Broadwind Energy ( (BWEN) ) has released its Q3 earnings. Here is a breakdown of the information Broadwind Energy presented to its investors.
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Broadwind Energy, a precision manufacturer specializing in structures and components for clean tech and other specialized applications, has reported its financial results for the third quarter of 2025, showcasing significant growth in revenue and orders.
The company announced a 25% year-over-year increase in total revenue, reaching $44.2 million, and a substantial rise in total orders by 90% compared to the previous year. Broadwind’s GAAP net income stood at $7.5 million, or $0.32 per diluted share, while the non-GAAP Adjusted EBITDA was reported at $2.4 million, excluding an $8.2 million gain from the sale of its industrial fabrication operations.
Key highlights include a 43% revenue increase in the Heavy Fabrications segment, driven by strong demand for wind tower sections, and a 37% rise in the Industrial Solutions segment, primarily due to increased sales of natural gas turbine content. However, the Gearing segment saw a 23% decline in sales, attributed to lower demand from industrial and energy markets.
Looking ahead, Broadwind has raised its full-year 2025 revenue guidance, reflecting a strategic focus on expanding opportunities within the power generation and infrastructure markets. The company aims to leverage its strong balance sheet and liquidity to accelerate growth through investments in innovation and strategic acquisitions.