secwatch.observer — SEC 8-K summary
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Issuer:     BROADWIND, INC. (BWEN)
CIK:        0001120370
Form:       8-K
Filed at:   2026-05-12T11:00:36+00:00
Accession:  0001171843-26-003268
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Broadwind Q1 revenue $34.1M, net loss $0.5M; exits wind tower production after Abilene sale
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- Revenue $34.1M (-7.5% YoY); net loss $0.5M ($0.02 EPS); Adj. EBITDA $2.2M (6.5% margin).
- Orders $37.4M (+23% YoY); backlog in Gearing $30.5M, Industrial Solutions record $43.3M.
- Heavy Fabrications revenue fell 35% to $16.4M; Gearing +42% to $8.5M; Industrial Solutions +64% to $9.2M.
- Net cash proceeds ~$17.2M from Abilene facility sale, exiting wind tower production in Q3 2026; liquidity expected to improve ~$10M.
- Net debt to trailing 12-mo Adj. EBITDA ratio 1.7x as of March 31, 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1120370/000117184326003268/0001171843-26-003268-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1120370/000117184326003268/f8k_051226.htm
  HTML page:      https://secwatch.observer/filing/0001171843-26-003268

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