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Side-by-side financial comparison of BATTALION OIL CORP (BATL) and BROADWIND, INC. (BWEN). Click either name above to swap in a different company.

BROADWIND, INC. is the larger business by last-quarter revenue ($37.7M vs $31.6M, roughly 1.2× BATTALION OIL CORP). On growth, BROADWIND, INC. posted the faster year-over-year revenue change (12.4% vs -36.1%). Over the past eight quarters, BROADWIND, INC.'s revenue compounded faster (0.2% CAGR vs -20.1%).

Battalion Oil Corp is an independent energy company engaged in the exploration, development, and production of crude oil, natural gas, and natural gas liquids. It primarily operates assets in the Eagle Ford Shale region of South Texas, serving commercial and industrial clients across North American energy markets.

Broadwind Inc. is a U.S.-headquartered industrial manufacturer that produces heavy structural components, gearing systems, and offers aftermarket services for renewable energy, infrastructure, and heavy industrial segments. It primarily supplies core parts for wind turbines, utility energy projects, and industrial equipment to clients across North America.

BATL vs BWEN — Head-to-Head

Bigger by revenue
BWEN
BWEN
1.2× larger
BWEN
$37.7M
$31.6M
BATL
Growing faster (revenue YoY)
BWEN
BWEN
+48.6% gap
BWEN
12.4%
-36.1%
BATL
Faster 2-yr revenue CAGR
BWEN
BWEN
Annualised
BWEN
0.2%
-20.1%
BATL

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
BATL
BATL
BWEN
BWEN
Revenue
$31.6M
$37.7M
Net Profit
$1.8M
Gross Margin
8.8%
Operating Margin
-33.8%
-0.2%
Net Margin
5.7%
Revenue YoY
-36.1%
12.4%
Net Profit YoY
108.1%
EPS (diluted)
$-0.77
$-0.03

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
BATL
BATL
BWEN
BWEN
Q4 25
$31.6M
$37.7M
Q3 25
$43.4M
$44.2M
Q2 25
$42.6M
$39.2M
Q1 25
$47.4M
$36.8M
Q4 24
$49.5M
$33.6M
Q3 24
$45.1M
$35.5M
Q2 24
$49.1M
$36.5M
Q1 24
$49.5M
$37.6M
Net Profit
BATL
BATL
BWEN
BWEN
Q4 25
$1.8M
Q3 25
$-735.0K
$7.5M
Q2 25
$4.8M
$-989.0K
Q1 25
$6.0M
$-370.0K
Q4 24
$-22.2M
Q3 24
$21.6M
$74.0K
Q2 24
$-105.0K
$482.0K
Q1 24
$-31.2M
$1.5M
Gross Margin
BATL
BATL
BWEN
BWEN
Q4 25
8.8%
Q3 25
10.2%
Q2 25
10.1%
Q1 25
11.7%
Q4 24
11.3%
Q3 24
14.6%
Q2 24
15.3%
Q1 24
17.6%
Operating Margin
BATL
BATL
BWEN
BWEN
Q4 25
-33.8%
-0.2%
Q3 25
1.9%
19.7%
Q2 25
-0.4%
-0.4%
Q1 25
7.2%
0.5%
Q4 24
-36.2%
-0.9%
Q3 24
2.3%
3.3%
Q2 24
10.4%
3.4%
Q1 24
0.0%
5.5%
Net Margin
BATL
BATL
BWEN
BWEN
Q4 25
5.7%
Q3 25
-1.7%
16.9%
Q2 25
11.3%
-2.5%
Q1 25
12.7%
-1.0%
Q4 24
-44.9%
Q3 24
48.0%
0.2%
Q2 24
-0.2%
1.3%
Q1 24
-63.0%
4.0%
EPS (diluted)
BATL
BATL
BWEN
BWEN
Q4 25
$-0.77
$-0.03
Q3 25
$-0.91
$0.32
Q2 25
$-0.21
$-0.04
Q1 25
$-0.35
$-0.02
Q4 24
$-1.47
$-0.04
Q3 24
$0.34
$0.00
Q2 24
$-0.53
$0.02
Q1 24
$-2.24
$0.07

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BATL
BATL
BWEN
BWEN
Cash + ST InvestmentsLiquidity on hand
$28.0M
$456.0K
Total DebtLower is stronger
$208.1M
$10.1M
Stockholders' EquityBook value
$-32.8M
$66.3M
Total Assets
$460.7M
$116.8M
Debt / EquityLower = less leverage
0.15×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BATL
BATL
BWEN
BWEN
Q4 25
$28.0M
$456.0K
Q3 25
$50.5M
$1.2M
Q2 25
$44.6M
$1.0M
Q1 25
$73.6M
$1.2M
Q4 24
$19.7M
$7.7M
Q3 24
$29.8M
$1.4M
Q2 24
$54.4M
$938.0K
Q1 24
$48.9M
$1.1M
Total Debt
BATL
BATL
BWEN
BWEN
Q4 25
$208.1M
$10.1M
Q3 25
$213.8M
$10.3M
Q2 25
$219.4M
$26.1M
Q1 25
$225.1M
$12.2M
Q4 24
$162.1M
$9.2M
Q3 24
$147.8M
$16.9M
Q2 24
$160.4M
$18.0M
Q1 24
$190.2M
$7.7M
Stockholders' Equity
BATL
BATL
BWEN
BWEN
Q4 25
$-32.8M
$66.3M
Q3 25
$-20.3M
$66.9M
Q2 25
$-5.2M
$59.0M
Q1 25
$-1.8M
$59.3M
Q4 24
$4.1M
$59.4M
Q3 24
$35.0M
$59.6M
Q2 24
$22.7M
$59.1M
Q1 24
$31.3M
$58.0M
Total Assets
BATL
BATL
BWEN
BWEN
Q4 25
$460.7M
$116.8M
Q3 25
$491.7M
$119.6M
Q2 25
$498.8M
$130.5M
Q1 25
$506.2M
$129.3M
Q4 24
$431.0M
$128.3M
Q3 24
$458.0M
$125.1M
Q2 24
$487.3M
$122.5M
Q1 24
$488.6M
$123.1M
Debt / Equity
BATL
BATL
BWEN
BWEN
Q4 25
0.15×
Q3 25
0.15×
Q2 25
0.44×
Q1 25
0.21×
Q4 24
39.35×
0.15×
Q3 24
4.23×
0.28×
Q2 24
7.07×
0.30×
Q1 24
6.07×
0.13×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BATL
BATL
BWEN
BWEN
Operating Cash FlowLast quarter
$-11.8M
$857.0K
Free Cash FlowOCF − Capex
$-187.0K
FCF MarginFCF / Revenue
-0.5%
Capex IntensityCapex / Revenue
2.8%
Cash ConversionOCF / Net Profit
-6.58×
TTM Free Cash FlowTrailing 4 quarters
$-19.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BATL
BATL
BWEN
BWEN
Q4 25
$-11.8M
$857.0K
Q3 25
$28.0M
$4.3M
Q2 25
$10.2M
$-12.5M
Q1 25
$12.7M
$-8.0M
Q4 24
$6.7M
$14.8M
Q3 24
$-5.1M
$2.4M
Q2 24
$29.8M
$-9.3M
Q1 24
$3.9M
$5.9M
Free Cash Flow
BATL
BATL
BWEN
BWEN
Q4 25
$-187.0K
Q3 25
$3.8M
Q2 25
$-13.7M
Q1 25
$-9.0M
Q4 24
$14.5M
Q3 24
$1.7M
Q2 24
$-10.1M
Q1 24
$4.1M
FCF Margin
BATL
BATL
BWEN
BWEN
Q4 25
-0.5%
Q3 25
8.6%
Q2 25
-34.8%
Q1 25
-24.3%
Q4 24
43.1%
Q3 24
4.8%
Q2 24
-27.6%
Q1 24
10.9%
Capex Intensity
BATL
BATL
BWEN
BWEN
Q4 25
2.8%
Q3 25
1.1%
Q2 25
3.1%
Q1 25
2.5%
Q4 24
1.0%
Q3 24
2.1%
Q2 24
2.2%
Q1 24
4.6%
Cash Conversion
BATL
BATL
BWEN
BWEN
Q4 25
-6.58×
Q3 25
0.57×
Q2 25
2.13×
Q1 25
2.11×
Q4 24
Q3 24
-0.23×
32.99×
Q2 24
-19.26×
Q1 24
3.88×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

BATL
BATL

Oil$28.6M91%
Natural Gas Liquids Reserves$3.9M12%

BWEN
BWEN

Heavy Fabrications$21.6M57%
Industrial Solutions$9.4M25%
Gearing$7.0M19%

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