Tecnoglass Inc. (TGLS)

Tecnoglass Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	977.89	890.18	833.27	716.57	496.79	376.61
Revenue Growth (YoY)	15.70%	6.83%	16.29%	44.24%	31.91%	-12.60%
Cost of Revenue	548.2	510.21	442.33	367.07	294.2	237.17
Gross Profit	429.68	379.97	390.93	349.5	202.58	139.44
Selling, General & Admin	180.51	151.23	124.83	113.91	84.55	72.6
Other Operating Expenses	-3.9	1.75	1.32	1.22	1.05	1.14
Operating Expenses	176.62	152.97	126.15	115.13	85.6	73.73
Operating Income	253.07	227	264.79	234.37	116.99	65.71
Interest Expense	-7.43	-7.43	-9.18	-8.16	-9.85	-21.67
Earnings From Equity Investments	4.53	5.4	5.01	6.68	4.18	1.39
Currency Exchange Gain (Loss)	1.4	-5.67	0.69	2.01	-4.31	-8.64
Other Non Operating Income (Expenses)	7.1	5.86	5.13	4.22	0.61	0.09
EBT Excluding Unusual Items	258.66	225.16	266.44	239.12	107.61	36.87
Legal Settlements	-	-	-5.02	-4.55	-	-
Other Unusual Items	-1.35	-	-	-3.4	-10.7	-
Pretax Income	257.3	225.16	261.41	231.17	96.91	36.87
Income Tax Expense	76.83	63.85	77.9	74.76	28.49	13.03
Earnings From Continuing Operations	180.48	161.31	183.51	156.41	68.43	23.84
Minority Interest in Earnings	-	-	-0.63	-0.67	-0.28	0.03
Net Income	180.48	161.31	182.88	155.74	68.15	23.88
Net Income to Common	180.48	161.31	182.88	155.74	68.15	23.88
Net Income Growth	19.81%	-11.80%	17.43%	128.53%	185.45%	-2.69%
Shares Outstanding (Basic)	47	47	48	48	48	46
Shares Outstanding (Diluted)	47	47	48	48	48	46
Shares Change (YoY)	-0.14%	-1.08%	-0.35%	-	2.75%	4.35%
EPS (Basic)	3.84	3.43	3.85	3.27	1.43	0.51
EPS (Diluted)	3.84	3.43	3.85	3.27	1.43	0.51
EPS Growth	20.09%	-10.90%	17.84%	128.53%	180.29%	-7.27%
Free Cash Flow	58.49	90.97	60.87	70.59	65.74	53.39
Free Cash Flow Per Share	1.25	1.94	1.28	1.48	1.38	1.15
Dividend Per Share	0.150	0.480	0.360	0.280	0.150	0.110
Dividend Growth	-64.29%	33.33%	28.57%	86.67%	36.36%	-73.81%
Gross Margin	43.94%	42.69%	46.92%	48.77%	40.78%	37.03%
Operating Margin	25.88%	25.50%	31.78%	32.71%	23.55%	17.45%
Profit Margin	18.46%	18.12%	21.95%	21.73%	13.72%	6.34%
Free Cash Flow Margin	5.98%	10.22%	7.31%	9.85%	13.23%	14.18%
EBITDA	283.44	250.67	284.46	252.23	136.6	84.99
EBITDA Margin	28.98%	28.16%	34.14%	35.20%	27.50%	22.57%
D&A For EBITDA	30.38	23.67	19.67	17.87	19.62	19.29
EBIT	253.07	227	264.79	234.37	116.99	65.71
EBIT Margin	25.88%	25.50%	31.78%	32.71%	23.55%	17.45%
Effective Tax Rate	29.86%	28.36%	29.80%	32.34%	29.39%	35.34%
Revenue as Reported	977.89	890.18	833.27	716.57	496.79	376.61
Advertising Expenses	-	2.5	2.25	1.61	1.46	0.99

Updated Nov 6, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q