TGLS · Tecnoglass Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $249.01M | - | $260.48M | $255.55M | $222.29M | - | $238.33M | $219.65M | $192.63M | - |
| Cost of Revenue | $153.18M | - | $149.16M | $141.21M | $124.76M | - | $129.09M | $130.08M | $117.97M | - |
| Gross Profit | $95.83M | - | $111.32M | $114.33M | $97.53M | - | $109.23M | $89.58M | $74.66M | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $27.99M | - | $21.32M | $23.41M | $18.86M | - | $18.35M | $18.44M | $16.05M | - |
| Total Operating Expenses | $50.89M | - | $47.30M | $53.13M | $42.47M | - | $41.54M | $38.44M | $33.64M | - |
| D&A | $10.68M | - | - | - | $7.34M | - | - | - | $6.31M | - |
| Operating Income | $44.94M | - | $65.38M | $61.20M | $59.33M | - | $67.69M | $51.13M | $41.02M | - |
| Interest Expense | ($2.53M) | - | ($1.93M) | - | - | - | - | - | - | - |
| Income Tax | $11.90M | - | $20.80M | $18.15M | $17.66M | - | $19.98M | $12.49M | $11.16M | - |
| Net Income | $31.89M | - | $47.19M | $44.08M | $42.19M | - | $49.53M | $35.03M | $29.73M | - |
| EPS - Basic | $0.71 | - | $1.01 | $0.94 | $0.90 | - | $1.05 | $0.75 | $0.63 | - |
| EPS - Diluted | $0.71 | - | $1.01 | $0.94 | $0.90 | - | $1.05 | $0.75 | $0.63 | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $91.12M | $100.90M | $123.99M | $137.91M | $157.30M | $134.88M | $122.09M | $126.81M | $135.88M | $129.51M |
| Accounts Receivable | $264.38M | $239.45M | $242.66M | $227.59M | $224.64M | $202.91M | $208.98M | $178.79M | $170.59M | $166.50M |
| Inventory | $253.28M | $213.52M | $194.40M | $176.52M | $155.82M | $139.64M | $142.94M | $132.50M | $144.21M | $159.07M |
| Accounts Payable | - | - | - | - | - | - | - | - | - | - |
| Current Assets | $720.06M | $653.56M | $658.45M | $639.40M | $636.76M | $560.01M | $546.84M | $516.66M | $549.64M | $535.76M |
| Total Assets | $1.36B | $1.26B | $1.23B | $1.18B | $1.14B | $1.02B | $996.27M | $942.49M | $981.57M | $962.72M |
| Current Liabilities | $406.40M | $351.75M | $332.62M | $320.48M | $329.08M | $265.83M | $247.32M | $212.94M | $235.66M | $235.89M |
| Long-term Debt | $194.39M | $171.20M | $111.19M | $108.64M | $108.41M | $108.22M | $122.84M | $140.06M | $154.57M | $163.00M |
| Total Liabilities | $625.22M | $547.34M | $464.11M | $445.21M | $453.15M | $385.46M | $382.97M | $367.65M | $407.92M | $414.70M |
| Stockholders' Equity | $735.23M | $713.05M | $763.97M | $574.84M | $685.14M | $631.18M | $613.31M | $574.84M | $573.65M | $548.02M |
| Retained Earnings | $695.80M | $670.56M | $651.16M | $610.96M | $573.93M | $538.79M | $498.82M | $454.46M | $424.60M | $400.04M |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $6.71M | - | - | - | $46.90M | - | - | - | $33.45M | - |
