← Scroll for more →
Financial Statements — TPICQ
Balance Sheet
(in billions USD)| Metric | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 0.01 | 0.03 | 0.11 | 0.17 | 0.20 | 0.13 | 0.10 | 0.12 | 0.16 | 0.16 | 0.17 | 0.16 | 0.13 | 0.13 | 0.16 | 0.13 | 0.24 | 0.12 | 0.12 | 0.14 |
| Accounts Receivable | 0.05 | 0.04 | 0.07 | 0.11 | 0.13 | 0.15 | 0.15 | 0.13 | 0.14 | 0.14 | 0.16 | 0.18 | 0.18 | 0.18 | 0.19 | 0.19 | 0.16 | 0.18 | 0.15 | 0.13 |
| Inventory | 0.03 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.02 | 0.01 | 0.02 | 0.01 | 0.01 | 0.01 | 0.01 |
| Total Current Assets | 0.16 | 0.18 | 0.35 | 0.42 | 0.45 | 0.47 | 0.42 | 0.44 | 0.50 | 0.56 | 0.64 | 0.69 | 0.65 | 0.61 | 0.62 | 0.62 | 0.66 | 0.60 | 0.56 | 0.54 |
| Property, Plant & Equipment | 0.07 | 0.07 | 0.09 | 0.09 | 0.09 | 0.12 | 0.12 | 0.13 | 0.13 | 0.13 | 0.13 | 0.13 | 0.14 | 0.16 | 0.17 | 0.18 | 0.17 | 0.19 | 0.21 | 0.21 |
| Goodwill | 0.00 | -- | -- | -- | 0.00 | -- | -- | -- | 0.00 | -- | -- | -- | 0.00 | -- | -- | -- | 0.00 | -- | -- | -- |
| Intangible Assets | 0.00 | -- | -- | -- | 0.00 | -- | -- | -- | 0.00 | -- | -- | -- | 0.00 | -- | -- | -- | 0.00 | -- | -- | -- |
| Total Non-current Assets* | 0.19 | 0.20 | 0.24 | 0.24 | 0.25 | 0.29 | 0.29 | 0.30 | 0.30 | 0.29 | 0.30 | 0.31 | 0.32 | 0.34 | 0.36 | 0.38 | 0.35 | 0.36 | 0.38 | 0.42 |
| Total Assets | 0.34 | 0.38 | 0.59 | 0.67 | 0.69 | 0.75 | 0.72 | 0.75 | 0.80 | 0.86 | 0.94 | 0.99 | 0.96 | 0.95 | 0.98 | 1.00 | 1.01 | 0.96 | 0.94 | 0.95 |
| Accounts Payable | 0.15 | 0.12 | 0.27 | 0.27 | 0.24 | 0.29 | 0.25 | 0.22 | 0.23 | 0.25 | 0.27 | 0.28 | 0.28 | 0.31 | 0.31 | 0.32 | 0.34 | 0.35 | 0.31 | 0.29 |
| Total Current Liabilities | 0.64 | 0.58 | 0.98 | 0.48 | 0.47 | 0.49 | 0.42 | 0.37 | 0.39 | 0.39 | 0.42 | 0.40 | 0.46 | 0.41 | 0.43 | 0.43 | 0.47 | 0.66 | 0.44 | 0.42 |
| Long-term Debt | 0.00 | 0.00 | 0.00 | 0.51 | 0.71 | 0.47 | 0.45 | 0.43 | 0.61 | 0.19 | 0.19 | 0.19 | 0.06 | 0.00 | 0.00 | 0.01 | 0.07 | 0.01 | 0.18 | 0.18 |
| Total Non-current Liabilities* | 0.38 | 0.38 | 0.10 | 0.61 | 0.59 | 0.58 | 0.57 | 0.56 | 0.54 | 0.26 | 0.27 | 0.27 | 0.15 | 0.15 | 0.16 | 0.16 | 0.17 | 0.17 | 0.34 | 0.34 |
| Total Liabilities | 1.02 | 0.96 | 1.08 | 1.09 | 1.07 | 1.07 | 0.99 | 0.93 | 0.93 | 0.65 | 0.68 | 0.67 | 0.60 | 0.56 | 0.59 | 0.59 | 0.63 | 0.83 | 0.78 | 0.76 |
| Retained Earnings | (1.12) | (1.02) | (0.89) | (0.83) | (0.78) | (0.73) | (0.69) | (0.60) | (0.54) | (0.48) | (0.42) | (0.36) | (0.33) | (0.29) | (0.29) | (0.29) | (0.27) | (0.18) | (0.15) | (0.11) |
| Total Stockholder Equity | (0.68) | (0.58) | (0.49) | (0.42) | (0.37) | (0.32) | (0.27) | (0.18) | (0.12) | (0.15) | (0.08) | -0.00 | 0.05 | 0.09 | 0.12 | 0.14 | 0.12 | 0.13 | 0.16 | 0.19 |
← Scroll for more columns →
* Derived from reported values
Income Statement
(in millions USD) (except per-share rows)| Metric | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 71.64 | 234.41 | 276.25 | 336.16 | 341.49 | 380.76 | 309.82 | 299.06 | 296.99 | 372.86 | 381.27 | 404.07 | 226.23 | 459.27 | 452.37 | 384.87 | 389.46 | 479.60 | 458.84 | 404.68 |
