Tecnoglass Holdings Inc. TGLS
is a leading vertically integrated manufacturer, supplier and installer of high-end aluminum and vinyl windows and architectural glass
for the global commercial and residential construction markets. Tecnoglass earned the #1 spot on Forbe's list of America's
100 most successful small-cap companies for 2024, and was ranked among the four largest glass fabricators in 2025 by Glass Magazine.
Headquartered Miami, Florida,, the Company maintains its principal manufacturing operations in Colombia and operates out of aproximately
Valuation FY2025 figures against the last close
Where the revenue comes from as reported in the latest 10-K
Revenue by geography
- United States
- Colombia
- Other
| Region | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| United States | $932.9M | $849.9M | $795.1M |
| Colombia | $31.7M | $25.0M | $25.1M |
| Other | $19.0M | $15.3M | $13.1M |
As the company reported it, from the “Schedule of Revenue from External Customers By Geographic Information (Details)” note of its latest 10-K. Every figure here has been checked against the total revenue the same filing reported. Regions are the filer's own and are not mapped onto a standard list — one company's “Americas” and another's “United States” are different areas, and making them look comparable would mean making at least one of them wrong. Slices under 1% are folded into “Other”.
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $983.6M | $890.2M | $833.3M | $716.6M | $496.8M | $376.6M | $430.9M | $371.0M | $314.5M | $305.0M |
| Cost of revenue | $562.2M | $510.2M | $442.3M | $367.1M | $294.2M | $237.2M | $295.1M | $250.8M | $215.3M | $192.4M |
| Gross profit | $421.4M | $380.0M | $390.9M | $349.5M | $202.6M | $139.4M | $135.8M | $120.2M | $99.2M | $112.6M |
| SG&A | $90.9M | $71.7M | $63.1M | $54.1M | $35.8M | $34.7M | $35.1M | $33.6M | $31.0M | $27.8M |
| Total operating expenses | $196.3M | $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 expense | $6.0M | $6.2M | $7.9M | $6.8M | $8.5M | $20.7M | $22.8M | $21.2M | $19.9M | $16.8M |
| Pre-tax income | $235.3M | $225.2M | $261.4M | $231.2M | $96.9M | $36.9M | $37.2M | $14.5M | $11.5M | $39.3M |
| Income tax | $75.7M | $63.8M | $77.9M | $74.8M | $28.5M | $13.0M | $12.9M | $6.0M | $5.8M | $16.1M |
| Net income | $159.6M | $161.3M | $182.9M | $155.7M | $68.2M | $23.9M | $24.5M | $9.0M | $5.4M | $23.2M |
| EPS, basic | 3.42 | 3.43 | 3.85 | 3.27 | 1.43 | 0.51 | 0.55 | 0.22 | 0.16 | 0.71 |
| EPS, diluted | 3.42 | 3.43 | 3.85 | 3.27 | 1.43 | 0.51 | 0.55 | 0.21 | 0.15 | 0.69 |
| Shares, diluted (wtd. avg.) | 46.7M | 47.0M | 47.5M | 47.7M | 47.7M | 46.4M | 44.5M | 39.5M | 37.4M | 33.4M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $100.9M | $134.9M | $129.5M | $103.7M | $85.0M | $67.7M | $47.9M | $33.0M | $40.9M | $26.9M |
| Short-term investments | $3.1M | $2.6M | $2.9M | $2.0M | $2.0M | $2.4M | $2.3M | $1.2M | $1.7M | $1.5M |
| Receivables | $239.4M | $202.9M | $166.5M | $158.4M | $110.5M | $89.4M | $110.6M | $92.8M | $110.5M | $92.3M |
| Inventory | $213.5M | $139.6M | $159.1M | $125.0M | $85.0M | $81.2M | $82.7M | $91.8M | $71.7M | $55.1M |
| Total current assets | $653.6M | $560.0M | $535.8M | $432.1M | $326.3M | $285.2M | $322.8M | $293.4M | $261.9M | $210.7M |
