)
Overview
<ul>
<li>US precision manufacturer reported Q4 revenue up 12% yr/yr, beating analyst expectations</li>
<li>Company posted Q4 net loss of $0.9 mln, with adjusted EBITDA at $1.9 mln</li>
<li>Q4 results impacted by raw material supply disruption; operations expected to normalize in Q1 2026</li>
</ul>
Outlook
<ul>
<li>Broadwind sees 2026 revenue between $140 mln and $150 mln</li>
<li>Company expects 2026 non-GAAP adjusted EBITDA of $8 mln to $10 mln</li>
<li>Broadwind expects operations to normalize in Q1 2026 after supply disruption</li>
</ul>
Result Drivers
<ul>
<li>SEGMENT DEMAND MIX - Q4 revenue growth driven by increased sales in Heavy Fabrications (wind tower sections, repowering adapters) and Industrial Solutions (natural gas turbine content), partially offset by lower Gearing segment sales</li>
<li>SUPPLY DISRUPTION - Raw material supply issue tied to an OEM customer’s directed-buy program reduced manufacturing throughput and efficiency in Q4; company expects normalization in Q1 2026</li>
<li>ORDERS GROWTH VARIATION - Orders rose 38% yr/yr in Gearing and Industrial Solutions segments, but declined 20% in Heavy Fabrications Company press release:</li>
</ul>
Key Details
Metric Beat/Mis Actual Consensu
s s
Estimate
Q4 Beat $37.70 $36.18
Revenue mln mln (3
Analysts
)
<h3>Q4 EPS -$0.04</h3>
Q4 Net -$900,00
Income 0
<h3>Q4 $1.90</h3>
Adjusted mln
<h3>EBITDA</h3>
Analyst Coverage
<ul>
<li>The current average analyst rating on the shares is “buy” and the breakdown of recommendations is 3 “strong buy” or “buy”, no “hold” and no “sell” or “strong sell”</li>
<li>The average consensus recommendation for the renewable energy equipment &amp; services peer group is “buy”</li>
<li>Wall Street’s median 12-month price target for Broadwind Inc is $4.00, about 66% above its March 10 closing price of $2.41</li>
<li>The stock recently traded at 241 times the next 12-month earnings vs. a P/E of 40 three months ago For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact . (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)</li>
</ul>

Broadwind Q4 revenue beats on Heavy Fabrications unit strength