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. 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. files its annual report describing a diversified manufacturing business serving wind power, gas turbines, oil and gas, mining and other industrial markets through Heavy Fabrications, Gearing and Industrial Solutions segments. The company produces wind towers, pressure reducing systems, gearing, gearboxes and complex kitted assemblies.
Backlog was about $96 million as of December 31, 2025, down 24% from the prior year, reflecting softer order trends. One customer, GE Vernova, provided more than 10% of consolidated revenues, and the five largest customers represented 80%, highlighting customer concentration risk.
The report stresses that changes in U.S. tax policy and trade rules are critical, including production and investment tax credits for wind, new limitations under the One Big Beautiful Bill Act, and time-limited advanced manufacturing credits. Broadwind had 341 employees, about 20% covered by unions under multi‑year collective bargaining agreements, and notes exposure to inflation, high interest rates, cybersecurity, environmental compliance and activist shareholder activity.
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.
Advanced Drainage Systems, Inc. reported that its Employee Stock Ownership Plan (ESOP), held through Delaware Charter Guarantee & Trust Company dba Principal Trust Company as directed trustee, beneficially owns a stake in the company’s common stock.
The ESOP is shown with shared voting and dispositive power over 4,629,213 shares of common stock, representing 5.95% of the class. The plan itself is classified as an employee benefit plan subject to ERISA, and it certifies that the shares were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing control of Advanced Drainage Systems.
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.
Grace & White, Inc. filed an amended Schedule 13G reporting its beneficial ownership in Broadwind, Inc. common stock as of 12/31/2025. The firm reports beneficial ownership of 2,042,554 shares, representing 8.8% of Broadwind’s outstanding common stock.
Grace & White has sole voting power over 519,118 shares and sole dispositive power over all 2,042,554 shares, with no shared voting or dispositive power. The filing states the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of Broadwind.
Broadwind, Inc. reported stronger Q3 results, with net revenues of $44,239k, up from $35,503k a year ago. Net income rose to $7,463k versus $74k, primarily reflecting an $8,155k gain on the sale of the Manitowoc industrial fabrication operations for $13,500k.
Core profitability was mixed. Adjusted EBITDA was $2,407k, down from $3,366k, as the Heavy Fabrications segment grew to $29,364k while Gearing declined to $7,069k and Industrial Solutions improved to $7,872k. The company recognized AMP credits of $4,392k in the quarter within Heavy Fabrications, reducing cost of sales.
Liquidity tightened. Cash was $1,195k at September 30, 2025, compared with $7,721k at year-end, driven by year-to-date operating cash outflows of $16,242k. Total debt was $10,329k, and a $1,600k mandatory repayment on the term loan followed the asset sale. Backlog ended at $94,686k versus $124,298k a year earlier, while total orders were $43,585k. Shares outstanding were 23,200,988 as of November 7, 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. 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. 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.