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Tpi Composites, Inc. (TPICQ) Stock Fundamental Analysis & AI Rating 2026

TPICQ OTC Engines & Turbines CIK: 0001455684
Recently Updated • Analysis: Apr 17, 2026 • SEC Data: 2025-12-31
STRONG SELL
97% Conf
Pending
Analysis scheduled

📊 TPICQ Key Takeaways

Revenue: $918.5M
Net Margin: -37.1%
Free Cash Flow: $-140.9M
Current Ratio: 0.24x
Debt/Equity: N/A
EPS: $-7.02
AI Rating: STRONG SELL with 97% confidence
Tpi Composites, Inc. (TPICQ) receives a STRONG SELL rating with 97% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $918.5M, net profit margin of -37.1%, Tpi Composites, Inc. demonstrates mixed fundamentals in the Market sector. Below is our complete TPICQ stock analysis for 2026.

Is Tpi Composites, Inc. (TPICQ) a Good Investment?

Claude

TPI Composites faces critical financial insolvency with negative shareholders equity of -$679.5M and liabilities exceeding total assets by $657.6M. The core business model is fundamentally broken, with negative gross margins (-12.0%) indicating products are sold below cost, combined with severe negative cash burn (-$126.4M operating cash flow) and acute liquidity crisis (0.24x current ratio with only $13.9M cash).

Why Buy Tpi Composites, Inc. Stock? TPICQ Key Strengths

Claude
  • + Positive revenue growth of 3.2% YoY demonstrates retained market demand and customer base
  • + Established market presence with $918.5M annual revenue in composite materials sector
  • + Tangible asset base of $342.4M provides liquidation value for creditors in restructuring scenario

TPICQ Stock Risks: Tpi Composites, Inc. Investment Risks

Claude
  • ! Negative shareholders equity of -$679.5M indicates balance sheet insolvency and technical bankruptcy
  • ! Critically low liquidity (current ratio 0.24x) with only $13.9M cash and -$126.4M operating cash flow means runway of ~6 weeks at current burn rate
  • ! Negative gross margins (-12.0%) prove the fundamental business model is unprofitable at all revenue levels
  • ! Negative interest coverage (-4.1x) with $640.0M debt load creates imminent default risk
  • ! Free cash flow of -$140.9M confirms company cannot fund operations or debt service without external capital infusion

Key Metrics to Watch

Claude
  • * Gross margin recovery trajectory and path to positive gross profit
  • * Monthly cash burn rate and remaining days of liquidity before insolvency
  • * Debt covenant compliance status, refinancing negotiations, and restructuring announcement timing

Tpi Composites, Inc. (TPICQ) Financial Metrics & Key Ratios

Revenue
$918.5M
Net Income
$-340.8M
EPS (Diluted)
$-7.02
Free Cash Flow
$-140.9M
Total Assets
$342.4M
Cash Position
$13.9M

💡 AI Analyst Insight

The current ratio below 1.0x warrants monitoring of short-term liquidity.

TPICQ Profit Margin, ROE & Profitability Analysis

Gross Margin -12.0%
Operating Margin -19.5%
Net Margin -37.1%
ROE N/A
ROA -99.5%
FCF Margin -15.3%

TPICQ vs Market Sector: How Tpi Composites, Inc. Compares

How Tpi Composites, Inc. compares to Market sector averages

Net Margin
TPICQ -37.1%
vs
Sector Avg 12.0%
TPICQ Sector
ROE
TPICQ 0.0%
vs
Sector Avg 15.0%
TPICQ Sector
Current Ratio
TPICQ 0.2x
vs
Sector Avg 1.8x
TPICQ Sector
Debt/Equity
TPICQ 0.0x
vs
Sector Avg 0.7x
TPICQ Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Tpi Composites, Inc. Stock Overvalued? TPICQ Valuation Analysis 2026

Based on fundamental analysis, Tpi Composites, Inc. has mixed fundamental signals relative to the Market sector in 2026.

