Tecnoglass Inc. (TGLS) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 249.01M | 245.3M | 260.48M | 255.55M | 222.29M | 239.57M | 238.33M | 219.65M | 192.63M | 194.6M | 210.74M | 225.28M | 202.64M | 211.12M | 201.78M | 169.12M | 134.55M | 133.78M | 131.66M | 121.75M |
| Revenue Growth % | 12.02% | 2.39% | 9.29% | 16.34% | 15.4% | 23.11% | 13.09% | -2.5% | -4.94% | -7.82% | 4.44% | 33.2% | 50.61% | 57.81% | 53.26% | 38.91% | 20.61% | 30.68% | 27.44% | 48.58% |
| Cost of Goods Sold | 153.18M | 147.07M | 149.16M | 141.21M | 124.76M | 133.07M | 129.09M | 130.08M | 117.97M | 111.62M | 120.22M | 115.61M | 94.88M | 100.88M | 96.48M | 95.49M | 74.22M | 76.61M | 80.11M | 72.62M |
| COGS % of Revenue | 61.51% | 59.95% | 57.26% | 55.26% | 56.13% | 55.55% | 54.17% | 59.22% | 61.24% | 57.36% | 57.04% | 51.32% | 46.82% | 47.78% | 47.82% | 56.46% | 55.16% | 57.27% | 60.85% | 59.65% |
| Gross Profit | 95.83M | 98.23M | 111.32M | 114.33M | 97.53M | 106.5M | 109.23M | 89.58M | 74.66M | 82.98M | 90.53M | 109.67M | 107.75M | 110.24M | 105.3M | 73.63M | 60.33M | 57.17M | 51.55M | 49.13M |
| Gross Margin % | 38.49% | 40.05% | 42.74% | 44.74% | 43.87% | 44.45% | 45.83% | 40.78% | 38.76% | 42.64% | 42.96% | 48.68% | 53.18% | 52.22% | 52.18% | 43.54% | 44.84% | 42.73% | 39.15% | 40.35% |
| Gross Profit Growth % | -1.73% | -7.77% | 1.91% | 27.64% | 30.63% | 28.34% | 20.66% | -18.32% | -30.71% | -24.72% | -14.03% | 48.94% | 78.6% | 92.83% | 104.26% | 49.87% | 33.16% | 54.89% | 28.48% | 54.52% |
| Operating Expenses | 50.89M | 53.41M | 45.94M | 53.13M | 38.2M | 39.35M | 41.54M | 38.44M | 33.64M | 32.41M | 29.52M | 35.17M | 34.08M | 33.41M | 35.16M | 28.14M | 26.37M | 24.13M | 21.66M | 20.36M |
| OpEx % of Revenue | 20.44% | 21.77% | 17.64% | 20.79% | 17.18% | 16.43% | 17.43% | 17.5% | 17.46% | 16.66% | 14.01% | 15.61% | 16.82% | 15.82% | 17.43% | 16.64% | 19.6% | 18.04% | 16.45% | 16.72% |
| Selling, General & Admin | 5.09M | 53.41M | 47.3M | 53.13M | 42.47M | 25.82M | 41.54M | 38.44M | 33.64M | 20.28M | 29.52M | 35.17M | 34.08M | 17.74M | 35.16M | 28.14M | 26.37M | 15.98M | 21.66M | 20.36M |
| SG&A % of Revenue | 2.05% | 21.77% | 18.16% | 20.79% | 19.11% | 10.78% | 17.43% | 17.5% | 17.46% | 10.42% | 14.01% | 15.61% | 16.82% | 8.4% | 17.43% | 16.64% | 19.6% | 11.94% | 16.45% | 16.72% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 1000K | 0 | -1000K | -4K | -1000K | 1000K | 0 | 0 | 0 | 1000K | 0 | 0 | 0 | 1000K | 0 | 0 | 0 | 1000K | 0 | 0 |
