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Broadwind (BWEN) Q4 2025 earnings results (fourth quarter 2025)

10-K filed Mar 11, 2026

Broadwind (BWEN) reported revenue of $37.7M for the fourth quarter 2025 (Q4 2025), +12% from a year earlier and -15% from the quarter before. Operating margin was -0.2%, net loss $862K (2.3% of revenue).

Revenue$37.7M
Year over year+12%
Quarter over quarter-15%
Operating margin-0.2%
Net earnings−$862K

Broadwind, Q4 2025: revenue $37.7M (+12% year over year), operating margin -0.2%, net loss $862K, operating cash flow $857K. The chart follows the revenue to costs, profit and cash.

Q4 2025AmountQ/QY/Y
Revenue$37.7M-15%+12%
Operating profit−$82K-101%—
Net earnings−$862K-112%—
Operating cash flow$857K-80%-94%

What changed

Revenue was $37.7M in Q4 2025, up 12% year over year and down 15% from the previous quarter.

Gross margin was 8.8%, down 2.5 points from Q4 2024. Operating costs exceeded revenue by $82K, an operating margin of -0.2%. Operating expenses fell 17% while revenue rose 12%. The quarter ended with a net loss of $862K, after a profit of $7.5M the previous quarter. Net interest and other expense of $789K was the main reason.

Operating cash flow was $857K (down 94% year over year). Non-cash charges added back $1.5M of depreciation and amortization. Working capital and other items added $228K. Capital expenditures of $1.0M exceeded it, leaving free cash flow of −$187K.

Questions

What was Broadwind's revenue in the fourth quarter 2025?

Broadwind (BWEN) reported revenue of $37.7M for the fourth quarter 2025 (Q4 2025), +12% from a year earlier and -15% from the quarter before.

Was Broadwind profitable in the fourth quarter 2025?

Operating loss was $82K (-0.2% of revenue) and net loss $862K.

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Source: Broadwind 10-K on SEC EDGAR.