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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.
| Fiscal year / year | TPI Composites revenue |
|---|---|
| 2022 | $1.5B |
| 2023 | $1.4B |
| 2024 | $1.3B |
| Year | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| 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 |
Do you work at TPI Composites?
Did TPI Composites meet its revenue projections?
| Industry | Independent Power and Renewable Electricity Producers |
| Company Type | Public |
| Employees Number | 14,000 |
| Date Founded | 1968 |
| Headquarters | Scottsdale, Arizona |
| Number of Locations | 4 |
| 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 |
| Ticker | TPIC |
TPI Composites received early financing of $22.0M on 2007-10-12.
| Series | Round size | Date |
|---|---|---|
| Series A | $22M | 10/2007 |
| Series Unknown | $20.0M | 02/2009 |
| Series B | $26M | 12/2009 |
| Series Unknown | $9.0M | 06/2010 |
| Series Unknown | $5M | 02/2012 |
| Series Unknown | $3.2M | 05/2014 |
| Investors | Security type |
|---|---|
| NGP Energy Technology Partners | Series A |
| Landmark Partners | Series A |
| Angeleno Group | Series A |
| NGP Energy Technology Partners | Series B |
| Ge Capital | Series B |
| Landmark Partners | Series B |
| Element Partners | Series B |
| Angeleno Group | Series B |
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 name | Average salary | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| UGE International | - | $1.0M | 100 | - |
| Kean Wind Turbines | - | $160,000 | 4 | - |
| California Energy & Power | - | $820,000 | 7 | - |
| Clipper Windpower | - | $670,000 | 50 | - |
| Schletter Group | - | $54.5M | 200 | - |
| OFS International | - | $94.7M | 300 | - |
| Triana Energy, LLC | - | $320,000 | 10 | - |
| Hubbell | - | $5.6B | 19,700 | - |
| AFGlobal | - | $500.0M | 1,150 | - |
| Xunlight Corporation | - | - | 50 | - |
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.