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Side-by-side financial comparison of BWX Technologies, Inc. (BWXT) and Fabrinet (FN). Click either name above to swap in a different company.
Fabrinet is the larger business by last-quarter revenue ($1.1B vs $885.8M, roughly 1.3× BWX Technologies, Inc.). BWX Technologies, Inc. runs the higher net margin — 10.5% vs 9.9%, a 0.6% gap on every dollar of revenue. On growth, Fabrinet posted the faster year-over-year revenue change (35.9% vs 18.7%). BWX Technologies, Inc. produced more free cash flow last quarter ($56.8M vs $-5.3M). Over the past eight quarters, Fabrinet's revenue compounded faster (24.4% CAGR vs 21.1%).
BWX Technologies, Inc. is a company headquartered in Lynchburg, Virginia that supplies nuclear components and fuel internationally.
FabrinetFNEarnings & Financial Report
Below is a list of companies having stocks that are included in the S&P MidCap 400 stock market index. The index, maintained by S&P Dow Jones Indices, comprises the common stocks of 400 mid-cap, mostly American, companies. Although called the S&P 400, the index sometimes contains more than 400 stocks when it includes two or more share classes of stock from one of its component companies.
BWXT vs FN — Head-to-Head
Income Statement — Q4 FY2025 vs Q2 FY2026
| Metric | | |
|---|---|---|
| Revenue | $885.8M | $1.1B |
| Net Profit | $93.0M | $112.6M |
| Gross Margin | — | 12.2% |
| Operating Margin | 10.4% | 10.1% |
| Net Margin | 10.5% | 9.9% |
| Revenue YoY | 18.7% | 35.9% |
| Net Profit YoY | 30.9% | 30.0% |
| EPS (diluted) | $1.02 | $3.11 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $885.8M | $1.1B | ||
| Q3 25 | $866.3M | $978.1M | ||
| Q2 25 | $764.0M | $909.7M | ||
| Q1 25 | $682.3M | $871.8M | ||
| Q4 24 | $746.3M | $833.6M | ||
| Q3 24 | $672.0M | $804.2M | ||
| Q2 24 | $681.5M | $753.3M | ||
| Q1 24 | $604.0M | $731.5M |
| Q4 25 | $93.0M | $112.6M | ||
| Q3 25 | $82.1M | $95.9M | ||
| Q2 25 | $78.4M | $87.2M | ||
| Q1 25 | $75.5M | $81.3M | ||
| Q4 24 | $71.0M | $86.6M | ||
| Q3 24 | $69.5M | $77.4M | ||
| Q2 24 | $73.0M | $81.1M | ||
| Q1 24 | $68.5M | $80.9M |
| Q4 25 | — | 12.2% | ||
| Q3 25 | 21.8% | 11.9% | ||
| Q2 25 | 25.1% | 12.2% | ||
| Q1 25 | 24.2% | 11.7% | ||
| Q4 24 | — | 12.1% | ||
| Q3 24 | 24.4% | 12.3% | ||
| Q2 24 | 24.7% | 12.3% | ||
| Q1 24 | 24.6% | 12.4% |
| Q4 25 | 10.4% | 10.1% | ||
| Q3 25 | 13.1% | 9.6% | ||
| Q2 25 | 13.4% | 9.8% | ||
| Q1 25 | 14.2% | 9.0% | ||
| Q4 24 | 12.4% | 9.5% | ||
| Q3 24 | 14.4% | 9.6% | ||
| Q2 24 | 14.5% | 9.7% | ||
| Q1 24 | 15.4% | 9.7% |
| Q4 25 | 10.5% | 9.9% | ||
| Q3 25 | 9.5% | 9.8% | ||
| Q2 25 | 10.3% | 9.6% | ||
| Q1 25 | 11.1% | 9.3% | ||
| Q4 24 | 9.5% | 10.4% | ||
| Q3 24 | 10.3% | 9.6% | ||
| Q2 24 | 10.7% | 10.8% | ||
| Q1 24 | 11.3% | 11.1% |
| Q4 25 | $1.02 | $3.11 | ||
| Q3 25 | $0.89 | $2.66 | ||
| Q2 25 | $0.85 | $2.41 | ||
| Q1 25 | $0.82 | $2.25 | ||
| Q4 24 | $0.77 | $2.38 | ||
| Q3 24 | $0.76 | $2.13 | ||
