Every 10-Q that Tecnoglass Holdings Inc (TGLS) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow TGLS and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full TGLS filings page.
Tecnoglass Holdings Inc. reported strong top-line growth but weaker profitability for the quarter and six months ended June 30, 2026. Operating revenues for the quarter rose to $295,291 (in thousands), up from $255,546, driven mainly by higher U.S. commercial and residential demand, while Latin America and Caribbean sales declined.
Gross profit for the quarter fell to $110,034 from $114,335, with gross margin compressing to 37.3% from 44.7% on higher aluminum costs, a double‑digit minimum wage increase in Colombia, stronger local currency and sharply higher U.S. import tariffs. Quarterly net income declined to $24,555 from $44,083, and first-half net income decreased to $56,446 from $86,272, despite revenues rising to $544,303 from $477,834.
Cash from operating activities dropped to $11,116 for the first half from $64,760, while cash and cash equivalents were $80,814 and long-term debt $219,238 at June 30, 2026, supported by expanded revolving credit capacity. Remaining performance obligations totaled $884.2 million. The company also repurchased 372,910 shares for $16.5 million and continued paying a quarterly dividend of $0.15 per share. Effective July 7, 2026, Tecnoglass redomiciled to Florida and became subject to U.S. federal income taxation.
Tecnoglass Inc. reported first-quarter 2026 revenue of $249.0M, up 12.0% from $222.3M a year earlier, driven mainly by higher commercial activity in its core U.S. markets.
Net income declined to $31.9M from $42.2M as the gross margin compressed to 38.5% from 43.9% on higher aluminum costs, wage increases in Colombia, and a greater mix of installation-intensive commercial projects. Operating expenses rose to $50.9M, including a one-time $2.9M Colombian wealth tax, partially offset by a $1.9M recovery of previously paid U.S. import tariffs.
Cash flow from operations fell to $6.7M from $46.9M as the company built inventories of U.S.-sourced aluminum and saw higher trade receivables tied to large commercial jobs. Tecnoglass ended the quarter with $91.1M in cash, long-term debt of $194.4M, and access to a $500M revolving credit facility maturing in 2030, while continuing shareholder returns through a $0.15-per-share quarterly dividend and $16.5M of share repurchases.
Tecnoglass Inc. reported Q3 2025 results. Revenue rose to $260.5 million from $238.3 million a year ago, while net income was $47.2 million (diluted EPS $1.01) versus $49.5 million ($1.05) last year. Year to date, revenue reached $738.3 million and net income was $133.5 million.
The U.S. remained the core market with Q3 revenue of $246.4 million. Gross profit was $111.3 million, and operating income was $65.4 million. Operating cash flow for the first nine months totaled $104.7 million.
The company closed a new $500 million senior secured revolving credit facility at SOFR + 1.25% with initial maturity in December 2030 and recognized a $1.35 million loss on extinguishment of prior debt. Tecnoglass acquired assets of Continental Glass Systems for $10.4 million; the business contributed $9.0 million of revenue and a $2.0 million loss from April 3 to September 30. Remaining performance obligations were $898.9 million. During the first nine months, the company repurchased 417,302 shares for $29.9 million and declared a quarterly dividend of $0.15 per share.
Tecnoglass (TGLS) Q2-25 10-Q highlights
- Revenue: Q2 $255.5 M, +16.3% YoY; 1H $477.8 M, +15.9%.
- Mix: U.S. market 95% of Q2 sales, residential +14.5%, commercial +16.5%.
- Profitability: Gross margin 44.7% (40.8% p/y); operating income $61.2 M (+19.7%); net income $44.1 M (+25.9%); diluted EPS $0.94 vs $0.75.
- Cash & Liquidity: Cash $137.9 M (↑$3.0 M YTD). CFO $64.8 M (-5% YoY); cap-ex & acquisition drove FCF negative $-48.8 M.
- Balance sheet: Total assets $1.18 B; equity $736 M. Debt unchanged at $110 M; net leverage <0.3× EBITDA. Supplier-finance payables rose to $21.1 M.
- Acquisition: Closed April 3 Contiglass asset deal ($10.4 M). Adds manufacturing capacity; contributed $5.3 M revenue but $0.96 M loss in Q2.
- Hedging: Swap & FX contracts in $5.5 M net asset position; $4.5 M AOCI.
- Guidance/backlog: Remaining performance obligations $820 M, 35% to be recognized in 2025.
- Capital return: Quarterly dividend maintained at $0.15; repurchased 4.4 k shares YTD for $0.3 M.
Key takeaways: Robust top-line growth and margin expansion offset higher SG&A (tariffs, US expansion). Strong cash position and modest leverage provide flexibility, though working-capital build and heavy cap-ex pressured free cash flow.