TPICQ · As filed with the SEC
Tpi Composites balance sheet, by quarter
The statement as Tpi Composites presents it in its 10-Q and 10-K: its own lines, labels and order. Tables over time lines up standardized figures across every filing.
CONSOLIDATED BALANCE SHEETS · USD
| USD | Q4 2025 Dec 31, 2025 | Q3 2025 Sep 30, 2025 | Q2 2025 Jun 30, 2025 | Q1 2025 Mar 31, 2025 |
|---|---|---|---|---|
| Assets | ||||
| Current assets: | ||||
| Cash and cash equivalents | 13,899,000 | 29,500,000 | 106,419,000 | 171,859,000 |
| Restricted cash | 10,174,000 | 10,124,000 | 9,798,000 | 9,695,000 |
| Accounts receivable | 51,462,000 | 43,735,000 | 69,053,000 | 109,896,000 |
| Contract assets | 9,630,000 | 50,448,000 | 83,725,000 | 70,705,000 |
| Prepaid expenses | 23,002,000 | 30,212,000 | 17,800,000 | 14,633,000 |
| Other current assets | 18,852,000 | 16,146,000 | 38,704,000 | 25,475,000 |
| Inventories | 27,591,000 | 2,395,000 | 4,099,000 | 2,991,000 |
| Assets held for sale | 0 | 0 | 18,095,000 | 16,842,000 |
| Current assets of discontinued operations | 587,000 | 1,026,000 | 975,000 | 1,622,000 |
| Total current assets | 155,197,000 | 183,586,000 | 348,668,000 | 423,718,000 |
| Property, plant and equipment, net | 68,978,000 | 72,896,000 | 88,974,000 | 91,129,000 |
| Operating lease right of use assets | 82,206,000 | 86,900,000 | 112,728,000 | 116,916,000 |
| Goodwill | 2,807,000 | — | — | — |
| Intangible assets and deferred costs, net | 1,515,000 | — | — | — |
| Other noncurrent assets | 31,735,000 | 37,490,000 | 41,339,000 | 34,697,000 |
| Other noncurrent assets | 0 | 0 | — | — |
| Total assets | 342,438,000 | 380,872,000 | 591,709,000 | 666,460,000 |
| Liabilities and Stockholders' Equity | ||||
| Current liabilities: | ||||
| Debtor-in-possession financing | 23,897,000 | 23,121,000 | — | — |
| Accounts payable and accrued expenses | 151,325,000 | 120,256,000 | 267,185,000 | 265,537,000 |
| Accrued warranty | 14,393,000 | 10,715,000 | 44,812,000 | 46,793,000 |
| Current maturities of long-term debt, net of debt discounts | 432,156,000 | 411,950,000 | 615,878,000 | 110,387,000 |
| Current operating lease liabilities | 18,132,000 | 17,827,000 | 27,347,000 | 26,599,000 |
| Contract liabilities | 0 | 0 | 25,077,000 | 29,609,000 |
| Current liabilities of discontinued operations | 0 | 373,000 | 713,000 | 1,758,000 |
| Total current liabilities | 639,903,000 | 584,242,000 | 981,012,000 | 480,683,000 |
| Long-term debt, net of current maturities | 0 | 0 | 0 | 505,833,000 |
| Noncurrent operating lease liabilities | 49,555,000 | 54,847,000 | 88,502,000 | 93,394,000 |
| Other noncurrent liabilities | 8,695,000 | 6,963,000 | 7,632,000 | 7,244,000 |
| Other noncurrent liabilities of discontinued operations | 0 | 0 | — | — |
| Total liabilities not subject to compromise | 698,153,000 | 646,052,000 | — | — |
| Liabilities subject to compromise | 323,756,000 | 317,651,000 | — | — |
| Total liabilities of debtors | 1,021,909,000 | 963,703,000 | 1,077,146,000 | 1,087,154,000 |
| Stockholders' deficit: | ||||
| Common shares, $0.01 par value, 100,000 shares authorized, 50,381 shares issued and 48,766 shares outstanding at December 31, 2025 and 100,000 shares authorized, 48,683 shares issued and 47,609 shares outstanding at December 31, 2024 | 504,000 | 503,000 | 503,000 | 502,000 |
| Paid-in capital | 440,175,000 | 439,787,000 | 439,756,000 | 439,222,000 |
| Accumulated other comprehensive income (loss) | 10,255,000 | 11,182,000 | (19,554,000) | (22,505,000) |
| Accumulated deficit | (1,117,857,000) | (1,021,756,000) | (893,595,000) | (825,368,000) |
| Treasury stock, at cost, 1,615 shares at December 31, 2025 and 1,074 shares at December 31, 2024 | (12,548,000) | (12,547,000) | (12,547,000) | (12,545,000) |
| Total stockholders' deficit | (679,471,000) | (582,831,000) | (485,437,000) | (420,694,000) |
| Total liabilities and stockholders` deficit of debtors | 342,438,000 | 380,872,000 | 591,709,000 | 666,460,000 |
As filed on EDGAR · Not affiliated with the U.S. SEC · Not investment advice. Each column links to its filing.