Broadwind Announces First Quarter 2026 Results
Broadwind reported first quarter revenue of $34.1 million, a 7.5% decrease from the prior year, resulting in a GAAP net loss of $0.5 million or $0.02 per share. Core segments demonstrated strong growth, with Gearing revenue up 42% and Industrial Solutions revenue up 64%, driving total orders 23% higher year-over-year to $37.4 million.
Key figures
- Revenue
- 34057000
- Revenue Yoy
- -7.5%
- Orders yoy
- 23%
- Total orders
- 37400000
- Adjusted ebitda
- 2200000
- Net debt to ebitda
- 1.7x
- Proceeds from sale
- 17200000
- Gearing revenue yoy
- 42%
- Industrial solutions revenue yoy
- 64%
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