TPI Composites, Inc. (TPICQ) Gross margin 2016–2025
TPI Composites, Inc. (TPICQ) gross margin by fiscal year — reported gross profit divided by reported revenue.
-12.0%FY2025 · since FY2016: 11.3% → -12.0%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | -12.0% | -3.9 pp |
| FY2024 | -8.1% | +4.7 pp |
| FY2023 | -12.8% | -18.9 pp |
| FY2022 | 6.0% | +8.6 pp |
| FY2021 | -2.6% | -1.1 pp |
| FY2020 | -1.4% | -6.8 pp |
| FY2019 | 5.4% | -1.7 pp |
| FY2018 | 7.1% | -4.5 pp |
| FY2017 | 11.6% | +0.3 pp |
| FY2016 | 11.3% | — |
Gross margin = reported gross profit ÷ reported revenue for the same fiscal year.
Source: SEC XBRL filings · For reference only · Not investment advice