Broadwind Inc. (BWEN) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q2 26	-$0.01	-$0.03	-200.0%	—	$24.3M	—
Q1 26	-$0.07	-$0.02	+71.4%	—	$34.1M	—
Q4 25	-$0.04	-$0.04	0.0%	—	$37.7M	—
Q3 25	$0.01	-$0.03	-400.0%	—	$44.2M	—
Q2 25	$0.01	-$0.04	-500.0%	—	$39.2M	—
Q1 25	-$0.04	-$0.02	+50.0%	—	$36.8M	—
Q4 24	-$0.07	-$0.04	+42.9%	—	$33.6M	—
Q2 24	$0.01	$0.02	+100.0%	—	$36.5M	—
Q1 24	-$0.07	$0.07	+200.0%	—	$37.6M	—
Q4 23	$0.01	$0.05	+400.0%	—	$46.6M	—
Q3 23	$0.09	$0.2	+122.2%	—	$57.2M	—
Q2 23	$0.01	$0.07	+600.0%	—	$50.8M	—
Q1 23	-$0.05	$0.04	+180.0%	—	$48.9M	—
Q4 22	-$0.14	-$0.14	0.0%	—	$40.1M	—
Q3 22	-$0.06	-$0.09	-50.0%	—	$44.8M	—
Q2 22	-$0.11	-$0.13	-18.2%	—	$50M	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY25	—	$0.23	—	—	$158.1M	—
FY24	—	$0.05	—	—	$143.1M	—
FY23	—	$0.36	—	—	$203.5M	—
FY22	—	-$0.48	—	—	$176.8M

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	$180.8M	$146.8M	$125.4M	$178.2M	$198.5M	$145.6M	$176.8M	$203.5M	$143.1M	$158.1M
YoY change	-9.2%	-18.8%	-14.6%	+42.1%	+11.4%	-26.6%	+21.4%	+15.1%	-29.7%	+10.4%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	180.8M	146.8M	125.4M	178.2M	198.5M	145.6M	176.8M	203.5M	143.1M	158.1M
Cost of revenue	162.7M	138.6M	122.3M	162.8M	180.5M	140.1M	166M	171M	121.9M	141.9M
Gross profit	18.1M	8.2M	3.1M	15.4M	18M	5.5M	10.7M	32.5M	21.2M	16.1M
Gross margin	10%	5.56%	2.44%	8.65%	9.07%	3.78%	6.06%	16%	14.8%	10.2%
Research & development	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	15.8M	13.8M	13.6M	16.1M	16.8M	17.4M	16.6M	20.7M	16.3M	15M
Operating expenses	15.8M	13.8M	13.6M	16.1M	16.8M	17.4M	16.6M	20.7M	16.3M	15M
Operating income	1.9M	-7.4M	-12.4M	-2.4M	422K	-12.6M	-6.6M	11.1M	4.2M	451K
Operating margin	1.06%	-5.06%	-9.93%	-1.32%	0.21%	-8.65%	-3.74%	5.47%	2.95%	0.29%
Non-operating income, net	49K	3K	-10.3M	118K	123K	16.6M	130K	-48K	79K	8.3M
Pretax income	1.3M	-8.2M	-24.2M	-4.5M	-1.4M	2.9M	-9.7M	7.9M	1.2M	5.3M
Income tax	-2K	-5M	-205K	38K	48K	25K	35K	241K	74K	87K
Net income	319K	-3.6M	-24.1M	-4.5M	-1.5M	2.8M	-9.7M	7.6M	1.2M	5.2M
Net margin	0.18%	-2.48%	-19.3%	-2.54%	-0.75%	1.96%	-5.5%	3.76%	0.8%	3.32%
EBITDA	8.9M	1.6M	-906K	5.3M	6.8M	1.2M	-417K	17.5M	11M	6.8M
EPS	0.02	-0.24	-1.56	-0.28	-0.09	0.15	-0.48	0.36	0.05	0.23
Diluted EPS	0.02	-0.24	-1.56	-0.28	-0.09	0.15	-0.48	0.36	0.05	0.23

