Slide 1: Fourth Quarter and Full-Year 2025 Conference Call Presentation
Fourth Quarter and Full-Year 2025 Conference Call Presentation March 11, 2026 Broadwind | Investor Presentation 2023 1
Slide 2: Safe Harbor Statement
SAFE HARBOR STATEMENT This document contains “forward looking statements”—that is, statements related to future, not past, events—as defined in Section 21E of the Securities Exchange Act of 1934, as amended, that reflect our current expectations regarding our future growth, results of operations, fi
Slide 3: Performance Summary
PERFORMANCE SUMMARY
Slide 4: Performance Update: Fourth Quarter 2025
PERFORMANCE UPDATE Fourth Quarter 2025 Investment Thesis 100% domestic precision manufacturing footprint remains Building a platform for profitable growth 4Q25 Performance a competitive advantage in the current operating As of March 2026 environment, given continued focus on reshoring / onshoring tre
Slide 5: Consolidated Financial Performance
CONSOLIDATED FINANCIAL PERFORMANCE Strong organic revenue growth from strategic execution, positioned for improved operating leverage Demand from our core vertical Total Revenue Gross Profit markets drove revenue growth in ($MM) ($MM) $158.1 $21.2 the fourth quarter $143.1 $16.1 Fourth quarter resul
Slide 6: Heavy Fabrications Segment
HEAVY FABRICATIONS SEGMENT Fourth Quarter 2025 Sustained demand for wind Segment Revenue Segment EBITDA related content drove revenue ($MM) ($MM) $21.6 $20.4 $2.6 growth in the fourth quarter Revenue growth in the Heavy Fabrications $1.6 segment was up 6% y/y to $21.6 million in 4Q25, led by demand
Slide 7: Gearing Segment
GEARING SEGMENT Fourth Quarter 2025 Increased demand from power Segment Revenue Segment EBITDA generation and oil & gas ($MM) $7.6 ($MM) supported revenue in the fourth $7.0 quarter $0.1 Segment orders and backlog increased 38% and 102% y/y, respectively in the fourth quarter ($0.3) Segment revenue
Slide 8: Industrial Solutions Segment
INDUSTRIAL SOLUTIONS SEGMENT EBITDA margin rate +1146 bps y/y to Fourth Quarter 2025 15.5% Natural gas turbine content Segment Revenue Segment EBITDA ($MM) ($MM) demand drove record backlog in $9.4 $1.5 the fourth quarter $5.9 Segment revenue increased 60% y/y in 4Q25 $0.6 to $9.4 million In 4Q25, n
Slide 9: Balance Sheet Update
BALANCE SHEET UPDATE Fourth Quarter 2025 Cash and LOC Availability at Quarter-End Net Debt Outstanding Ongoing commitment to ($MM) ($MM) $32.6 disciplined balance sheet $14.3 management and returns- $25.0 focused capital deployment $7.5 Net leverage of 1.6x in 4Q25 is within the long-term target ran
Slide 10: Full-Year 2026 Financial Guidance
FULL-YEAR 2026 FINANCIAL GUIDANCE As of March 11, 2026 Demand conditions support Total Revenue Range Total Adjusted EBITDA Range ($MM) ($MM) strong organic growth in 2026 Reaffirmed full-year 2026 guidance with revenue in the range of $140 to $150 $158.1 million and Adjusted EBITDA in the range of $
Slide 11: Appendix
APPENDIX
Slide 12: Corporate Overview
CORPORATE OVERVIEW Leading pure-play precision manufacturer serving diverse end-markets with 100% domestic footprint Broadwind We are one of the leading independent precision manufacturers is a precision in the United States manufacturer of Our most significant business serves the US domestic wind en
Slide 13: Our Business
OUR BUSINESS Building a platform sustained, profitable growth and long-term value creation What we do Why we win Precision manufacturing within wind sector and other diverse end-markets Unique Value Proposition Heavy Fabrications We provide large, complex and precision fabrications, and proprietary i
Slide 14: Appendix: Balance Sheet
APPENDIX Balance Sheet Broadwind | Investor Presentation 2023 14
Slide 15: Appendix: Income Statement
APPENDIX Income Statement Broadwind | Investor Presentation 2023 15
Slide 16: Appendix: Statement of Cash Flows
APPENDIX Statement of Cash Flows Broadwind | Investor Presentation 2023 16
Slide 17: Appendix: GAAP to Non-GAAP Reconciliation
APPENDIX GAAP to Non-GAAP Reconciliation Broadwind | Investor Presentation 2023 17
Slide 18: Appendix: Segment-Level Data
APPENDIX Segment-Level Data Three Months Ended Twelve Months Ended December 31, December 31, 2025 2024 2025 2024 ORDERS: Heavy Fabrications……………………… $ 17,965 $ 22,428 $ 42,168 $ 53,934 Gearing…………………………………… 9,688 7,016 40,324 26,562 Industrial Solutions……………………… 11,110 8,026 48,946 27,317 Total orde
Slide 19: IR Contact
IR CONTACT Please contact our investor relations team at BWEN@val-adv.com Broadwind | Investor Presentation 2023 19