BWXT reports Q3 2026 revenue miss but margin expansion and raises free cash flow guidance
BWX Technologies posted third‑quarter 2026 revenue of $953 million, falling short of the $970.42 million consensus estimate. Adjusted earnings per share of $1.26 beat expectations, and adjusted EBITDA rose 19% to $180 million, expanding the margin by 150 basis points. The company kept its full‑year non‑GAAP EPS guidance at $4.74 while lifting the low end of its free‑cash‑flow outlook to $350‑$360 million. Shares slipped 2.66% in after‑hours trading.
Why it matters
The revenue shortfall may temper investor enthusiasm despite stronger profitability, while the higher free‑cash‑flow guidance could support future dividend or buyback plans, according to the company’s guidance update.
Key facts
- 1Revenue was $953 million, 10% year‑over‑year growth and 7% organic growth. investing.com
- 2Consensus revenue estimate was $970.42 million, a miss of about 1.8%. investing.com
- 3Adjusted EPS was $1.26, beating the $1.18 consensus by $0.08. investing.com
- 4Adjusted EBITDA was $180 million, a 19% increase, with an 18.9% margin up 150 basis points. investing.com
- 5Free cash flow reached $151 million, up 59% from the prior year. investing.com
- 6Capital expenditures were 5.0% of revenue. investing.com
Summary written by AlphAI AI Desk from 2 of 2 sources. Not investment advice. Figures are as stated by the linked sources.