The reaffirmed 2026 guidance and strong Industrial Solutions growth suggest stability, but declining Q4 EBITDA and flat revenue outlook may limit near-term upside. Monitor execution in Q1 2026 and progress on organic growth initiatives.
Price Chart
Executive Summary
Broadwind (BWEN) reported solid full-year 2025 results with revenue up 10.4% to $158.1 million and GAAP net income of $5.2 million, driven by strong performance in Industrial Solutions and the divestiture of its industrial fabrication operations. Despite a slight YoY decline in Q4 adjusted EBITDA, the company reaffirmed its 2026 guidance and highlighted a $6 million follow-on order for natural gas turbine components, signaling continued demand strength.
Key Financial Metrics
Key Facts
- Full-year 2025 revenue: $158.1 million (+10.4% YoY)
- Full-year 2025 GAAP net income: $5.2 million ($0.23 EPS)
- Q4 2025 revenue: $37.7 million (+12.4% YoY), but adjusted EBITDA declined to $1.9 million from $2.1 million in Q4 2024
- Industrial Solutions segment revenue up 60% in Q4, backlog reached record $38.1 million
- Company reaffirmed 2026 guidance: revenue $140M–$150M, adjusted EBITDA $8M–$10M
- Received $6 million follow-on order for natural gas turbine components, to be fulfilled in late 2026 and 2027
Financial Impact
Revenue growth of 10.4% in 2025 with improved profitability excluding divestiture gain; 2026 guidance implies flat to modest revenue growth but stable EBITDA margins
Risk Factors
- Q4 adjusted EBITDA declined year-over-year despite revenue growth, indicating margin pressure
- 2026 revenue guidance midpoint ($145M) is below 2025 actual ($158.1M), suggesting expected contraction or conservative outlook
- Heavy Fabrications segment showed weakening demand with 20% YoY order decline in Q4
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 press release from GlobeNewswire.
| Document | Accession Number |
|---|---|
| PRESS-RELEASE Data (Synthetic) | press-3253621 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Aug 11, 2026 10w ago | 8-K | $5.34 $4.04 | ▼ −24.34% | ▼ −23.29% | $3.00 (−43.82%) |
Jul 28, 2026 12w ago | Press Release | $3.49 $4.39 | ▲ +25.79% | ▲ +20.77% | $3.00 (−14.04%) |
May 12, 2026 23w ago | 8-K | $4.41 $3.96 | ▼ −10.20% | ▼ −8.48% | $3.00 (−31.97%) |
May 12, 2026 23w ago | Press Release | $4.41 $3.96 | ▼ −10.20% | ▼ −8.48% | $3.00 (−31.97%) |
May 5, 2026 24w ago | Press Release | $1.98 $4.06 | ▲ +105.05% | ▲ +102.27% | $3.00 (+51.52%) |
May 1, 2026 25w ago | Press Release | $2.62 $3.72 | ▲ +41.98% | ▲ +36.70% | $3.00 (+14.50%) |
Apr 14, 2026 27w ago | DEFA14A | $2.19 $2.03 | ▼ −7.31% | ▼ −13.60% | $3.00 (+36.99%) |
Apr 6, 2026 29w ago | 8-K | $2.08 $2.54 | ▲ +22.12% | ▲ +13.13% | $3.00 (+44.23%) |
Mar 11, 2026 32w ago | Press Release | $2.22 $2.11 | ▼ −4.96% | ▼ −5.48% | $3.00 (+35.14%) |
US Market Status
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