Broadwind, Inc. (BWEN) Income Statement
BWEN 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsBWEN revenue and net income
Where BWEN's revenue goes
2025Each bar shows an amount and its share of revenue. BWEN kept 3.3% of revenue as net income.
BWEN profit margins
BWEN growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +10.4% | −3.7% | −4.5% | −2.3% |
| Gross profit | −27.0% | +13.0% | −3.0% | +7.0% |
| Operating income | −89.3% | — | +1.3% | — |
| Net income | +355.0% | — | — | — |
| EPS (diluted) | −360.0% | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
BWEN quarterly EPS vs estimates
Broadwind beat the analyst EPS estimate in 4 of the last 8 quarters. Next report: November 12, 2026 (estimate $-0.04).
BWEN income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $158.1M | $143.1M | $203.5M | $176.8M | $145.6M | $198.5M | $178.2M | $125.4M | $146.8M | $180.8M |
| Cost of revenue | $142.6M | $121.9M | $171.0M | $166.0M | $140.1M | $180.5M | $162.8M | $122.3M | $138.6M | $162.7M |
| Gross profit | $15.5M | $21.2M | $32.5M | $10.7M | $5.5M | $18.0M | $15.4M | $3.1M | $8.2M | $18.1M |
| Research & development | — | — | — | — | — | — | — | $0 | $0 | $0 |
| Sales, general & admin | $15.0M | $16.3M | $20.6M | $16.6M | $17.4M | $16.8M | $16.1M | $13.6M | $13.8M | $15.8M |
| Total operating expenses | $15.0M | $17.0M | $21.4M | $17.3M | $18.1M | $17.6M | $17.8M | $15.5M | $15.6M | $16.2M |
| Operating income | $451,000 | $4.2M | $11.1M | −$6.6M | −$12.6M | $422,000 | −$2.4M | −$25.1M | −$7.4M | $1.9M |
| Interest income | — | — | — | — | — | — | $2.3M | $1.5M | $798,000 | $625,000 |
| Interest expense | $3.4M | $3.1M | $3.2M | $3.2M | $1.1M | $2.0M | $2.3M | $1.5M | $798,000 | $625,000 |
| Income before taxes | $5.3M | $1.2M | $7.9M | −$9.7M | $2.9M | −$1.4M | −$4.5M | −$24.2M | −$8.2M | $1.3M |
| Income taxes | $87,000 | $74,000 | $241,000 | $35,000 | $25,000 | $48,000 | $38,000 | −$205,000 | −$5.0M | −$2,000 |
| Net income | $5.2M | $1.2M | $7.6M | −$9.7M | $2.8M | −$1.5M | −$4.5M | −$24.1M | −$3.6M | $319,000 |
| EBITDA | $15.0M | $11.0M | $17.5M | −$417,000 | $10.3M | $6.7M | $5.3M | −$13.5M | $1.6M | $8.8M |
| EPS (diluted) | −$0.13 | $0.05 | $0.36 | −$0.48 | −$0.33 | −$0.09 | −$0.27 | −$1.21 | −$0.23 | $0.05 |
| Gross margin | 9.8% | 14.8% | 16.0% | 6.1% | 3.8% | 9.1% | 8.6% | 2.4% | 5.6% | 10.0% |
| Operating margin | 0.3% | 3.0% | 5.5% | −3.7% | −8.6% | 0.2% | −1.3% | −20.0% | −5.1% | 1.1% |
| Net margin | 3.3% | 0.8% | 3.8% | −5.5% | 2.0% | −0.7% | −2.5% | −19.3% | −2.5% | 0.2% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $24.3M | $34.1M | $37.7M | $44.2M | $39.2M | $36.8M | $33.6M | $35.5M | $36.5M | $37.6M | $46.6M | $57.2M |
| Cost of revenue | $20.5M | $29.4M | $34.6M | $39.9M | $35.4M | $32.7M | $29.8M | $30.3M | $30.9M | $31.0M | $39.6M | $47.0M |
| Gross profit | $3.8M | $4.7M | $3.1M | $4.4M | $3.8M | $4.2M | $3.8M | $5.2M | $5.6M | $6.6M | $7.0M | $10.2M |
| Sales, general & admin | $3.9M | $4.2M | $3.2M | $3.8M | $4.0M | $4.0M | $3.9M | $3.9M | $4.1M | $4.4M | $4.6M | $4.6M |
