BWX Tech

Q2 FY2026 EarningsQ2 FY26 results were mixed relative to consensus: revenue of $901.6M slightly missed the $903.8M expected (-0.24%), while Diluted EPS of $0.97 missed the $1.04 mean estimate (-6.9%). Commercial Operations was the primary driver of growth, surging 71.7% YoY following the Kinectrics acquisition. However, GAAP net income of $89.1M fell short of the $96.9M consensus due to higher tax rates and unallocated corporate healthcare costs, despite strong Government Operations backlog growth to $6.8B.