Tecnoglass Inc. (TGLS) Income Statement
TGLS 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsTGLS revenue and net income
Where TGLS's revenue goes
2025Each bar shows an amount and its share of revenue. TGLS kept 16.2% of revenue as net income.
TGLS profit margins
TGLS growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +10.5% | +11.1% | +21.2% | +15.2% |
| Gross profit | +10.9% | +6.4% | +24.8% | +17.2% |
| Operating income | +1.6% | +0.6% | +28.6% | +19.3% |
| Net income | −1.1% | +0.8% | +46.2% | — |
| EPS (diluted) | −1.9% | +2.5% | +34.9% | +14.4% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
TGLS quarterly EPS vs estimates
Tecnoglass beat the analyst EPS estimate in 6 of the last 8 quarters. Next report: November 5, 2026 (estimate $0.58).
TGLS income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $983.6M | $890.2M | $833.3M | $716.6M | $496.8M | $376.6M | $430.9M | $371.0M | $314.5M | $304.5M |
| Cost of revenue | $562.2M | $510.2M | $442.3M | $367.1M | $294.2M | $237.2M | $295.1M | $250.8M | $215.3M | $192.5M |
| Gross profit | $421.4M | $380.0M | $390.9M | $349.5M | $202.6M | $139.4M | $135.8M | $120.2M | $99.2M | $112.0M |
| Research & development | — | $2.1M | $900,000 | $600,000 | $700,000 | — | — | $0 | $2.4M | $2.2M |
| Sales, general & admin | $90.9M | $139.4M | $118.8M | $111.8M | $77.4M | $66.4M | $69.0M | $66.0M | $54.7M | $55.2M |
| Total operating expenses | $190.7M | $153.0M | $131.2M | $123.1M | $85.6M | $73.7M | $77.0M | $73.0M | $64.8M | $64.8M |
| Operating income | $230.7M | $227.0M | $259.8M | $226.4M | $117.0M | $65.7M | $58.8M | $47.2M | $34.4M | $47.8M |
| Interest income | — | — | — | — | — | — | $23.2M | $35.6M | $22.9M | $17.4M |
| Interest expense | $3.4M | $7.4M | $9.2M | $8.2M | $9.8M | $22.9M | $24.0M | $21.2M | $19.9M | $16.8M |
| Income before taxes | $235.3M | $225.2M | $261.4M | $231.2M | $96.9M | $36.9M | $37.2M | $14.5M | $11.5M | $39.2M |
| Income taxes | $75.7M | $63.8M | $77.9M | $74.8M | $28.5M | $13.0M | $12.9M | $6.0M | $5.8M | $15.9M |
| Net income | $159.6M | $161.3M | $182.9M | $155.7M | $68.2M | $23.9M | $24.5M | $9.0M | $5.4M | $23.3M |
| EBITDA | $272.1M | $259.1M | $292.5M | $259.0M | $127.7M | $79.2M | $82.7M | $58.8M | $52.4M | $71.6M |
| EPS (diluted) | $3.58 | $3.65 | $3.98 | $3.32 | $1.71 | $0.80 | $0.69 | $0.85 | $0.35 | $0.68 |
| Gross margin | 42.8% | 42.7% | 46.9% | 48.8% | 40.8% | 37.0% | 31.5% | 32.4% | 31.5% | 36.8% |
| Operating margin | 23.5% | 25.5% | 31.2% | 31.6% | 23.5% | 17.4% | 13.6% | 12.7% | 10.9% | 15.7% |
| Net margin | 16.2% | 18.1% | 21.9% | 21.7% | 13.7% | 6.3% | 5.7% | 2.4% | 1.7% | 7.7% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $295.3M | $249.0M | $245.3M | $260.5M | $255.5M | $222.3M | $239.6M | $238.3M | $219.7M | $192.6M | $194.6M | $210.7M |
| Cost of revenue | $185.3M | $153.2M | $147.1M | $149.2M | $141.2M | $124.8M | $133.1M | $129.1M | $130.1M | $118.0M | $111.6M | $120.2M |
| Gross profit | $110.0M | $95.8M | $98.2M | $111.3M | $114.3M | $97.5M | $106.5M | $109.2M | $89.6M | $74.7M | $83.0M | $90.5M |
| Research & development | — | — | — | — | — | — | $2.1M | — | — | — | $900,000 | — |
| Sales, general & admin | $28.4M | $50.9M | $53.4M | $21.3M | $53.1M | $18.9M | $25.8M | $41.5M | $38.4M | $33.6M | $20.3M | $29.5M |
