BWX Technologies, Inc.
For the period ended Dec 31, 2025. Filed Feb 23, 2026.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2025 · Filed Feb 23, 2026
BWXT$127.99+7.1%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheets
ASSETS
| December 31, | ||
|---|---|---|
| 2025 | 2024 | |
| (In thousands) | ||
| Current Assets: | ||
| Cash and cash equivalents | $499,779 | $74,109 |
| Restricted cash and cash equivalents | 3,085 | 2,785 |
| Accounts receivable – trade, net | 220,391 | 99,112 |
| Accounts receivable – other | 67,858 | 53,199 |
| Retainages | 46,311 | 33,667 |
| Contracts in progress | 610,315 | 577,745 |
| Inventories | 46,537 | 40,288 |
| Other current assets | 66,078 | 49,092 |
| Total Current Assets | 1,560,354 | 929,997 |
| Property, Plant and Equipment, Net | 1,585,136 | 1,278,161 |
| Investments | 8,243 | 10,609 |
| Goodwill | 500,860 | 287,362 |
| Deferred Income Taxes | 12,275 | 6,569 |
| Investments in Unconsolidated Affiliates | 150,143 | 99,403 |
| Intangible Assets | 329,859 | 165,325 |
| Other Assets | 124,625 | 92,498 |
| TOTAL ASSETS | $4,271,495 | $2,869,924 |
LIABILITIES AND STOCKHOLDERS' EQUITY
| December 31, | ||
|---|---|---|
| 2025 | 2024 | |
| (In thousands, except shareand per share amounts) | ||
| Current Liabilities: | ||
| Current maturities of long-term debt | $— | $12,500 |
| Accounts payable | 141,289 | 158,077 |
| Accrued employee benefits | 117,641 | 77,234 |
| Accrued liabilities – other | 107,802 | 65,100 |
| Advance billings on contracts | 305,285 | 161,290 |
| Total Current Liabilities | 672,017 | 474,201 |
| Long-Term Debt | 2,015,983 | 1,042,970 |
| Accumulated Postretirement Benefit Obligation | 78,460 | 16,515 |
| Environmental Liabilities | 100,278 | 94,225 |
| Pension Liability | 78,167 | 82,602 |
| Other Liabilities | 93,578 | 79,007 |
| Total Liabilities | 3,038,483 | 1,789,520 |
| Commitments and Contingencies (Note 10) | ||
| Stockholders' Equity: | ||
| Common stock, par value $0.01 per share, authorized 325,000,000 shares; issued 128,720,819 and 128,320,295 shares at December 31, 2025 and 2024, respectively | 1,288 | 1,283 |
| Preferred stock, par value $0.01 per share, authorized 75,000,000 shares; no shares issued | — | — |
| Capital in excess of par value | 159,884 | 228,889 |
| Retained earnings | 2,523,631 | 2,287,151 |
| Treasury stock at cost, 37,289,582 and 36,869,498 shares at December 31, 2025 and 2024, respectively | (1,432,943) | (1,388,432) |
| Accumulated other comprehensive income (loss) | (19,373) | (48,211) |
| Stockholders' Equity – BWX Technologies, Inc. | 1,232,487 | 1,080,680 |
| Noncontrolling interest | 525 | (276) |
| Total Stockholders' Equity | 1,233,012 | 1,080,404 |
| TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY | $4,271,495 | $2,869,924 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.