Filing Flows › Tecnoglass Holdings (TGLS) › Q2 2026 › vs Q1 2026
Tecnoglass Holdings (TGLS) Q2 2026 vs Q1 2026 (quarter over quarter)
Tecnoglass Holdings's revenue rose $46.3M (+19%) from $249M in Q1 2026 to $295M in Q2 2026. The biggest changes: Residential +$38.0M (+43%); Commercial +$8.2M (+5%). Gross margin 37.3% against 38.5% (-1.2 pts).
Tecnoglass Holdings, Q2 2026: revenue $295M (+16% year over year), operating margin 12.4%, net earnings $24.6M, operating cash flow $4.4M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Gross margin | 37.3% | 38.5% | -1.2 pts |
| Operating margin | 12.4% | 18.0% | -5.7 pts |
| Net margin | 8.3% | 12.8% | -4.5 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Commercial | $169M | $161M | $8.2M | +5% |
| Residential | $126M | $88.5M | $38.0M | +43% |
| Revenue | $295M | $249M | $46.3M | +19% |
| Gross profit | $110M | $95.8M | $14.2M | +15% |
| Cost of revenue | $185M | $153M | $32.1M | +21% |
| Other income, net | $2.1M | −$1.1M | $3.3M | — |
| Operating profit | $36.5M | $44.9M | −$8.4M | -19% |
| Operating expenses | $73.5M | $50.9M | $22.6M | +44% |
| Pre-tax earnings | $38.6M | $43.8M | −$5.1M | -12% |
| Sales & marketing | $45.1M | $22.9M | $22.2M | +97% |
| General & admin | $28.4M | $28.0M | $416K | +1% |
| Net earnings | $24.6M | $31.9M | −$7.3M | -23% |
| Income tax | $14.1M | $11.9M | $2.2M | +18% |
| Operating cash sources | $35.2M | $42.6M | −$7.3M | -17% |
| Depreciation & amortization | $10.7M | $10.7M | $11K | +0.1% |
| Working capital & other | $30.8M | $35.9M | −$5.0M | -14% |
| Operating cash flow | $4.4M | $6.7M | −$2.3M | -34% |
| Capital expenditures | $35.4M | $17.3M | $18.1M | +105% |
| Negative free cash flow (OCF − capex) | $31.0M | $10.5M | $20.4M | +194% |
Questions
How much did Tecnoglass Holdings's revenue grow quarter over quarter in Q2 2026?
Tecnoglass Holdings's revenue rose $46.3M (+19%) from $249M in Q1 2026 to $295M in Q2 2026.
What drove Tecnoglass Holdings's revenue change in Q2 2026?
Residential +$38.0M (+43%); Commercial +$8.2M (+5%).