TPI Composites, Inc. manufactures and sells composite wind blades, and related precision molding and assembly systems to original equipment manufacturers (OEMs). The company also provides composite solutions for the transportation industry; and field service inspection and repair services to OEM customers and wind farm owners and operators. It operates in the United States, Asia, Mexico, Europe, the Middle East, Africa, and India. The company was formerly known as LCSI Holding, Inc. and changed its name to TPI Composites, Inc. in 2008. TPI Composites, Inc. was founded in 1968 and is headquartered in Scottsdale, Arizona.
Revenue of TPI Composites, Inc. (TPIC)
Revenue in 2023 (TTM): $1.46 B
According to TPI Composites, Inc.'s latest financial reports the company's current revenue (TTM) is $1.46 B. The revenue is the total amount of income that a company generates by the sale of goods or services. Unlike with the earnings no expenses are subtracted.
Revenue history of TPI Composites, Inc.
Annual Revenue
| Year | Revenue | Gross Profit | Ebitda | Income Before Tax | Net Income |
|---|---|---|---|---|---|
| 2023 | $1.46 B | $-87,548,000 | $-127,910,000 | $-178,891,000 | $-201,779,000 |
| 2022 | $1.52 B | $14.65 M | $24.57 M | $-25,937,000 | $-55,550,000 |
| 2021 | $1.73 B | $-31,580,000 | $-59,831,000 | $-132,788,000 | $-159,548,000 |
| 2020 | $1.67 B | $64.1 M | $-55,000 | $-7,743,000 | $-19,027,000 |
| 2019 | $1.44 B | $77.85 M | $54.17 M | $7.41 M | $-15,708,000 |
| 2018 | $1.03 B | $72.84 M | $39.09 M | $2.25 M | $5.28 M |
| 2017 | $930.28 M | $112.71 M | $88.61 M | $56.77 M | $43.69 M |
| 2016 | $754.88 M | $77.01 M | $51.35 M | $20.84 M | $13.84 M |
| 2015 | $585.85 M | $41.75 M | $39.04 M | $11.66 M | $7.68 M |
| 2014 | $320.75 M | $14.65 M | $12.92 M | $-5,723,000 | $-6,648,000 |
| 2013 | $215.05 M | $8.27 M | $4.35 M | $-4,372,000 | $1.28 M |
| 2012 | $156.18 M | $-5,815,000 | $1.26 M | $-6,163,000 | $-20,799,000 |