TPI Composites, Inc.

TPI Composites, Inc.

TPICQ
TPI Composites, Inc.US flagOther OTC
0.01
USD
+0.00
- -
390,126.00Market Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
8.1
12.08
22.07
43.87
28.22
30.01
40.97
32.17
39.35
35.24
20.25
18.75
18.92
21.79
Basic EPS, GAAP
-0.48
-0.78
-0.07
1.23
1.14
0.15
-0.45
-0.54
-4.43
-2.96
-6.1
-5.07
-7.02
-7.05
Free Cash Flow per Basic Share
-0.2
-1.96
0.19
1.67
0.88
-1.63
-0.49
-0.79
-1.67
-1.93
-2.74
-0.29
-2.9
-2.92
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
- -
-7.14
-7.2
-10.41
-2.36
-2.18
-2.58
-3.08
-7.19
-7.96
-12.56
-16.36
-23.02
-23.11
Tangible Book Value per Share
- -
-7.27
-7.39
5.81
6.35
6.16
5.61
5.42
3.11
1.06
-2.99
-7.94
-14.09
-14.15
Basic Weighted Avg Shares
27
27
27
18
34
34
35
36
37
42
43
47
49
48
Sales/Revenue/Turnover
215
321
586
769
955
1,030
1,436
1,143
1,472
1,479
864
890
918
1,053
Operating Margin (%)
0.33
1.71
4.71
6.89
7.34
2.85
2.64
-4.35
-4.54
1.57
-18.26
-13.3
-15.14
-12.96
Depreciation Expense
5
7
11
13
22
26
39
50
53
45
39
30
26
26
Net Income, GAAP
1
-7
8
27
39
5
-16
-19
-160
-65
-202
-241
-341
-341
Effective Tax Rate (%)
- -
- -
34.11
11.9
28.97
- -
312.07
- -
- -
213.99
- -
- -
- -
- -
Profit Margin (%)
0.59
-2.07
1.31
3.52
4.06
0.51
-1.09
-1.66
-10.84
-4.42
-23.36
-27.05
-37.11
-32.36
Working Capital
- -
-1
11
89
175
144
95
142
191
189
117
-45
-485
-485
LT Debt
- -
63
77
90
86
111
242
340
145
135
532
570
50
50
Total Equity
- -
-187
-191
107
221
221
205
201
373
360
-122
-373
-679
-679
Return on Invested Capital (%)
- -
- -
- -
55.62
17.42
- -
-19.26
- -
- -
-4.47
- -
- -
- -
- -
Return on Capital (%)
- -
- -
-27.81
-70.27
-532.71
- -
-26.76
- -
- -
-34.81
- -
- -
- -
- -
Return on Common Equity (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -

Capital Structure

FRC

in mil. unless spec.
Jun'25
Sep'25
Dec'25
ST Debt
643
453
474
LT Borrowings
- -
- -
- -
LT Finance Leases
89
55
50
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
49
49
49
Market Capitalization
41
1
1

Working Capital

FRC

in mil. unless spec.
Jun'25
Sep'25
Dec'25
Total Current Assets
349
184
155
Cash, Cash Equivalents & STI
106
30
14
Accounts Receivable, Net
69
44
50
Inventories
4
2
28
Total Current Liabilities
981
584
640
Payables & Accruals
312
131
166
ST Debt
643
453
474
Deferred Revenue
25
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
17.78%
47.08%
82.05%
Free Cash Flow
123.86%
207.42%
928.56%
Net Income, GAAP
78.18%
189.86%
41.58%
Sales/Revenue/Turnover
7.62%
-1.22%
3.2%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
404
374
370
297
864
2024
294
310
259
347
890
2025
336
276
234
206
918

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
-0.88
-1.9
-1.71
- -
-6.1
2024
-1.3
-1.92
-0.84
-1.01
-5.07
2025
-1.01
-1.4
-2.63
- -
-7.02

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
William E. Siwek
Full Time Employees
11,700
Sector
Industrials
Industry
Industrial - Machinery
Address
Gainey Center II Scottsdale AZ United States of America 85253
IPO Date
Jul 22, 2016
Business
TPI Composites, Inc. manufactures composite wind blades and related precision molding and assembly systems for original equipment manufacturers in the wind energy industry. The company provides field service inspection, repair, diagnostic, and maintenance services for wind blades to OEM customers, wind farm owners, and operators; it also offers composite structures for transportation applications, including electric buses, commercial vehicles, and passenger EV platforms. TPI Composites operates manufacturing facilities in the United States, Mexico, Türkiye, and India, with engineering development centers in Denmark and Germany and service training centers in the United States, France, the United Kingdom, and Spain. Founded in 1968 and headquartered in Scottsdale, Arizona, the company originated as Tillotson Pearson Inc., focusing initially on marine composites before expanding into wind blades in 2001. In recent developments, TPI Composites extended supply agreements with Vestas and GE Vernova through 2025, divested its automotive business unit, closed its Nordex Matamoros plant in Mexico and one facility in Türkiye, ramped up production in Mexico to support 24/7 operations amid exceeding demand, and plans to reopen its Iowa plant in mid-2025 to serve GE Vernova; additionally, on August 11, 2025, the company and its affiliates filed a voluntary petition for Chapter 11 reorganization in the U.S. Bankruptcy Court for the Southern District of Texas.

Company News

APIChat
  • TPI Composites, Inc. Advances Chapter 11 Process with Court Approval of First-Day Motions

  • TPI Composites (TPIC) Reports Q2 Loss, Lags Revenue Estimates

  • TPI Composites, Inc. Initiates Voluntary Chapter 11 Proceedings to Facilitate Restructuring to Position Company for Long-Term Success

  • TPI Composites to Sponsor World KidWind Challenge Wind Tunnel at ACP CLEANPOWER 2025

  • TPI Composites, Inc. (TPIC) Q1 2025 Earnings Call Transcript

  • TPI Composites (TPIC) Reports Q1 Loss, Tops Revenue Estimates

  • TPI Composites, Inc. Announces First Quarter 2025 Earnings Results – Operational Execution and Strategic Initiatives Drive Improved Financial Results; Initiation of Strategic Review

  • Ahead of TPI Composites (TPIC) Q1 Earnings: Get Ready With Wall Street Estimates for Key Metrics

  • Ahead of TPI Composites (TPIC) Q1 Earnings: Get Ready With Wall Street Estimates for Key Metrics

  • TPI Composites, Inc. Announces Date Change for its First Quarter 2025 Earnings Release Date and Conference Call

  • TPI Composites, Inc. Announces First Quarter 2025 Earnings Release Date and Conference Call

  • TPI Composites Publishes Annual Sustainability Report Showcasing Its Commitments to Sustainable Operations

  • TPI Composites Achieves Milestone: 100,000 Wind Blades Manufactured

  • TPI Composites, Inc. (TPIC) Q4 2024 Earnings Call Transcript

  • TPI Composites (TPIC) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates

  • TPI Composites (TPIC) Reports Q4 Loss, Misses Revenue Estimates

  • TPI Composites, Inc. Announces Fourth Quarter and Full Year 2024 Earnings Results – Expects Improved Profitability in 2025

  • Stay Ahead of the Game With TPI Composites (TPIC) Q4 Earnings: Wall Street's Insights on Key Metrics

  • TPI Composites, Inc. Announces Fourth Quarter and Full Year 2024 Earnings Release Date and Conference Call

  • TPI Composites, Inc. (TPIC) Q3 2024 Earnings Call Transcript