TPI Composites
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. TPI Composites's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 4% to $1,455,183,000. Profit margin reached -14%. Total operating expenses were $49,133,000.
Profit Margin
| 2014 | 320.74M | -6.64M | -2.07% |
|---|---|---|---|
| 2015 | 585.85M | 7.68M | 1.31% |
| 2016 | 754.87M | 13.84M | 1.83% |
| 2017 | 930.28M | 43.69M | 4.7% |
| 2018 | 1.02B | 5.27M | 0.51% |
| 2019 | 1.43B | -15.70M | -1.09% |
| 2020 | 1.67B | -19.02M | -1.14% |
| 2021 | 1.73B | -159.54M | -9.21% |
| 2022 | 1.52B | -55.55M | -3.65% |
| 2023 | 1.45B | -201.77M | -13.87% |
TPIC Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 1.45B | 1.52B | 1.73B | 1.67B | 1.43B | 1.02B | 930.28M | 754.87M | 585.85M | 320.74M |
Cost of revenue | 1.54B | 1.50B | 1.76B | 1.60B | 1.35B | 956.78M | 817.57M | 677.87M | 544.10M | 306.09M |
Gross profit | -87.54M | 14.64M | -31.58M | 64.09M | 77.84M | 72.84M | 112.70M | 77.00M | 41.74M | 14.65M |
Operating exp. | ||||||||||
Research and development | 1.4M | 1.1M | 1M | 1M | 1M | 0 | 1.6M | 0 | 900K | 800K |
Selling and marketing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total operating expenses | 49.13M | 32.34M | 29.24M | 33.49M | 39.91M | 48.12M | 40.37M | 33.89M | 14.12M | 9.17M |
Operating income | -163.59M | -17.70M | -97.69M | -15.08M | 3.15M | 24.71M | 72.33M | 43.11M | 27.61M | 5.47M |
Other income (expenses), net | -15.29M | -8.23M | -35.09M | 47.93M | 4.25M | -12.23M | -15.56M | -5.00M | -15.96M | -11.2M |
Income before tax | -178.89M | -25.93M | -132.78M | -7.74M | 7.40M | 2.24M | 56.77M | 20.83M | 11.65M | -5.72M |
Income tax expense | 17.56M | 29.61M | 26.76M | 11.28M | 23.11M | -3.03M | 13.08M | 6.99M | 3.97M | 925K |
Net income | -201.77M | -55.55M | -159.54M | -19.02M | -15.70M | 5.27M | 43.69M | 13.84M | 7.68M | -6.64M |
Earnings per share | ||||||||||
Basic EPS | -4.16 | -1.32 | -4.26 | -0.54 | -0.45 | 0.15 | 1.14 | 1.23 | -0.06 | -0.25 |
Diluted EPS | -4.16 | -1.32 | -4.26 | -0.54 | -0.45 | 0.15 | 1.11 | 1.22 | -0.06 | -0.25 |
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