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	57.2M	46.6M	37.6M	36.5M	35.5M	33.6M	36.8M	39.2M	44.2M	37.7M	34.1M	24.3M
Cost of revenue	47M	39.6M	31M	30.9M	30.3M	29.8M	32.5M	35.3M	39.7M	34.4M	29.4M	20.5M
Gross profit	10.2M	7M	6.6M	5.6M	5.2M	3.8M	4.3M	4M	4.5M	3.3M	4.7M	3.8M
Gross margin	17.8%	15.1%	17.6%	15.3%	14.6%	11.3%	11.7%	10.1%	10.2%	8.78%	13.8%	15.6%
Research & development	—	—	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	4.6M	4.6M	4.4M	4.1M	3.9M	3.9M	4M	4M	3.8M	3.2M	4.2M	3.9M
Operating expenses	4.6M	4.6M	4.4M	4.1M	3.9M	3.9M	4M	4M	3.8M	3.2M	4.2M	3.9M
Operating income	5.4M	2.3M	2.1M	1.3M	1.2M	-288K	184K	-165K	559K	-69K	389K	-247K
Operating margin	9.39%	4.88%	5.52%	3.45%	3.32%	-0.86%	0.5%	-0.42%	1.26%	-0.18%	1.14%	-1.02%
Non-operating income, net	-13K	-11K	3K	4K	-5K	77K	-2K	-8K	8.2M	58K	-2K	5K
Pretax income	4.4M	1.2M	1.5M	535K	115K	-973K	-334K	-956K	7.5M	-871K	-421K	-660K
Income tax	28K	162K	39K	53K	41K	-59K	36K	33K	27K	-9K	74K	24K
Net income	4.4M	1.1M	1.5M	482K	74K	-914K	-370K	-989K	7.5M	-862K	-495K	-639K
Net margin	7.69%	2.3%	4.01%	1.32%	0.21%	-2.72%	-1%	-2.52%	16.9%	-2.28%	-1.45%	-2.63%
EBITDA	7M	3.9M	3.7M	3M	2.8M	1.5M	1.9M	1.5M	3.9M	1.5M	1.9M	-142K
EPS	0.21	—	0.07	0.02	0	-0.04	-0.02	-0.04	0.32	-0.04	-0.02	-0.03
Diluted EPS	0.2	—	0.07	0.02	0	-0.04	-0.02	-0.04	0.32	-0.04	-0.02	-0.03

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Market cap	60.1M	40.9M	20.1M	26.8M	132.8M	—	36.3M	58.7M	41.2M	64.7M	99.8M
Enterprise value	42.3M	57.6M	33.8M	56.9M	165M	—	56.7M	93M	64.6M	92.6M	104.9M
Shares outstanding	14.8M	15.1M	15.5M	16.1M	16.7M	18.7M	20.3M	21.2M	21.9M	22.9M	22.9M

Valuation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
P/E	188.4	—	—	—	—	—	—	7.67	35.7	12.3	11.6
P/S	0.33	0.28	0.16	0.15	0.67	—	0.21	0.29	0.29	0.41	0.58
P/B	0.88	0.62	0.46	0.66	3.27	—	0.79	1.05	0.69	0.98	1.5
EV/EBITDA	4.77	36.7	-37.3	10.8	24.2	—	-136	5.32	5.88	13.6	10.8
EV/Sales	0.23	0.39	0.27	0.32	0.83	—	0.32	0.46	0.45	0.59	0.61
Earnings yield	0.53%	—	—	—	—	—	—	13%	2.8%	8.1%	8.65%
FCF yield	17.8%	-39.2%	-1.39%	10%	2.85%	—	37.3%	-22.7%	24.7%	-29.4%	15.1%
PEG	—	—	—	—	—	—	—	—	—	—	-0.46

