand and total current liabilities of $960,926 thousand. Long-term debt stood at $2,021,883 thousand. Notably, the balance sheet reflects assets of business held for sale in both current ($40,822 thousand) and non-current ($659,531 thousand) categories, with no such balances reported as of December 31, 2025, indicating activity related to a potential divestiture during the period covered by this filing. Liabilities of business held for sale were $29,032 thousand (current) and $16,700 thousand (non-current) as of September 30, 2026.

What Was Disclosed

BWX Technologies filed its quarterly report covering the period ended September 30, 2026, disclosing revenues of $952,972 thousand and net income attributable to the company of $101,712 thousand for Q3 2026, along with balance sheet items including newly classified assets and liabilities of business held for sale.