Core Viewpoint - Broadwind announced preliminary financial results for the full-year 2025 and provided financial guidance for 2026, indicating strong demand in core markets and expectations for significant revenue growth in 2026 [1][5]. Preliminary Full-Year 2025 Results - The company reported total revenue for 2025 in the range of $155 million to $160 million, with net income estimated between $4.7 million and $5.7 million [9]. - Non-GAAP Adjusted EBITDA for 2025 is projected to be between $8 million and $9 million [9]. Demand Conditions - Demand across Broadwind's core vertical markets was strong in Q4 2025, particularly in power generation, industrial, and energy sectors, aligning with the financial guidance provided earlier [3]. - Order rates in the power generation vertical increased by over 70% year-over-year in 2025 [7]. Supply Chain Issues - A raw material supply issue in the Heavy Fabrications segment affected manufacturing throughput and efficiency, but corrective actions are expected to resolve the impact in Q1 2026 [4]. Financial Guidance for 2026 - For the full-year 2026, Broadwind anticipates total revenue between $140 million and $150 million, with a midpoint of $145 million [6]. - Non-GAAP Adjusted EBITDA for 2026 is expected to be between $8 million and $10 million [6]. Management Commentary - The CEO highlighted expectations for organic revenue growth of over 20% in 2026 compared to 2025, excluding contributions from the divested Manitowoc facility [7]. - The company plans to focus on capital allocation strategies that prioritize new product innovation, inorganic growth, and share repurchases [7].
Broadwind Announces Preliminary Full-Year 2025 Results, Introduces Full-Year 2026 Financial Guidance, and Announces Fourth Quarter 2025 Results Conference Call and Webcast Date