TPI Composites (TPIC) Revenue & Revenue Breakdown
TPI Composites Revenue Highlights
Latest Revenue (Y)
$1.33B
Latest Revenue (Q)
$336.16M
Main Segment (Y)
Precision Molding And Assembly Systems And Wind Blades
Main Geography (Y)
MEXICO
TPI Composites Revenue by Period
TPI Composites Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2024-12-31 | $1.33B | -8.52% |
| 2023-12-31 | $1.46B | -4.44% |
| 2022-12-31 | $1.52B | -12.11% |
| 2021-12-31 | $1.73B | 3.74% |
| 2020-12-31 | $1.67B | 16.26% |
| 2019-12-31 | $1.44B | 39.52% |
| 2018-12-31 | $1.03B | 10.68% |
| 2017-12-31 | $930.28M | 23.24% |
| 2016-12-31 | $754.88M | 28.85% |
| 2015-12-31 | $585.85M | 82.65% |
| 2014-12-31 | $320.75M | 49.15% |
| 2013-12-31 | $215.05M | 37.70% |
| 2012-12-31 | $156.18M | - |
TPI Composites generated $1.33B in revenue during NA 2024, up -8.52% compared to the previous quarter, and up 92.66% compared to the same period a year ago.
TPI Composites Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2025-03-31 | $336.16M | -2.99% |
| 2024-12-31 | $346.51M | -9.00% |
| 2024-09-30 | $380.76M | 22.90% |
| 2024-06-30 | $309.82M | 3.60% |
| 2024-03-31 | $299.06M | 0.70% |
| 2023-12-31 | $296.99M | -20.35% |
| 2023-09-30 | $372.86M | -2.21% |
| 2023-06-30 | $381.27M | -5.64% |
| 2023-03-31 | $404.07M | 0.44% |
| 2022-12-31 | $402.28M | -12.41% |
| 2022-09-30 | $459.27M | 1.53% |
| 2022-06-30 | $452.37M | 17.54% |
| 2022-03-31 | $384.87M | -1.18% |
| 2021-12-31 | $389.46M | -18.79% |
| 2021-09-30 | $479.60M | 4.52% |
| 2021-06-30 | $458.84M | 13.38% |
| 2021-03-31 | $404.68M | -13.08% |
| 2020-12-31 | $465.57M | -1.80% |
| 2020-09-30 | $474.11M | 26.83% |
| 2020-06-30 | $373.82M | 4.82% |
| 2020-03-31 | $356.64M | -15.51% |
| 2019-12-31 | $422.11M | 9.97% |
| 2019-09-30 | $383.84M | 16.04% |
| 2019-06-30 | $330.77M | 10.34% |
| 2019-03-31 | $299.78M | 3.35% |
| 2018-12-31 | $290.06M | 13.76% |
| 2018-09-30 | $254.98M | 10.57% |
| 2018-06-30 | $230.61M | -9.20% |
| 2018-03-31 | $253.98M | 2.77% |
| 2017-12-31 | $247.14M | 1.56% |
| 2017-09-30 | $243.35M | -1.95% |
| 2017-06-30 | $248.19M | 29.53% |
| 2017-03-31 | $191.60M | 3.25% |
| 2016-12-31 | $185.57M | -6.72% |
| 2016-09-30 | $198.94M | 2.41% |
| 2016-06-30 | $194.25M | 10.30% |
| 2016-03-31 | $176.11M | -1.58% |
| 2015-12-31 | $178.95M | 10.75% |
| 2015-09-30 | $161.58M | 7.91% |
| 2015-06-30 | $149.74M | 56.65% |
| 2015-03-31 | $95.59M | - |
TPI Composites generated $336.16M in revenue during Q1 2025, up -2.99% compared to the previous quarter, and up 113.19% compared to the same period a year ago.
