v3.26.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Current Assets:    
Cash and cash equivalents $ 608,203 $ 499,779
Restricted cash and cash equivalents 3,120 3,085
Accounts receivable – trade, net 198,251 220,391
Accounts receivable – other 88,979 67,858
Retainages 62,303 46,311
Contracts in progress 652,011 610,315
Inventories 46,293 46,537
Other current assets 50,877 66,078
Total Current Assets 1,710,037 1,560,354
Property, Plant and Equipment, Net 1,603,188 1,585,136
Investments 8,828 8,243
Goodwill 494,922 500,860
Deferred Income Taxes 5,882 12,275
Investments in Unconsolidated Affiliates 164,708 150,143
Intangible Assets 311,773 329,859
Other Assets 123,792 124,625
TOTAL ASSETS 4,423,130 4,271,495
Current Liabilities:    
Accounts payable 212,881 141,289
Accrued employee benefits 86,290 117,641
Accrued liabilities – other 100,844 107,802
Advance billings on contracts 313,256 305,285
Total Current Liabilities 713,271 672,017
Long-Term Debt 2,019,897 2,015,983
Accumulated Postretirement Benefit Obligation 77,902 78,460
Environmental Liabilities 103,880 100,278
Pension Liability 69,344 78,167
Other Liabilities 104,687 93,578
Total Liabilities 3,088,981 3,038,483
Commitments and Contingencies
Stockholders' Equity:    
Common stock, par value $0.01 per share, authorized 325,000,000 shares; issued 129,006,562 and 128,720,819 shares at June 30, 2026 and December 31, 2025, respectively 1,289 1,288
Preferred stock, par value $0.01 per share, authorized 75,000,000 shares; No shares issued 0 0
Capital in excess of par value 183,530 159,884
Retained earnings 2,653,709 2,523,631
Treasury stock at cost, 37,384,981 and 37,289,582 shares at June 30, 2026 and December 31, 2025, respectively (1,452,744) (1,432,943)
Accumulated other comprehensive loss (51,334) (19,373)
Stockholders' Equity – BWX Technologies, Inc. 1,334,450 1,232,487
Noncontrolling interest (301) 525
Total Stockholders' Equity 1,334,149 1,233,012
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 4,423,130 $ 4,271,495