| Total operating expenses | $73.5M | $50.9M | $53.4M | $45.9M | $53.1M | $38.2M | $39.4M | $41.5M | $38.4M | $33.6M | $32.4M | $29.5M |
| Operating income | $36.5M | $44.9M | $44.8M | $65.4M | $61.2M | $59.3M | $67.2M | $67.7M | $51.1M | $41.0M | $50.6M | $61.0M |
| Interest income | — | — | — | $564,000 | — | — | — | — | — | — | — | — |
| Interest expense | $3.5M | $3.0M | $1.3M | — | $1.4M | $1.3M | $1.5M | $1.8M | $2.0M | $2.1M | $2.3M | $2.3M |
| Income before taxes | $38.6M | $43.8M | $45.2M | $68.0M | $62.2M | $59.8M | $67.2M | $69.5M | $47.5M | $40.9M | $51.0M | $61.5M |
| Income taxes | $14.1M | $11.9M | $19.1M | $20.8M | $18.1M | $17.7M | $20.2M | $20.0M | $12.5M | $11.2M | $14.5M | $15.4M |
| Net income | $24.6M | $31.9M | $26.1M | $47.2M | $44.1M | $42.2M | $47.0M | $49.5M | $35.0M | $29.7M | $36.3M | $45.9M |
| EBITDA | $52.9M | $51.4M | $55.5M | $78.0M | $72.7M | $68.5M | $75.5M | $78.3M | $56.0M | $49.3M | $59.3M | $69.8M |
| EPS (diluted) | −$0.75 | $0.78 | $0.63 | $1.00 | $1.03 | $0.92 | $1.05 | $1.08 | $0.86 | $0.66 | $0.80 | $0.98 |
| Gross margin | 37.3% | 38.5% | 40.0% | 42.7% | 44.7% | 43.9% | 44.5% | 45.8% | 40.8% | 38.8% | 42.6% | 43.0% |
| Operating margin | 12.4% | 18.0% | 18.3% | 25.1% | 24.0% | 26.7% | 28.0% | 28.4% | 23.3% | 21.3% | 26.0% | 29.0% |
| Net margin | 8.3% | 12.8% | 10.6% | 18.1% | 17.3% | 19.0% | 19.6% | 20.8% | 15.9% | 15.4% | 18.7% | 21.8% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in TGLS's financial statements (latest annual report filed March 2, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
TGLS financial results
In fiscal year 2025 (ended December 31, 2025), Tecnoglass reported revenue of $983.6 million, up 10.5% from the year before. It had net income of $159.6 million (down 1.1%), a net profit margin of 16.2%. Diluted earnings per share came to $3.58. Over five years revenue grew at an average rate of 21.2% a year.
See the TGLS stock overview for the latest quote and news, or the TGLS chart for price history and technical indicators.
TGLS income statement FAQ
What is Tecnoglass's annual revenue?
Tecnoglass reported total revenue of $983.6 million for fiscal year 2025, which ended on December 31, 2025. That was up 10.5% from $890.2 million the previous year.
Is Tecnoglass profitable?
Yes. Tecnoglass reported net income of $159.6 million in fiscal 2025, a net profit margin of 16.2%; its operating margin was 23.5%.
What is Tecnoglass's gross margin?
Tecnoglass's gross margin was 42.8% in fiscal 2025: for every $100 of revenue, Tecnoglass kept $43 after the direct cost of its products and services.
How fast is Tecnoglass growing?
Revenue grew 21.2% a year on average over the last five fiscal years, from $376.6 million to $983.6 million.
What are Tecnoglass's earnings per share?
Tecnoglass earned $3.58 per diluted share in fiscal 2025, compared with $3.65 a year earlier.
When will Tecnoglass report its next earnings?
Tecnoglass is expected to report results for the quarter ending September 30, 2026 on November 5, 2026 before the market opens.
When does Tecnoglass's fiscal year end?
Tecnoglass's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on March 2, 2026.