Tecnoglass Holdings Inc. (TGLS) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q2 26	$0.52	$0.54	+3.8%	—	$295.3M	—
Q1 26	$0.72	$0.78	+8.3%	—	$249M	—
Q4 25	$0.84	$0.63	-25.0%	—	$245.3M	—
Q3 25	$1.11	$1	-9.9%	—	$260.5M	—
Q2 25	$0.96	$1.03	+7.3%	—	$255.5M	—
Q1 25	$0.82	$0.92	+12.2%	—	$222.3M	—
Q4 24	$1.02	$1.05	+2.9%	—	$239.6M	—
Q3 24	$1	$1.08	+8.0%	—	$238.3M	—
Q2 24	$0.83	$0.86	+3.6%	—	$219.7M	—
Q1 24	$0.67	$0.66	-1.5%	—	$192.6M	—
Q4 23	$0.76	$0.8	+5.3%	—	$194.6M	—
Q3 23	$0.97	$0.98	+1.0%	—	$210.7M	—
Q2 23	$1.07	$1.12	+4.7%	—	$225.3M	—
Q1 23	$0.9	$1.08	+20.0%	—	$202.6M	—
Q4 22	$1.01	$1.09	+7.9%	—	$211.1M	—
Q3 22	$0.71	$1.01	+42.3%	—	$201.8M	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY25	—	$3.42	—	—	$983.6M	—
FY24	—	$3.43	—	—	$890.2M	—
FY23	—	$3.85	—	—	$833.3M	—
FY22	—	$3.28	—	—	$716.6M

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	$305M	$314.5M	$371M	$430.9M	$376.6M	$496.8M	$716.6M	$833.3M	$890.2M	$983.6M
YoY change	+25.9%	+3.09%	+18%	+16.2%	-12.6%	+31.9%	+44.2%	+16.3%	+6.83%	+10.5%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	305M	314.5M	371M	430.9M	376.6M	496.8M	716.6M	833.3M	890.2M	983.6M
Cost of revenue	192.4M	215.3M	250.8M	295.1M	237.2M	294.2M	367.1M	442.3M	510.2M	562.2M
Gross profit	112.6M	99.2M	120.2M	135.8M	139.4M	202.6M	349.5M	390.9M	380M	421.4M
Gross margin	36.9%	31.5%	32.4%	31.5%	37%	40.8%	48.8%	46.9%	42.7%	42.8%
Research & development	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	55.2M	54.7M	66M	69M	66.4M	77.4M	112M	119M	139.4M	156.8M
Operating expenses	59.9M	57.9M	66M	69M	66.4M	77.4M	112M	119M	139.4M	151.2M
Operating income	49.6M	36M	48.1M	60M	67M	118.9M	232.6M	263.9M	231.6M	235.9M
Operating margin	16.3%	11.5%	13%	13.9%	17.8%	23.9%	32.5%	31.7%	26%	24%
Non-operating income, net	8.2M	-3M	-11.5M	1.2M	-7.2M	-10.2M	9.5M	10.8M	5.6M	11.5M
Pretax income	39.3M	11.5M	14.5M	37.2M	36.9M	96.9M	231.2M	261.4M	225.2M	235.3M
Income tax	16.1M	5.8M	6M	12.9M	13M	28.5M	74.8M	77.9M	63.8M	75.7M
Net income	23.2M	5.7M	8.5M	24.3M	23.8M	68.4M	156.4M	183.5M	161.3M	159.6M
Net margin	7.6%	1.82%	2.29%	5.63%	6.33%	13.8%	21.8%	22%	18.1%	16.2%
EBITDA	67.5M	58.5M	73.3M	83.7M	87.8M	142.7M	260.4M	291.8M	264.7M	272.2M
EPS	0.8	0.16	0.23	0.55	0.52	1.43	3.28	3.85	3.43	3.42
Diluted EPS	0.77	0.16	0.22	0.55	0.52	1.43	3.28	3.85	3.43	3.42

