Slide 1: First Quarter 2025 Conference Call Presentation
1 Broadwind | Investor Presentation 2023 First Quarter 2025 Conference Call Presentation May 13, 2025
Slide 2: Safe Harbor Statement
2 Broadwind | Investor Presentation 2023 SAFE HARBOR STATEMENT This document contains “forward looking statements” — that is, statements related to future, not past, events — as defined in Section 21 E of the Securities Exchange Act of 1934 , as amended, that reflect our current expectations regardi
Slide 3: Performance Summary
PERFORMANCE SUMMARY
Slide 4: 1Q25 Performance Update
4 Broadwind | Investor Presentation 2023 PERFORMANCE UPDATE 1Q25 Performance As of May 2025 Strategic asset utilization. Recent growth in new orders should support improved utilization in 2025 Orders grew 5% y/y . Order growth remained above the average level seen over the past two years Continued d
Slide 5: Consolidated Financial Performance
5 Broadwind | Investor Presentation 2023 $1.5 ($0.4) 1Q24 1Q25 $4.2 $2.4 1Q24 1Q25 $6.6 $4.3 1Q24 1Q25 $37.6 $36.8 1Q24 1Q25 Positioned to drive operating leverage with improving customer activity and operational discipline CONSOLIDATED FINANCIAL PERFORMANCE Total Revenue ($MM) Gross Profit ($MM) Ad
Slide 6: Heavy Fabrications Segment
6 Broadwind | Investor Presentation 2023 $22.0 $25.2 1Q24 1Q25 First Quarter 2025 HEAVY FABRICATIONS SEGMENT Demand from the wind market drove growing revenues and orders Customer activity in the wind end - market improved in the first quarter as demand for wind towers and wind repowering adapters i
Slide 7: Gearing Segment
7 Broadwind | Investor Presentation 2023 First Quarter 2025 GEARING SEGMENT Book - to - bill sets the tone for 2025, as order and backlog activity improved on a sequential basis Segment book - to - bill of 1.3x, matches the segment peak over the past two years Orders decreased by 23.8% y/y to $8.0 m
Slide 8: Industrial Solutions Segment
8 Broadwind | Investor Presentation 2023 First Quarter 2025 INDUSTRIAL SOLUTIONS SEGMENT Segment demand drove record orders and backlog for the second consecutive quarter in 1Q25 Demand for natural gas turbine content drove orders and backlog up +38% y/y and +42% y/y, respectively Book - to - bill r
Slide 9: Balance Sheet Update
9 Broadwind | Investor Presentation 2023 $22.4 $22.6 1Q24 1Q25 Leverage and liquidity profiles support strategic long - term growth drivers of the business Capital allocation priorities include debt reduction, organic investments in IP; and opportunistic investments in complementary, immediately acc
Slide 10: Full-Year 2025 Financial Guidance
10 Broadwind | Investor Presentation 2023 Reiterating Full - Year 2025 revenue and Adjusted EBITDA guidance Guidance supported by commercial focus within high - value fabrications markets; continued prioritization of asset optimization and operational discipline Assumes approximately 50% utilization
Slide 11: Appendix
APPENDIX
Slide 12: Corporate Overview
12 Broadwind | Investor Presentation 2023 CORPORATE OVERVIEW Leading pure - play precision manufacturer serving diverse end - markets with 100% domestic footprint Broadwind is a precision manufacturer of technologically advanced, high - value components and solutions for commercial and industrial cl
Slide 13: What we do
13 Broadwind | Investor Presentation 2023 What we do Precision manufacturing within wind sector and other diverse end - markets We provide large complex and precision fabrications to customers in a broad range of industrial markets, as well as proprietary clean fuel processing systems. Key products
Slide 14: Inflation Reduction Act Impact Benefit
14 Broadwind | Investor Presentation 2023 INFLATION REDUCTION ACT IMPACT BENEFIT At full utilization, IRA could provide up to ~$30 million in incremental annual gross profit Broadwind is prepared to leverage the benefits of the IRA to create shareholder value The IRA serves to materially enhance tow
Slide 15: Appendix Balance Sheet
15 Broadwind | Investor Presentation 2023 APPENDIX Balance Sheet
Slide 16: Appendix Income Statement
16 Broadwind | Investor Presentation 2023 APPENDIX Income Statement
Slide 17: Appendix Statement of Cash Flows
17 Broadwind | Investor Presentation 2023 APPENDIX Statement of Cash Flows
Slide 18: GAAP to Non-GAAP Reconciliation
18 Broadwind | Investor Presentation 2023 APPENDIX GAAP to Non - GAAP Reconciliation Consolidated 2025 2024 Net (Loss) Income……………..…………...………………………………………(370)$ 1,510$ Interest Expense…………………….……………………………………. 516 532 Income Tax Provision…………………………….....…………………… 36 39 Depreciation and Amortization………
Slide 19: Segment-Level Data
19 Broadwind | Investor Presentation 2023 APPENDIX Segment - Level Data Three Months Ended 2025 2024 ORDERS: Heavy Fabrications………………………………………………………………12,391$ 11,221$ Gearing………………………………………………………………7,960 10,446 Industrial Solutions………………………………………………………………10,104 7,329 Total orders………………………………...……………
Slide 20: IR Contact
20 Broadwind | Investor Presentation 2023 Please contact our investor relations team at BWEN@val - adv.com IR CONTACT