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Recent Updates — BWEN

August 11, 2026View Source ↗

Broadwind, Inc. reported second quarter 2026 financial results on August 11, 2026, following the strategic exit from its wind fabrication business via the sale of its Abilene, Texas facility to IES Infrastructure for up to $19.5 million. Total revenue increased 67% year-over-year to $24.3 million, driven by a 79% surge in Industrial Solutions and a 24% increase in Gearing segment sales. The company reported a GAAP loss from continuing operations of $0.7 million, or $0.03 per diluted share, compared to a $3.0 million loss in the prior year period. Non-GAAP Adjusted EBITDA turned positive at $1.6 million, up from a $(1.1) million loss previously. Total orders grew 68% to $35.2 million, with a book-to-bill ratio of 1.5x. Liquidity stood at $40.1 million, including $6.3 million in total debt and financing leases. Broadwind operates as a precision manufacturer of specialized components and solutions for power generation and critical infrastructure markets.