TGLS (Tecnoglass Inc.) Stock Financials & Earnings | Market Cap Arena

TGLS (Tecnoglass Inc.) Stock Financials & Earnings | Market Cap Arena

TGLSTecnoglass Inc.

Mkt Cap$2B

Basic Materials·Construction Materials· Colombia·NYSE

Revenue (TTM)$984M

Net Income (TTM)$160M

EPS (TTM)$3.42

Free Cash Flow (TTM)$43M

Gross Margin42.8%

Op. Margin23.5%

Net Margin16.2%

FCF Margin4.4%

P/S Ratio (TTM)2.0x

P/E Ratio (TTM)12.5x

YoY Rev Growth+10.5%

Employees—

Earnings Reports

Revenue & Profitability

Quarter	Revenue	Gross Profit	Op. Income
Q1 23	$203M	$108M	$74M
Q2 23	$225M	$110M	$75M
Q3 23	$211M	$91M	$61M
Q4 23	$195M	$83M	$51M
Q1 24	$193M	$75M	$41M
Q2 24	$220M	$90M	$51M
Q3 24	$238M	$109M	$68M
Q4 24	$240M	$107M	$67M
Q1 25	$222M	$98M	$59M
Q2 25	$256M	$114M	$61M
Q3 25	$260M	$111M	$65M
Q4 25	$245M	$98M	$45M

Revenue Breakdown

Valuation

Quarter	P/S	P/E
Q1 23	2.6x	10.9x
Q2 23	2.4x	9.9x
Q3 23	2.4x	9.9x
Q4 23	2.4x	10.9x
Q1 24	2.4x	12.2x
Q2 24	2.4x	13.6x
Q3 24	2.4x	13.3x
Q4 24	2.2x	12.4x
Q1 25	2.2x	11.5x
Q2 25	2.1x	10.9x
Q3 25	2.0x	11.1x
Q4 25	2.0x	12.5x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 23	$43M	$28M
Q2 23	$151K	-$22M
Q3 23	$51M	$27M
Q4 23	$44M	$29M
Q1 24	$33M	$24M
Q2 24	$34M	$14M
Q3 24	$41M	$18M
Q4 24	$61M	$35M
Q1 25	$47M	$16M
Q2 25	$27M	-$6M
Q3 25	$40M	$21M
Q4 25	$31M	$11M

Capital Expenditures

CapEx

Quarter	CapEx
Q1 23	$16M
Q2 23	$22M
Q3 23	$24M
Q4 23	$16M
Q1 24	$10M
Q2 24	$20M
Q3 24	$24M
Q4 24	$26M
Q1 25	$30M
Q2 25	$33M
Q3 25	$19M
Q4 25	$20M

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 23	+50.6%	+28.2%
Q2 23	+33.2%	+22.0%
Q3 23	+4.4%	+13.7%
Q4 23	-7.8%	+7.3%
Q1 24	-4.9%	+17.6%
Q2 24	-2.5%	+11.8%
Q3 24	+13.1%	+14.0%
Q4 24	+23.1%	+19.7%
Q1 25	+15.4%	+7.5%
Q2 25	+16.3%	+15.3%
Q3 25	+9.3%	+14.3%
Q4 25	+2.4%	+16.3%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 23	$0	0.0%
Q2 23	$0	0.0%
Q3 23	$0	0.0%
Q4 23	$0	0.0%
Q1 24	$0	0.0%
Q2 24	$0	0.0%
Q3 24	$0	0.0%
Q4 24	$0	0.0%
Q1 25	$0	0.0%
Q2 25	$0	0.0%
Q3 25	$0	0.0%
Q4 25	$0	0.0%

OpEx Breakdown

Quarter	G&A	S&M
Q1 23	$18M	$16M
Q2 23	$15M	$20M
Q3 23	$14M	$16M
Q4 23	$17M	$3M
Q1 24	$16M	$18M
Q2 24	$18M	$20M
Q3 24	$18M	$23M
Q4 24	$22M	$4M
Q1 25	$19M	$24M
Q2 25	$23M	$30M
Q3 25	$21M	$26M
Q4 25	$27M	$26M

Revenue Segments

Quarter	External Customers	Related Parties	Fixed Price Contracts	Product Sales	Commercial	Residential
Q1 23	$202M	$333K	—	—	—	—
Q2 23	—	—	$32M	$193M	—	—
Q3 23	—	—	$36M	$175M	—	—
Q1 24	—	—	$33M	$160M	—	—
Q2 24	—	—	$31M	$188M	—	—
Q3 24	—	—	$44M	$195M	—	—
Q1 25	—	—	—	—	$133M	$89M
Q2 25	—	—	—	—	$146M	$110M
Q3 25	—	—	—	—	$147M	$113M
Q4 25	—	—	—	—	$154M	$91M

Revenue by Geography

Quarter	Colombia	Other	Panama	United States
Q1 23	$6M	$2M	$270K	$195M
Q2 23	$6M	$4M	$314K	$215M
Q3 23	$7M	$3M	$433K	$200M
Q4 23	$6M	$3M	$365K	$185M
Q1 24	$5M	$3M	$94K	$184M
Q2 24	$6M	$4M	$434K	$210M
Q3 24	$5M	$4M	$283K	$228M
Q1 25	$6M	$3M	$455K	$212M
Q2 25	$7M	—	$54K	$242M
Q3 25	$8M	$6M	$106K	$246M
Q4 25	$11M	$9M	$145K	$232M

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 23	$129M	$2M	$131M
Q2 23	$105M	$2M	$107M
Q3 23	$119M	$2M	$121M
Q4 23	$130M	$3M	$132M
Q1 24	$136M	$3M	$139M
Q2 24	$127M	$3M	$130M
Q3 24	$122M	$3M	$125M
Q4 24	$135M	$3M	$138M
Q1 25	$157M	$3M	$160M
Q2 25	$138M	$3M	$141M
Q3 25	$124M	$3M	$127M
Q4 25	$101M	$3M	$104M

Shares Outstanding

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change
Q1 23	48M	+0.0%
Q2 23	48M	-0.0%
Q3 23	48M	-0.2%
Q4 23	47M	-1.1%
Q1 24	47M	-0.2%
Q2 24	47M	-0.0%
Q3 24	47M	+0.0%
Q4 24	47M	-0.0%
Q1 25	47M	-0.0%
Q2 25	47M	+0.0%
Q3 25	47M	-0.1%
Q4 25	46M	-2.2%

Revenue Per Employee

Revenue / Employee

Year	Revenue/Employee	Employees
FY 14	$58K	3K
FY 15	$44K	5K
FY 16	$52K	6K
FY 17	$59K	5K
FY 18	$63K	6K
FY 19	$78K	6K
FY 20	$67K	6K
FY 21	$72K	7K
FY 22	$82K	9K
FY 23	$98K	9K
FY 24	$90K	10K
FY 25	$102K	10K