BWEN on Nasdaq
BROADWIND, INC.
$3.47 down 0.18 (4.93%)Price as of Oct 15, 2026 at 17:33 UTC
Last updated Oct 16, 2026.
Overview
Compare with HUHUTECH International Group Inc. or Matthews International, or pick any stock.
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
10.2%Gross margin4
5.5%Operating margin4
3.3%Net margin4
10.4%Revenue growth, 20254
7.9%Return on equity4
0.08×Debt to equity4
-$19.0MFree cash flow4
What sells
Revenue by product, business segment and region, as the company reports it to the SEC.
Business segments
Heavy Fabrications brought in 64% of the revenue BROADWIND, INC. broke down this way in fiscal 2025.
Business segments by year
| Business segments | 2024 | 2025 |
|---|---|---|
| Heavy Fabrications | $82.7M | $101.2M |
| Industrial Solutions | $26.1M | $30.3M |
| Gearing | $35.6M | $27.4M |
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Selling, general and admin10¢$15.0M
- Other costs87¢$137.7M
- Income tax0¢$87.0K
- Profit3¢$5.2M
Out of $158.1M in revenue.4
Financial statements
Every line of the income statement in the latest annual report, as filed.4
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Revenues | $158.1M | $143.1M |
| Cost of sales | $141.9M | $121.9M |
| Gross profit | $16.1M | $21.2M |
| Selling, general and administrative | $15.0M | $16.3M |
| Gain on sale of Manitowoc industrial fabrication operations | -$8.2M | $0 |
| Intangible amortization | $661.0K | $661.0K |
| Total operating expense, net | $7.5M | $17.0M |
| Operating income | $8.7M | $4.2M |
| Interest expense, net | -$3.4M | -$3.1M |
| Other, net | $64.0K | $79.0K |
| Total other expense, net | -$3.3M | -$3.0M |
| Net income before provision for income taxes | $5.3M | $1.2M |
| Provision for income taxes | $87.0K | $74.0K |
| NET INCOME | $5.2M | $1.2M |
| Net income (in dollars per share) | $0.23 | $0.05 |
| WEIGHTED AVERAGE COMMON SHARES OUTSTANDINGBASIC (in shares) | 22.9M shares | 21.9M shares |
| Net income (in dollars per share) | $0.23 | $0.05 |
| WEIGHTED AVERAGE COMMON SHARES OUTSTANDINGDILUTED (in shares) | 23.0M shares | 22.0M shares |
Every line of the balance sheet in the latest annual report, as filed.4
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Cash | $456.0K | $7.7M | |
| Accounts receivable, net | $15.8M | $13.5M | |
| AMP credit receivable | $2.6M | $2.5M | |
| Contract assets | $900.0K | $836.0K | |
| Inventories | $42.0M | $40.0M | |
| Prepaid expenses and other current assets | $2.5M | $2.4M | |
| Total current assets | $64.3M | $66.9M | |
| Property and equipment, net | $39.5M | $45.6M | |
| Operating lease right-of-use assets | $11.9M | $13.8M | |
| Intangible assets, net | $741.0K | $1.4M | |
| Other assets | $441.0K | $606.0K | |
| TOTAL ASSETS | $116.8M | $128.3M | |
| Line of credit and current maturities of long-term debt | $5.0M | $1.5M | |
| Current portion of finance lease obligations | $2.1M | $2.3M | |
| Current portion of operating lease obligations | $2.3M | $2.1M | |
| Accounts payable | $17.4M | $16.1M | |
| Accrued liabilities | $2.2M | $3.6M | |
| Customer deposits | $2.7M | $18.0M | |
| Total current liabilities | $31.7M | $43.6M | |
| Long-term debt, net of current maturities | $5.1M | $7.7M | |
| Long-term finance lease obligations, net of current portion | $2.5M | $3.8M | |
| Long-term operating lease obligations, net of current portion | $11.3M | $13.8M | |
| Other | $4.0K | $15.0K | |
| Total long-term liabilities | $18.8M | $25.3M | |
| Preferred stock, $0.001 par value; 10,000,000 shares authorized; no shares issued or outstanding | $0 | $0 | |
| Common stock, $0.001 par value; 45,000,000 shares authorized; 23,584,677 and 22,593,589 shares issued as of December 31, 2025, and December 31, 2024, respectively | $24.0K | $23.0K | |
