Broadwind (BWEN) Revenue & Revenue Breakdown

Overview ForecastOwnership Financials Chart Transcripts

Broadwind Revenue Highlights

Latest Revenue (Y)

$203.48M

Latest Revenue (Q)

$35.50M

Main Segment (Y)

Heavy Fabrications

Broadwind Revenue by Period

Broadwind Revenue by Year

Date	Revenue	Change
2023-12-31	$203.48M	15.12%
2022-12-31	$176.76M	21.38%
2021-12-31	$145.62M	-26.64%
2020-12-31	$198.50M	11.38%
2019-12-31	$178.22M	42.14%
2018-12-31	$125.38M	-14.58%
2017-12-31	$146.78M	-18.83%
2016-12-31	$180.84M	-9.20%
2015-12-31	$199.16M	-17.45%
2014-12-31	$241.27M	11.85%
2013-12-31	$215.71M	2.37%
2012-12-31	$210.71M	13.37%
2011-12-31	$185.85M	35.76%
2010-12-31	$136.90M	-30.80%
2009-12-31	$197.83M	-8.97%
2008-12-31	$217.32M	629.17%
2007-12-31	$29.80M	640.87%
2006-12-31	$4.02M	104.52%
2005-12-31	$1.97M	100.00%
2004-12-31	-	100.00%
2003-12-31	-	100.00%
2002-12-31	-	100.00%
2001-12-31	-	100.00%
2000-12-31	-	100.00%
1999-12-31	-	-

Broadwind generated $203.48M in revenue during NA 2023, up 15.12% compared to the previous quarter, and up 162.29% compared to the same period a year ago.

Broadwind Revenue by Quarter

Date	Revenue	Change
2024-09-30	$35.50M	-2.60%
2024-06-30	$36.45M	-3.09%
2024-03-31	$37.62M	-19.28%
2023-12-31	$46.60M	-18.48%
2023-09-30	$57.16M	12.43%
2023-06-30	$50.84M	4.03%
2023-03-31	$48.87M	22.00%
2022-12-31	$40.06M	-10.67%
2022-09-30	$44.84M	-10.34%
2022-06-30	$50.01M	19.52%
2022-03-31	$41.84M	60.87%
2021-12-31	$26.01M	-35.60%
2021-09-30	$40.39M	-13.13%
2021-06-30	$46.49M	42.05%
2021-03-31	$32.73M	-18.83%
2020-12-31	$40.32M	-26.17%
2020-09-30	$54.61M	-0.57%
2020-06-30	$54.93M	12.94%
2020-03-31	$48.63M	-1.26%
2019-12-31	$49.25M	6.75%
2019-09-30	$46.14M	12.07%
2019-06-30	$41.17M	-1.18%
2019-03-31	$41.66M	53.24%
2018-12-31	$27.19M	-13.54%
2018-09-30	$31.45M	-14.51%
2018-06-30	$36.78M	22.74%
2018-03-31	$29.97M	68.66%
2017-12-31	$17.77M	-39.96%
2017-09-30	$29.59M	-31.75%
2017-06-30	$43.36M	-22.65%
2017-03-31	$56.06M	16.43%
2016-12-31	$48.15M	13.16%
2016-09-30	$42.55M	-1.91%
2016-06-30	$43.38M	-7.22%
2016-03-31	$46.76M	24.44%
2015-12-31	$37.57M	-24.54%
2015-09-30	$49.79M	-23.66%
2015-06-30	$65.22M	27.76%
2015-03-31	$51.05M	-5.11%
2014-12-31	$53.80M	-10.77%
2014-09-30	$60.29M	-11.83%
2014-06-30	$68.38M	16.29%
2014-03-31	$58.80M	4.54%
2013-12-31	$56.25M	-9.91%
2013-09-30	$62.44M	21.56%
2013-06-30	$51.36M	12.48%
2013-03-31	$45.66M	1.68%
2012-12-31	$44.91M	-18.42%
2012-09-30	$55.05M	-2.25%
2012-06-30	$56.31M	3.43%
2012-03-31	$54.44M	-1.18%
2011-12-31	$55.09M	15.02%
2011-09-30	$47.90M	21.78%
2011-06-30	$39.33M	-9.64%
2011-03-31	$43.53M	9.10%
2010-12-31	$39.90M	4.46%
2010-09-30	$38.20M	4.28%
2010-06-30	$36.63M	65.22%
2010-03-31	$22.17M	-32.71%
2009-12-31	$32.95M	-44.63%
2009-09-30	$59.51M	13.75%
2009-06-30	$52.31M	-1.41%
2009-03-31	$53.06M	-30.94%
2008-12-31	$76.84M	19.15%
2008-09-30	$64.49M	57.94%
2008-06-30	$40.83M	16.11%
2008-03-31	$35.16M	61.16%
2007-12-31	$21.82M	-

Broadwind generated $35.50M in revenue during Q3 2024, up -2.60% compared to the previous quarter, and up 69.83% compared to the same period a year ago.