| Total operating expenses | $4.0M | $4.3M | $3.2M | $3.8M | $4.0M | $4.0M | $4.1M | $4.0M | $4.3M | $4.6M | $4.8M | $4.8M |
| Operating income | −$247,000 | $389,000 | −$69,000 | $559,000 | −$165,000 | $184,000 | −$288,000 | $1.2M | $1.3M | $2.1M | $2.3M | $5.4M |
| Interest expense | $418,000 | $808,000 | $860,000 | $1.2M | $783,000 | $516,000 | $762,000 | $1.1M | $726,000 | $532,000 | $1.0M | $932,000 |
| Income before taxes | −$660,000 | −$421,000 | −$871,000 | $7.5M | −$956,000 | −$334,000 | −$973,000 | $115,000 | $535,000 | $1.5M | $1.2M | $4.4M |
| Income taxes | $24,000 | $74,000 | −$9,000 | $27,000 | $33,000 | $36,000 | −$59,000 | $41,000 | $53,000 | $39,000 | $162,000 | $28,000 |
| Net income | −$639,000 | −$495,000 | −$862,000 | $7.5M | −$989,000 | −$370,000 | −$914,000 | $74,000 | $482,000 | $1.5M | $1.1M | $4.4M |
| EBITDA | −$205,000 | $1.9M | $1.5M | $10.2M | $1.5M | $1.9M | $1.5M | $2.8M | $3.0M | $3.7M | $3.9M | $7.0M |
| EPS (diluted) | −$0.03 | −$0.02 | −$0.04 | −$0.03 | −$0.04 | −$0.02 | −$0.04 | $0.00 | $0.02 | $0.07 | $0.05 | $0.20 |
| Gross margin | 15.6% | 13.8% | 8.3% | 9.8% | 9.7% | 11.3% | 11.3% | 14.6% | 15.3% | 17.6% | 15.1% | 17.8% |
| Operating margin | −1.0% | 1.1% | −0.2% | 1.3% | −0.4% | 0.5% | −0.9% | 3.3% | 3.4% | 5.5% | 4.9% | 9.4% |
| Net margin | −2.6% | −1.5% | −2.3% | 16.9% | −2.5% | −1.0% | −2.7% | 0.2% | 1.3% | 4.0% | 2.3% | 7.7% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in BWEN's financial statements (latest annual report filed March 11, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
BWEN financial results
In fiscal year 2025 (ended December 31, 2025), Broadwind reported revenue of $158.1 million, up 10.4% from the year before. It had net income of $5.2 million (up 355.0%), a net profit margin of 3.3%. Diluted earnings per share came to −$0.13. Over five years revenue grew at an average rate of −4.5% a year.
See the BWEN stock overview for the latest quote and news, or the BWEN chart for price history and technical indicators.
BWEN income statement FAQ
What is Broadwind's annual revenue?
Broadwind reported total revenue of $158.1 million for fiscal year 2025, which ended on December 31, 2025. That was up 10.4% from $143.1 million the previous year.
Is Broadwind profitable?
Yes. Broadwind reported net income of $5.2 million in fiscal 2025, a net profit margin of 3.3%; its operating margin was 0.3%.
What is Broadwind's gross margin?
Broadwind's gross margin was 9.8% in fiscal 2025: for every $100 of revenue, Broadwind kept $10 after the direct cost of its products and services.
How fast is Broadwind growing?
Revenue grew −4.5% a year on average over the last five fiscal years, from $198.5 million to $158.1 million.
What are Broadwind's earnings per share?
Broadwind earned $-0.13 per diluted share in fiscal 2025, compared with $0.05 a year earlier.
When will Broadwind report its next earnings?
Broadwind is expected to report results for the quarter ending September 30, 2026 on November 12, 2026.
When does Broadwind's fiscal year end?
Broadwind's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on March 11, 2026.