Broadwind Energy (BWEN) financial statements
Broadwind Energy reported revenue of $158M in fiscal 2025, down 1.5% a year over 9 years.
Net income was $5M and the operating margin 5.5%, against 1.1% in 2016.
Free cash flow was -$19M.
The diluted share count rose 52% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Broadwind Energy's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $181M | $147M | $125M | $178M | $198M | $146M | $177M | $203M | $143M | $158M |
| Cost of revenue | $163M | $139M | $122M | $163M | $180M | $140M | $166M | $171M | $122M | $142M |
| Gross profit | $18M | $8M | $3M | $15M | $18M | $6M | $11M | $33M | $21M | $16M |
| Selling, general and admin | $16M | $14M | $14M | $16M | $17M | $17M | $17M | $21M | $16M | $15M |
| Operating income | $2M | -$7M | -$25M | -$2M | $422,000 | -$13M | -$7M | $11M | $4M | $9M |
| Pre-tax income | $1M | -$8M | -$24M | -$5M | -$1M | $3M | -$10M | $8M | $1M | $5M |
| Income tax | -$2,000 | -$5M | -$205,000 | $38,000 | $48,000 | $25,000 | $35,000 | $241,000 | $74,000 | $87,000 |
| Net income | $319,000 | -$4M | -$24M | -$5M | -$1M | -$2M | -$10M | $8M | $1M | $5M |
| EPS (diluted) | $0.02 | -$0.24 | -$1.56 | -$0.28 | -$0.09 | -$0.12 | -$0.48 | $0.36 | $0.05 | $0.23 |
| Diluted shares | 15M | 15M | 15M | 16M | 17M | 20M | 20M | 21M | 22M | 23M |
| Gross margin | 10.0% | 5.6% | 2.4% | 8.6% | 9.1% | 3.8% | 6.1% | 16.0% | 14.8% | 10.2% |
| Operating margin | 1.1% | -5.1% | -20.0% | -1.3% | 0.2% | -8.6% | -3.7% | 5.5% | 3.0% | 5.5% |
| Net margin | 0.2% | -2.5% | -19.3% | -2.5% | -0.7% | -1.7% | -5.5% | 3.8% | 0.8% | 3.3% |
Balance sheet
Fiscal years, from Broadwind Energy's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $22M | $78,000 | $1M | $2M | $3M | $852,000 | $13M | $1M | $8M | $457,000 |
| Receivables | $12M | $14M | $17M | $18M | $15M | $14M | $17M | $19M | $13M | $11M |
| Inventory | $21M | $19M | $23M | $32M | $27M | $33M | $44M | $37M | $40M | $28M |
| Total current assets | $58M | $35M | $43M | $55M | $51M | $52M | $79M | $70M | $67M | $64M |
| Property, plant and equipment | $55M | $56M | $49M | $47M | $45M | $44M | $45M | $47M | $46M | $18M |
| Goodwill | — | $5M | $5M | $16M | — | — | — | — | — | — |
| Total assets | $118M | $112M | $99M | $123M | $120M | $118M | $145M | $135M | $128M | $117M |
| Total current liabilities | $43M | $41M | $52M | $64M | $48M | $43M | $70M | $54M | $44M | $32M |
| Long-term debt | $3M | $797,000 | $1M | $505,000 | $9M | $177,000 | $7M | $6M | $8M | $4M |
| Total liabilities | $49M | $46M | $56M | $82M | $79M | $64M | $98M | $79M | $69M | $51M |
| Shareholders' equity | $69M | $66M | $43M | $41M | $41M | $54M | $46M | $56M | $59M | $66M |
| Net debt | -$16M | $833,000 | $231,000 | $11M | $7M | $6M | -$4M | $11M | $1M | $9M |
Cash flow
Fiscal years, from Broadwind Energy's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $17M | -$9M | $2M | $5M | $5M | -$13M | $17M | -$7M | $14M | -$15M |
| Capital spending | $7M | $7M | $2M | $2M | $2M | $2M | $3M | $6M | $4M | $4M |
| Free cash flow | $11M | -$16M | -$279,000 | $3M | $4M | -$15M | $14M | -$13M | $10M | -$19M |
| Stock-based compensation | $753,000 | $813,000 | $803,000 | $958,000 | $1M | $2M | $944,000 | $877,000 | $1M | $638,000 |
| Net borrowing | -$3M | $457,000 | $1M | $176M | — | — | — | — | — | — |
| Free cash flow margin | 5.9% | -10.9% | -0.2% | 1.5% | 1.9% | -10.0% | 7.7% | -6.6% | 7.1% | -12.0% |
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Open BWEN in InvestinglyQuestions
What was Broadwind Energy's revenue in 2025?
$158M in fiscal 2025, from its 10-K filing.
How much free cash flow does Broadwind Energy generate?
-$19M in fiscal 2025 (operating cash flow minus capital spending).
From Broadwind Energy's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.