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Broadwind vs Matthews International: revenue, profit, margins and growth compared

Broadwind brought in $158.1M of revenue in fiscal 2025, Matthews International $1.5B in fiscal 2025. Revenue changed by +10.4% at Broadwind and -16.6% at Matthews International on the year before, so Broadwind grew faster. Broadwind kept 3.3% of its revenue as net profit, Matthews International -1.6%. Free cash flow was -$19M at Broadwind and -$59.4M at Matthews International.

Side by side, latest fiscal year

BWENMATW
Fiscal year endedFY2025 (December 31, 2025)FY2025 (September 30, 2025)
Revenue$158.1M$1.5B
Revenue growth+10.4%-16.6%
Net income$5.2M-$24.5M
Net margin3.3%-1.6%
Free cash flow-$19M-$59.4M
Free cash flow margin-12.0%-4.0%
Earnings per share (diluted)$0.23-$0.79
Cash$457K$32.4M
Debt$9M$688.3M
Price to earnings18.4n/a
Market value$100.1M$591.5M
Dividend yieldn/a5.28%
Rank by revenue in sector#38 of 51 · Telecommunications#20 of 51 · Telecommunications

Over the years

Revenue
BWEN FY2018: $125.4MBWEN FY2019: $178.2MBWEN FY2020: $198.5MBWEN FY2021: $145.6MBWEN FY2022: $176.8MBWEN FY2023: $203.5MBWEN FY2024: $143.1MBWEN FY2025: $158.1MMATW FY2018: $1.6BMATW FY2019: $1.5BMATW FY2020: $1.5BMATW FY2021: $1.7BMATW FY2022: $1.8BMATW FY2023: $1.9BMATW FY2024: $1.8BMATW FY2025: $1.5BFY18FY19FY20FY21FY22FY23FY24FY25
BWEN $158.1MMATW $1.5B
Net income
BWEN FY2018: -$24.1MBWEN FY2019: -$4.5MBWEN FY2020: -$1.5MBWEN FY2021: $2.8MBWEN FY2022: -$9.7MBWEN FY2023: $7.6MBWEN FY2024: $1.2MBWEN FY2025: $5.2MMATW FY2018: $107.4MMATW FY2019: -$38MMATW FY2020: -$87.2MMATW FY2021: $2.9MMATW FY2022: -$99.8MMATW FY2023: $39.3MMATW FY2024: -$59.7MMATW FY2025: -$24.5MFY18FY19FY20FY21FY22FY23FY24FY25
BWEN $5.2MMATW -$24.5M
Net margin
BWEN FY2018: -19.3%BWEN FY2019: -2.5%BWEN FY2020: -0.7%BWEN FY2021: 2.0%BWEN FY2022: -5.5%BWEN FY2023: 3.8%BWEN FY2024: 0.8%BWEN FY2025: 3.3%MATW FY2018: 6.7%MATW FY2019: -2.5%MATW FY2020: -5.8%MATW FY2021: 0.2%MATW FY2022: -5.7%MATW FY2023: 2.1%MATW FY2024: -3.3%MATW FY2025: -1.6%FY18FY19FY20FY21FY22FY23FY24FY25
BWEN 3.3%MATW -1.6%
Revenue growth
BWEN FY2019: +42.1%BWEN FY2020: +11.4%BWEN FY2021: -26.6%BWEN FY2022: +21.4%BWEN FY2023: +15.1%BWEN FY2024: -29.7%BWEN FY2025: +10.4%MATW FY2019: -4.1%MATW FY2020: -2.5%MATW FY2021: +11.5%MATW FY2022: +5.5%MATW FY2023: +6.7%MATW FY2024: -4.5%MATW FY2025: -16.6%FY19FY20FY21FY22FY23FY24FY25
BWEN +10.4%MATW -16.6%
Free cash flow
BWEN FY2018: -$279KBWEN FY2019: $2.7MBWEN FY2020: $3.8MBWEN FY2021: -$14.5MBWEN FY2022: $13.5MBWEN FY2023: -$13.4MBWEN FY2024: $10.2MBWEN FY2025: -$19MMATW FY2018: $104.4MMATW FY2019: $93.4MMATW FY2020: $145.6MMATW FY2021: $128.5MMATW FY2022: $65.5MMATW FY2023: $28.9MMATW FY2024: $34.1MMATW FY2025: -$59.4MFY18FY19FY20FY21FY22FY23FY24FY25
BWEN -$19MMATW -$59.4M

Fiscal years as each company reports them; the two may end in different months.

Questions about Broadwind and Matthews International

Which is bigger by revenue, Broadwind or Matthews International?

Matthews International is bigger by revenue: $1.5B in fiscal 2025, against $158.1M for Broadwind in fiscal 2025.

Which keeps more of its revenue as profit, Broadwind or Matthews International?

Broadwind had a net margin of 3.3% in fiscal 2025; Matthews International had -1.6% in fiscal 2025.

Which grew revenue faster, Broadwind or Matthews International?

In their latest fiscal years revenue changed by +10.4% at Broadwind and -16.6% at Matthews International.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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