| Property, plant and equipment | $476.2M | $344.4M | $324.6M | $202.9M | $166.6M | $152.5M | $154.6M | $149.2M | $168.7M | $170.8M |
| Goodwill | $30.1M | $23.6M | $23.6M | $23.6M | $23.6M | $23.6M | $23.6M | $23.6M | $23.1M | $1.3M |
| Other intangibles | $13.0M | $4.4M | $3.5M | $2.7M | $3.3M | $5.1M | $6.7M | $9.0M | $11.5M | $4.6M |
| Total assets | $1.26B | $1.02B | $962.7M | $734.3M | $591.6M | $530.1M | $569.7M | $489.8M | $468.0M | $394.7M |
| Accounts payable | $127.2M | $98.8M | $82.8M | $90.2M | $68.1M | $42.3M | $61.9M | $65.5M | $55.2M | $39.0M |
| Short-term debt | $427.0K | $1.1M | $7.0M | $504.0K | $10.7M | $1.8M | $16.1M | $21.6M | $3.3M | $2.7M |
| Total current liabilities | $351.7M | $265.8M | $235.9M | $209.8M | $155.0M | $94.1M | $129.0M | $122.6M | $121.4M | $78.4M |
| Long-term debt | $171.2M | $108.2M | $163.0M | $169.0M | $188.4M | $222.7M | $243.7M | $220.7M | $221.0M | $196.9M |
| Total liabilities | $547.3M | $385.5M | $414.7M | $384.0M | $346.9M | $321.6M | $382.5M | $356.5M | $346.3M | $281.2M |
| Retained earnings | $670.6M | $538.8M | $400.0M | $234.3M | $91.0M | $29.9M | $16.2M | $10.4M | $22.2M | $26.5M |
| Total equity | $713.1M | $631.2M | $548.0M | $350.3M | $244.7M | $208.5M | $183.1M | $133.2M | $121.7M | $113.6M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $135.8M | $170.5M | $138.8M | $141.9M | $117.3M | $71.7M | $25.7M | -$5.0M | $14.2M | -$3.1M |
| Depreciation and amortisation | $30.7M | $22.2M | $18.5M | $16.5M | $17.3M | $17.1M | $18.4M | $18.8M | $17.5M | $14.5M |
| Stock-based compensation | — | — | — | — | — | — | — | — | $284.0K | $300.0K |
| Capital expenditure | $101.3M | $79.6M | $78.0M | $71.3M | $51.5M | $18.3M | $25.0M | $13.1M | $7.0M | $22.9M |
| Investing cash flow | -$87.6M | -$77.3M | -$76.0M | -$72.6M | -$50.8M | -$18.1M | -$59.1M | -$18.7M | -$14.9M | -$24.7M |
| Financing cash flow | -$85.5M | -$84.5M | -$42.8M | -$44.8M | -$43.8M | -$33.5M | $48.3M | $17.0M | $14.8M | $31.5M |
| Dividends paid | $28.1M | $19.7M | $16.4M | $12.9M | $5.2M | $3.8M | $5.2M | $2.7M | $2.5M | $741.0K |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001493152-26-008465.
Plot the figures US dollars
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $305.0M | $314.5M | $371.0M | $430.9M | $376.6M | $496.8M | $716.6M | $833.3M | $890.2M | $983.6M |
| Gross profit | $112.6M | $99.2M | $120.2M | $135.8M | $139.4M | $202.6M | $349.5M | $390.9M | $380.0M | $421.4M |
| Net income | $23.2M | $5.4M | $9.0M | $24.5M | $23.9M | $68.2M | $155.7M | $182.9M | $161.3M | $159.6M |
Recent filings and events
- Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
- Charter or fiscal year changed A change to the company's governing documents, or to when its year ends. Item 5.03
- Shareholder rights changed The terms attaching to the shares themselves have changed. Item 3.03
- Charter or fiscal year changed Item 5.03
- Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
- Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
- Shareholder vote The results of the annual meeting or a special vote. Item 5.07
- Other event Item 8.01
- Results announced Item 2.02
- Results announced Item 2.02
- Other event Item 8.01
- Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.