Profitability

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Gross margin	10%	5.56%	2.44%	8.65%	9.07%	3.78%	6.06%	16%	14.8%	10.2%	15.6%
Operating margin	1.06%	-5.06%	-9.93%	-1.32%	0.21%	-8.65%	-3.74%	5.47%	2.95%	0.29%	-1.02%
Net margin	0.18%	-2.48%	-19.3%	-2.54%	-0.75%	1.96%	-5.5%	3.76%	0.8%	3.32%	3.2%
ROE	0.47%	-5.51%	-55.7%	-11.1%	-3.66%	5.26%	-21%	13.7%	1.94%	7.91%	13.1%
ROA	0.27%	-3.24%	-24.3%	-3.68%	-1.24%	2.41%	-6.73%	5.66%	0.9%	4.49%	1.72%
ROIC	3.76%	-8.98%	-21.8%	-3.32%	0.58%	-14.7%	-9.91%	12%	4.79%	0.47%	0.88%
Return on tangible assets	0.29%	-5.19%	-28.1%	-4%	-1.34%	2.56%	-7%	5.84%	0.92%	4.55%	4.92%

Financial health

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Current ratio	1.35	0.86	0.83	0.85	1.05	1.23	1.13	1.3	1.54	2.03	2.72
Quick ratio	0.86	0.39	0.39	0.36	0.5	0.44	0.5	0.6	0.62	0.7	1.73
Debt / equity	0.06	0.25	0.34	0.8	0.88	0.58	0.72	0.63	0.52	0.43	0.33
Debt / assets	0.03	0.15	0.15	0.26	0.3	0.27	0.23	0.26	0.24	0.24	0.19
Net debt / EBITDA	-2	10.6	-15.1	5.73	4.72	25.9	-48.9	1.96	2.13	4.08	0.67
Interest coverage	3.13	-9.31	-15.2	-0.97	0.27	3.54	-2.01	3.46	1.4	2.57	2.67
Effective tax rate	0%	0%	0%	0%	0%	0.87%	0%	3.05%	6.04%	1.63%	2.09%

Per share

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Revenue per share	12.2	9.75	8.11	11.1	11.9	7.78	8.71	9.6	6.54	6.91	7.34
EPS (basic)	0.02	-0.24	-1.56	-0.28	-0.09	0.15	-0.48	0.36	0.05	0.23	0.23
EPS (diluted)	0.02	-0.24	-1.56	-0.28	-0.09	0.15	-0.48	0.36	0.05	0.23	0.36
Book value per share	4.62	4.39	2.8	2.53	2.43	2.89	2.28	2.64	2.71	2.9	2.78
FCF per share	0.72	-1.07	-0.02	0.17	0.23	-0.78	0.67	-0.63	0.47	-0.83	-0.82
Cash per share	1.47	0.01	0.08	0.15	0.2	0.05	0.63	0.05	0.35	0.02	0.72
Capex per share	0.42	0.44	0.11	0.11	0.09	0.09	0.15	0.3	0.16	—	—

Capital allocation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Capex / revenue	3.41%	4.51%	1.31%	1.03%	0.78%	1.15%	1.75%	3.14%	2.42%	—	—
Capex / operating cash flow	32.8%	-127.6%	-15%	36.9%	34.7%	-240.5%	18.6%	-66.2%	22.1%	—	—
Payout ratio	—	—	—	—	—	—	—	—	—	—	0%

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	$57.2M	$46.6M	$37.6M	$36.5M	$35.5M	$33.6M	$36.8M	$39.2M	$44.2M	$37.7M	$34.1M	$24.3M
YoY change	+27.5%	+16.3%	-23%	-28.3%	-37.9%	-28%	-2.07%	+7.63%	+24.6%	+12.4%	-7.55%	-38.1%

