TPIC TPI COMPOSITES INC revenue, earnings and financials

For the quarter ended December 31, 2025, TPI COMPOSITES INC reported revenue of $71.6M (up 165.7% from a year earlier), net income of −$96.1M and diluted EPS of −$1.98; over the last four quarters revenue was $918M and net income −$341M; for the fiscal year ended December 2025 revenue was $918M, up 3.2% on the year before.

TPIC annual revenue and earnings

• Fiscal year ended Dec 2025: revenue $918M, gross profit −$111M, operating income −$179M, net income −$341M (margin -37.1%), EPS −$7.02
• Fiscal year ended Dec 2024: revenue $890M, gross profit −$72.2M, operating income −$135M, net income −$241M (margin -27.0%), EPS −$5.07
• Fiscal year ended Dec 2023: revenue $864M, gross profit −$111M, operating income −$173M, net income −$202M (margin -23.4%), EPS −$4.16
• Fiscal year ended Dec 2022: revenue $918M, gross profit $55.5M, operating income $13.4M, net income −$65.3M (margin -7.1%), EPS −$2.96
• Fiscal year ended Dec 2021: revenue $1.47B, gross profit −$37.6M, operating income −$91.8M, net income −$160M (margin -10.8%), EPS −$4.43

TPIC quarterly revenue and earnings

• Quarter ended Dec 31, 2025 (from the annual report): revenue $71.6M (up 165.7% year over year), net income −$96.1M, EPS −$1.98
• Quarter ended Sep 30, 2025: revenue $234M (down 9.6% year over year), net income −$128M, EPS −$2.63
• Quarter ended Jun 30, 2025: revenue $276M (down 10.8% year over year), net income −$68.2M, EPS −$1.40
• Quarter ended Mar 31, 2025: revenue $336M (up 14.3% year over year), net income −$48.3M, EPS −$1.01
• Quarter ended Dec 31, 2024 (from the annual report): revenue $27.0M (up 109.5% year over year), net income −$48.1M, EPS −$1.01
• Quarter ended Sep 30, 2024: revenue $259M (down 30.0% year over year), net income −$40.1M, EPS −$0.84
• Quarter ended Jun 30, 2024: revenue $310M (down 17.2% year over year), net income −$91.1M, EPS −$1.92
• Quarter ended Mar 31, 2024: revenue $294M (down 27.2% year over year), net income −$61.5M, EPS −$1.30
• Quarter ended Dec 31, 2023 (from the annual report): revenue −$284M (down 40.8% year over year), net income −$57.6M, EPS $0.33
• Quarter ended Sep 30, 2023: revenue $370M (down 3.7% year over year), net income −$56.8M, EPS −$1.71
• Quarter ended Jun 30, 2023: revenue $374M (down 4.7% year over year), net income −$65.2M, EPS −$1.90
• Quarter ended Mar 31, 2023: revenue $404M (up 17.6% year over year), net income −$22.1M, EPS −$0.88
• Quarter ended Dec 31, 2022 (from the annual report): revenue −$202M (down 256.3% year over year), net income −$42.5M, EPS −$1.38
• Quarter ended Sep 30, 2022: revenue $384M (down 19.8% year over year), net income −$1.47M, EPS −$0.39
• Quarter ended Jun 30, 2022: revenue $393M (down 14.5% year over year), net income −$5.51M, EPS −$0.48
• Quarter ended Mar 31, 2022: revenue $344M (down 15.1% year over year), net income −$15.8M, EPS −$0.71
• Quarter ended Dec 31, 2021 (from the annual report): revenue $129M, net income −$87.3M, EPS −$2.47
• Quarter ended Sep 30, 2021: revenue $480M, net income −$30.7M, EPS −$0.83
• Quarter ended Jun 30, 2021: revenue $459M, net income −$39.8M, EPS −$1.08
• Quarter ended Mar 31, 2021: revenue $405M, net income −$1.80M, EPS −$0.05

TPIC cash flow, buybacks and dividends

• Fiscal year ended Dec 2025: operating cash flow −$126M, share buybacks $696K
• Fiscal year ended Dec 2024: operating cash flow $12.5M, share buybacks $1.72M
• Fiscal year ended Dec 2023: operating cash flow −$81.0M, share buybacks $2.58M
• Fiscal year ended Dec 2022: operating cash flow −$62.3M, share buybacks $959K
• Fiscal year ended Dec 2021: operating cash flow −$25.5M, share buybacks $493K

TPIC balance sheet

• Dec 31, 2025: cash $13.9M, total assets $342M, total liabilities $1.02B, shareholders' equity −$679M
• Sep 30, 2025: cash $29.5M, total assets $381M, total liabilities $964M, shareholders' equity −$583M
• Jun 30, 2025: cash $106M, total assets $592M, total liabilities $1.08B, shareholders' equity −$485M
• Mar 31, 2025: cash $172M, total assets $666M, total liabilities $1.09B, shareholders' equity −$421M
• Dec 31, 2024: cash $143M, total assets $692M, total liabilities $1.07B, shareholders' equity −$373M
• Sep 30, 2024: cash $80.9M, total assets $753M, total liabilities $1.07B, shareholders' equity −$322M
• Jun 30, 2024: cash $102M, total assets $715M, total liabilities $990M, shareholders' equity −$274M
• Mar 31, 2024: cash $117M, total assets $746M, total liabilities $930M, shareholders' equity −$184M

What is TPIC's revenue?

TPI COMPOSITES INC reported $918M of revenue over its last four quarters, through December 31, 2025.

Is TPIC profitable?

No. TPI COMPOSITES INC lost $341M over the last four quarters.

What is TPIC's EPS?

Diluted earnings per share over the last four quarters were −$7.02; −$1.98 in the latest quarter.

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