| Q2 24 | $0.79 | $2.22 | ||
| Q1 24 | $0.75 | $2.21 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $499.8M | $960.8M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $1.2B | $2.2B |
| Total Assets | $4.3B | $3.3B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $499.8M | $960.8M | ||
| Q3 25 | $79.6M | $968.8M | ||
| Q2 25 | $37.0M | $934.2M | ||
| Q1 25 | $55.4M | $950.7M | ||
| Q4 24 | $74.1M | $934.6M | ||
| Q3 24 | $35.5M | $908.9M | ||
| Q2 24 | $48.3M | $858.6M | ||
| Q1 24 | $45.9M | $794.0M |
| Q4 25 | $1.2B | $2.2B | ||
| Q3 25 | $1.2B | $2.1B | ||
| Q2 25 | $1.2B | $2.0B | ||
| Q1 25 | $1.1B | $1.9B | ||
| Q4 24 | $1.1B | $1.8B | ||
| Q3 24 | $1.1B | $1.8B | ||
| Q2 24 | $998.5M | $1.7B | ||
| Q1 24 | $946.2M | $1.7B |
| Q4 25 | $4.3B | $3.3B | ||
| Q3 25 | $3.8B | $3.0B | ||
| Q2 25 | $3.7B | $2.8B | ||
| Q1 25 | $3.1B | $2.6B | ||
| Q4 24 | $2.9B | $2.5B | ||
| Q3 24 | $2.9B | $2.4B | ||
| Q2 24 | $2.8B | $2.3B | ||
| Q1 24 | $2.8B | $2.2B |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $127.0M | $46.3M |
| Free Cash FlowOCF − Capex | $56.8M | $-5.3M |
| FCF MarginFCF / Revenue | 6.4% | -0.5% |
| Capex IntensityCapex / Revenue | 7.9% | 4.6% |
| Cash ConversionOCF / Net Profit | 1.37× | 0.41× |
| TTM Free Cash FlowTrailing 4 quarters | $295.3M | $102.3M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $127.0M | $46.3M | ||
| Q3 25 | $143.2M | $102.6M | ||
| Q2 25 | $159.0M | $55.1M | ||
| Q1 25 | $50.6M | $74.2M | ||
| Q4 24 | $276.9M | $115.9M | ||
| Q3 24 | $32.6M | $83.2M | ||
| Q2 24 | $65.9M | $83.1M | ||
| Q1 24 | $33.0M | $100.9M |
| Q4 25 | $56.8M | $-5.3M | ||
| Q3 25 | $94.9M | $57.3M | ||
| Q2 25 | $126.3M | $4.7M | ||
| Q1 25 | $17.3M | $45.7M | ||
| Q4 24 | $224.4M | $94.0M | ||
| Q3 24 | $-7.7M | $62.9M | ||
| Q2 24 | $35.5M | $70.4M | ||
| Q1 24 | $2.6M | $87.3M |
| Q4 25 | 6.4% | -0.5% | ||
| Q3 25 | 11.0% | 5.9% | ||
| Q2 25 | 16.5% | 0.5% | ||
| Q1 25 | 2.5% | 5.2% | ||
| Q4 24 | 30.1% | 11.3% | ||
| Q3 24 | -1.1% | 7.8% | ||
| Q2 24 | 5.2% | 9.3% | ||
| Q1 24 | 0.4% | 11.9% |
| Q4 25 | 7.9% | 4.6% | ||
| Q3 25 | 5.6% | 4.6% | ||
| Q2 25 | 4.3% | 5.5% | ||
| Q1 25 | 4.9% | 3.3% | ||
| Q4 24 | 7.0% | 2.6% | ||
| Q3 24 | 6.0% | 2.5% | ||
| Q2 24 | 4.5% | 1.7% | ||
| Q1 24 | 5.0% | 1.9% |
| Q4 25 | 1.37× | 0.41× | ||
| Q3 25 | 1.74× | 1.07× | ||
| Q2 25 | 2.03× | 0.63× | ||
| Q1 25 | 0.67× | 0.91× | ||
| Q4 24 | 3.90× | 1.34× | ||
| Q3 24 | 0.47× | 1.07× | ||
| Q2 24 | 0.90× | 1.02× | ||
| Q1 24 | 0.48× | 1.25× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BWXT
| Nuclear Component Program | $436.4M | 49% |
| Nuclear Manufacturing | $134.8M | 15% |
| Cost Plus Fee | $116.1M | 13% |
| Uranium And Nuclear Services | $103.8M | 12% |
| Commercial Operations | $49.0M | 6% |
| Commercial Operations Segment | $33.7M | 4% |
| Transferred At Point In Time | $1.3M | 0% |
FN
| Optical Communications | $832.6M | 73% |
| Non Optical Communications | $300.3M | 27% |