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Cash & short-term investments	21.9M	78K	1.2M	2.4M	3.4M	852K	12.7M	1.1M	7.7M	456K
Receivables	11.9M	13.6M	17.5M	18.3M	15.3M	13.8M	17M	19.2M	13.5M	15.8M
Inventory	21.2M	19.3M	22.7M	31.9M	26.7M	33.4M	44.3M	37.4M	40M	42M
Total current assets	58.2M	35.4M	43.1M	54.7M	50.6M	52.3M	79.3M	69.7M	66.9M	64.3M
Property, plant & equipment	33.7M	32.7M	28.3M	42.2M	43.7M	40.9M	40.9M	40.6M	36.7M	29.9M
Goodwill & intangibles	9.1M	42.1M	13.2M	9.8M	8.4M	6.9M	5.5M	4.1M	2.8M	1.5M
Total assets	117.7M	112.3M	99.2M	122.9M	119.7M	118M	144.5M	135.2M	128.3M	116.8M
Accounts payable	15.9M	11.8M	11.6M	21.9M	18.2M	16.5M	26.3M	20.7M	16.1M	17.4M
Short-term debt	465K	15M	12.9M	14.8M	4.7M	10.5M	5.1M	9.9M	5.8M	9.5M
Total current liabilities	43.3M	41M	51.9M	64.3M	48M	42.7M	70.2M	53.6M	43.6M	31.7M
Long-term debt	3.6M	1.7M	2M	17.8M	30.9M	21.1M	28.1M	25.5M	25.3M	18.8M
Total liabilities	49.1M	46.3M	55.8M	82.1M	79M	63.9M	98.3M	79.1M	68.9M	50.5M
Shareholders' equity	68.6M	66.1M	43.4M	40.8M	40.7M	54.1M	46.3M	56M	59.4M	66.3M
Total debt	4.1M	16.8M	14.9M	32.6M	35.6M	31.5M	33.1M	35.4M	31.2M	28.3M
Net debt	-14.6M	16.7M	13.7M	30.1M	32.2M	30.7M	20.4M	34.3M	23.4M	27.8M

