Filing Flows › Tecnoglass Holdings (TGLS) › Q3 2025
Tecnoglass Holdings (TGLS) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 7, 2025
Tecnoglass Holdings (TGLS) reported revenue of $260M for the third quarter 2025 (Q3 2025), +9% from a year earlier and +2% from the quarter before. Operating margin was 25.1%, net earnings $47.2M (18.1% of revenue).
Tecnoglass Holdings, Q3 2025: revenue $260M (+9% year over year), operating margin 25.1%, net earnings $47.2M, operating cash flow $40.0M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $260M | +2% | +9% |
| Gross profit | $111M | -3% | +2% |
| Operating profit | $65.4M | +7% | -3% |
| Net earnings | $47.2M | +7% | -5% |
| Operating cash flow | $40.0M | +124% | -4% |
| Free cash flow | $21.2M | — | +19% |
What changed
Revenue was $260.5M in Q3 2025, up 9% year over year and up 2% from the previous quarter. Commercial was the largest line at 56% of revenue. Commercial added $18.4M year over year (up 14%), 83% of the total change.
Gross margin was 42.7%, down 3.1 points from a year earlier. Operating profit was $65.4M, a 25.1% margin (down 3.3 points year over year). Operating profit fell $2.3M even though revenue rose $22.2M versus a year earlier, so costs grew faster than sales. Operating expenses grew 11% against revenue growth of 9%. Net earnings were $47.2M, down 5% year over year. The effective tax rate was 30.6%.
Operating cash flow was $40.0M (down 4% year over year), 85% of net earnings. Non-cash charges added back $10.0M of depreciation and amortization. Working capital and other items used $17.2M. After acquisition of property and equipment ($18.8M), free cash flow as the company reports it was $21.2M.
Questions
What was Tecnoglass Holdings' revenue in the third quarter 2025?
Tecnoglass Holdings (TGLS) reported revenue of $260M for the third quarter 2025 (Q3 2025), +9% from a year earlier and +2% from the quarter before.
Was Tecnoglass Holdings profitable in the third quarter 2025?
Operating profit was $65.4M (25.1% of revenue) and net earnings $47.2M.