---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-22-001323"
form_type: "8-K"
ticker: "TPICQ"
cik: "0001455684"
company_name: "TPI COMPOSITES, INC"
filed_at: "2022-02-24T23:59:59+00:00"
generated_at: "2026-06-27T04:44:17.900222+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# TPI Composites Q4 2021 net loss $93.3M, adj. EBITDA -$28.3M; full-year loss $165.6M

## Summary
- Q4 net sales $389.5M, down 16.3% YoY; wind blade sales fell 18.7% to $362.3M.
- Q4 net loss $93.3M ($2.39 diluted loss per share) vs. net income $5.2M a year ago.
- Adjusted EBITDA for Q4 was -$28.3M (‑7.3% margin), down from $40.8M (8.8%) in 2020.
- Full-year 2021 net sales record $1.73B (+3.7%), but net loss $165.6M; adj. EBITDA $2.4M.
- 2022 guidance: 43 dedicated lines, utilization 80–85%, avg. blade price $170–180k, capex $25–30M.

## SEC filing metadata
- accession: 0001171843-22-001323
- form_type: 8-K
- ticker: TPICQ
- cik: 0001455684
- company_name: TPI COMPOSITES, INC
- filed_at: 2022-02-24T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1455684/000117184322001323/0001171843-22-001323-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1455684/000117184322001323/f8k_022422.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-22-001323
- JSON: https://secwatch.observer/filing/0001171843-22-001323.json
- Plain text: https://secwatch.observer/filing/0001171843-22-001323.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.