| Operating Income | 44.94M | 44.83M | 65.38M | 61.2M | 59.33M | 67.15M | 67.69M | 51.13M | 41.02M | 50.57M | 61.01M | 74.5M | 73.68M | 76.83M | 70.13M | 45.49M | 33.97M | 33.04M | 29.89M | 28.77M |
| Operating Margin % | 18.05% | 18.27% | 25.1% | 23.95% | 26.69% | 28.03% | 28.4% | 23.28% | 21.3% | 25.99% | 28.95% | 33.07% | 36.36% | 36.39% | 34.76% | 26.9% | 25.24% | 24.7% | 22.7% | 23.63% |
| Operating Income Growth % | -24.25% | -33.25% | -3.42% | 19.69% | 44.63% | 32.79% | 10.95% | -31.36% | -44.32% | -34.18% | -13% | 63.79% | 116.92% | 132.53% | 134.65% | 58.12% | 33.55% | 88.38% | 47.92% | 88.95% |
| EBITDA | 55.62M | 55.15M | 75.34M | 70.34M | 66.67M | 73.89M | 74.64M | 57.61M | 47.34M | 56.61M | 66.94M | 79.65M | 78.45M | 81.43M | 74.76M | 50.7M | 39.22M | 38.36M | 34.99M | 33.99M |
| EBITDA Margin % | 22.34% | 22.48% | 28.93% | 27.53% | 29.99% | 30.84% | 31.32% | 26.23% | 24.57% | 29.09% | 31.76% | 35.36% | 38.71% | 38.57% | 37.05% | 29.98% | 29.15% | 28.67% | 26.57% | 27.91% |
| EBITDA Growth % | -16.57% | -25.36% | 0.95% | 22.11% | 40.84% | 30.53% | 11.5% | -27.67% | -39.66% | -30.48% | -10.46% | 57.1% | 100.03% | 112.28% | 113.68% | 49.17% | 27.62% | 68.92% | 37.63% | 68.33% |
| D&A (Non-Cash Add-back) | 10.68M | 10.32M | 9.96M | 9.14M | 7.34M | 6.74M | 6.94M | 6.47M | 6.31M | 6.04M | 5.93M | 5.15M | 4.77M | 4.6M | 4.63M | 5.21M | 5.25M | 5.32M | 5.1M | 5.22M |
| EBIT | 44.94M | 45.22M | 67.99M | 63.58M | 61.18M | 68.75M | 71.32M | 49.53M | 42.99M | 53.27M | 63.87M | 78.13M | 75.32M | 84.39M | 72.14M | 49.82M | 32.98M | 30.06M | 31.68M | 29.69M |
| Net Interest Income | 3.02M | -1.33M | 564K | -1.35M | -1.33M | -1.51M | -1.81M | -2.01M | -2.11M | -2.26M | -2.33M | -2.32M | -2.27M | -2.72M | -2.25M | -1.72M | -1.47M | 0 | -2.16M | -2.44M |
| Interest Income | 0 | 0 | 564K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | -3.02M | 1.33M | 0 | 1.35M | 1.33M | 1.51M | 1.81M | 2.01M | 2.11M | 2.26M | 2.33M | 2.32M | 2.27M | 2.72M | 2.25M | 1.72M | 1.47M | 0 | 2.16M | 2.44M |
| Other Income/Expense | -1.15M | 398K | 2.61M | 1.03M | 520K | 85K | 1.82M | -3.61M | -133K | 447K | 530K | 1.31M | -637K | 4.84M | -244K | 2.62M | -2.46M | -4.71M | -363K | -1.52M |
| Pretax Income | 43.79M | 45.22M | 67.99M | 62.23M | 59.85M | 67.23M | 69.51M | 47.52M | 40.89M | 51.02M | 61.54M | 75.81M | 73.04M | 81.67M | 69.89M | 48.1M | 31.51M | 28.33M | 29.52M | 27.25M |
| Pretax Margin % | 17.59% | 18.44% | 26.1% | 24.35% | 26.92% | 28.06% | 29.17% | 21.63% | 21.23% | 26.22% | 29.2% | 33.65% | 36.05% | 38.68% | 34.64% | 28.44% | 23.42% | 21.18% | 22.43% | 22.38% |