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	210.7M	194.6M	192.6M	219.7M	238.3M	239.6M	222.3M	255.5M	260.5M	245.3M	249M	295.3M
Cost of revenue	120.2M	111.6M	118M	130.1M	129.1M	133.1M	124.8M	141.2M	149.2M	147.1M	153.2M	185.3M
Gross profit	90.5M	83M	74.7M	89.6M	109.2M	106.5M	97.5M	114.3M	111.3M	98.2M	95.8M	110M
Gross margin	43%	42.6%	38.8%	40.8%	45.8%	44.5%	43.9%	44.7%	42.7%	40%	38.5%	37.3%
Research & development	—	—	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	29.5M	20.3M	33.6M	38.4M	41.5M	25.8M	42.5M	53.1M	47.3M	13.9M	50.9M	73.5M
Operating expenses	29.5M	20.3M	33.6M	38.4M	41.5M	25.8M	38.2M	53.1M	45.9M	13.9M	50.9M	73.5M
Operating income	61M	54.7M	41M	51.1M	67.7M	71.8M	59.3M	61.2M	65.4M	50M	44.9M	36.5M
Operating margin	29%	28.1%	21.3%	23.3%	28.4%	30%	26.7%	24%	25.1%	20.4%	18%	12.4%
Non-operating income, net	2.9M	2.7M	2M	-1.6M	3.6M	1.6M	1.9M	2.4M	2M	5.2M	1.9M	5.6M
Pretax income	61.5M	51M	40.9M	47.5M	69.5M	67.2M	59.8M	62.2M	68M	45.2M	43.8M	38.6M
Income tax	15.4M	14.5M	11.2M	12.5M	20M	20.2M	17.7M	18.1M	20.8M	19.1M	11.9M	14.1M
Net income	46.1M	36.5M	29.7M	35M	49.5M	47M	42.2M	44.1M	47.2M	26.1M	31.9M	24.6M
Net margin	21.9%	18.7%	15.4%	15.9%	20.8%	19.6%	19%	17.3%	18.1%	10.6%	12.8%	8.32%
EBITDA	68.7M	59.6M	49.5M	61.6M	77.4M	76.3M	69M	71.9M	74.8M	54.4M	56.6M	47.6M
EPS	0.96	—	0.63	0.75	1.05	1	0.9	0.94	1.01	0.57	0.71	0.55
Diluted EPS	0.96	—	0.63	0.75	1.05	1	0.9	0.94	1.01	0.57	0.71	0.55

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Market cap	—	—	302.7M	—	320.6M	1.2B	1.5B	2.2B	3.7B	2.3B	1.5B
Enterprise value	—	—	510.8M	—	475M	1.4B	1.5B	2.2B	3.7B	2.4B	1.7B
Shares outstanding	29.2M	34.8M	37.5M	44.5M	46.4M	47.7M	47.7M	47.5M	47M	46.7M	46.7M

Valuation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
P/E	—	—	35.7	—	13.4	18.2	9.38	11.8	23.1	14.7	12
P/S	—	—	0.82	—	0.85	2.51	2.05	2.61	4.19	2.39	1.45
P/B	—	—	2.27	—	1.54	5.1	4.19	3.96	5.91	3.29	1.93
EV/EBITDA	—	—	6.97	—	5.41	9.54	5.88	7.57	14	8.88	7.65
EV/Sales	—	—	1.38	—	1.26	2.74	2.14	2.65	4.16	2.46	1.63
Earnings yield	—	—	2.8%	—	7.44%	5.48%	10.7%	8.45%	4.33%	6.79%	8.3%
FCF yield	—	—	-5.99%	—	16.7%	5.27%	4.81%	2.8%	2.44%	1.47%	-1.37%
PEG	—	—	—	—	—	—	—	—	—	—	-0.29

