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Side-by-side financial comparison of BWX Technologies, Inc. (BWXT) and POWER SOLUTIONS INTERNATIONAL, INC. (PSIX). Click either name above to swap in a different company.

BWX Technologies, Inc. is the larger business by last-quarter revenue ($885.8M vs $191.2M, roughly 4.6× POWER SOLUTIONS INTERNATIONAL, INC.). BWX Technologies, Inc. runs the higher net margin — 10.5% vs 8.4%, a 2.1% gap on every dollar of revenue. On growth, POWER SOLUTIONS INTERNATIONAL, INC. posted the faster year-over-year revenue change (32.5% vs 18.7%). BWX Technologies, Inc. produced more free cash flow last quarter ($56.8M vs $-7.6M). Over the past eight quarters, POWER SOLUTIONS INTERNATIONAL, INC.'s revenue compounded faster (41.7% CAGR vs 21.1%).

BWX Technologies, Inc. is a company headquartered in Lynchburg, Virginia that supplies nuclear components and fuel internationally.

Adani Energy Solutions Ltd, formerly known as Adani Transmission Ltd, is an electric power transmission and distribution company headquartered in Ahmedabad. As of April 2025, the company operates a cumulative transmission network of 26,696 circuit kilometers and is one of the largest private sector power transmission companies operating in India.

BWXT vs PSIX — Head-to-Head

Bigger by revenue
BWXT
BWXT
4.6× larger
BWXT
$885.8M
$191.2M
PSIX
Growing faster (revenue YoY)
PSIX
PSIX
+13.8% gap
PSIX
32.5%
18.7%
BWXT
Higher net margin
BWXT
BWXT
2.1% more per $
BWXT
10.5%
8.4%
PSIX
More free cash flow
BWXT
BWXT
$64.4M more FCF
BWXT
$56.8M
$-7.6M
PSIX
Faster 2-yr revenue CAGR
PSIX
PSIX
Annualised
PSIX
41.7%
21.1%
BWXT

Income Statement — Q4 2025 vs Q4 2025

Metric
BWXT
BWXT
PSIX
PSIX
Revenue
$885.8M
$191.2M
Net Profit
$93.0M
$16.1M
Gross Margin
21.9%
Operating Margin
10.4%
12.7%
Net Margin
10.5%
8.4%
Revenue YoY
18.7%
32.5%
Net Profit YoY
30.9%
-31.0%
EPS (diluted)
$1.02
$0.69

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.

Revenue
BWXT
BWXT
PSIX
PSIX
Q4 25
$885.8M
$191.2M
Q3 25
$866.3M
$203.8M
Q2 25
$764.0M
$191.9M
Q1 25
$682.3M
$135.4M
Q4 24
$746.3M
$144.3M
Q3 24
$672.0M
$125.8M
Q2 24
$681.5M
$110.6M
Q1 24
$604.0M
$95.2M
Net Profit
BWXT
BWXT
PSIX
PSIX
Q4 25
$93.0M
$16.1M
Q3 25
$82.1M
$27.6M
Q2 25
$78.4M
$51.2M
Q1 25
$75.5M
$19.1M
Q4 24
$71.0M
$23.3M
Q3 24
$69.5M
$17.3M
Q2 24
$73.0M
$21.5M
Q1 24
$68.5M
$7.1M
Gross Margin
BWXT
BWXT
PSIX
PSIX
Q4 25
21.9%
Q3 25
21.8%
23.9%
Q2 25
25.1%
28.2%
Q1 25
24.2%
29.7%
Q4 24
29.9%
Q3 24
24.4%
28.9%
Q2 24
24.7%
31.8%
Q1 24
24.6%
27.0%
Operating Margin
BWXT
BWXT
PSIX
PSIX
Q4 25
10.4%
12.7%
Q3 25
13.1%
13.9%
Q2 25
13.4%
16.9%
Q1 25
14.2%
18.2%
Q4 24
12.4%
17.5%
Q3 24
14.4%
16.3%
Q2 24
14.5%
22.9%
Q1 24
15.4%
11.2%
Net Margin
BWXT
BWXT
PSIX
PSIX
Q4 25
10.5%
8.4%
Q3 25
9.5%
13.5%
Q2 25
10.3%
26.7%
Q1 25
11.1%
14.1%
Q4 24
9.5%
16.1%
Q3 24
10.3%
13.8%
Q2 24
10.7%
19.5%
Q1 24
11.3%
7.5%
EPS (diluted)
BWXT
BWXT
PSIX
PSIX
Q4 25
$1.02
$0.69
Q3 25
$0.89
$1.20
Q2 25
$0.85
$2.22
Q1 25
$0.82
$0.83
Q4 24
$0.77
$1.01
Q3 24
$0.76
$0.75
Q2 24
$0.79
$0.94
Q1 24
$0.75
$0.31

