Every 8-K that Broadwind, Inc. (BWEN) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow BWEN and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full BWEN filings page.
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. 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.
Broadwind, Inc. reported the results of its Annual Meeting of Stockholders held on May 28, 2026. Stockholders elected five directors to one-year terms, with each nominee receiving over 7.9 million votes in favor and relatively few votes against.
Investors also approved, on a non-binding basis, the compensation of the company’s named executive officers, with 8,025,229 votes for and 277,659 against. In addition, stockholders strongly ratified the appointment of RSM US LLP as independent registered public accounting firm for 2026, with 15,562,961 votes for and limited opposition.
Broadwind, Inc. reported first quarter 2026 revenue of $34.1 million, down 7.5% from the prior year, and a GAAP net loss of $0.5 million, or $0.02 per share. Consolidated non-GAAP adjusted EBITDA was $2.2 million, slightly below the $2.4 million recorded a year earlier.
The Heavy Fabrications segment saw revenue fall 35% to $16.4 million and adjusted EBITDA decline to $1.7 million, reflecting the sale of the Manitowoc operations, lower PRS demand, and a raw material supply issue. In contrast, Gearing revenue rose 42% to $8.5 million and Industrial Solutions revenue grew 64% to $9.2 million, both benefiting from strong power generation and natural gas turbine demand. Industrial Solutions delivered segment adjusted EBITDA of $1.8 million, or 19.1% of sales.
Total orders increased 23% year-over-year to $37.4 million, with Gearing and Industrial Solutions orders up 66% and 44%, respectively. Broadwind is exiting wind tower production, including the sale of its Abilene, Texas facility, which generated approximately $17.2 million of net cash proceeds, and is repositioning around higher-growth power generation and critical infrastructure markets. Net debt to trailing twelve-month adjusted EBITDA was 1.7x as of March 31, 2026.
Broadwind, Inc. filed an amended report to provide unaudited pro forma financial statements reflecting its strategic exit from the wind market, including the sale of its Abilene, Texas facility for up to $19.5 million in cash plus a $0.5 million equipment purchase option. The pro forma data show 2025 revenues of $60.8 million and a net loss from continuing operations of $9.9 million, and 2024 revenues of $66.7 million with net income of $1.5 million. These statements illustrate how Broadwind’s financial position and results would look after disposing of its wind-focused assets in Manitowoc and Abilene.
Broadwind, Inc. completed the sale of its Abilene, Texas production facility and related assets for an aggregate purchase price of up to $19.5 million, with $1.0 million held in escrow until the facility is vacated. The company entered a short-term, below‑market leaseback expected to run through September 5, 2026, and granted the buyer an option to purchase additional equipment for $500,000.
This transaction, together with a prior Manitowoc facility sale, marks Broadwind’s strategic exit from the wind market and repositioning as a pure‑play precision manufacturer focused on power generation and critical infrastructure. The company withdrew its previously issued 2026 financial guidance following the deal and plans to provide updated commentary with its first‑quarter earnings release and call.
Broadwind, Inc. reported that its Board of Directors approved discretionary cash incentives under its Short Term Incentive Program for 2025 for two top executives. On March 31, 2026, the Board awarded $33,562.50 to President and CEO Eric B. Blashford and $12,140.55 to Vice President and CFO Thomas A. Ciccone.
The Board stated that these awards reflect pay-for-performance principles and the need to retain key leaders as management continues executing the company’s strategic plan. Additional details on executive compensation will appear in the proxy statement for the 2026 Annual Meeting of Shareholders.
Broadwind, Inc. reported solid growth for 2025 and reiterated its 2026 outlook. Full-year 2025 revenue rose to $158.1 million, up 10.4% year-over-year, while GAAP net income increased to $5.2 million, or $0.23 per share. Adjusted EBITDA was $8.7 million, or 5.5% of revenue, excluding an $8.2 million gain from the sale of its Manitowoc industrial fabrication operations, which helped streamline the portfolio and improve liquidity.
