BWX Technologies, Inc.
For the period ended Dec 31, 2025. Filed Feb 23, 2026.
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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$126.64-1.1%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Income
| Year Ended December 31, | |||
|---|---|---|---|
| 2025 | 2024 | 2023 | |
| (In thousands, except share and per share amounts) | |||
| Revenues | $3,198,425 | $2,703,654 | $2,496,309 |
| Costs and Expenses: | |||
| Cost of operations | 2,465,566 | 2,048,447 | 1,875,716 |
| Research and development costs | 13,867 | 7,478 | 7,613 |
| Losses (gains) on asset disposals and impairments, net | (4,972) | 4,390 | 1,034 |
| Selling, general and administrative expenses | 394,416 | 318,663 | 279,694 |
| Total Costs and Expenses | 2,868,877 | 2,378,978 | 2,164,057 |
| Equity in Income of Investees | 74,911 | 55,931 | 50,807 |
| Operating Income | 404,459 | 380,607 | 383,059 |
| Other Income (Expense): | |||
| Interest income | 3,893 | 2,554 | 2,359 |
| Interest expense | (44,207) | (39,475) | (47,036) |
| Other – net | 33,975 | 5,034 | (16,982) |
| Total Other Income (Expense) | (6,339) | (31,887) | (61,659) |
| Income before Provision for Income Taxes | 398,120 | 348,720 | 321,400 |
| Provision for Income Taxes | 68,259 | 66,422 | 75,079 |
| Net Income | $329,861 | $282,298 | $246,321 |
| Net Income Attributable to Noncontrolling Interest | (916) | (357) | (472) |
| Net Income Attributable to BWX Technologies, Inc. | $328,945 | $281,941 | $245,849 |
| Earnings per Common Share: | |||
| Basic: | |||
| Net Income Attributable to BWX Technologies, Inc. | $3.59 | $3.08 | $2.68 |
| Diluted: | |||
| Net Income Attributable to BWX Technologies, Inc. | $3.58 | $3.07 | $2.68 |
| Shares used in the computation of earnings per share (Note 17): | |||
| Basic | 91,566,280 | 91,572,674 | 91,619,156 |
| Diluted | 91,856,013 | 91,859,732 | 91,874,537 |
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