Broadwind Revenue Breakdown

Broadwind Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
Gearing	$45.41M	$42.57M	$28.58M	$25.10M	$34.88M
Heavy Fabrications	$133.37M	$117.19M	$101.99M	$155.10M	-
Industrial Solutions	$25.16M	$16.99M	$15.05M	$18.30M	-
Corporate Segment	-	-	-	-	-
Process Systems	-	-	-	-	$7.00K
Towers	-	-	-	-	$128.69M

Broadwind's latest annual revenue breakdown by segment (product or service), as of Dec 23: Heavy Fabrications (65.40%), Gearing (22.27%), and Industrial Solutions (12.34%).

Quarterly Revenue by Product

Product/Service	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19	Jun 19
Heavy Fabrications	$22.02M	$63.45M	$38.33M	$31.59M	$23.71M	$30.64M	$35.58M	$27.27M	$14.71M	$28.68M	$35.83M	$22.78M	$29.68M	$43.43M	-	-	-	-	-	-
Corporate Segment	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gearing	$8.34M	$22.04M	$11.40M	$11.96M	$11.70M	$10.19M	$10.11M	$10.58M	$8.27M	$7.56M	$7.40M	$5.35M	$4.86M	$7.10M	-	-	-	-	-	-
Industrial Solutions	$7.99M	$12.41M	$7.43M	$5.32M	$4.65M	$4.01M	$4.33M	$4.00M	$3.03M	$4.15M	$3.26M	$4.60M	$5.78M	$4.08M	-	-	-	-	-	-
Gearing Segment	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$6.92M	$6.23M	$7.59M	$7.99M	$9.27M
Towers And Weldments Segment	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$43.61M	$38.37M	$37.59M	$33.83M	$28.97M
Process Systems	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$4.40M	$4.04M	$4.07M	$4.32M	$2.93M

Broadwind's latest quarterly revenue breakdown by segment (product or service), as of Mar 24: Heavy Fabrications (57.41%), Gearing (21.74%), and Industrial Solutions (20.85%).

Broadwind Revenue Breakdown by Country

Quarterly Revenue by Country

Country	Mar 23
Gearing	$11.96M
Corporate Segment	-
Industrial Solutions	$5.32M
Heavy Fabrications	$31.59M

Broadwind's latest quarterly revenue breakdown by geography, as of Mar 23: Heavy Fabrications (64.64%), Gearing (24.48%), and Industrial Solutions (10.88%).

Broadwind Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
DCI	Donaldson Company	$3.59B	$927.90M
GTES	Gates Industrial	$3.57B	$830.70M
ITT	ITT	$3.28B	$885.20M
IEX	IDEX	$3.27B	$798.20M
FELE	Franklin Electric	$2.07B	$531.44M
WTS	Watts Water	$2.06B	$543.60M
CR	Crane NXT	$1.39B	$597.20M
CXT	Crane NXT	$1.39B	$370.60M
NPO	EnPro Industries	$1.06B	$260.90M
GRC	Gorman-Rupp Company	$659.51M	$168.18M
EPAC	Enerpac Tool Group	$589.51M	$150.39M
THR	Thermon Group	$494.63M	$115.13M
LXFR	Luxfer	$405.00M	$99.40M
BWEN	Broadwind	$203.48M	$35.50M

BWEN Revenue FAQ

What is Broadwind’s yearly revenue?

Broadwind's yearly revenue for 2023 was $203.48M, representing an increase of 15.12% compared to 2022. The company's yearly revenue for 2022 was $176.76M, representing an increase of 21.38% compared to 2021. BWEN's yearly revenue for 2021 was $145.62M, representing a decrease of -26.64% compared to 2020.

What is Broadwind’s quarterly revenue?

Broadwind's quarterly revenue for Q3 2024 was $35.5M, a -2.60% decrease from the previous quarter (Q2 2024), and a -37.89% decrease year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $36.45M, a -3.09% decrease from the previous quarter (Q1 2024), and a -28.30% decrease year-over-year (Q2 2023). BWEN's quarterly revenue for Q1 2024 was $37.62M, a -19.28% decrease from the previous quarter (Q4 2023), and a -23.03% decrease year-over-year (Q1 2023).

What is Broadwind’s revenue growth rate?

Broadwind's revenue growth rate for the last 3 years (2021-2023) was 39.73%, and for the last 5 years (2019-2023) was 14.17%.

What are Broadwind’s revenue streams?

Broadwind's revenue streams in c 23 are Gearing, Heavy Fabrications, and Industrial Solutions. Gearing generated $45.41M in revenue, accounting 22.27% of the company's total revenue, up 6.66% year-over-year. Heavy Fabrications generated $133.37M in revenue, accounting 65.40% of the company's total revenue, up 13.80% year-over-year. Industrial Solutions generated $25.16M in revenue, accounting 12.34% of the company's total revenue, up 48.06% year-over-year.

What is Broadwind’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of Broadwind was Heavy Fabrications. This segment made a revenue of $133.37M, representing 65.40% of the company's total revenue.