Filing Flows › Tecnoglass Holdings (TGLS) › Q2 2026 › vs Q2 2025
Tecnoglass Holdings (TGLS) Q2 2026 vs Q2 2025 (year over year)
Tecnoglass Holdings's revenue rose $39.7M (+16%) from $256M in Q2 2025 to $295M in Q2 2026. The biggest changes: Commercial +$22.8M (+16%); Residential +$16.9M (+15%). Gross margin 37.3% against 44.7% (-7.5 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 Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Gross margin | 37.3% | 44.7% | -7.5 pts |
| Operating margin | 12.4% | 24.0% | -11.6 pts |
| Net margin | 8.3% | 17.3% | -8.9 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Commercial | $169M | $146M | $22.8M | +16% |
| Residential | $126M | $110M | $16.9M | +15% |
| Revenue | $295M | $256M | $39.7M | +16% |
| Gross profit | $110M | $114M | −$4.3M | -4% |
| Cost of revenue | $185M | $141M | $44.0M | +31% |
| Other income, net | $2.1M | $1.0M | $1.1M | +105% |
| Operating profit | $36.5M | $61.2M | −$24.7M | -40% |
| Operating expenses | $73.5M | $53.1M | $20.4M | +38% |
| Pre-tax earnings | $38.6M | $62.2M | −$23.6M | -38% |
| Sales & marketing | $45.1M | $29.7M | $15.4M | +52% |
| General & admin | $28.4M | $23.4M | $5.0M | +21% |
| Net earnings | $24.6M | $44.1M | −$19.5M | -44% |
| Income tax | $14.1M | $18.1M | −$4.1M | -22% |
| Operating cash sources | $35.2M | $53.2M | −$18.0M | -34% |
| Depreciation & amortization | $10.7M | $9.1M | $1.5M | +17% |
| Working capital & other | $30.8M | $35.4M | −$4.5M | -13% |
| Operating cash flow | $4.4M | $17.9M | −$13.5M | -75% |
| Capital expenditures | $35.4M | $32.5M | $2.9M | +9% |
| Negative free cash flow (OCF − capex) | $31.0M | $14.7M | $16.3M | +112% |
Questions
How much did Tecnoglass Holdings's revenue grow year over year in Q2 2026?
Tecnoglass Holdings's revenue rose $39.7M (+16%) from $256M in Q2 2025 to $295M in Q2 2026.
What drove Tecnoglass Holdings's revenue change in Q2 2026?
Commercial +$22.8M (+16%); Residential +$16.9M (+15%).