Revenue: As of FY2026 Q2, the actual value is USD 24.3 M, missing the estimate of USD 34.97 M.

EPS: As of FY2026 Q2, the actual value is USD -0.03.

EBIT: As of FY2026 Q2, the actual value is USD 171 K.

Consolidated Financial Results (Second Quarter 2026)

Revenue and Profitability

• Total Revenue: Broadwind, Inc. reported total revenue of $24.3 million for the second quarter of 2026, marking a 67% increase year-over-year compared to $14.5 million in the second quarter of 2025.
• Gross Profit: Gross profit was $3.796 million for the three months ended June 30, 2026, an increase from $1.004 million for the same period in 2025.
• Operating Loss: The operating loss for the second quarter of 2026 was - $0.247 million, significantly reduced from - $2.381 million in the second quarter of 2025.
• GAAP Loss from Continuing Operations: The company experienced a GAAP loss from continuing operations of - $0.7 million, or - $0.03 per diluted share, in the second quarter of 2026, an improvement from a loss of - $3.0 million, or - $0.13 per basic share, in the second quarter of 2025.
• Net Loss: The net loss for the second quarter of 2026 was - $0.639 million, an improvement from - $0.989 million in the second quarter of 2025.
• Non-GAAP Adjusted EBITDA: Non-GAAP Adjusted EBITDA was $1.6 million in the second quarter of 2026, compared to - $1.1 million in the prior-year period.

Liquidity and Debt (as of June 30, 2026)

• Liquidity: Broadwind, Inc. had liquidity of $40.1 million, which was $31.3 million after adjusting for the minimum excess availability requirement.
• Cash and Cash Equivalents: Cash and cash equivalents were $17.043 million, compared to $1.379 million on June 30, 2025.
• Cash and Credit Line Availability: Cash and availability under the credit facility was $31.3 million, compared to $14.9 million in the second quarter of 2025.
• Total Debt and Financing Leases: Total debt and financing leases amounted to $6.3 million, a decrease from $29.0 million in the second quarter of 2025.
• Total Inventory: Total inventory was $32.9 million, up from $27.0 million in the second quarter of 2025.
• Total Net Operating Working Capital: Total net operating working capital was $28.2 million, compared to $25.6 million in the second quarter of 2025.

Cash Flow (Six Months Ended June 30, 2026)

• Net Cash Used in Operating Activities: Net cash used in operating activities was - $0.871 million, an improvement from - $3.516 million in the prior-year period.
• Net Cash Used in Investing Activities: Net cash used in investing activities was - $3.142 million, compared to - $0.430 million in the prior-year period.
• Net Cash Used in Financing Activities: Net cash used in financing activities was - $6.485 million, compared to $16.273 million provided in the prior-year period.
• Net Cash Provided by Discontinued Operations: Net cash provided by discontinued operations was $27.084 million, compared to - $19.010 million used in the prior-year period.

Operational Metrics

• Total Orders: Total orders increased by 68% year-over-year to $35.2 million in the second quarter of 2026.
• Book-to-Bill Ratio: Broadwind, Inc. ended the second quarter of 2026 with a book-to-bill ratio of 1.5x.
• Backlog: The combined total backlog for the Industrial Solutions and Gearing segments increased by 93% as of June 30, 2026, compared to the prior-year period.

Segment Results (Second Quarter 2026 vs. Second Quarter 2025)

Gearing Segment

• Sales: Sales for the Gearing segment increased by 24% year-over-year to $9.0 million, up from $7.3 million.
• Operating Loss: The segment reported an operating loss of - $0.2 million, an improvement from - $0.8 million in the prior year.
• Non-GAAP Adjusted EBITDA: Segment non-GAAP Adjusted EBITDA was $0.4 million, up from - $0.1 million in the prior-year period.
• Orders: Orders for the Gearing segment were $16.152 million, up from $6.799 million, representing a 138% increase year-over-year.
• Backlog: Backlog for the Gearing segment increased 164% year-over-year to $37.6 million as of June 30, 2026.

Industrial Solutions Segment

• Sales: Sales for the Industrial Solutions segment grew by 79% year-over-year to $13.2 million.
• Operating Income: The segment reported operating income of $2.3 million, a significant increase from $0.5 million in the prior year.
• Non-GAAP Adjusted EBITDA: Segment non-GAAP Adjusted EBITDA was $2.5 million, compared to $0.7 million in the prior-year period, representing 19% of sales.
• EBITDA Margin: The Industrial Solutions segment generated an EBITDA margin of nearly 19% during the quarter, with the EBITDA margin rate increasing +1146 basis points year-over-year.
• Orders: Orders for the Industrial Solutions segment were $17.248 million, up from $13.909 million, representing a 24% increase year-over-year and a record for the segment.
• Backlog: Backlog increased 59% year-over-year to a record $47.4 million in the second quarter of 2026.

Outlook

Broadwind, Inc. is strategically pivoting to become a pure-play precision manufacturing business focused on domestic power generation and critical infrastructure markets, anticipating benefits from a multi-year investment cycle. The company’s capital allocation priorities include sustained organic growth, opportunistic investments in complementary products, and margin-accretive bolt-on acquisitions within targeted vertical markets. Broadwind, Inc. also plans to leverage its nearly $300 million of net operating loss carryforwards and expand precision manufacturing capabilities to capitalize on accelerating demand.