BWEN earnings analysis
What we found in BWEN's 10-Q: the parts that mattered, the offsets in the same document, and what the company said about what comes next.
Our reading of the filing · Free to read, no account needed
Broadwind reported Q2 2026 revenue of $24.303 million, down from $34 million in Q1 2026 and $39 million in Q2 2025, while diluted EPS remained negative at $0.03. The supplied filing text does not include current gross margin, operating margin, segment, balance-sheet, or cash-flow figures, so those fields remain null. No quantitative forward revenue or EPS guidance was provided, and management stated that the risk factors from the December 31, 2025 10-K remain applicable.
The parts that mattered.
Pulled out of the filing itself, with the figures the company reported.
- Revenue declined sharply
- Revenue was $24.303 million, down from $34 million in Q1 2026 and $39 million in Q2 2025, indicating a material sequential and year-over-year contraction.
- EPS remained negative
- Diluted EPS was a loss of $0.03, versus a loss of $0.02 in Q1 2026 and a loss of $0.04 in Q2 2025.
- Disclosure controls effective
- Management concluded that disclosure controls and procedures were effective as of June 30, 2026.
- Repurchase capacity preserved
- The company had $3,000 remaining under its share-repurchase authorization as of June 30, 2026, with no repurchases during the quarter.
And the other side of it.
The offsets in the same document — the things a summary that only listed the good news would have left out.
- Severe revenue contraction
- Revenue fell to $24.303 million from $34 million in the prior quarter and $39 million a year earlier, increasing pressure on operating leverage and earnings recovery.
- Persistent quarterly loss
- The company reported diluted EPS of negative $0.03 for the quarter, following negative $0.02 in Q1 2026, indicating continued earnings losses.
- No new risk-factor disclosure
- Item 1A states that the risk factors in the Annual Report for the year ended December 31, 2025 continue to represent the most significant risks as of June 30, 2026; no new or changed risk factors were identified in this filing.
What they reported.
What the company itself reported, taken out of the document.
- Earnings per share
- $-0.03
What they said about what is next.
No quantitative revenue or EPS outlook is provided in the supplied 10-Q text. Numeric fields are therefore left null.
The filing reads worse than the one before it.
What came before.
- 10-Q · May 12, 2026
- Broadwind, Inc. reported Q1 2026 results with a revenue of $34.1 million, an 8% decline compared to Q1 2025. The company experienced a net loss of $495, showing a worsening loss from $370 in the prior year. The…
- 10-K · March 11, 2026
- Broadwind describes a strategy of diversifying beyond wind towers into gearing and industrial supply-chain services, improving capacity utilization and pursuing opportunistic M&A and organic investments. Q4 2025 revenue…
- 10-Q · November 13, 2025
- Broadwind reported Q3 revenue of $44,239,000 and GAAP net income of $7,463,000 ($0.32 per diluted share), driven largely by an $8,155,000 gain on the September 8, 2025 sale of the Manitowoc industrial fabrication…
- 10-Q · August 12, 2025
- Broadwind reported revenue of $39.235M for Q2 2025, up from $36.452M in Q2 2024, but posted an operating loss of $0.165M and a net loss of $0.989M (EPS $(0.04)). Management highlights AMP credits and a planned sale of…
This is our reading of a public filing, not the filing. Read the original on SEC.gov · Educational only. Nothing here is investment advice.
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