Broadwind Q1 revenue falls 7.5% to $34.1 million as net loss widens to $0.5 million
Broadwind reported first quarter 2026 revenue of $34.1 million, down 7.5% from $36.8 million a year earlier, and a net loss of $0.5 million, or $0.02 per share, versus a $0.4 million loss in the prior year. Revenue fell mainly because Heavy Fabrications sales dropped 35%, while orders rose 23% and the company said it is exiting the wind tower business and selling its Abilene facility.
Key points
- Q1 2026 revenue was $34.1 million, down from $36.8 million; Adjusted EBITDA was $2.2 million, down from $2.4 million
- Net loss was $0.5 million ($0.02 per diluted share), compared with a $0.4 million loss ($0.02 per share) in Q1 2025
- Total orders rose 23% to $37.4 million; Industrial Solutions and Gearing revenue grew 64% and 42%, respectively
- Net proceeds of approximately $17.2 million from the April 2026 sale of the Abilene facility; the company expects to exit the wind market in September 2026
The filing
Written by AI on Nov 9, 2026, 8:36 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 12, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.