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Tecnoglass Holdings (TGLS) earnings and revenue breakdown

Latest: Q3 2026 · 8-K filed Nov 5, 2026

Q3 2026 Revenue up 19% year over year to $311M · 7¢ of every $1 of revenue kept as net profit · operating margin 10.3%

Tecnoglass Holdings made $311M in Q3 2026 (+19% Y/Y): External customers $310M, Related parties $830K. Operating margin 10.3%, net earnings $22.8M. See where every dollar goes — costs, profit and cash — as a Sankey from the 8-K filed Nov 5, 2026 (preliminary, from the earnings release).

Revenue$311M
Year over year+19%
Operating margin10.3%
Net earnings$22.8M
Operating cash flow—

Drawing the Sankey…

Open the interactive Sankey → click any line for what the company wrote about it, compare Y/Y and Q/Q, export as PNG or PDF

What changed this quarter

Revenue was $310.6M in Q3 2026, up 19% year over year and up 5% from the previous quarter. External customers was the largest line at 100% of revenue. External customers added $50.6M year over year (up 20%), 101% of the total change. Related parties declined 36%.

Gross margin was 34.1%, down 8.6 points from Q3 2025. Operating profit was $31.9M, a 10.3% margin (down 14.8 points year over year). Operating profit fell $33.5M even though revenue rose $50.1M versus Q3 2025, so costs grew faster than sales. Operating expenses grew 61% against revenue growth of 19%. Net earnings were $22.8M, down 52% year over year. The effective tax rate was 9.6%.

Quarterly history

Tecnoglass Holdings revenue by quarterTecnoglass Holdings revenue by quarter$222MQ1 2025$256MQ2 2025$260MQ3 2025$245MQ4 2025$249MQ1 2026$295MQ2 2026$311MQ3 2026
Tecnoglass Holdings net earnings by quarterTecnoglass Holdings net earnings by quarter$42.2MQ1 2025$44.1MQ2 2025$47.2MQ3 2025$26.1MQ4 2025$31.9MQ1 2026$24.6MQ2 2026$22.8MQ3 2026
QuarterFormFiledRevenueY/YOp. marginNet earningsOp. cash flow
Q3 20268-KNov 5, 2026$311M+19%10.3%$22.8M—
Q2 202610-QAug 6, 2026$295M+16%12.4%$24.6M$4.4M
Q1 202610-QMay 8, 2026$249M+12%18.0%$31.9M$6.7M
Q4 202510-KMar 2, 2026$245M+2%18.3%$26.1M$31.0M
Q3 202510-QNov 7, 2025$260M+9%25.1%$47.2M$40.0M
Q2 202510-QAug 7, 2025$256M+16%24.0%$44.1M$17.9M
Q1 202510-QMay 8, 2025$222M+15%26.7%$42.2M$46.9M

Charts

Tecnoglass Holdings: revenue growth, year over year and quarter over quarterTecnoglass Holdings: revenue growth, year over year and quarter over quarterY/YQ/Q+15%Q1 2025+16%+15%Q2 2025+9%+2%Q3 2025+2%-6%Q4 2025+12%+2%Q1 2026+16%+19%Q2 2026+19%+5%Q3 2026
Latest (Q3 2026): Y/Y +19%, Q/Q +5%.
Tecnoglass Holdings: where the cash came from (+) and went (−), TTM to Q2 2026Tecnoglass Holdings: where the cash came from (+) and went (−), TTM to Q2 2026Buybacks−$134MNet borrowing (+) / repaid (−)$110MCapital spending−$91.0MOperating cash flow$82.1MCash drawn (+) / kept (−)$57.1MDividends−$27.4MExchange rates$3.1MOther investing$1.1MOther financing−$1.0M
From the cash-flow statement as filed (SEC XBRL). Cash is fungible: the bars do not say which dollar paid for what.
Tecnoglass Holdings: profit against cash, quarter by quarterTecnoglass Holdings: profit against cash, quarter by quarterNet incomeOperating cash flow$49.5M$41.5MQ3 2024$47.0M$61.1MQ4 2024$42.2M$46.9MQ1 2025$44.1M$17.9MQ2 2025$47.2M$40.0MQ3 2025$26.1M$31.0MQ4 2025$31.9M$6.7MQ1 2026$24.6M$4.4MQ2 2026
Latest (Q2 2026): Net income $24.6M, Operating cash flow $4.4M.
Tecnoglass Holdings: diluted shares by fiscal yearTecnoglass Holdings: diluted shares by fiscal year46MFY202048MFY202148MFY202248MFY202347MFY202447MFY2025
+0.6% since FY2020: more shares outstanding (issuance, stock pay).

Interactive views

The same charts as the app — open one to draw it.

💵Where each $1 goesinteractive

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🌏Named in Asian annual reportsinteractive

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🔄Rotation against the market and its industry (RRG)interactive

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🔍Earnings qualityinteractive

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⚖️Fair value by methodinteractive

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🔭Outlook & guidanceinteractive

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📈Investments: gains and what it boughtinteractive

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🏭Its industry’s money flow (input-output)interactive

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About Tecnoglass Holdings

Tecnoglass Holdings Inc. is a leading producer of high-end aluminum and vinyl windows and architectural glass serving the multi-family, single-family, and commercial end markets. Tecnoglass is the second largest glass fabricator serving the U.S. and the #1 architectural glass transformation company in Latin America. Located in Barranquilla, Colombia, the Company’s 5.8 million square foot, vertically integrated, and state-of-the-art manufacturing complex provide efficient access to nearly 1,000 customers in North, Central and South America, with the United States accounting for over 95% of total revenues.

In its own words, from its 8-K, filed Aug 6, 2026.

Source: Tecnoglass Holdings 8-K on SEC EDGAR · CIK 1534675 · Flat Glass

13F: who owns TGLS and who is buying

Largest holders of TGLS (13F)Largest holders of TGLS (13F)Owls Nest Partners IA, LLC$32.4MCooke & Bieler LP$19.5MMarshall Wace, LLP$10.8MRiverwater Partners LLC$3.0MDark Forest Capital Management LP$1.5MPrice T Rowe Associates$1.5MDeutsche Bank Ag\$790KEnsign Peak Advisors$550KRothschild Investment LLC$522KExchange Traded Concepts, LLC$271K

More on TGLS

History

Every quarter: Q3 2026 results · Q2 2026 results · Q1 2026 results · Q4 2025 results · Q3 2025 results · Q2 2025 results · Q1 2025 results

中文版:Tecnoglass Holdings(TGLS)财报

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