Broadwind’s Adjusted Loss Reaches $0.04 a Share as Orders Rise 13%
Key Facts
Broadwind reported an adjusted loss of $0.04 a share in the third quarter of 2026, matching Zacks estimates, according to a report published by Zacks via Yahoo Finance. The report compared the result with adjusted earnings of $0.04 a share in the same period a year earlier. The comparison concerns adjusted earnings, which exclude nonrecurring items, while the company’s third-quarter 2025 data showed GAAP net income of $7.5 million, or $0.32 per diluted share. The difference in measurement bases is relevant when assessing the year-over-year change in the company’s results, since adjusted figures and GAAP net income are not the same measure. Broadwind also reported a gain of $8.2 million from the sale of its industrial manufacturing operations in its 2025 results disclosure, as part of its adjusted earnings before interest, taxes, depreciation and amortization statement.
On the business activity front, Broadwind’s total orders rose 13% year over year to $33.7 million in the third quarter of 2026, according to the company statement published via Yahoo Finance. The company attributed revenue growth to higher demand in its Gearing and industrial solutions segments, alongside increased PRS revenue. Industrial solutions segment revenue grew 32% year over year. The company said strong demand for content used in natural gas turbines was the primary driver of growth in the segment. These indicators put order growth and one revenue driver in context alongside the adjusted per-share result, without changing the fact that the adjusted loss was in line with Zacks estimates.
Data from the previous quarter point to a different path for revenue and GAAP operating profitability. In the second quarter of 2026, revenue was $24.3 million, up 67% from the same period a year earlier, while the company recorded a loss from continuing operations of $0.7 million, or $0.03 per diluted share. Broadwind said in its results for that quarter that it had completed its strategic exit from wind turbine component manufacturing. The company said its focus had shifted to precision manufacturing for power generation and critical infrastructure. That shift provides background on the company’s industrial strategy during the period in which it reported third-quarter results.
On financing, Broadwind had $39.7 million in liquidity as of September 30, 2026, or $30.9 million after accounting for minimum excess availability requirements, according to the company statement. Total debt and finance leases were $5.9 million on the same date. These figures provide a snapshot of liquidity and financial obligations at quarter-end, alongside the order and per-share results. The company announced its acquisition of MCM on November 2, describing the deal as an expansion of its precision manufacturing platform in power generation and critical infrastructure markets, with a strategic entry into electricity transmission and distribution. This forms part of the expansion context the company presented for its industrial activities.
Broadwind was scheduled to hold a call to discuss its third-quarter results on November 12, 2026, at 11:00 a.m. U.S. Eastern Time, according to the company announcement. In the November 11 session, EL7 data showed the stock closing at $2.98. The available data do not include documented session highs and lows. The quarterly results combine an adjusted per-share loss that matched Zacks estimates with year-over-year growth in orders and industrial solutions segment revenue, alongside the liquidity and debt levels disclosed by the company.