Income Statement (TTM)
TPI Composites, Inc. Income Statement shows changes in income and expenses over a period of time. Income Statement data includes Sales and Revenue, Gross Profit, Research and Development (R&D), Selling, General and Administrative Expense (SG&A), Operating Income, Income Tax Expense, Interest Expense, Non-Operating Income, Earnings per Share (EPS), and Shares Outstanding.
All numbers are times 1,000,000 except per share units.
|
2020 09-30 |
2020 12-31 |
2021 03-31 |
2021 06-30 |
2021 09-30 |
2021 12-31 |
2022 03-31 |
2022 06-30 |
2022 09-30 |
2022 12-31 |
2023 03-31 |
2023 06-30 |
2023 09-30 |
2023 12-31 |
2024 03-31 |
2024 06-30 |
2024 09-30 |
2024 12-31 |
2025 03-31 |
2025 06-30 |
|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1,627 | 1,143 | 1,718 | 1,803 | 1,809 | 1,472 | 1,411 | 1,345 | 1,250 | 1,479 | 1,573 | 1,555 | 1,540 | 1,432 | 1,333 | 1,268 | 1,302 | 1,331 | 1,373 | 1,340 |
| Change (%) | -29.73 | 50.31 | 4.95 | 0.30 | -18.59 | -4.15 | -4.70 | -7.08 | 18.32 | 6.38 | -1.17 | -0.91 | -7.01 | -6.96 | -4.82 | 2.62 | 2.26 | 3.16 | -2.44 | |
| % of Revenue | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 |
| Cost Of Sales | 1,528 | 1,117 | 1,596 | 1,669 | 1,716 | 1,459 | 1,409 | 1,354 | 1,263 | 1,398 | 1,534 | 1,559 | 1,546 | 1,474 | 1,390 | 1,292 | 1,340 | 1,331 | 1,373 | 1,357 |
| Change (%) | -26.88 | 42.89 | 4.56 | 2.82 | -14.96 | -3.47 | -3.85 | -6.75 | 10.66 | 9.77 | 1.65 | -0.82 | -4.66 | -5.74 | -7.04 | 3.76 | -0.69 | 3.17 | -1.24 | |
| % of Revenue | 93.91 | 97.72 | 92.89 | 92.55 | 94.87 | 99.10 | 99.81 | 100.70 | 101.05 | 94.51 | 97.52 | 100.31 | 100.40 | 102.93 | 104.29 | 101.85 | 102.98 | 100.01 | 100.02 | 101.26 |
| Gross Operating Profit | 99 | 26 | 122 | 134 | 93 | 13 | 3 | -9 | -13 | 81 | 39 | -5 | -6 | -42 | -57 | -23 | -39 | -0 | -0 | -17 |
| Change (%) | -73.65 | 368.31 | 10.03 | -30.98 | -85.74 | -79.51 | -447.84 | 39.26 | -718.41 | -52.02 | -112.22 | 29.07 | 582.64 | 36.24 | -58.96 | 65.18 | -99.72 | 120.91 | 6,831.69 | |
| % of Revenue | 6.09 | 2.28 | 7.11 | 7.45 | 5.13 | 0.90 | 0.19 | -0.70 | -1.05 | 5.49 | 2.48 | -0.31 | -0.40 | -2.93 | -4.29 | -1.85 | -2.98 | -0.01 | -0.02 | -1.26 |
| SG&A | 73 | 75 | 79 | 78 | 83 | 79 | 74 | 71 | 61 | 57 | 48 | 44 | 45 | 49 | 70 | 90 | 110 | 79 | 63 | 46 |
| Change (%) | 2.31 | 5.40 | -1.26 | 6.28 | -4.42 | -6.75 | -3.53 | -13.88 | -7.09 | -15.68 | -8.47 | 1.78 | 8.61 | 44.52 | 28.13 | 22.38 | -28.10 | -20.65 | -26.56 | |
