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BWX Technologies (BWXT) reported Q2 revenue of $901.6 million, raising its full-year revenue guidance to $3.8 billion, with commercial operations revenue up 72% year-over-year.
BWX Technologies (NYSE:BWXT) reported second-quarter 2026 revenue of $901.6 million, up from $764 million in the same period last year. Adjusted earnings per share were $1.07, compared to $1.02 in the prior year. The company raised its full-year revenue guidance from $3.75 billion to $3.8 billion and its adjusted EPS guidance from $4.60-$4.75 to $4.70-$4.80. Additionally, the company's commercial operations revenue increased by 72% year-over-year, and its backlog grew to approximately $8.4 billion. Wells Fargo analyst David Strauss upgraded BWXT's rating from "Underweight" to "Hold" on August 27, while lowering the price target to $170.
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