Profitability

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Gross margin	36.9%	31.5%	32.4%	31.5%	37%	40.8%	48.8%	46.9%	42.7%	42.8%	37.3%
Operating margin	16.3%	11.5%	13%	13.9%	17.8%	23.9%	32.5%	31.7%	26%	24%	12.4%
Net margin	7.6%	1.82%	2.29%	5.63%	6.33%	13.8%	21.8%	22%	18.1%	16.2%	12.4%
ROE	20.4%	4.71%	6.37%	13%	11.4%	28%	44.6%	33.5%	25.6%	22.4%	17%
ROA	5.87%	1.22%	1.73%	4.26%	4.5%	11.6%	21.3%	19.1%	15.9%	12.7%	8.91%
ROIC	10.3%	5.9%	8.28%	9.86%	11.9%	23.5%	38%	31.6%	27.5%	20.5%	14%
Return on tangible assets	6.05%	1.44%	2%	4.77%	5.04%	12.7%	22.9%	20.2%	16.8%	13.6%	9.67%

Financial health

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Current ratio	2.69	2.16	2.39	2.5	3.03	2.1	2.06	2.27	2.11	1.86	1.86
Quick ratio	1.99	1.57	1.64	1.86	2.17	1.56	1.46	1.6	1.58	1.25	1.17
Debt / equity	1.76	1.84	1.82	1.39	1.08	0.81	0.48	0.31	0.17	0.24	0.29
Debt / assets	0.51	0.48	0.49	0.46	0.42	0.34	0.23	0.18	0.11	0.14	0.16
Net debt / EBITDA	2.53	3.1	2.84	2.5	1.76	0.79	0.24	0.13	-0.11	0.25	0.6
Interest coverage	3.33	1.58	1.68	2.63	2.7	10.8	29.3	29.5	31.3	40.4	40.4
Effective tax rate	40.9%	50.3%	41.3%	34.8%	35.3%	29.4%	32.3%	29.8%	28.4%	32.2%	33.7%

Per share

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Revenue per share	10.4	9.03	9.89	9.69	8.12	10.4	15	17.5	18.9	21.1	23.1
EPS (basic)	0.8	0.16	0.23	0.55	0.52	1.43	3.28	3.85	3.43	3.42	3.42
EPS (diluted)	0.77	0.16	0.22	0.55	0.52	1.43	3.28	3.85	3.43	3.42	2.85
Book value per share	3.89	3.49	3.55	4.21	4.49	5.13	7.35	11.5	13.4	15.3	17.8
FCF per share	-0.89	0.21	-0.48	0.02	1.15	1.38	1.48	1.28	1.94	0.74	-0.2
Cash per share	0.97	1.22	0.91	1.13	1.51	1.82	2.22	2.79	2.93	2.23	1.92
Capex per share	0.76	0.2	0.35	0.56	0.39	1.08	1.5	1.64	1.69	—	—

Capital allocation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Capex / revenue	7.28%	2.23%	3.54%	5.79%	4.86%	10.3%	9.95%	9.36%	8.94%	—	—
Capex / operating cash flow	-655.8%	99.8%	-3.4K%	150.9%	25.4%	52.6%	79.5%	42.7%	46.4%	—	—
Payout ratio	13%	43.2%	32%	21.5%	15.9%	7.66%	8.23%	8.95%	12.2%	17.6%	21%
Dividend yield	—	—	0.9%	—	1.19%	0.42%	0.88%	0.76%	0.53%	1.2%	1.74%

Yield

1.74%

trailing twelve months

Frequency

Quarterly

Last dividend

$0.15

ex-dividend Jun 30, 2026

Payout ratio

21%

of earnings

Dividend growth

0 years

consecutive annual raises

Dividend per share

Split-adjusted payout per share by ex-dividend date.

Recent payouts

Ex-dividend	Amount
Jun 30, 2026	$0.15
Mar 31, 2026	$0.15
Jun 30, 2025	$0.15
Mar 31, 2025	$0.15
Dec 31, 2024	$0.15
Sep 30, 2024	$0.11
Jun 28, 2024	$0.11
Mar 27, 2024	$0.11

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	$210.7M	$194.6M	$192.6M	$219.7M	$238.3M	$239.6M	$222.3M	$255.5M	$260.5M	$245.3M	$249M	$295.3M
YoY change	+4.44%	-7.82%	-4.94%	-2.5%	+13.1%	+23.1%	+15.4%	+16.3%	+9.29%	+2.39%	+12%	+15.6%