TPI Composites Revenue Breakdown
TPI Composites Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 24 | Dec 23 | Dec 22 | Dec 21 | Dec 20 |
|---|---|---|---|---|---|
| Precision Molding And Assembly Systems And Wind Blades | $16.40M | $17.10M | $1.30M | $600.00K | $3.00M |
TPI Composites's latest annual revenue breakdown by segment (product or service), as of Dec 24: Precision Molding And Assembly Systems And Wind Blades (100.00%).
Quarterly Revenue by Product
| Product/Service | Mar 25 | Dec 24 | Sep 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Field Services Inspection and Repair Services | $7.12M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Wind Blades | $329.04M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Precision Molding And Assembly Systems And Wind Blades | $10.80M | - | $21.30M | $13.80M | - | $17.10M | $17.10M | $1.30M | $1.30M | $1.30M | $500.00K | $100.00K | $100.00K | - | - | - | - | - | - | - |
| United States Segment | - | - | - | - | - | - | $16.36M | $20.20M | $28.09M | $45.63M | $46.80M | $42.08M | $47.43M | - | - | - | - | - | - | - |
TPI Composites's latest quarterly revenue breakdown by segment (product or service), as of Mar 25: Wind Blades (94.84%), Precision Molding And Assembly Systems And Wind Blades (3.11%), and Field Services Inspection and Repair Services (2.05%).
TPI Composites Revenue Breakdown by Country
Annual Revenue by Country
| Country | Dec 24 | Dec 23 | Dec 22 | Dec 21 | Dec 20 |
|---|---|---|---|---|---|
| MEXICO | $696.76M | $589.54M | $646.62M | $608.10M | $495.84M |
| INDIA | $166.28M | $241.06M | $217.96M | $200.23M | $91.73M |
| EMEA | $447.88M | - | - | - | - |
| UNITED STATES | $20.20M | $51.10M | $89.17M | $181.84M | $181.94M |
| SPAIN | - | $6.87M | - | - | - |
| TURKEY | - | - | $568.99M | $482.22M | $373.55M |
| CHINA | - | - | - | $260.20M | $527.08M |
TPI Composites's latest annual revenue breakdown by geography, as of Dec 24: MEXICO (52.34%), EMEA (33.65%), INDIA (12.49%), and UNITED STATES (1.52%).
Quarterly Revenue by Country
| Country | Mar 25 | Dec 24 | Sep 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Europe Middle East And Africa Segment | $89.15M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Mexico Segment | $224.25M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| INDIA | - | $82.47M | $43.05M | $40.76M | $51.85M | $59.56M | $63.35M | $66.29M | $59.86M | $65.97M | $50.25M | $41.89M | $39.88M | $50.25M | $62.45M | $47.64M | - | - | - | - |
| MEXICO | - | $337.96M | $206.34M | $152.46M | $111.06M | $156.86M | $166.98M | $154.64M | $191.99M | $130.40M | $146.14M | $200.33M | $143.17M | $118.46M | $132.61M | $161.56M | $83.42M | $118.25M | - | - |
| UNITED STATES | - | $3.57M | $7.42M | $9.22M | $11.94M | $7.18M | $16.36M | $15.62M | $20.20M | $26.76M | $20.66M | $21.56M | $28.09M | $47.70M | $56.76M | $49.29M | $45.63M | $46.80M | $42.08M | $47.43M |
| SPAIN | - | - | $2.36M | $292.00K | $3.16M | $1.93M | $1.39M | $395.00K | - | - | - | - | - | - | - | - | - | - | - | - |
| TURKEY | - | - | - | - | - | - | $133.19M | $167.12M | $162.35M | $127.35M | $129.61M | $149.69M | $135.06M | $129.44M | $105.35M | $112.37M | - | - | - | - |
| CHINA | - | - | - | - | - | - | - | - | - | $74.83M | $59.87M | $41.35M | $40.29M | $51.87M | $91.11M | $76.93M | $126.57M | $163.46M | $145.92M | $91.14M |
| Turkey And India | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $102.29M | $102.40M | $99.82M |
TPI Composites's latest quarterly revenue breakdown by geography, as of Mar 25: Mexico Segment (71.55%), and Europe Middle East And Africa Segment (28.45%).