| Cost of Revenue | 90.88 | 275.69 | 296.59 | 341.74 | 340.71 | 369.88 | 313.56 | 307.08 | 317.11 | 379.22 | 425.27 | 399.38 | 224.60 | 445.78 | 441.10 | 370.95 | 417.67 | 472.19 | 440.42 | 383.06 |
| Gross Profit | (21.10) | (46.54) | (29.01) | (13.95) | (1.09) | 2.77 | (24.42) | (30.25) | (31.70) | (11.18) | (47.37) | 2.71 | 6.38 | 8.67 | 1.22 | (1.63) | (40.05) | (7.13) | 8.33 | 7.27 |
| Selling, General & Admin | 10.92 | 7.04 | 4.55 | 5.92 | 6.91 | 4.72 | 9.21 | 6.70 | 6.62 | 28.71 | 6.77 | 7.03 | 9.77 | 8.03 | 6.69 | 7.86 | 5.43 | 8.19 | 6.71 | 8.92 |
| Total Operating Expenses | 15.72 | 33.82 | 10.40 | 8.84 | 20.07 | 14.34 | 12.59 | 8.71 | 14.78 | 35.73 | 14.83 | 10.70 | 10.47 | 31.99 | 9.26 | 11.21 | 28.43 | 16.86 | 10.36 | 10.48 |
| Operating Income | (36.82) | (80.35) | (39.41) | (22.79) | (21.16) | (11.57) | (37.01) | (38.96) | (46.48) | (46.91) | (62.21) | (8.00) | (4.09) | (2.84) | (8.04) | (12.84) | (68.47) | (23.99) | (2.03) | (3.21) |
| Interest Expense | -- | -- | -- | -- | -- | -- | 22.43 | 21.39 | 6.08 | 1.63 | 1.88 | 2.53 | 2.20 | 1.15 | 0.91 | 0.77 | 5.57 | 2.66 | 2.69 | 2.70 |
| Pretax Income | (88.37) | (115.12) | (69.25) | (47.87) | (42.62) | (37.35) | (59.08) | (58.51) | (54.01) | (48.72) | (64.87) | (11.29) | (22.97) | 8.64 | 1.24 | (12.86) | (90.55) | (22.43) | (10.91) | (8.90) |
| Tax Provision | 2.88 | 1.11 | (0.68) | 0.42 | 5.61 | 1.24 | 2.41 | 3.29 | 5.36 | 8.04 | 0.31 | 3.86 | 9.80 | 10.11 | 6.75 | 2.94 | (3.28) | 8.25 | 28.89 | (7.10) |
| Net Income | (96.10) | (128.16) | (68.23) | (48.31) | (48.08) | (40.07) | (91.09) | (61.47) | (57.60) | (56.81) | (65.24) | (22.13) | (42.53) | (1.47) | (5.51) | (15.80) | (87.28) | (30.68) | (39.80) | (1.80) |
| Basic EPS | (1.98) | (2.63) | (1.40) | (1.01) | (1.01) | (0.84) | (1.92) | (1.30) | 0.33 | (1.71) | (1.90) | (0.88) | (1.38) | (0.39) | (0.48) | (0.71) | (2.47) | (0.83) | (1.08) | (0.05) |
| Diluted EPS | (1.98) | (2.63) | (1.40) | (1.01) | (1.01) | (0.84) | (1.92) | (1.30) | 0.33 | (1.71) | (1.90) | (0.88) | (1.38) | (0.39) | (0.48) | (0.71) | (2.47) | (0.83) | (1.08) | (0.05) |
← Scroll for more columns →
Cash Flow Statement
(in millions USD)| Metric | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | (11.58) | (93.26) | (26.19) | 4.63 | 87.34 | 1.07 | (36.90) | (39.00) | 4.94 | (11.65) | 9.61 | (83.86) | 22.82 | (25.93) | 21.89 | (81.05) | 2.72 | (24.99) | (9.99) | 6.74 |
| Capital Expenditures | 1.26 | 3.06 | 3.70 | 6.51 | 4.12 | 6.67 | 7.12 | 8.29 | 20.29 | 9.15 | 3.42 | 3.28 | 7.34 | 3.48 | 2.49 | 5.52 | 6.98 | 3.08 | 8.27 | 18.79 |
| Free Cash Flow* | (12.84) | (96.31) | (29.90) | (1.89) | 83.22 | (5.61) | (44.02) | (47.29) | (15.35) | (20.81) | 6.19 | (87.14) | 15.48 | (29.42) | 19.40 | (86.57) | (4.26) | (28.06) | (18.27) | (12.05) |
| Investing Cash Flow | (1.26) | (4.37) | (3.70) | (6.51) | (4.12) | (6.67) | (7.12) | (8.28) | (20.29) | 3.68 | (3.42) | (3.27) | (7.34) | (3.48) | (2.49) | (5.52) | (6.98) | (3.08) | (8.27) | (18.79) |
| Financing Cash Flow | (2.96) | 14.69 | (34.45) | (21.73) | (9.81) | 31.37 | 25.53 | 3.88 | 12.97 | 0.92 | 0.36 | 107.75 | (1.73) | (0.14) | 10.55 | (23.28) | 150.64 | 24.58 | 5.23 | 18.47 |
← Scroll for more columns →
* Derived from reported values