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Cash & short-term investments	28.5M	42.6M	34.2M	50.2M	70.1M	87M	105.7M	132.4M	137.5M	104.1M
Receivables	92.3M	110.5M	92.8M	110.6M	89.4M	110.5M	158.4M	166.5M	202.9M	239.4M
Inventory	55.1M	71.7M	91.8M	82.7M	81.2M	85M	125M	159.1M	139.6M	213.5M
Total current assets	210.7M	261.9M	293.4M	322.8M	285.2M	326.3M	432.1M	535.8M	560M	653.6M
Property, plant & equipment	119.9M	109.5M	95.4M	94.6M	87.5M	105.2M	135.9M	199.1M	218.6M	286.9M
Goodwill & intangibles	11.8M	69.3M	65.1M	60.5M	57.3M	53.8M	52.5M	54.1M	55.9M	86M
Total assets	394.7M	468M	489.8M	569.7M	530.1M	591.6M	734.3M	962.7M	1B	1.3B
Accounts payable	39M	55.2M	65.5M	61.9M	42.3M	68.1M	90.2M	82.8M	98.8M	127.2M
Short-term debt	2.7M	3.3M	21.6M	16.1M	1.8M	10.7M	504K	7M	1.1M	427K
Total current liabilities	78.4M	121.4M	122.6M	129M	94.1M	155M	209.8M	235.9M	265.8M	351.7M
Long-term debt	196.9M	221M	220.7M	243.7M	222.7M	188.4M	169M	163M	108.2M	171.2M
Total liabilities	281.2M	346.3M	356.5M	382.5M	321.6M	346.9M	384M	414.7M	385.5M	547.3M
Shareholders' equity	113.6M	121.7M	133.2M	187.2M	208.5M	244.7M	350.3M	548M	631.2M	713.1M
Total debt	199.6M	224.3M	242.3M	259.8M	224.5M	199.1M	169.5M	170M	109.3M	171.6M
Net debt	172.7M	183.3M	209.3M	211.9M	156.8M	114M	65.8M	40.5M	-25.6M	70.7M

