Tecnoglass Inc. (TGLS) Financial Statements (2026 and earlier)

Company Profile

Business Address 3550 NW 49TH STREET,
MIAMI, FL 33142
State of Incorp.
Fiscal Year End December 31
Industry (SIC) 3211 - Flat Glass (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)
Annual | Quarterly

3/31/2026
MRQ
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments104,051137,527132,415105,72086,98869,286
Cash and cash equivalent100,901134,882129,508103,67185,01166,899
Short-term investments3,1502,6452,9072,0491,9772,387
Receivables248,532209,499170,999165,582120,96596,942
Inventory, net of allowances, customer advances and progress billings166,470100,371122,46290,10952,53880,742
Inventory213,524139,642159,070124,99784,97580,742
Progress payments netted against inventory for long-term contracts or programs(47,054)(39,271)(36,608)(34,888)(32,437) 
Contract with customer, asset, after allowance for credit loss31,80922,92017,80012,61018,66726,288
Deferred costs2,7991,7823,3463,7406,026 
Derivative instruments and hedges, assets2,1834,327    
Other current assets62,72454,33258,59028,96322,85413,545
Other undisclosed current assets34,99029,25230,14825,41018,237 
Total current assets:653,558560,010535,760432,134326,275286,803
Noncurrent Assets
Property, plant, and equipment, after accumulated depreciation, depletion, and amortization476,159344,433324,591202,865166,629152,266
Long-term investments and receivables59,17363,26460,57059,06455,15551,004
Due from related parties✕✕✕✕  484
Long-term investments57,44363,26460,57057,83951,16047,535
Accounts and financing receivable, after allowance for credit loss1,730  1,2253,9952,985
Intangible asset, including goodwill, after accumulated amortization43,01827,95027,03626,26726,89828,673
Goodwill30,05923,56123,56123,56123,56123,561
Intangible asset, excluding goodwill, after accumulated amortization12,9594,3893,4752,7063,3375,112
Contract with customer, asset, after allowance for credit loss20,50615,2088,7978,87511,85310,228
Deferred income tax assets1,257285169558596268
Other noncurrent assets6,7215,4985,7944,5454,1572,783
Total noncurrent assets:606,834456,638426,957302,174265,288245,222
TOTAL ASSETS:1,260,3921,016,648962,717734,308591,563532,025
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:127,22898,84382,78490,18668,08442,178
Interest and dividends payable✕✕✕✕✕3,1448,527
Accrued liabilities6,7307,0744,2653,622  
Other undisclosed accounts payable and accrued liabilities120,49891,76978,51986,56464,94033,651
Deferred revenue149,44297,97972,54349,60145,21324,694
Debt4271,0877,00250410,7001,764
Program rights obligations 13,2061,8522,722   
Other liabilities    60,56624,0179,630
Due to related parties✕✕✕✕5,3233,8574,750
Other undisclosed current liabilities61,44366,06570,8353,6223,1448,527
Total current liabilities:351,746265,826235,886209,802155,01591,543
Noncurrent Liabilities
Long-term debt and lease obligation171,202108,220163,004168,980188,355222,722
Long-term debt, excluding current maturities171,202108,220163,004168,980188,355222,722
Liabilities, other than long-term debt24,39211,41915,8075,2013,4954,792
Deferred revenue1,988 141178977
Deferred income tax liabilities22,40411,41915,7935,1903,4173,170
Due to related parties✕✕✕✕  645
Total noncurrent liabilities:195,594119,639178,811174,181191,850227,514
Total liabilities:547,340385,465414,697383,983346,865319,057
Equity
Equity, attributable to parent, including:711,594629,725548,020348,820243,862212,382
Common stock555555
Treasury stock, value(79,218)     
Additional paid in capital153,358192,094192,385219,290219,290219,290
Accumulated other comprehensive loss(33,109)(101,161)(45,863)(106,187)(68,751)(43,512)
Retained earnings670,558538,787400,035234,25491,04534,326
Other undisclosed equity, attributable to parent  1,4581,4582,2732,273
Equity, attributable to noncontrolling interest    1,505836586
Other undisclosed equity 1,4581,458    
Total equity:713,052631,183548,020350,325244,698212,968
TOTAL LIABILITIES AND EQUITY:1,260,3921,016,648962,717734,308591,563532,025

Income Statement (P&L) ($ in thousands)
Annual | Quarterly

3/31/2026
TTM
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
Revenues983,610890,181833,265716,570496,785374,923
Cost of revenue
(Cost of Product and Service Sold)		(562,200)(510,209)(442,331)(367,071)(294,201)(235,669)
Other undisclosed gross profit      
Gross profit:421,410379,972390,934349,499202,584139,254
Operating expenses(196,310)(152,971)(131,172)(123,084)(85,599)(73,134)
Other undisclosed operating income5,641     
Operating income:230,741227,001259,762226,415116,98566,120
Nonoperating income (expense)6,8831935,8176,231(3,700)(8,650)
Investment income, nonoperating3,1275,8585,1314,218608(12)
Gain (loss), foreign currency transaction, before tax3,756(5,665)6862,013(4,308)(8,638)
Interest and debt expense(1,380) (7,935)(6,786)(10,699)(21,671)
Other undisclosed income from continuing operations before equity method investments, income taxes   3,770   
Income from continuing operations before equity method investments, income taxes:236,244227,194261,414225,860102,58635,799
Income from equity method investments    6,6804,1771,387
Other undisclosed loss from continuing operations before income taxes(952)(2,036) (1,370)(9,850) 
Income from continuing operations before income taxes:235,292225,158261,414231,17096,91337,186
Income tax expense(75,726)(63,849)(77,904)(74,758)(28,485)(13,001)
Income from continuing operations:159,566161,309183,510156,41268,42824,185
Income before gain (loss) on sale of properties:✕✕✕✕✕68,42824,185
Other undisclosed net loss      
Net income:159,566161,309183,510156,41268,42824,185
Net income (loss) attributable to noncontrolling interest   (628)(669)(277)25
Other undisclosed net income attributable to parent    277 
Net income attributable to parent:159,566161,309182,882155,74368,42824,210
Other undisclosed net loss available to common stockholders, basic     (277) 
Net income available to common stockholders, diluted:159,566161,309182,882155,74368,15124,210

Comprehensive Income ($ in thousands)
Annual | Quarterly

3/31/2026
TTM
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
Net income:159,566161,309183,510156,41268,42824,185
Other undisclosed comprehensive income (loss)68,052(55,298)60,324(37,436)(25,239)(4,248)
Comprehensive income:227,618106,011243,834118,97643,18919,937
Comprehensive income (loss), net of tax, attributable to noncontrolling interest   (628)(669)(277)25
Comprehensive income, net of tax, attributable to parent:227,618106,011243,206118,30742,91219,962

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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