| Investing Cash Flow | ($17.86M) | - | - | - | ($18.19M) | - | - | - | ($10.19M) | - |
| Financing Cash Flow | $851.0K | - | - | - | ($7.44M) | - | - | - | ($16.69M) | - |
| CapEx | $17.26M | - | - | - | $30.42M | - | - | - | $9.89M | - |
| Free Cash Flow | ($10.55M) | - | - | - | $16.47M | - | - | - | $23.56M | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 38.5% | - | 42.7% | 44.7% | 43.9% | - | 45.8% | 40.8% | 38.8% | - |
| Operating margin | 18.0% | - | 25.1% | 24.0% | 26.7% | - | 28.4% | 23.3% | 21.3% | - |
| EBITDA margin | 22.3% | - | - | - | 30.0% | - | - | - | 24.6% | - |
| Net margin | 12.8% | - | 18.1% | 17.3% | 19.0% | - | 20.8% | 15.9% | 15.4% | - |
| Free cash flow margin | -4.2% | - | - | - | 7.4% | - | - | - | 12.2% | - |
| FCF / Net income | -0.33 | - | - | - | 0.39 | - | - | - | 0.79 | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 11.2% | - | 8.2% | 9.2% | 8.5% | - | 7.7% | 8.4% | 8.3% | - |
| Effective tax rate | 27.2% | - | 30.6% | 29.2% | 29.5% | - | 28.7% | 26.3% | 27.3% | - |
| Return on assets | 2.3% | - | 3.8% | 3.7% | 3.7% | - | 5.0% | 3.7% | 3.0% | - |
| Return on equity | 4.3% | - | 6.2% | 7.7% | 6.2% | - | 8.1% | 6.1% | 5.2% | - |
| Return on invested capital | 3.5% | - | 5.2% | 6.3% | 5.3% | - | 6.6% | 5.3% | 4.1% | - |
| Liquidity | ||||||||||
| Current ratio | 1.77 | 1.86 | 1.98 | 2.00 | 1.93 | 2.11 | 2.21 | 2.43 | 2.33 | 2.27 |
| Quick ratio | 1.15 | 1.25 | 1.40 | 1.44 | 1.46 | 1.58 | 1.63 | 1.80 | 1.72 | 1.60 |
| Cash ratio | 0.22 | 0.29 | 0.37 | 0.43 | 0.48 | 0.51 | 0.49 | 0.60 | 0.58 | 0.55 |
| Leverage | ||||||||||
| Debt / Equity | 0.26 | 0.24 | 0.15 | 0.19 | 0.16 | 0.17 | 0.20 | 0.24 | 0.27 | 0.30 |
| Debt / Assets | 0.14 | 0.14 | 0.09 | 0.09 | 0.10 | 0.11 | 0.12 | 0.15 | 0.16 | 0.17 |
| Debt / EBITDA | 3.49 | - | - | - | 1.63 | - | - | - | 3.27 | - |
| Interest coverage | -17.8x | - | -33.8x | - | - | - | - | - | - | - |
| Equity multiplier | 1.85 | 1.77 | 1.61 | 2.05 | 1.66 | 1.61 | 1.62 | 1.64 | 1.71 | 1.76 |
| Liabilities / Assets | 0.46 | 0.43 | 0.38 | 0.38 | 0.40 | 0.38 | 0.38 | 0.39 | 0.42 | 0.43 |
| Efficiency | ||||||||||
| Asset turnover | 0.18 | - | 0.21 | 0.22 | 0.20 | - | 0.24 | 0.23 | 0.20 | - |
| Inventory turnover | 0.60 | - | 0.77 | 0.80 | 0.80 | - | 0.90 | 0.98 | 0.82 | - |
| Days sales outstanding | 388d | - | 340d | 325d | 369d | - | 320d | 297d | 323d | - |
| Days inventory outstanding | 604d | - | 476d | 456d | 456d | - | 404d | 372d | 446d | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | 62.7x | - | 66.2x | 82.3x | 79.5x | - | 65.4x | 66.9x | 82.6x | - |