| % of Revenue | 4.49 | 6.54 | 4.59 | 4.32 | 4.57 | 5.37 | 5.23 | 5.29 | 4.90 | 3.85 | 3.05 | 2.83 | 2.90 | 3.39 | 5.27 | 7.09 | 8.45 | 5.94 | 4.57 | 3.44 |
| R&D | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Change (%) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 10.00 | 0.00 | 0.00 | 0.00 | 27.27 | 0.00 | 0.00 | 0.00 | -7.14 | 0.00 | 0.00 | |
| % of Revenue | 0.06 | 0.09 | 0.06 | 0.06 | 0.06 | 0.07 | 0.07 | 0.07 | 0.08 | 0.07 | 0.07 | 0.07 | 0.07 | 0.10 | 0.11 | 0.11 | 0.11 | 0.10 | 0.09 | 0.10 |
| OpEx | 1,602 | 1,193 | 1,676 | 1,748 | 1,800 | 1,539 | 1,484 | 1,426 | 1,325 | 1,456 | 1,582 | 1,604 | 1,592 | 1,524 | 1,461 | 1,383 | 1,452 | 1,412 | 1,438 | 1,404 |
| Change (%) | -25.53 | 40.50 | 4.28 | 2.98 | -14.47 | -3.58 | -3.89 | -7.10 | 9.84 | 8.70 | 1.40 | -0.75 | -4.27 | -4.13 | -5.35 | 4.97 | -2.77 | 1.83 | -2.34 | |
| % of Revenue | 98.47 | 104.35 | 97.54 | 96.92 | 99.50 | 104.54 | 105.17 | 106.06 | 106.03 | 98.43 | 100.59 | 103.20 | 103.37 | 106.42 | 109.66 | 109.05 | 111.54 | 106.05 | 104.68 | 104.80 |
| Operating Income | 25 | -50 | 42 | 56 | 9 | -67 | -73 | -82 | -75 | 23 | -9 | -50 | -52 | -92 | -129 | -115 | -150 | -81 | -64 | -64 |
| Change (%) | -299.73 | -185.11 | 31.30 | -83.73 | -839.21 | 9.11 | 11.83 | -7.57 | -130.76 | -139.77 | 439.87 | 4.35 | 76.89 | 40.06 | -10.84 | 30.85 | -46.38 | -20.13 | -0.12 | |
| % of Revenue | 1.53 | -4.35 | 2.46 | 3.08 | 0.50 | -4.54 | -5.17 | -6.06 | -6.03 | 1.57 | -0.59 | -3.20 | -3.37 | -6.42 | -9.66 | -9.05 | -11.54 | -6.05 | -4.68 | -4.80 |
| Interest Expense | -9 | -10 | -11 | -11 | -11 | -14 | -12 | -10 | -8 | -5 | -7 | -8 | -8 | -12 | -31 | -52 | -74 | -92 | -95 | -97 |
| Change (%) | 12.98 | 9.20 | 1.29 | -3.76 | 23.51 | -14.64 | -14.91 | -14.65 | -40.65 | 36.39 | 13.45 | 5.34 | 47.88 | 155.84 | 66.38 | 43.84 | 24.74 | 3.05 | 2.30 | |
| % of Revenue | -0.56 | -0.91 | -0.66 | -0.64 | -0.61 | -0.93 | -0.83 | -0.74 | -0.68 | -0.34 | -0.44 | -0.50 | -0.53 | -0.84 | -2.32 | -4.06 | -5.69 | -6.94 | -6.94 | -7.27 |
| Net Income | -25 | -19 | -20 | 6 | -67 | -160 | -174 | -141 | -122 | -65 | -72 | -130 | -174 | -202 | -241 | -267 | -250 | -241 | -228 | -205 |
| Change (%) | -24.11 | 6.86 | -129.37 | -1,223.36 | 137.82 | 8.78 | -18.83 | -13.18 | -46.60 | 9.69 | 81.14 | 34.46 | 15.65 | 19.50 | 10.72 | -6.27 | -3.80 | -5.47 | -10.05 | |
| % of Revenue | -1.54 | -1.66 | -1.18 | 0.33 | -3.71 | -10.84 | -12.30 | -10.47 | -9.79 | -4.42 | -4.55 | -8.35 | -11.33 | -14.09 | -18.09 | -21.05 | -19.22 | -18.08 | -16.57 | -15.28 |
Source: Capital IQ
