---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-25-000975"
form_type: "8-K"
ticker: "TPICQ"
cik: "0001455684"
company_name: "TPI COMPOSITES, INC"
filed_at: "2025-02-20T23:59:59+00:00"
generated_at: "2026-05-26T08:29:19.496931+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# TPI Composites Q4 net sales $346.5M (+17.7%), Adj EBITDA $1.2M positive, FY25 guidance $1.4-1.5B revenue

## Summary
- Q4 net sales $346.5M (+17.7%); net loss $49.1M (vs $14.6M net income in Q4 2023, impacted by $82.6M gain on extinguishment).
- Q4 adjusted EBITDA $1.2M (vs -$24.5M); free cash flow $83.2M; utilization 91%.
- FY2024 net sales $1,331.1M (-7.1%); adj EBITDA loss $38.7M (improved from -$44.9M); net loss $210.1M.
- 2025 guidance: net sales $1.4-1.5B, adj EBITDA margin 2-4%, utilization ~85%, capex $25-30M.
- Extended Vestas and GE Vernova supply agreements through 2025; ramping Mexico 24/7; Iowa plant reopening mid-2025.

## SEC filing metadata
- accession: 0001171843-25-000975
- form_type: 8-K
- ticker: TPICQ
- cik: 0001455684
- company_name: TPI COMPOSITES, INC
- filed_at: 2025-02-20T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1455684/000117184325000975/0001171843-25-000975-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1455684/000117184325000975/f8k_022025.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-25-000975
- JSON: https://secwatch.observer/filing/0001171843-25-000975.json
- Plain text: https://secwatch.observer/filing/0001171843-25-000975.txt

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