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BWXT
BWXT
PSIX
PSIX
Cash + ST InvestmentsLiquidity on hand
$499.8M
$41.3M
Total DebtLower is stronger
$96.6M
Stockholders' EquityBook value
$1.2B
$178.6M
Total Assets
$4.3B
$424.7M
Debt / EquityLower = less leverage
0.54×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BWXT
BWXT
PSIX
PSIX
Q4 25
$499.8M
$41.3M
Q3 25
$79.6M
$49.0M
Q2 25
$37.0M
$49.5M
Q1 25
$55.4M
$50.0M
Q4 24
$74.1M
$55.3M
Q3 24
$35.5M
$40.5M
Q2 24
$48.3M
$28.8M
Q1 24
$45.9M
$33.1M
Total Debt
BWXT
BWXT
PSIX
PSIX
Q4 25
$96.6M
Q3 25
$96.7M
Q2 25
$1.8M
Q1 25
$1.0M
Q4 24
$184.0K
Q3 24
$238.0K
Q2 24
$292.0K
Q1 24
$345.0K
Stockholders' Equity
BWXT
BWXT
PSIX
PSIX
Q4 25
$1.2B
$178.6M
Q3 25
$1.2B
$162.5M
Q2 25
$1.2B
$135.7M
Q1 25
$1.1B
$84.3M
Q4 24
$1.1B
$65.3M
Q3 24
$1.1B
$42.1M
Q2 24
$998.5M
$24.8M
Q1 24
$946.2M
$3.2M
Total Assets
BWXT
BWXT
PSIX
PSIX
Q4 25
$4.3B
$424.7M
Q3 25
$3.8B
$458.9M
Q2 25
$3.7B
$437.7M
Q1 25
$3.1B
$372.7M
Q4 24
$2.9B
$328.2M
Q3 24
$2.9B
$339.1M
Q2 24
$2.8B
$307.6M
Q1 24
$2.8B
$286.8M
Debt / Equity
BWXT
BWXT
PSIX
PSIX
Q4 25
0.54×
Q3 25
0.60×
Q2 25
0.01×
Q1 25
0.01×
Q4 24
0.00×
Q3 24
0.01×
Q2 24
0.01×
Q1 24
0.11×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BWXT
BWXT
PSIX
PSIX
Operating Cash FlowLast quarter
$127.0M
$-4.6M
Free Cash FlowOCF − Capex
$56.8M
$-7.6M
FCF MarginFCF / Revenue
6.4%
-4.0%
Capex IntensityCapex / Revenue
7.9%
1.6%
Cash ConversionOCF / Net Profit
1.37×
-0.29×
TTM Free Cash FlowTrailing 4 quarters
$295.3M
$14.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BWXT
BWXT
PSIX
PSIX
Q4 25
$127.0M
$-4.6M
Q3 25
$143.2M
$3.3M
Q2 25
$159.0M
$16.7M
Q1 25
$50.6M
$8.8M
Q4 24
$276.9M
$32.7M
Q3 24
$32.6M
$12.6M
Q2 24
$65.9M
$1.5M
Q1 24
$33.0M
$15.6M
Free Cash Flow
BWXT
BWXT
PSIX
PSIX
Q4 25
$56.8M
$-7.6M
Q3 25
$94.9M
$1.7M
Q2 25
$126.3M
$14.6M
Q1 25
$17.3M
$5.4M
Q4 24
$224.4M
$30.0M
Q3 24
$-7.7M
$12.1M
Q2 24
$35.5M
$822.0K
Q1 24
$2.6M
$14.8M
FCF Margin
BWXT
BWXT
PSIX
PSIX
Q4 25
6.4%
-4.0%
Q3 25
11.0%
0.8%
Q2 25
16.5%
7.6%
Q1 25
2.5%
4.0%
Q4 24
30.1%
20.8%
Q3 24
-1.1%
9.7%
Q2 24
5.2%
0.7%
Q1 24
0.4%
15.6%
Capex Intensity
BWXT
BWXT
PSIX
PSIX
Q4 25
7.9%
1.6%
Q3 25
5.6%
0.8%
Q2 25
4.3%
1.1%
Q1 25
4.9%
2.5%
Q4 24
7.0%
1.8%
Q3 24
6.0%
0.3%
Q2 24
4.5%
0.6%
Q1 24
5.0%
0.9%
Cash Conversion
BWXT
BWXT
PSIX
PSIX
Q4 25
1.37×
-0.29×
Q3 25
1.74×
0.12×
Q2 25
2.03×
0.33×
Q1 25
0.67×
0.46×
Q4 24
3.90×
1.40×
Q3 24
0.47×
0.73×
Q2 24
0.90×
0.07×
Q1 24
0.48×
2.20×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

BWXT
BWXT

Nuclear Component Program$436.4M49%
Nuclear Manufacturing$134.8M15%
Cost Plus Fee$116.1M13%
Uranium And Nuclear Services$103.8M12%
Commercial Operations$49.0M6%
Commercial Operations Segment$33.7M4%
Transferred At Point In Time$1.3M0%

PSIX
PSIX

Energy End Market$153.4M80%
Industrial End Market$33.3M17%
Transportation End Market$4.6M2%

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