| P / B | 2.7x | - | 4.1x | 6.3x | 4.9x | - | 5.3x | 4.1x | 4.3x | - |
| P / S | 8.0x | - | 12.0x | 14.2x | 15.1x | - | 13.5x | 10.7x | 12.7x | - |
| EV / EBITDA | 37.6x | - | - | - | 49.7x | - | - | - | 52.1x | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 12.0% | - | 9.3% | 16.3% | 15.4% | - | 13.1% | -2.5% | -4.9% | - |
| Revenue CAGR (3y) | 7.1% | - | 8.9% | 14.8% | 18.2% | - | 22.3% | 21.7% | 20.2% | - |
| Revenue CAGR (5y) | 17.6% | - | 20.3% | 25.5% | 20.6% | - | 17.1% | 14.0% | 17.2% | - |
| Gross profit growth (YoY) | -1.7% | - | 1.9% | 27.6% | 30.6% | - | 20.7% | -18.3% | -30.7% | - |
| Operating income growth (YoY) | -24.3% | - | -3.4% | 19.7% | 44.6% | - | 11.0% | -31.4% | -44.3% | - |
| Net income growth (YoY) | -24.4% | - | -4.7% | 25.9% | 41.9% | - | 8.0% | -33.2% | -38.4% | - |
| EPS growth (YoY) | -21.1% | - | -3.8% | 25.3% | 42.9% | - | 8.2% | -31.8% | -37.6% | - |
| EPS CAGR (3y) | -11.1% | - | 1.0% | 10.3% | 26.9% | - | 33.6% | 23.3% | 54.7% | - |
| EPS CAGR (5y) | 33.1% | - | 41.2% | 21.8% | - | - | - | 34.6% | 28.5% | - |
| FCF growth (YoY) | - | - | - | - | -30.1% | - | - | - | -14.4% | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | 7.3% | 13.0% | 24.6% | 0.0% | 19.4% | 15.2% | 18.5% | 20.8% | 43.9% | 57.1% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Product / service
$2.95B totalWindows And Architectural Systems$922.20M · 31.3%
Product Sales$720.03M · 24.4%
Commercial$580.19M · 19.7%
Residential$403.42M · 13.7%
Fixed Price Contracts$263.58M · 8.9%
Glass And Framing Components$61.41M · 2.1%
Geographic
$983.61M totalUS$932.93M · 94.8%
CO$31.69M · 3.2%
Other$18.23M · 1.9%
PA$760.0K · 0.1%
Peer comparison
Same SIC group: Flat Glass
| Company | Revenue (last FY) | Net margin | ROE |
|---|---|---|---|
| VIEW | $101.33M | -332.7% | -152.9% |
Comparing Tecnoglass Inc. against the 1 most active filer in the same SIC group.
Dividends
$0.30/share trailing 12 months · -42.3% YoY
| Ex-date | Per share |
|---|---|
| Mar 31, 2026 | $0.1500 |
| Jun 30, 2025 | $0.1500 |
| Mar 31, 2025 | $0.1500 |
| Dec 31, 2024 | $0.1500 |
| Sep 30, 2024 | $0.1100 |
| Jun 28, 2024 | $0.1100 |
| Mar 27, 2024 | $0.1100 |
| Dec 28, 2023 | $0.0900 |
| Sep 28, 2023 | $0.0900 |
| Jun 29, 2023 | $0.0900 |
| Mar 30, 2023 | $0.0900 |
| Dec 29, 2022 | $0.0750 |
| Sep 29, 2022 | $0.0750 |
| Jun 29, 2022 | $0.0650 |
| Mar 30, 2022 | $0.0650 |
| Dec 30, 2021 | $0.0650 |
| Sep 29, 2021 | $0.0280 |
| Jun 29, 2021 | $0.0280 |
| Mar 30, 2021 | $0.0280 |
| Dec 30, 2020 | $0.0280 |
| Sep 29, 2020 | $0.0280 |
| Jul 7, 2020 | $0.0280 |
| Mar 30, 2020 | $0.0280 |
| Nov 27, 2019 | $0.1400 |