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Cash & short-term investments	121.5M	132.4M	138.8M	129.5M	124.8M	137.5M	160.2M	140.9M	127.1M	104.1M	94.4M	84.3M
Receivables	174.1M	166.5M	170.6M	178.8M	209M	202.9M	224.6M	227.6M	242.7M	239.4M	264.4M	287.5M
Inventory	165.8M	159.1M	144.2M	132.5M	142.9M	139.6M	155.8M	176.5M	194.4M	213.5M	253.3M	271.6M
Total current assets	537.1M	535.8M	549.6M	516.7M	546.8M	560M	636.8M	639.4M	658.4M	653.6M	720.1M	730.2M
Property, plant & equipment	—	199.1M	—	—	—	218.6M	249.1M	—	—	286.9M	—	—
Goodwill & intangibles	53.6M	54.1M	53.7M	54.3M	54.9M	55.9M	56.9M	85.9M	86.4M	86M	87M	87.7M
Total assets	939.1M	962.7M	981.6M	942.5M	996.3M	1B	1.1B	1.2B	1.2B	1.3B	1.4B	1.4B
Accounts payable	108.3M	82.8M	79.2M	99.6M	99.6M	98.8M	123.3M	138.6M	125.4M	127.2M	150.5M	178.9M
Short-term debt	3.1M	7M	3.3M	2.2M	1.8M	1.1M	627K	587K	707K	427K	5.9M	6.2M
Total current liabilities	239M	235.9M	235.7M	212.9M	247.3M	265.8M	329.1M	320.5M	332.6M	351.7M	406.4M	392.7M
Long-term debt	166.7M	163M	154.6M	140.1M	122.8M	108.2M	108.4M	108.6M	111.2M	171.2M	194.4M	219.2M
Total liabilities	419.6M	414.7M	407.9M	367.6M	383M	385.5M	453.2M	445.2M	464.1M	547.3M	625.2M	641.1M
Shareholders' equity	519.5M	548M	573.6M	574.8M	613.3M	631.2M	685.1M	736M	764M	713.1M	735.2M	788.8M
Total debt	169.8M	170M	157.9M	142.3M	124.7M	109.3M	109M	109.2M	111.9M	171.6M	200.3M	225.4M
Net debt	50.9M	40.5M	22M	15.4M	2.6M	-25.6M	-48.3M	-28.7M	-12.1M	70.7M	109.1M	144.6M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Net income	23.2M	5.7M	8.5M	24.3M	23.8M	68.4M	156.4M	183.5M	161.3M	159.6M
Depreciation & amortization	15.5M	21M	23.2M	22.7M	20.6M	20.9M	19.7M	21.9M	26.5M	36.8M
Stock-based compensation	300K	284K	0	—	—	—	—	—	—	—
Change in working capital	-42.1M	-14.9M	-30.1M	-29.5M	20.3M	2.6M	-93.2M	-32.6M	-15.8M	-34.3M
Operating cash flow	-3.4M	7M	-390K	16.5M	72.2M	97.6M	89.7M	182.5M	171.3M	135.8M
Capital expenditure	-22.2M	-7M	-13.1M	-25M	-18.3M	-51.4M	-71.3M	-78M	-79.6M	—
Investing cash flow	-24.7M	-14.9M	-18.7M	-59.1M	-18.1M	-50.8M	-72.6M	-78.3M	-80M	-7.5M
Dividends paid	-3M	-2.5M	-2.7M	-5.2M	-3.8M	-5.2M	-12.9M	-16.4M	-19.7M	-28.1M
Share repurchases	—	—	—	—	—	0	0	-23.5M	-291K	-118M
Financing cash flow	30.3M	14.8M	17M	48.3M	-33.5M	-43.8M	-44.8M	-42.8M	-84.5M	-85.5M
Net change in cash	2.2M	6.9M	-2.1M	5.7M	20.6M	3.1M	-27.7M	61.5M	6.8M	42.7M
Free cash flow	-26M	7.2M	-18.1M	712K	53.4M	65.7M	70.6M	60.9M	91M	34.5M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Net income	46.1M	36.5M	29.7M	35M	49.5M	47M	42.2M	44.1M	47.2M	26.1M	31.9M	24.6M
Depreciation & amortization	5.9M	6M	6.3M	6.5M	6.9M	6.7M	7.3M	9.1M	10M	10.3M	10.7M	10.7M
Stock-based compensation	—	—	—	—	—	—	—	—	—	—	—	—
Change in working capital	6.5M	-3.7M	-8.1M	36.3M	-27.9M	-16.2M	-9.6M	4M	-20.2M	-8.6M	-46.7M	29.3M
Operating cash flow	62.3M	39.9M	31.8M	76.1M	26.5M	36.9M	42.9M	17.9M	40M	31M	6.7M	4.4M
Capital expenditure	-24.3M	-15.8M	-9.9M	-20.3M	-23.7M	-25.7M	-18.1M	—	—	—	—	—
Investing cash flow	-24.4M	-15.8M	-10.2M	-20.3M	-23.7M	-25.8M	-18.2M	1K	-602K	-2K	-600K	0
Dividends paid	-4.3M	-4.3M	-4.2M	-5.2M	-5.2M	-5.2M	-7M	-7M	-7M	-7M	-6.7M	-6.7M
Share repurchases	-8.8M	-14.7M	—	-5K	-11K	-275K	-124K	-215K	-30M	-87.6M	-16.5M	-5K
Financing cash flow	-13.1M	-18.8M	-16.7M	-21.1M	-23.1M	-21.1M	-7.4M	-7.5M	-34.6M	-35M	851K	17.4M
Net change in cash	24.8M	5.3M	4.9M	34.6M	-20.2M	-10M	17.2M	10.4M	4.7M	-4M	7M	21.8M
Free cash flow	27M	28.6M	23.6M	14.2M	17.8M	35.4M	16.5M	-14.7M	21.2M	11.4M	-10.5M	-31M

Tecnoglass Holdings Inc. Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Dividend per share

Recent payouts

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement