Skip to content
MARKETS / NASDAQ / BWEN
NASDAQ · NONFERROUS FOUNDRIES (CASTINGS) · SMALL CAP

Broadwind, Inc. BWEN

17 fiscal years on record · USD · FY2025 reported · SEC filings only
$158.1M
▲ 10.4% YoY
$5.2M
▲ 355.0% YoY
$-19.0M
▼ 286.6% YoY
In brief

What this company does

Broadwind, Inc. is a precision manufacturer of structures, equipment and components for power generation, critical infrastructure and other specialized applications, serving customers in the energy, mining and infrastructure sectors, primarily in the United States. Its capabilities include heavy fabrications, welding, metal rolling, coatings, gear cutting and shaping, gearbox manufacturing and repair, heat treatment, precision machining, assembly, engineering and packaging solutions. The company operates in three segments: Heavy Fabrications, Gearing, and Industrial Solutions. Within its Heavy Fabrications segment, the company provides large, complex and precision fabrications to customers across a broad range of industrial markets, with its most significant presence in the U.S. wind energy industry, where it provides steel towers and repowering adapters primarily to wind turbine manufacturers. Within its Gearing segment, the company provides gearing, gearboxes and precision machined components to customers in markets including power generation, onshore and offshore oil and gas fracking and drilling, material handling, wind energy, surface and underground mining, steel, infrastructure, marine, defense, and other industrial markets. Within its Industrial Solutions segment, the company provides supply chain solutions, light fabrication, inventory management, kitting and assembly services, primarily serving the combined cycle natural gas turbine market. The company was incorporated in 1996 in Nevada as Blackfoot Enterprises, Inc., and, through a series of subsequent transactions, became Broadwind Energy, Inc., a Delaware corporation, in 2008. In 2020, it rebranded to its current name, Broadwind, Inc.

Written from the business description in BROADWIND, INC.'s annual report to the U.S. Securities and Exchange Commission, filed 11 March 2026. Every sentence was checked against that document before publication.

Growth
USD 158.1M
Revenue, FY2025 · full 17-year series below
Revenue $M Net income $M
FY2025 · Revenue 158.1 · Net income 5.2
80M160M-40M-80M200920112013201520172019202120232025
Compound annual growth
−3.7%
−4.5%
−2.3%
+1.0%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at −4.5% a year over five years.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
3 cents
of every revenue dollar became profit
Operating margin Net margin
FY2025 · Operating 5.5% · Net 3.3%
-20%-40%-60%200920112013201520172019202120232025
ROE
FY2025 · ROE 8.3%
5%10%-20%-40%-60%200920112013201520172019202120232025

Each USD of equity produced 8 cents of profit this year.

Cash & shareholders
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF -19.0
8M16M-8M-16M200920112013201520172019202120232025

Total assetsUSD 116.8M
EquityUSD 66.3M
CashUSD 456,000.00
Gross debtUSD 10.1M
Net debtUSD 9.7M
Current ratio2.03×

Net debt stands at 15% of equity.

The 17-year record
17 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative
Metric 20252024202320222021202020192018201720162015201420132012201120102009
Revenue $B0.20.10.20.20.10.20.20.10.10.20.20.20.20.20.20.10.2
Operating income $B0.00.00.0−0.0−0.00.0−0.0−0.0−0.00.0−0.0−0.0−0.0−0.0−0.0−0.1−0.1
EBITDA $B0.00.00.0−0.0−0.00.00.0−0.00.00.0−0.00.00.0−0.0−0.0−0.1−0.1
Income tax $B0.00.00.00.00.00.00.0−0.0−0.0−0.0−0.0−0.00.00.00.0−0.0−0.0
Net income $B0.00.00.0−0.00.0−0.0−0.0−0.0−0.00.0−0.0−0.0−0.0−0.0−0.0−0.1−0.1
Free cash flow $B−0.00.0−0.00.0−0.00.00.0−0.0−0.00.0−0.0−0.00.0−0.0−0.0−0.0−0.0
EPS, diluted $0.230.050.36−0.480.15−0.09−0.28−1.56−0.240.02−1.48−0.42−0.73−1.27−1.89−8.01−1.14
Dividend / sh $·················
Payout %·················
ROE %8.32.015.0−19.46.0−3.7−10.8−44.1−5.40.5−28.0−6.7−10.6−16.2−18.0−60.5−70.8
Shares out B············0.010.010.010.11·

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 0 failures · 4 divergences in 75 reconciliationsAUDITED

Reconciled in 13 of 19 fiscal years. 4 of those reconciliations are divergences — the figures exist but don't fit the formula this check expects; that isn't the same as an error. 20 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures4 divergent
ActivityNonferrous Foundries (Castings)
Listed onNASDAQ
Incorporated inDelaware
Fiscal year endsDecember 31
SEC categorysmaller reporting company
Data on record since2009

Share this section

Download image