Welcome to our dedicated page for BROADWIND SEC filings (Ticker: BWEN), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Broadwind, Inc. filings document the regulatory record of a precision manufacturing company and its strategic shift away from wind markets. Recent 8-K and 8-K/A reports cover completed asset sales by Broadwind Heavy Fabrications, including the Abilene production facility and related pro forma financial information, along with prior Manitowoc asset-sale disclosures.
The company’s filings also report operating results, Regulation FD investor presentations, amendments to its credit agreement, term-loan repayment terms, and direct financial obligations. Proxy materials describe board matters, executive compensation, equity-award information, shareholder voting items and governance practices tied to Broadwind’s public-company structure.
BROADWIND, INC. (BWEN) filed an amended report to provide unaudited pro forma condensed consolidated financial information reflecting the completed sale of its Manitowoc, Wisconsin operations. Through its subsidiary Broadwind Heavy Fabrications Inc., the company sold specified contracts, equipment, machinery, other personal property and permits to Wisconsin Heavy Fabrication, LLC for $13.5 million in cash, before transaction expenses and customary adjustments.
On a pro forma balance sheet as of June 30 2025, total assets increase to $137.1 million, driven by a cash increase of $12.7 million and removal of assets held for sale, while line of credit and current maturities of long-term debt decrease by $1.6 million. Accumulated deficit improves by $8.2 million, raising stockholders’ equity to $67.2 million. For 2024, pro forma revenues decline by $18.2 million to $125.0 million, but pro forma net income rises to $9.0 million versus historical $1.2 million, reflecting removal of Manitowoc operating results and related interest. For the six months ended June 30 2025, pro forma revenues decline by $8.0 million to $68.0 million, and the pro forma net loss widens modestly to $1.7 million.
Broadwind, Inc. reports sharply higher revenue but remains unprofitable from continuing operations for the quarter and six months ended June 30, 2026. Quarterly revenues from continuing operations rose to $24.3 million from $14.5 million, driven mainly by a 79% surge in Industrial Solutions sales to new and aftermarket gas turbine customers and 24% growth in Gearing revenue to power generation customers. Gross margin improved to 15.6% from 6.9%, and loss from continuing operations narrowed to $0.7 million from $3.0 million. Adjusted EBITDA turned positive at $1.6 million versus a loss of $1.1 million.
For the first half of 2026, revenue rose to $42.2 million from $29.4 million, with both segments growing and Industrial Solutions achieving a 17.7% operating margin. Net loss for the first half modestly improved to $1.1 million. Broadwind completed the sale of its Abilene, Texas wind tower facility, exiting the wind and industrial fabrications business; related operations are presented as discontinued operations, which generated $1.1 million of income in the first half despite a loss on the facility sale and a contract dispute charge. Cash and cash equivalents increased to $17.0 million, aided by $27.1 million of net cash from discontinued operations, while total debt declined to $3.3 million. Orders and backlog remain solid, with second quarter book‑to‑bill at 1.5x and backlog of $89.3 million, supporting visibility for the remaining year.
Broadwind, Inc. reported second quarter 2026 results from its continuing precision manufacturing operations after exiting wind fabrications. Revenue was $24.3 million, up 67% year-over-year, driven by strong demand in the Industrial Solutions and Gearing segments. The company recorded a GAAP loss from continuing operations of $0.7 million, or $0.03 per diluted share, a significant improvement from a $3.0 million loss a year earlier.
Non-GAAP Adjusted EBITDA was $1.6 million, or 6.4% of revenue, versus negative $1.1 million in the prior-year quarter. Total orders rose 68% to $35.2 million, and combined Industrial Solutions and Gearing backlog nearly doubled, with segment backlogs of $47.4 million and $37.6 million, respectively, and an overall book-to-bill of 1.5x. Liquidity totaled $40.1 million (cash plus availability) at June 30, 2026, against $6.3 million of total debt and finance leases, following the sale of the Abilene, Texas facility and reclassification of wind fabrication results to discontinued operations.
