Financial insights of TPIC

MyFinsight

For the quarter ending 2025-06-30, TPIC made $276,245K in revenue. -$68,227K in net income. Net profit margin of -24.70%.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Income Statement	2025-06-30	2025-03-31	2024-09-30
Net sales	276,245	336,157	380,762
Cost of sales	296,591	341,739	369,882
Startup and transition costs	8,662	8,370	8,113
Total cost of goods sold	305,253	350,109	377,995
Gross loss	-29,008	-13,952	2,767
Restructuring charges, net	113	372	428
General and administrative expenses	4,551	5,919	4,717
Loss on sale of assets and asset impairments	-5,734	-2,549	-9,196
Loss from continuing operations	-39,406	-22,792	-11,574
Miscellaneous (expense) income	-414	1,464	759
Interest expense, net	24,618	24,204	24,194
Foreign currency (loss) income	-4,817	-2,341	-2,346
Total other expense	-29,849	-25,081	-25,781
Loss from continuing operations before income taxes	-69,255	-47,873	-37,355
Income tax benefit (provision)	-680	418	1,241
Net loss from continuing operations	-68,575	-48,291	-38,596
Net income (loss) from continuing operations available to common shareholders, basic	-	-	-38,596
Net income (loss) from discontinued operations	348	-22	-1,472
Net loss attributable to common stockholders	-68,227	-48,313	-40,068

Basic	-1.4	-1.01	-0.84
Diluted	-1.4	-1.01	-0.84
Weighted average number of shares outstanding, basic, total	48,685,000	47,609,000	47,556,000
Weighted average number of shares outstanding, diluted	48,685,000	47,609,000	47,556,000