TPI Composites, Inc.
TPICQ · OTC
Financial statements
Annual and quarterly income, balance-sheet, cash-flow and key-statistics data.
Income statement
| Period | Revenue | Gross profit | Operating income | Net income | EPS |
|---|---|---|---|---|---|
| 2022 FY | 1.52B | 14.65M | -17.70M | -55.55M | -1.32 |
| 2023 FY | 1.46B | -87.55M | -163.59M | -201.78M | -4.16 |
| 2024 FY | 1.33B | -53.00M | -108.72M | -240.71M | -5.07 |
| 2025 FY | 918.46M | -110.60M | -136.99M | -340.80M | -7.02 |
Balance sheet
| Period | Total assets | Liabilities | Cash | Debt | Equity |
|---|---|---|---|---|---|
| 2022 FY | 962.18M | 911.69M | 133.55M | 216.76M | 50.49M |
| 2023 FY | 804.08M | 926.38M | 161.06M | 624.34M | -122.30M |
| 2024 FY | 692.46M | 1.07B | 196.52M | 742.25M | -373.24M |
| 2025 FY | 342.44M | 1.02B | 13.90M | 523.74M | -679.47M |
Cash flow
| Period | Operating cash flow | Capital expenditure | Free cash flow | Dividends paid | Net cash change |
|---|---|---|---|---|---|
| 2022 FY | -62.27M | -18.83M | -81.10M | — | -99.15M |
| 2023 FY | -80.97M | -36.14M | -117.11M | — | 19.74M |
| 2024 FY | 12.50M | -26.20M | -13.70M | — | 34.85M |
| 2025 FY | -126.41M | -14.53M | -140.94M | — | -183.07M |
Key statistics
| Period | Market cap | Enterprise value | P/E | Price / sales | Debt / equity |
|---|---|---|---|---|---|
| 2022 FY | 425.46M | 508.67M | — | — | — |
| 2023 FY | 176.66M | 639.94M | — | — | — |
| 2024 FY | 89.70M | 635.44M | — | — | — |
| 2025 FY | 560.68K | 510.40M | — | — | — |
| 2026-12-31 | — | — | — | — | — |
| 2027-12-31 | — | — | — | — | — |
| 2028-12-31 | — | — | — | — | — |
Income statement
| Period | Revenue | Gross profit | Operating income | Net income | EPS |
|---|---|---|---|---|---|
| 2025 Q1 | 336.16M | -13.95M | -22.79M | -48.31M | -1.01 |
| 2025 Q2 | 276.25M | -29.01M | -39.41M | -68.23M | -1.40 |
| 2025 Q3 | 234.41M | -46.54M | -80.35M | -128.16M | -2.63 |
| 2025 Q4 | 206.32M | -25.87M | 5.57M | -96.10M | -1.98 |
Balance sheet
| Period | Total assets | Liabilities | Cash | Debt | Equity |
|---|---|---|---|---|---|
| 2025 Q1 | 666.46M | 1.09B | 171.86M | 736.21M | -420.69M |
| 2025 Q2 | 591.71M | 1.08B | 106.42M | 731.73M | -485.44M |
| 2025 Q3 | 380.87M | 963.70M | 29.50M | 507.75M | -582.83M |
| 2025 Q4 | 342.44M | 1.02B | 13.90M | 523.77M | -679.47M |
Cash flow
| Period | Operating cash flow | Capital expenditure | Free cash flow | Dividends paid | Net cash change |
|---|---|---|---|---|---|
| 2025 Q1 | 4.63M | -6.51M | -1.89M | — | -24.59M |
| 2025 Q2 | -26.19M | -3.70M | -29.90M | — | -65.98M |
| 2025 Q3 | -93.26M | -3.06M | -96.32M | — | -76.55M |
| 2025 Q4 | -11.58M | -7.77M | -19.36M | — | -15.95M |
Key statistics
| Period | Market cap | Enterprise value | P/E | Price / sales | Debt / equity |
|---|---|---|---|---|---|
| 2025 Q1 | 38.37M | 602.73M | — | — | — |
| 2025 Q2 | 41.84M | 667.14M | — | — | — |
| 2025 Q3 | 1.51M | 479.76M | — | — | — |
| 2025 Q4 | 560.68K | 510.43M | — | — | — |
| 2026-03-31 | — | — | — | — | — |
| 2026-06-30 | — | — | — | — | — |
| 2026-09-30 | — | — | — | — | — |