---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-23-001517"
form_type: "8-K"
ticker: "BWEN"
cik: "0001120370"
company_name: "BROADWIND, INC."
filed_at: "2023-03-09T23:59:59+00:00"
generated_at: "2026-06-18T06:22:12.971521+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Broadwind Q4 revenue up 54% to $40.1M; guides FY2023 revenue $200-220M, adj. EBITDA $14-16M

## Summary
- Q4 revenue $40.1M (+54% YoY); net loss ($2.9M) or ($0.14)/share vs ($4.1M) loss in Q4 2021.
- FY2022 revenue $176.8M (+21% YoY); adjusted EBITDA $2.4M, +$5.3M YoY excluding PPP/ERC benefits.
- Year-end backlog $297.2M, near-record; Jan 2023 received $175M in new tower orders from a leading wind turbine maker.
- FY2023 guidance: revenue $200-220M, adj. EBITDA $14-16M; expects IRA tax credits to improve margins.
- Cash & liquidity $40.1M at year-end, up from $14.8M in Q3; net leverage 0.7x.

## SEC filing metadata
- accession: 0001171843-23-001517
- form_type: 8-K
- ticker: BWEN
- cik: 0001120370
- company_name: BROADWIND, INC.
- filed_at: 2023-03-09T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1120370/000117184323001517/0001171843-23-001517-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1120370/000117184323001517/f8k_030823.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-23-001517
- JSON: https://secwatch.observer/filing/0001171843-23-001517.json
- Plain text: https://secwatch.observer/filing/0001171843-23-001517.txt

## Key facts
- Earnings Releases
  BROADWIND, INC. reported fourth quarter 2022 results: revenue $40.1 million, net income ($2.9) million, EPS ($0.14) per basic share.
  - Period: fourth quarter 2022
  - Revenue: $40.1 million
  - Net income: ($2.9) million
  - EPS: ($0.14) per basic share
  - Result: reported results
  source text: For the three months ended December 31, 2022, Broadwind reported total revenue of $40.1 million, an increase of 54.0% when compared to the prior year period. The Company reported a net loss of ($2.9) million, or ($0.14) per basic share in the fourth quarter 2022, compared to a net loss ($4.1) million, or ($0.21) per basic share, in the fourth quarter 2021.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1120370/000117184323001517/0001171843-23-001517-index.htm
- Earnings Releases
  BROADWIND, INC. reported full-year 2022 results: revenue $176.8 million.
  - Period: full-year 2022
  - Revenue: $176.8 million
  - Result: reported results
  source text: FULL-YEAR 2022 RESULTS (As compared to the full-year 2021) Total revenue of $176.8 million, +21.4% y/y
  evidence_url: https://www.sec.gov/Archives/edgar/data/1120370/000117184323001517/0001171843-23-001517-index.htm
- Earnings Releases
  BROADWIND, INC. reported fiscal year 2023 results: revenue between $200 million to $220 million. Guidance initiated.
  - Period: fiscal year 2023
  - Revenue: between $200 million to $220 million
  - Guidance: initiated
  - Result: guidance update
  source text: FULL-YEAR 2023 FINANCIAL GUIDANCE Total revenue of between $200 million to $220 million Total non-GAAP adjusted EBITDA of between $14 million to $16 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1120370/000117184323001517/0001171843-23-001517-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.