BWEN
Broadwind, Inc.3.2100
-0.2500-7.23%
Dec 16, 4:00:02 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
FY Q3 '25
Q&A details 2026 power gen drivers
Q&A sharpened focus on power generation and infrastructure driving 2026 growth across Industrial Solutions and Gearing, with current gearing revenue softness chalked up to order lead times from prior quarters. Management sees stable margins next year, buoyed by absent operational headwinds and rising utilization after ditching Manitowoc overhead. PRS weakness is timing-tied to low oil prices, but demos suggest rebound potential. CapEx stays modest at 2-3% of revenue amid ample capacity and targeted expansions like 35% more Industrial Solutions floorspace. Data center boom fuels multi-year gas turbine tailwinds through 2028. Demand outpaces supply. Investors watch capacity ramps and wind visibility.
Key Stats
Market Cap
74.48MP/E (TTM)
13.96Basic EPS (TTM)
0.23Dividend Yield
0%Recent Filings
8-K
Q3 revenue up 25%, raised guidance
Broadwind posted Q3 revenue of $44.2 million, up 25% y/y, with net income of $7.5 million boosted by an $8.2 million gain from selling its Manitowoc industrial fabrication operations on September 8. Orders surged 90% y/y to $43.6 million amid power generation demand; liquidity hit $26.8 million. Raised 2025 revenue guidance to $155-160 million. Gearing softened.
10-Q
Q3 FY2025 results
Broadwind posted Q3 revenue of $44.2M, up 24.6% y/y from $35.5M, driven by 43% Heavy Fabrications growth to $29.4M on wind towers and repowering, though gross margin slipped to 10.2% from 14.6% amid manufacturing inefficiencies. Operating income soared to $8.7M from $1.2M, fueled by an $8.2M gain on selling Manitowoc industrial fabrication operations for $13.5M cash on September 8, 2025; net income hit $7.5M or $0.32 diluted EPS, verified against 23.3M shares. Cash fell to $1.2M after $16.2M operating outflow, yet $25.6M revolver availability backs liquidity with total debt at $10.3M. Manitowoc sale streamlines focus. Gearing lost ground. Wind tax credit phaseout looms.
8-K
Term loan amendment eases repayments
8-K
Broadwind closes asset sale
Broadwind completed the sale of its Manitowoc, Wisconsin fabrication assets to a subsidiary of IES Holdings on September 8, 2025, netting $13.5 million in cash while the buyer assumed certain liabilities. This move streamlines operations by consolidating into the Abilene facility, slashing annual costs by $8 million and boosting focus on higher-margin precision manufacturing. Revenues eyed at $145-155 million for 2025, with adjusted EBITDA at $9-10 million—excluding the $9 million gain. Sale sharpens growth edge.
8-K
Broadwind launches $3M buyback
Broadwind's board approved a $3 million share repurchase program on September 10, 2025, targeting open market or negotiated buys under Rule 10b-18. This move signals confidence post the completed divestiture of its Wisconsin industrial fabrication operations, freeing capital for opportunistic returns to shareholders. Repurchases hinge on market conditions and business needs. The program can be suspended anytime.
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