| Income Tax | 11.9M | 19.12M | 20.8M | 18.15M | 17.66M | 20.22M | 19.98M | 12.49M | 11.16M | 14.54M | 15.45M | 23.25M | 24.67M | 26.54M | 22.97M | 14.69M | 10.56M | 8.37M | 8.87M | 7.6M |
| Effective Tax Rate % | 27.18% | 42.27% | 30.59% | 29.16% | 29.51% | 30.07% | 28.74% | 26.29% | 27.29% | 28.5% | 25.1% | 30.66% | 33.78% | 32.5% | 32.86% | 30.54% | 33.51% | 29.55% | 30.03% | 27.9% |
| Net Income | 31.89M | 26.11M | 47.19M | 44.08M | 42.19M | 47.02M | 49.53M | 35.03M | 29.73M | 36.34M | 45.86M | 52.45M | 48.23M | 54.97M | 46.73M | 33.19M | 20.85M | 19.83M | 20.64M | 19.59M |
| Net Margin % | 12.81% | 10.64% | 18.12% | 17.25% | 18.98% | 19.62% | 20.78% | 15.95% | 15.43% | 18.67% | 21.76% | 23.28% | 23.8% | 26.04% | 23.16% | 19.63% | 15.5% | 14.82% | 15.68% | 16.09% |
| Net Income Growth % | -24.41% | -44.47% | -4.74% | 25.85% | 41.91% | 29.38% | 8.01% | -33.21% | -38.36% | -33.89% | -1.85% | 58% | 131.31% | 177.18% | 126.4% | 69.42% | 154.55% | 7.46% | 147.98% | 20.97% |
| Net Income (Continuing) | 31.89M | 26.11M | 47.19M | 44.08M | 42.19M | 47.02M | 49.53M | 35.03M | 29.73M | 36.48M | 46.09M | 52.56M | 48.37M | 55.12M | 46.92M | 33.41M | 20.95M | 19.96M | 20.66M | 19.64M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.99M | 1.76M | 1.64M | 1.5M | 1.35M | 1.16M | 936K | 836K | 737K | 713K |
| EPS (Diluted) | 0.71 | 0.57 | 1.01 | 0.94 | 0.90 | 1.00 | 1.05 | 0.75 | 0.63 | 0.77 | 0.96 | 1.10 | 1.01 | 1.15 | 0.98 | 0.70 | 0.44 | 0.41 | 0.43 | 0.41 |
| EPS Growth % | -21.11% | -43% | -3.81% | 25.33% | 42.86% | 29.87% | 9.38% | -31.82% | -37.62% | -33.04% | -2.04% | 57.14% | 129.55% | 180.49% | 127.91% | 70.73% | 158.82% | 2.5% | 138.89% | 17.14% |
| EPS (Basic) | 0.71 | 0.57 | 1.01 | 0.94 | 0.90 | 1.00 | 1.05 | 0.75 | 0.63 | 0.77 | 0.96 | 1.10 | 1.01 | 1.15 | 0.98 | 0.70 | 0.44 | 0.41 | 0.43 | 0.41 |
| Diluted Shares Outstanding | 44.63M | 45.9M | 46.94M | 46.99M | 46.99M | 46.99M | 47M | 47M | 47M | 47.09M | 47.6M | 47.67M | 47.67M | 47.67M | 47.67M | 47.67M | 47.67M | 47.67M | 47.67M | 47.67M |
| Basic Shares Outstanding | 44.63M | 45.9M | 46.94M | 46.99M | 46.99M | 46.99M | 47M | 47M | 47M | 47.09M | 47.6M | 47.67M | 47.67M | 47.67M | 47.67M | 47.67M | 47.67M | 47.67M | 47.67M | 47.67M |
| Dividend Payout Ratio | 21.04% | 26.75% | 14.94% | 15.99% | 16.71% | 10.99% | 10.43% | 14.75% | 14.26% | 11.75% | 9.35% | 8.18% | 7.42% | 6.5% | 6.63% | 9.33% | 14.86% | 6.61% | 6.35% | 6.69% |