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Tecnoglass Reports First Quarter 2026 Results

$TGLSPress releaseMay 7, 2026, 7:00 AM ETRead the release

Tecnoglass delivered record Q1 revenue of $249 million, up 12% year-over-year, driven by a 20.4% increase in multi-family and commercial segments. Backlog expanded 19.1% to a record $1.36 billion, providing strong visibility, while the company returned $23.2 million to shareholders through buybacks and dividends.

Key figures

Eps
0.71
Revenue
249000000
Guidance
FY26 revenue $1.06B-$1.13B, Adjusted EBITDA $225M-$245M
Revenue Yoy
12.0%
Capex
17264000
Backlog
1360000000
Gross margin
38.5%
Gross profit
95800000
Dividends paid
6700000
Adjusted ebitda
61500000
Total liquidity
425000000
Operating income
44941000
Share repurchases
16500000
Adjusted net income
34600000
Cash from operations
6715000
Adjusted ebitda margin
24.7%

AI analysis

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