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TPI Composites's revenue is $1.3 billion.

What is TPI Composites's revenue?

TPI Composites's annual revenue is $1.3B. Zippia's data science team found the following key financial metrics about TPI Composites after extensive research and analysis.
  • TPI Composites's revenue growth from 2022 to 2024 is -9.98%.
  • TPI Composites has 14,000 employees, and the revenue per employee ratio is $95,080.
  • TPI Composites's peak quarterly revenue was $404.1M in 2023(q1).
  • TPI Composites peak revenue was $1.5B in 2022.
  • TPI Composites annual revenue for 2023 was 1.4B, -3.13% growth from 2022.
  • TPI Composites annual revenue for 2024 was 1.3B, -7.07% growth from 2023.

On this page

Most recent quarter revenue
$346.5M (Q4'2024)
Company most recent quarter revenue
Peak revenue
$1.5B (2022)
Company peak revenue
Revenue / employee
$95,081
Company revenue / employee

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Floating question marks illustration
Most recent quarter revenue
$346.5M (Q4'2024)
Company most recent quarter revenue
Peak revenue
$1.5B (2022)
Company peak revenue
Revenue / employee
$95,081
Company revenue / employee

TPI Composites historical revenue

TPI Composites's peak revenue was $1.5B in 2022. The peak quarterly revenue was $404.1M in 2023(q1).

TPI Composites's revenue increased from $585.9m in 2022 to $1.3B currently. That's a -9.98% change in annual revenue.

TPI Composites annual revenue

$1B
$1B
$887M
$591M
$296M
$0
2022
2023
2024

TPI Composites annual revenue over time

Fiscal year / yearTPI Composites revenue
2022$1.5B
2023$1.4B
2024$1.3B

TPI Composites quarterly revenue over time

  • Q1
  • Q2
  • Q3
  • Q4
$404M
$323M
$242M
$162M
$81M
$0
2022
2023
2024

TPI Composites quarterly growth rate over time

YearQ1Q2Q3Q4
2022$343.5M$392.5M$384.4M$403.1M
2023$404.1M$374.0M$370.2M$317.0M
2024$299.1M$309.8M$380.8M$346.5M

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TPI Composites financial information

IndustryIndependent Power and Renewable Electricity Producers
Company TypePublic
Employees Number14,000
Date Founded1968
HeadquartersScottsdale, Arizona
Number of Locations4
Revenue$1.3B
Net Income-$65,305,000
Gross Proft($53.0M) (2024)
PE Ratio-4.41
Tax Rate-0.1%
Market Capitalization$1.1B
Total Assets$962,176,000
TickerTPIC

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TPI Composites financing

TPI Composites received early financing of $22.0M on 2007-10-12.

SeriesRound sizeDate
Series A$22M10/2007
Series Unknown$20.0M02/2009
Series B$26M12/2009
Series Unknown$9.0M06/2010
Series Unknown$5M02/2012
Series Unknown$3.2M05/2014

TPI Composites investors

InvestorsSecurity type
NGP Energy Technology PartnersSeries A
Landmark PartnersSeries A
Angeleno GroupSeries A
NGP Energy Technology PartnersSeries B
Ge CapitalSeries B
Landmark PartnersSeries B
Element PartnersSeries B
Angeleno GroupSeries B

TPI Composites competitors

TPI Composites's top competitor, Hubbell, earned an annual revenue of $5.6B.

TPI Composites's smallest competitor is Kean Wind Turbines with revenue of $160.0K last year.

Company nameAverage salaryRevenueEmployee sizeJob openings
UGE International-$1.0M100-
Kean Wind Turbines-$160,0004-
California Energy & Power-$820,0007-
Clipper Windpower-$670,00050-
Schletter Group-$54.5M200-
OFS International-$94.7M300-
Triana Energy, LLC-$320,00010-
Hubbell-$5.6B19,700-
AFGlobal-$500.0M1,150-
Xunlight Corporation--50-

TPI Composites revenue FAQs

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Zippia gives an in-depth look into the details of TPI Composites, including salaries, political affiliations, employee data, and more, in order to inform job seekers about TPI Composites. The employee data is based on information from people who have self-reported their past or current employments at TPI Composites. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by TPI Composites. The data presented on this page does not represent the view of TPI Composites and its employees or that of Zippia.

TPI Composites may also be known as or be related to TPI COMPOSITES INC, TPI COMPOSITES, INC, TPI Composites, TPI Composites Inc, TPI Composites, Inc. and Tpi Composites, Inc.