Broadwind Energy Inc

Broadwind reported second-quarter 2026 revenue of $24.3 million, a 67% increase from the prior year, driven by higher demand in its Gearing and Industrial Solutions segments. The company posted a GAAP loss from continuing operations of $0.7 million, or $0.03 per diluted share, while adjusted EBITDA improved to $1.6 million from a loss of $1.1 million a year earlier. Total orders surged 68% to $35.2 million, yielding a book-to-bill ratio of 1.5x, and comparable backlog for the two segments rose 93% year over year. Gearing revenue grew 24% to $9.0 million on strong power generation deliveries, and Industrial Solutions revenue jumped 79% to a quarterly record of $13.2 million, fueled by natural gas turbine component shipments. Management highlighted a strategic exit from wind tower manufacturing, positioning the company as a pure-play precision manufacturer serving power generation, critical infrastructure, and oil and gas markets, with a 10- to 15-year demand cycle expected from AI data centers and electrification.