TPI COMPOSITES, INC Income Statement

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Financial Statements

In millions of USD; shares in millions, except per-share amounts

	FY2025 12 months to Dec 31, 2025	FY2024 12 months to Dec 31, 2024	FY2023 12 months to Dec 31, 2023	FY2022 12 months to Dec 31, 2022	FY2021 12 months to Dec 31, 2021
Net sales
Cost of sales
Startup and transition costs
Cost of goods sold
Continuing Operations
Total cost of goods sold
Gross profit (loss)
General and administrative expenses
Loss on sale of assets and asset impairments
Continuing Operations
Total loss on sale of assets and asset impairments
Restructuring charges, net
Loss from continuing operations
Other income (expense):
Interest expense, net
Foreign currency loss
Miscellaneous income
Total other expense
Reorganization items, net
Loss from debtor operations before income taxes
Income tax provision
Net loss
Net loss from continuing operations
Preferred stock dividends and accretion
Gain on extinguishment of Series A Preferred Stock
Series A Redeemable Preferred Stock
Total gain on extinguishment of Series A Preferred Stock
Net loss from continuing operations attributable to common stockholders
Net loss from discontinued operations
Net loss attributable to common stockholders
Weighted-average common shares outstanding:
Basic
Diluted
Net loss from continuing operations per common share:
Basic
Diluted
Net loss from discontinued operations per common share:
Basic
Diluted
Net loss per common share:
Basic
Diluted

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