TPI Composites FY2025 operating loss widens 33.1% to $(179) million; net sales rise 3.2% to $918 million

Reuters03-26 04:31

TPI Composites FY2025 operating loss widens 33.1% to $(179) million; net sales rise 3.2% to $918 million

TPI Composites published its annual report on Form 10-K for the fiscal year ended Dec. 31, 2025.
Net sales rose 3.2% to USD 918.5 million, driven by a 15% increase in wind blades produced that was partly offset by liquidated damages and lower average sales prices due to product mix.
Net loss from continuing operations widened to USD 324.4 million, while adjusted EBITDA was a loss of USD 112.3 million.
Operating cash flow was a use of USD 126.4 million and free cash flow was a use of USD 140.9 million.
The company said it has filed for Chapter 11 and reported USD 13.9 million of unrestricted cash at year-end, concluding there is substantial doubt about its ability to continue as a going concern.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. TPI Composites Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-124194), on March 25, 2026, and is solely responsible for the information contained therein.

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net sales rise 3.2% to $918 million\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2026-03-26 04:31</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      TPI Composites FY2025 operating loss widens 33.1% to $(179) million; net sales rise 3.2% to $918 million\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<ul>\n<li>\n          TPI Composites published its annual report on Form 10-<a href=\"https://laohu8.com/S/TKKD.SI\">K</a> for the fiscal year ended Dec. 31, 2025.\n        </li>\n<li>\n          Net sales rose 3.2% to USD 918.5 million, driven by a 15% increase in wind blades produced that was partly offset by liquidated damages and lower average sales prices due to product mix.\n        </li>\n<li>\n          Net loss from continuing operations widened to USD 324.4 million, while adjusted EBITDA was a loss of USD 112.3 million.\n        </li>\n<li>\n          Operating cash flow was a use of USD 126.4 million and free cash flow was a use of USD 140.9 million.\n        </li>\n<li>\n          The company said it has filed for Chapter 11 and reported USD 13.9 million of unrestricted cash at year-end, concluding there is substantial doubt about its ability to continue as a going concern.\n        </li>\n</ul>\n<br/>\n<br/>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n<i>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. 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