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Cash & short-term investments	1.7M	1.1M	1.1M	938K	1.4M	7.7M	1.2M	1M	1.2M	456K	943K	17M
Receivables	41.3M	19.2M	14.6M	14.2M	13.4M	13.5M	11.2M	15.4M	14.4M	15.8M	16M	17M
Inventory	39.9M	37.4M	37.4M	38.8M	40.4M	40M	49.5M	51.4M	45.8M	42M	42.7M	28.2M
Total current assets	99.7M	69.7M	58.3M	59.1M	62.1M	66.9M	68.1M	78.3M	68.6M	64.3M	64.6M	77M
Property, plant & equipment	62M	40.6M	62.3M	61M	60.9M	36.7M	59.4M	50.6M	49.7M	29.9M	52.3M	34.3M
Goodwill & intangibles	4.5M	4.1M	3.8M	3.5M	3.1M	2.8M	2.5M	2.1M	1.8M	1.5M	1.2M	1M
Total assets	164.6M	135.2M	123.1M	122.5M	125.1M	128.3M	129.3M	130.5M	119.6M	116.8M	118M	112.2M
Accounts payable	25.3M	20.7M	16.3M	15.9M	17.4M	16.1M	23M	20M	17.6M	17.4M	17.6M	11.1M
Short-term debt	23M	9.9M	5.5M	16.1M	15.7M	5.8M	9.4M	22.9M	8.8M	9.5M	9.8M	3.8M
Total current liabilities	84.4M	53.6M	39.7M	39.2M	41.4M	43.6M	45.1M	51.3M	34.8M	31.7M	33.6M	28.3M
Long-term debt	25.8M	25.5M	25.4M	24.3M	24.1M	25.3M	24.9M	20.2M	18M	18.8M	18.2M	18.1M
Total liabilities	110.2M	79.1M	65M	63.5M	65.5M	68.9M	70M	71.6M	52.8M	50.5M	51.8M	46.4M
Shareholders' equity	54.4M	56M	58M	59.1M	59.6M	59.4M	59.3M	59M	66.9M	66.3M	66.2M	65.8M
Total debt	48.8M	35.4M	30.9M	40.4M	39.7M	31.2M	34.3M	43.2M	26.8M	28.3M	27.9M	21.8M
Net debt	47.1M	34.3M	29.8M	39.5M	38.4M	23.4M	33.1M	42.1M	25.6M	27.8M	27M	4.8M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Net income	1.3M	-3.2M	-24M	-4.6M	-1.5M	2.8M	-9.7M	7.6M	1.2M	5.2M
Depreciation & amortization	6.9M	9M	9.2M	7.5M	6.3M	6.3M	6.1M	6.4M	6.7M	6.3M
Stock-based compensation	753K	1.1M	1.5M	1.9M	1.3M	2.7M	2.2M	2.2M	2.4M	1.9M
Change in working capital	9.1M	-5.7M	6.1M	-770K	-1.6M	-12.6M	18.1M	-25.9M	5.5M	-19M
Operating cash flow	18.8M	-5.2M	-11M	5M	4.5M	-696K	16.6M	-9.6M	15.7M	-15.4M
Capital expenditure	-6.2M	-6.6M	-1.6M	-1.8M	-1.5M	-1.7M	-3.1M	-6.4M	-3.5M	—
Investing cash flow	-3.2M	-19.9M	-1.6M	-1.8M	-1.5M	-1.7M	-3.1M	-6.4M	-3.5M	12.5M
Dividends paid	—	—	—	—	—	—	—	—	—	—
Share repurchases	—	0	-52K	0	-139K	-1.4M	-549K	—	—	—
Financing cash flow	-3.3M	-137.3M	-140.2M	-178M	-167M	12M	-8.6M	1.7M	-3.7M	-772K
Net change in cash	12.4M	-162.4M	-152.8M	-174.9M	-164.1M	9.6M	5M	-14.3M	8.5M	-3.6M
Free cash flow	10.7M	-16M	-279K	2.7M	3.8M	-14.5M	13.5M	-13.4M	10.2M	-19M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Net income	4.4M	1.1M	1.5M	482K	74K	-914K	-370K	-989K	11.3M	-862K	-495K	-1.8M
Depreciation & amortization	1.6M	1.6M	1.6M	1.7M	1.7M	1.7M	1.7M	1.6M	3.4M	1.5M	1.5M	37K
Stock-based compensation	570K	586K	512K	659K	515K	673K	475K	693K	473K	261K	383K	479K
Change in working capital	-12M	11.5M	1.7M	-10.5M	411K	13.8M	-9.7M	-14.6M	-18.8M	1.1M	-515K	-2.4M
Operating cash flow	-5.4M	14.8M	5.3M	-7.6M	2.7M	15.3M	-7.9M	-12.5M	-12.7M	857K	2.9M	-3.8M
Capital expenditure	-1.3M	-1.1M	-1.7M	-631K	-745K	-339K	-916K	—	—	—	—	—
Investing cash flow	-1.3M	-1.1M	-1.7M	-631K	-745K	-339K	-916K	—	—	0	—	—
Dividends paid	—	—	—	—	—	—	—	—	—	—	—	—
Share repurchases	—	—	—	—	—	—	—	—	—	—	—	—
Financing cash flow	6.1M	3.3M	-4.1M	9.9M	-1.3M	-8.1M	2.4M	14.2M	-16.5M	3.9M	904K	-6.5M
Net change in cash	-604K	17M	-588K	1.7M	673K	6.8M	-6.4M	1.8M	-29.2M	4.8M	3.8M	-10.3M
Free cash flow	-6.5M	14.6M	4.1M	-10.1M	1.7M	14.5M	-9M	-13.7M	-14.9M	-187K	127K	-4.2M

Broadwind Inc. Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement