STOCK TITAN

Tpi Composites Stock Price, News & Analysis

TPICQ OTC Link

Company Description

TPI Composites, Inc. (trading under the symbol TPICQ) is a company whose common stock has been listed on the OTC Pink market, as indicated in its Form 8-K filing referencing its common stock with a par value of $0.01 and the trading symbol TPICQ on OTC Pink. According to SEC filings, the company has had its common stock removed from listing and/or registration on The Nasdaq Stock Market LLC through a Form 25 (Notification of Removal from Listing and/or Registration Under Section 12(b) of the Securities Exchange Act of 1934) filed by Nasdaq Stock Market LLC. This means that the company’s common stock is no longer listed on Nasdaq and instead is referenced in filings as trading on OTC Pink.

The SEC documents identify the issuer as TPI Composites, Inc. and describe its class of securities as common stock. The filings also show that the company has conducted significant corporate transactions involving the sale and transfer of ownership interests in subsidiaries that operated wind blade manufacturing facilities and a field service inspection and repair business in Izmir, Türkiye. These subsidiaries, referred to collectively as TPI Türkiye, comprised the majority of the company’s EMEA segment, according to the Form 8-K disclosure. The transaction included the transfer of assets and operations of two wind blade manufacturing facilities and a field service inspection and repair business, along with the assumption of the entire liabilities and debt position of TPI Türkiye by the purchaser.

Based on the Form 8-K description of the transaction, TPI Composites, Inc. has been involved in the manufacture of wind blades and related field service activities through its subsidiaries in Türkiye. The facilities and operations in Izmir, Türkiye, along with a workforce of approximately 2,700 Turkish employees employed by the subsidiaries sold, indicate that the company historically operated in the wind blade manufacturing and services space, at least within its EMEA segment.

The company’s principal executive offices are identified in SEC filings as being located in Scottsdale, Arizona. In the Form 8-K and Form 25 filings, TPI Composites, Inc. provides a Scottsdale, Arizona location for its principal executive offices, confirming that the company is based in the United States with executive operations in Arizona. The filings also show that the company has used a corporate structure involving direct and indirect subsidiaries, including TPI Holdings Switzerland GmbH as a seller entity in the transaction with XCS Composites L.L.C-FZ.

From a corporate events perspective, TPI Composites, Inc. has reported material events on Form 8-K, including the completion of the acquisition or disposition of assets related to TPI Türkiye and the resignation of a member of its board of directors. In an 8-K filing, the company disclosed that a director, James A. Hughes, resigned from the board of directors and that there were no disagreements between the company and the director relating to the company’s operations, policies, or practices that resulted in his decision to step down.

The Form 8-K discussing the TPI Türkiye transaction notes that the sale and transfer of the subsidiaries’ ownership interests followed the satisfactory completion of closing conditions, including approval by the U.S. Bankruptcy Court for the Southern District of Texas. The filing also references unaudited pro forma condensed consolidated financial statements of the company, prepared to give effect to the transaction for specified historical periods, and filed as an exhibit to the Form 8-K. These disclosures indicate that the transaction was significant enough to require pro forma financial information under SEC rules.

For investors researching TPICQ stock, the available SEC filings highlight several key aspects of TPI Composites, Inc.: its transition from a Nasdaq-listed security to trading on OTC Pink, its involvement in wind blade manufacturing and related services through subsidiaries in Türkiye, its use of a multinational subsidiary structure, and its reporting of board-level changes and major asset transactions via Form 8-K. While detailed segment breakdowns and broader business descriptions are not provided in the excerpts here, the filings confirm that TPI Türkiye represented the majority of the company’s EMEA segment and that the company has undertaken significant restructuring of those operations.

Trading status and listing history

According to Form 25 filings submitted by Nasdaq Stock Market LLC, TPI Composites, Inc.’s common stock was removed from listing and/or registration on Nasdaq under Section 12(b) of the Securities Exchange Act of 1934. The Form 25 identifies the issuer as TPI Composites, Inc., the exchange as Nasdaq Stock Market LLC, and the class of securities as common stock. The filing notes that Nasdaq complied with its rules to strike the class of securities from listing and/or withdraw registration on the exchange. Subsequent Form 8-K disclosures identify the company’s common stock as trading on OTC Pink under the symbol TPICQ.

Operations and asset transactions

In a Form 8-K filed under Item 2.01 (Completion of Acquisition or Disposition of Assets), TPI Composites, Inc. describes a transaction in which TPI Holdings Switzerland GmbH, a subsidiary of the company, consummated the sale and transfer of its ownership interests in two subsidiaries in Türkiye to XCS Composites L.L.C-FZ. These subsidiaries operated two wind blade manufacturing facilities and a field service inspection and repair business in Izmir, Türkiye. The transaction was completed on an “as-is” basis and included the assumption of the entire liabilities and debt position of TPI Türkiye by the purchaser, following approval by the U.S. Bankruptcy Court for the Southern District of Texas.

The Form 8-K states that TPI Türkiye comprised the majority of the company’s EMEA segment and that approximately 2,700 Turkish employees were employed by the subsidiaries that were sold and transferred as part of the transaction. The company also filed unaudited pro forma condensed consolidated financial statements as an exhibit to the Form 8-K, giving effect to the transaction for specified historical periods.

Corporate governance disclosures

Another Form 8-K filed by TPI Composites, Inc. reports the resignation of a member of its board of directors. The filing states that on November 3, 2025, James A. Hughes resigned from the company’s board of directors and that there were no disagreements between the company and Mr. Hughes relating to the company’s operations, policies, or practices that resulted in his decision to step down. This type of disclosure provides insight into changes in the company’s governance structure and complies with SEC requirements for reporting departures of directors or certain officers.

Use of SEC filings for research

For those analyzing TPI Composites, Inc. and TPICQ, the SEC filings referenced here offer primary information about the company’s trading status, major asset transactions, segment composition related to TPI Türkiye, and board-level changes. The filings also identify the company’s principal executive offices in Scottsdale, Arizona, and confirm that its common stock is classified as common stock with a par value of $0.01. Investors and researchers can use these documents to understand historical corporate actions, structural changes, and the regulatory context in which the company operates.

Stock Performance

$0.0080
-8.05%
0.00
Last updated: March 27, 2026 at 13:03
-80.67%
Performance 1 year
$414.5K

Tpi Composites (TPICQ) stock last traded at $0.0087, down 8.05% from the previous close. Over the past 12 months, the stock has lost 80.7%. At a market capitalization of $414.5K, TPICQ is classified as a micro-cap stock with approximately 48.8M shares outstanding.

Latest News

No recent news available for TPICQ.

SEC Filings

Tpi Composites has filed 5 recent SEC filings, including 2 Form EFFECT, 1 Form 15-12G, 1 Form 10-K, 1 Form POS AM. The most recent filing was submitted on March 26, 2026. SEC filings provide transparency into a company's financial condition, material events, and regulatory compliance. View all TPICQ SEC filings →

Financial Highlights

$918.5M
Revenue (TTM)
-$201.8M
Net Income (TTM)
-$126.4M
Operating Cash Flow

Tpi Composites generated $918.5M in revenue over the trailing twelve months, retaining a -12.0% gross margin, operating income reached -$179.4M (-19.5% operating margin), and net income was -$201.8M, reflecting a -22.0% net profit margin. Diluted earnings per share stood at $-7.02. The company generated -$126.4M in operating cash flow. With a current ratio of 0.24, short-term liquidity bears monitoring.

Upcoming Events

Short Interest History

Last 12 Months

Short interest in Tpi Composites (TPICQ) currently stands at 2.0 million shares, down 2.9% from the previous reporting period, representing 5.8% of the float. Over the past 12 months, short interest has decreased by 44.9%. The 7.3 days to cover indicates moderate liquidity for short covering.

Days to Cover History

Last 12 Months

Days to cover for Tpi Composites (TPICQ) currently stands at 7.3 days, down 24.2% from the previous period. This moderate days-to-cover ratio suggests reasonable liquidity for short covering, requiring about a week of average trading volume. The days to cover has increased 631% over the past year, indicating improving liquidity conditions. The ratio has shown significant volatility over the period, ranging from 1.0 to 9.6 days.

TPICQ Company Profile & Sector Positioning

Tpi Composites (TPICQ) operates in the Specialty Industrial Machinery industry within the broader Industrials sector and is listed on the OTC Link.

Frequently Asked Questions

What is the current stock price of Tpi Composites (TPICQ)?

The current stock price of Tpi Composites (TPICQ) is $0.0087 as of September 18, 2025.

What is the market cap of Tpi Composites (TPICQ)?

The market cap of Tpi Composites (TPICQ) is approximately 414.5K. Learn more about what market capitalization means .

What is the revenue (TTM) of Tpi Composites (TPICQ) stock?

The trailing twelve months (TTM) revenue of Tpi Composites (TPICQ) is $918.5M.

What is the net income of Tpi Composites (TPICQ)?

The trailing twelve months (TTM) net income of Tpi Composites (TPICQ) is -$201.8M.

What is the earnings per share (EPS) of Tpi Composites (TPICQ)?

The diluted earnings per share (EPS) of Tpi Composites (TPICQ) is $-7.02 on a trailing twelve months (TTM) basis. Learn more about EPS .

What is the operating cash flow of Tpi Composites (TPICQ)?

The operating cash flow of Tpi Composites (TPICQ) is -$126.4M. Learn about cash flow.

What is the profit margin of Tpi Composites (TPICQ)?

The net profit margin of Tpi Composites (TPICQ) is -22.0%. Learn about profit margins.

What is the operating margin of Tpi Composites (TPICQ)?

The operating profit margin of Tpi Composites (TPICQ) is -19.5%. Learn about operating margins.

What is the gross margin of Tpi Composites (TPICQ)?

The gross profit margin of Tpi Composites (TPICQ) is -12.0%. Learn about gross margins.

What is the current ratio of Tpi Composites (TPICQ)?

The current ratio of Tpi Composites (TPICQ) is 0.24, indicating the company's ability to pay short-term obligations. Learn about liquidity ratios.

What is the gross profit of Tpi Composites (TPICQ)?

The gross profit of Tpi Composites (TPICQ) is -$110.6M on a trailing twelve months (TTM) basis.

What is the operating income of Tpi Composites (TPICQ)?

The operating income of Tpi Composites (TPICQ) is -$179.4M. Learn about operating income.

What is TPI Composites, Inc. (TPICQ)?

TPI Composites, Inc. is an issuer whose class of securities is common stock with a par value of $0.01. SEC filings identify the company as TPI Composites, Inc., with principal executive offices in Scottsdale, Arizona, and its common stock referenced as trading on OTC Pink under the symbol TPICQ.

Where does TPI Composites, Inc. common stock trade?

According to a Form 8-K, TPI Composites, Inc.’s common stock, with a par value of $0.01, is identified with the trading symbol TPICQ on OTC Pink. A separate Form 25 filed by Nasdaq Stock Market LLC indicates that the company’s common stock was removed from listing and/or registration on The Nasdaq Stock Market LLC under Section 12(b) of the Securities Exchange Act of 1934.

What did the Form 25 filing say about TPI Composites, Inc.?

The Form 25 (Notification of Removal from Listing and/or Registration Under Section 12(b) of the Securities Exchange Act of 1934) identifies TPI Composites, Inc. as the issuer and Nasdaq Stock Market LLC as the exchange. It states that Nasdaq complied with its rules to strike the company’s common stock from listing and/or withdraw registration on the exchange.

What is TPI Türkiye in relation to TPI Composites, Inc.?

In a Form 8-K, TPI Composites, Inc. describes TPI Türkiye as consisting of two subsidiaries, TPI Kompozit Kanat Sanayi ve Ticaret Anonim Şirketi and TPI Kompozit Kanat 2 Üretim Sanayi ve Ticaret Limited Şirketi. These subsidiaries operated two wind blade manufacturing facilities and a field service inspection and repair business in Izmir, Türkiye and comprised the majority of the company’s EMEA segment.

What transaction involving TPI Türkiye did TPI Composites, Inc. report?

TPI Composites, Inc. reported in a Form 8-K that TPI Holdings Switzerland GmbH, a subsidiary of the company, consummated the sale and transfer of its ownership interests in the TPI Türkiye subsidiaries to XCS Composites L.L.C-FZ. The transaction involved the sale and transfer of the assets and operations of two wind blade manufacturing facilities and a field service inspection and repair business in Izmir, Türkiye, on an “as-is” basis, including the assumption of the entire liabilities and debt position of TPI Türkiye by the purchaser.

How significant was TPI Türkiye to TPI Composites, Inc.?

The Form 8-K states that TPI Türkiye comprised the majority of TPI Composites, Inc.’s EMEA segment. It also notes that approximately 2,700 Turkish employees were employed by the subsidiaries that were sold and transferred as part of the transaction.

What pro forma financial information did TPI Composites, Inc. provide?

In connection with the TPI Türkiye transaction, TPI Composites, Inc. filed unaudited pro forma condensed consolidated financial statements as an exhibit to a Form 8-K. These statements were prepared as of and for specified historical periods to give effect to the transaction, in accordance with SEC requirements.

What board change did TPI Composites, Inc. disclose?

In a Form 8-K filed under Item 5.02, TPI Composites, Inc. disclosed that on November 3, 2025, James A. Hughes resigned from the company’s board of directors. The filing states that there were no disagreements between the company and Mr. Hughes relating to the company’s operations, policies, or practices that resulted in his decision to step down.

Where are TPI Composites, Inc.’s principal executive offices located?

SEC filings, including Form 8-K, identify the principal executive offices of TPI Composites, Inc. as being located in Scottsdale, Arizona. The filings provide a Scottsdale, Arizona address for the company’s principal executive offices.

What type of facilities did TPI Türkiye operate?

According to a Form 8-K, TPI Türkiye operated two wind blade manufacturing facilities and a field service inspection and repair business in Izmir, Türkiye. These operations were included in the assets and operations sold and transferred to XCS Composites L.L.C-FZ as part of the reported transaction.