Return on Equity
N/A
Sector avg: 15%
Net Profit Margin
-37.1%
Sector avg: 12%
Revenue Growth
N/A
Year-over-year
Debt/Equity
N/A
Sector avg: 0.7x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Tpi Composites, Inc. Balance Sheet: TPICQ Debt, Cash & Liquidity

Current Ratio
0.24x
Quick Ratio
0.20x
Debt/Equity
N/A
Debt/Assets
298.4%
Interest Coverage
-4.09x
Long-term Debt
$640.0M

TPICQ Revenue & Earnings Growth: 5-Year Financial Trend

TPICQ 5-year financial data: Year 2021: Revenue $1.7B, Net Income -$15.7M, EPS $-0.45. Year 2022: Revenue $1.5B, Net Income -$19.0M, EPS $-0.54. Year 2023: Revenue $1.5B, Net Income -$159.5M, EPS $-4.43. Year 2024: Revenue $1.5B, Net Income -$65.3M, EPS $-2.96. Year 2025: Revenue $918.5M, Net Income -$201.8M, EPS $-4.16.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Tpi Composites, Inc.'s revenue has declined by 47% over the 5-year period, indicating business contraction. The most recent EPS of $-4.16 indicates the company is currently unprofitable.

TPICQ Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
-15.3%
Free cash flow / Revenue

TPICQ Quarterly Earnings & Performance

Quarterly financial performance data for Tpi Composites, Inc. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2025 $234.4M -$40.1M $-0.84
Q2 2025 $276.2M -$48.3M $-1.40
Q1 2025 $294.0M -$48.3M $-1.01
Q3 2024 $370.2M -$22.1M $-0.84
Q2 2024 $309.8M -$22.1M $-1.90
Q1 2024 $299.1M -$22.1M $-0.88
Q3 2023 $372.9M -$1.5M $-0.39
Q2 2023 $381.3M -$5.5M $-0.48

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Tpi Composites, Inc. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
-$126.4M
Cash generated from operations
Stock Buybacks
$696.0K
Shares repurchased (TTM)
Capital Expenditures
$14.5M
Investment in assets
Dividends
None
No dividend program

TPICQ SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Tpi Composites, Inc. (CIK: 0001455684)

📋 Recent SEC Filings

Date Form Document Action
Mar 25, 2026 10-K tpicq-20251231.htm View →
Mar 9, 2026 8-K d86867d8k.htm View →
Mar 5, 2026 8-K d102631d8k.htm View →
Dec 2, 2025 4 xslF345X05/ownership.xml View →
Nov 10, 2025 10-Q tpicq-20250930.htm View →

Frequently Asked Questions about TPICQ

What is the AI rating for TPICQ?

Tpi Composites, Inc. (TPICQ) has an AI rating of STRONG SELL with 97% confidence, based on fundamental analysis of SEC EDGAR filings.

What are TPICQ's key strengths?

Claude: Positive revenue growth of 3.2% YoY demonstrates retained market demand and customer base. Established market presence with $918.5M annual revenue in composite materials sector.

What are the risks of investing in TPICQ?

Claude: Negative shareholders equity of -$679.5M indicates balance sheet insolvency and technical bankruptcy. Critically low liquidity (current ratio 0.24x) with only $13.9M cash and -$126.4M operating cash flow means runway of ~6 weeks at current burn rate.

What is TPICQ's revenue and growth?

Tpi Composites, Inc. reported revenue of $918.5M.

Does TPICQ pay dividends?

Tpi Composites, Inc. does not currently pay dividends.

Where can I find TPICQ SEC filings?

Official SEC filings for Tpi Composites, Inc. (CIK: 0001455684) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is TPICQ's EPS?

Tpi Composites, Inc. has a diluted EPS of $-7.02.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is TPICQ a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, Tpi Composites, Inc. has a STRONG SELL rating with 97% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.

Is TPICQ stock overvalued or undervalued?

Valuation metrics for TPICQ: ROE of N/A (sector avg: 15%), net margin of -37.1% (sector avg: 12%). Compare these metrics with sector averages to assess valuation.

Should I buy TPICQ stock in 2026?

Our dual AI analysis gives Tpi Composites, Inc. a combined STRONG SELL rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is TPICQ's free cash flow?

Tpi Composites, Inc.'s operating cash flow is $-126.4M, with capital expenditures of $14.5M. FCF margin is -15.3%.

How does TPICQ compare to other Market stocks?

Vs Default sector averages: Net margin -37.1% (avg: 12%), ROE N/A (avg: 15%), current ratio 0.24 (avg: 1.8).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Apr 17, 2026 | Data as of: 2025-12-31 | Powered by Claude AI