| Treasury stock, at cost, 273,937 shares as of December 31, 2025 and December 31, 2024 | -$1.8M | -$1.8M | |
| Additional paid-in capital | $403.2M | $401.6M | |
| Accumulated deficit | -$335.1M | -$340.3M | |
| Total stockholders equity | $66.3M | $59.4M | $56.0M |
| TOTAL LIABILITIES AND STOCKHOLDERS EQUITY | $116.8M | $128.3M | |
| Preferred stock, par value (in dollars per share) | $0.00 | $0.00 | |
| Preferred stock, shares authorized (in shares) | 10.0M shares | 10.0M shares | |
| Preferred stock, shares issued (in shares) | 0 shares | 0 shares | |
| Preferred stock, shares outstanding (in shares) | 0 shares | 0 shares | |
| Common stock, par value (in dollars per share) | $0.00 | $0.00 | |
| Common stock, shares authorized (in shares) | 45.0M shares | 45.0M shares | |
| Common stock, shares issued (in shares) | 23.6M shares | 22.6M shares | |
| Treasury stock, common shares (in shares) | 273.9K shares | 273.9K shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow in the latest annual report, as filed.4
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Net income | $5.2M | $1.2M |
| Depreciation and amortization expense | $6.3M | $6.7M |
| Deferred income taxes | -$10.0K | $0 |
| Stock-based compensation | $638.0K | $1.2M |
| Allowance for credit losses | $103.0K | -$5.0K |
| Common stock issued under defined contribution 401(k) plan | $1.3M | $1.2M |
| Gain on sale of assets | -$8.2M | -$114.0K |
| Accounts receivable | -$2.5M | $5.8M |
| AMP credit receivable | -$31.0K | $4.5M |
| Contract assets | -$64.0K | $624.0K |
| Inventories | -$2.5M | -$2.5M |
| Prepaid expenses and other current assets | -$259.0K | $1.1M |
| Accounts payable | $1.4M | -$4.4M |
| Accrued liabilities | -$1.4M | -$2.9M |
| Customer deposits | -$15.3M | $1.5M |
| Other non-current assets and liabilities | -$2.0K | -$48.0K |
| Net cash (used in) provided by operating activities | -$15.4M | $13.8M |
| Purchases of property and equipment | -$3.6M | -$3.6M |
| Net proceeds from sale of Manitowoc industrial fabrication operations | $12.5M | $0 |
| Net proceeds from disposals of property and equipment | $0 | $159.0K |
| Net cash provided by (used in) investing activities | $8.9M | -$3.5M |
| Proceeds from (payments on) line of credit, net | $3.9M | -$4.6M |
| Payments for deferred financing costs | $0 | -$20.0K |
| Proceeds from long-term debt | $0 | $4.1M |
| Payments on long-term debt | -$3.0M | -$1.4M |
| Principal payments on finance leases | -$1.4M | -$1.6M |
| Shares withheld for taxes in connection with issuance of restricted stock | -$256.0K | -$130.0K |
| Net cash used in financing activities | -$772.0K | -$3.7M |
| NET (DECREASE) INCREASE IN CASH | -$7.3M | $6.6M |
| Interest paid | $1.4M | $1.6M |
| Income taxes paid | $164.0K | $192.0K |
| Equipment additions via finance lease | $0 | $1.4M |
| Non-cash purchases of property and equipment | $80.0K | $257.0K |
Former names
Recent filings
- Aug 21, 20268-K/A
- Aug 11, 20268-K
- Aug 11, 202610-Q
- Jul 6, 20264
- Jul 6, 20264
- Jul 6, 20264
- Jun 1, 2026SD
- Jun 1, 20264
- Jun 1, 20264
- Jun 1, 20264
- Jun 1, 20264
- Jun 1, 20264
- Jun 1, 20264
- Jun 1, 20264
- May 29, 20268-K
Every filing from the last three years, summarized. The full record is on SEC EDGAR.1
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1SEC EDGARBROADWIND, INC. filings on SEC EDGAR
- 2Yahoo FinanceBWEN quote
- 3SEC EDGARBROADWIND, INC. filings on SEC EDGAR
- 4SEC EDGARBROADWIND, INC. 10-K for fiscal 2025
- 5SEC EDGARBROADWIND, INC. 10-K for fiscal 2019
- 6SEC EDGARBROADWIND, INC. 10-K for fiscal 2020
- 7SEC EDGARBROADWIND, INC. 10-K for fiscal 2021
- 8SEC EDGARBROADWIND, INC. 10-K for fiscal 2022
- 9SEC EDGARBROADWIND, INC. 10-K for fiscal 2023
- 10SEC EDGARBROADWIND, INC. 10-K for fiscal 2021
- 11SEC EDGARBROADWIND, INC. 10-Q for fiscal 2026
- 12SEC EDGARBROADWIND, INC. 10-Q for fiscal 2026