Mayo Gilbert W. Jr. reported acquisition or exercise transactions in this Form 4 filing.
BROADWIND, INC. executive Mayo Gilbert W. Jr., President of Broadwind Industrial Solutions, reported a stock-based compensation grant. He received 8,348 shares of common stock at $4.65 per share as a grant or award, increasing his direct holdings to 133,438 shares.
He also reports 27,144 shares held indirectly through a 401(k) plan. In addition, he holds several restricted stock unit awards, including 3,635 units that vest into 3,635 shares on May 16, 2027 and 8,348 units that vest in installments from July 1, 2027 through July 1, 2031.
Ciccone Thomas A reported acquisition or exercise transactions in this Form 4 filing.
BROADWIND, INC. VP and CFO Thomas A. Ciccone reported a compensation-related equity grant rather than an open-market trade. He received 16,289 shares of common stock at $4.65 per share as a grant or award, increasing his direct holdings to 128,211 shares.
He also reports indirect ownership of 21,546.4 shares held through a 401(k) plan. A related footnote shows multiple blocks of restricted stock units that are scheduled to vest in stages between 2027 and 2031, further tying his compensation to the company’s long-term performance.
BROADWIND, INC. President and CEO Eric B. Blashford reported an equity compensation grant of 41,251 shares of common stock at $4.65 per share. After this award, he directly owns 654,523 common shares and indirectly holds 41,050.5 shares through a 401(k) Plan.
His holdings include several restricted stock unit awards scheduled to vest into common shares between 2027 and 2031, with specific tranches of 18,199; 41,250; 41,786; and 41,251 restricted stock units converting into defined share amounts on future vesting dates.
Blashford Eric B. reported acquisition or exercise transactions in this Form 4 filing.
BROADWIND, INC. reported an insider compensation-related transaction by President and CEO Eric B. Blashford. He received a grant of 41,786 shares of Common Stock at $3.675 per share as a stock award, increasing his direct holdings to 613,272 shares. A separate entry shows 40,409 shares of Common Stock held indirectly through a 401(k) plan. Footnote disclosure explains that his holdings include multiple blocks of restricted stock units that vest into shares on specified future dates.
BROADWIND, INC. reported that VP and CFO Thomas A. Ciccone received an equity grant of 15,157 shares of Common Stock on May 28, 2026, at $3.675 per share, categorized as a grant, award, or other acquisition. Following this grant, he directly owns 111,922 Common shares, in addition to 21,196 shares held indirectly through a 401(k) plan. His reported holdings also include restricted stock units totaling 36,599 shares scheduled to vest in tranches between May 2027 and May 2029.
Mayo Gilbert W. Jr. reported acquisition or exercise transactions in this Form 4 filing.
BROADWIND, INC. executive Gilbert W. Mayo Jr., President of Broadwind Industrial Solutions, reported a compensation-related stock grant and updated holdings. He received 8,231 shares of common stock as a grant at $3.675 per share, increasing his direct ownership to 125,090 shares.
He also reports 26,780 shares held indirectly through a 401(k) plan. The direct total includes restricted stock units: 3,635 RSUs that vest into 3,635 shares on 5/16/27, 8,238 RSUs that vest into 4,119 shares on each of 5/15/27 and 5/15/28, and 8,231 RSUs that vest into 2,743 shares on 5/28/27 and 2,744 shares on each of 5/28/28 and 5/28/29. This is a grant/award, not an open-market purchase.
Wood Cary B reported acquisition or exercise transactions in this Form 4 filing.
BROADWIND, INC. director Cary B. Wood reported an equity grant of 13,605 shares of common stock valued at $3.675 per share. The award consists of 13,605 restricted stock units that are scheduled to vest on 05/28/2027. Following this grant, Wood directly holds 164,471 shares of Broadwind common stock.