Fourth-quarter 2025 revenue grew 12.4% year-over-year to $37.7 million, but the company posted a net loss of $0.9 million as margins were pressured by a raw material supply disruption in Heavy Fabrications. Industrial Solutions stood out with 60% revenue growth to $9.4 million and record backlog of $38.1 million, driven by strong natural gas turbine demand.
Management highlighted a net-debt-to-adjusted-EBITDA ratio of 1.6x at year-end and roughly $25 million of cash and availability under its credit facility. For 2026, Broadwind reaffirmed guidance for revenue of $140–$150 million and adjusted EBITDA of $8–$10 million, reflecting divestiture effects but expecting strong organic growth, particularly in power generation and critical infrastructure markets.
Broadwind, Inc. entered into a Fourth Amendment to its credit agreement with Wells Fargo Bank on February 4, 2026, changing how a key loan covenant is calculated. The amendment adjusts the measurement periods for the Fixed Charge Coverage Ratio and lowers the required ratio for the twelve-month period ending November 30, 2025 to a range of 0.75 to 1.0. It also reduces the required Fixed Charge Coverage Ratio for periods from January 31, 2026 through December 31, 2026 from 1.1 to 1.0 down to 0.75 to 1.0 and excludes certain designated capital expenditures from Unfinanced Capital Expenditures, affecting how the covenant is computed. Broadwind also furnished, as an exhibit, a press release with preliminary financial results for the full year ended December 31, 2025.
Broadwind, Inc. (BWEN) furnished quarterly results. The company submitted an 8-K announcing that it issued a press release with financial results for the quarter ended September 30, 2025, and provided an Investor Presentation, both dated November 13, 2025.
The press release is attached as Exhibit 99.1 under Item 2.02, and the Investor Presentation is attached as Exhibit 99.2 under Item 7.01. The company states these materials are furnished, not filed, and include forward-looking statements with related risks noted in the exhibits.
Broadwind, Inc. filed a Current Report disclosing Amendment No. 3 to its credit agreement dated September 22, 2025. The amendment is between Broadwind, Inc., several consolidated subsidiaries (Brad Foote Gear Works, Inc.; Broadwind Industrial Solutions, LLC; Broadwind Heavy Fabrications, Inc.; 5100 Neville Road, LLC) and Wells Fargo Bank, N.A.. The filing lists the amendment as Exhibit 10.1 and is signed by Eric B. Blashford, President and CEO.
Broadwind, Inc. announced that its Board of Directors has approved a stock repurchase program authorizing the company to buy back up to $3 million of its outstanding common stock. The company may conduct repurchases in the open market or through privately negotiated transactions, subject to securities laws.
The timing and actual amount of any repurchases will depend on factors such as share price, business and market conditions, and alternative investment opportunities. The Board may modify, suspend, or terminate the program at any time, and future share repurchases will be reported in Broadwind’s periodic SEC filings.
Broadwind, Inc. completed the sale of certain assets of its Broadwind Heavy Fabrications subsidiary to Wisconsin Heavy Fabrication, a subsidiary of IES Holdings, under an asset purchase agreement dated June 4, 2025. The assets sold include specified contracts, equipment, machinery, other personal property, and permits used at the Manitowoc, Wisconsin production facility.
At closing, the seller received approximately $13,500,000 in cash, and the buyer assumed certain liabilities of the seller. The agreement also provided for a potential $500,000 closing bonus if the transaction closed after July 31, 2025 but on or before September 8, 2025, and the parties agreed to extend the bonus deadline to that same outside date. In connection with the closing, Daniel E. Schueller resigned as president of the seller; his resignation is stated not to result from any disagreement with the company’s operations, policies, or practices.
Broadwind, Inc. furnished a press release announcing its financial results for the quarter ended June 30, 2025, and provided an accompanying investor presentation as exhibits to this Form 8-K. The filing states the press release and presentation are being furnished (not "filed") under the Exchange Act and that those materials include forward-looking statements and related risk disclosures. The 8-K itself does not include the underlying financial tables or detailed results in-line; readers must refer to the attached press release and investor presentation for the full figures and explanatory detail.