TGLS on NYSE
Tecnoglass Holdings Inc.
Flat glass company in the Cayman Islands, incorporated in the Cayman Islands. Summary from the record
$37.63 up 0.86 (2.34%)Price as of Oct 15, 2026 at 17:33 UTC
Last updated Oct 19, 2026.
Overview
- TickerTGLS on NYSE1
- IndustryFlat Glass1
- HeadquartersMiami, Florida1
- Incorporated inCayman Islands3
- Business address3550 Nw 49Th Street,, Miami, Fl 331423
- Filer categoryLarge accelerated filer3
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100 most successful small-cap companies for 2024, and was ranked among the four largest glass fabricators in 2025 by Glass Magazine.4 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
What sells
Revenue by product, business segment and region, as the company reports it to the SEC.
Products and services
Windows and Architectural Systems brought in 31% of the revenue Tecnoglass Holdings Inc. broke down this way in fiscal 2025.
Products and services by year
| Products and services | 2023 | 2024 | 2025 |
|---|---|---|---|
| Windows and Architectural Systems | $751.8M | $810.0M | $922.2M |
| Product Sales | $705.0M | $728.2M | $720.0M |
| Commercial | $497.9M | $518.1M | $580.2M |
| Residential | $335.4M | $372.1M | $403.4M |
| Fixed Price Contracts | $128.3M | $162.0M | $263.6M |
| Glass and Framing Components | $81.5M | $80.2M | $61.4M |
Regions
United States brought in 95% of the revenue Tecnoglass Holdings Inc. broke down this way in fiscal 2025.
Regions by year
| Regions | 2023 | 2024 | 2025 |
|---|---|---|---|
| United States | $795.1M | $849.9M | $932.9M |
| CO | $25.1M | $25.0M | $31.7M |
| Other | $11.7M | $14.1M | $18.2M |
| PA | $1.4M | $1.2M | $760.0K |
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Cost of revenue57¢$562.2M
- Other costs18¢$180.2M
- Interest1¢$6.0M
- Income tax8¢$75.7M
- Profit16¢$159.6M
Out of $983.6M in revenue.5
Where each dollar of operating cash went, fiscal 2025
- Capital spending75¢$101.3M
- Dividends paid21¢$28.1M
- Kept or used elsewhere5¢$6.4M
Out of $135.8M of cash from operations.5
Financial statements
Every line of the income statement as filed: the last 3 fiscal years, latest first.5
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Total operating revenues | $983.6M | $890.2M | $833.3M |
| Cost of sales | $562.2M | $510.2M | $442.3M |
| Gross profit | $421.4M | $380.0M | $390.9M |
| Selling expense | -$105.4M | -$81.3M | -$68.1M |
| General and administrative expense | -$90.9M | -$71.7M | -$63.1M |
| Total operating expenses | -$196.3M | -$153.0M | -$131.2M |
| Other operating income | $5.6M | ||
| Operating income | $230.7M | $227.0M | $259.8M |
| Non-operating income, net | $3.1M | $5.9M | $5.1M |
| Foreign currency transactions gains/(loss) | $3.8M | -$5.7M | $686.0K |
| Loss on debt extinguishment | -$1.4M | ||
| Interest expense and deferred cost of financing | -$3.4M | -$7.4M | -$9.2M |
| Equity method income | $2.5M | $5.4M | $5.0M |
| Income before taxes | $235.3M | $225.2M | $261.4M |
| Income tax provision | -$75.7M | -$63.8M | -$77.9M |
| Net income | $159.6M | $161.3M | $183.5M |
| Income attributable to non-controlling interest | -$628.0K | ||
| Income attributable to parent | $159.6M | $161.3M | $182.9M |
| Basic income per share | $3.42 | $3.43 | $3.85 |
| Diluted income per share | $3.42 | $3.43 | $3.85 |
| Basic weighted average common shares outstanding | 46.7M shares | 47.0M shares | 47.5M shares |
| Diluted weighted average common shares outstanding | 46.7M shares | 47.0M shares | 47.5M shares |
| Foreign currency translation adjustments | $72.2M | -$53.2M | $63.1M |
| Change in fair value derivative contracts | -$4.1M | -$2.1M | -$2.7M |
| Other Comprehensive Income (loss) | $68.1M | -$55.3M | $60.3M |
| Total Comprehensive income | $227.6M | $106.0M | $243.8M |
| Income attributable to non-controlling interest | -$628.0K | ||
| Total comprehensive income attributable to parent | $227.6M | $106.0M | $243.2M |
No quarter-by-quarter statement was filed.
Every line of the balance sheet as filed: the last 4 fiscal years (annual) or 4 quarters (quarterly), latest first.5
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Cash and cash equivalents | $100.9M | $134.9M | ||
| Investments | $3.1M | $2.6M | ||
| Trade accounts receivable, net | $239.4M | $202.9M | ||
| Inventories | $213.5M | $139.6M | ||
| Contract assets current portion | $31.8M | $22.9M | ||
| Other current assets | $62.7M | $54.3M | ||
| Total current assets | $653.6M | $560.0M | ||
| Property, plant and equipment, net | $476.2M | $344.4M | ||
| Long term accounts receivable | $1.7M | |||
| Deferred income taxes | $1.3M | $285.0K | ||
| Contract assets non-current | $20.5M | $15.2M | ||
| Intangible assets | $13.0M | $4.4M | ||
| Goodwill | $30.1M | $23.6M | ||
| Equity method investment | $57.4M | $63.3M | ||
| Other long-term assets | $6.7M | $5.5M | ||
| Total long-term assets | $606.8M | $456.6M | ||
| Total assets | $1.3B | $1.0B | ||
| Short-term debt and current portion of long-term debt | $427.0K | $1.1M | ||
| Trade accounts payable and accrued expenses | $127.2M | $98.8M | ||
| Dividends payable | $6.7M | $7.1M | ||
| Contract liability current portion | $149.4M | $98.0M | ||
| Total current liabilities | $351.7M | $265.8M | ||
| Deferred income taxes | $22.4M | $11.4M | ||
| Contract liability non-current | $2.0M | |||
| Long-term debt | $171.2M | $108.2M | ||
| Total long-term liabilities | $195.6M | $119.6M | ||
| Total liabilities | $547.3M | $385.5M | ||
| Ordinary shares, $0.0001 par value, 100,000,000 shares authorized, 46,389,146 shares issued, and 44,737,726 shares outstanding at December 31, 2025; and, 46,991,558 shares issued and outstanding at December 31, 2024 | $5.0K | $5.0K | ||
| Treasury stock | -$79.2M | |||
| Legal Reserves | $1.5M | $1.5M | ||
| Additional paid-in capital | $153.4M | $192.1M | ||
| Retained earnings | $670.6M | $538.8M | ||
| Accumulated other comprehensive (loss) | -$33.1M | -$101.2M | ||
| Shareholders equity attributable to controlling interest | $713.1M | $631.2M | $548.0M | $350.3M |
| Total liabilities and shareholders equity | $1.3B | $1.0B | ||
| Preferred shares, par value | $0.00 | $0.00 | ||
| Preferred shares, shares authorized | 1.0M shares | 1.0M shares | ||
| Preferred shares, shares issued | 0 shares | 0 shares | ||
| Preferred shares, shares outstanding | 0 shares | 0 shares | ||
| Ordinary shares, par value | $0.00 | $0.00 | ||
| Ordinary shares, shares authorized | 100.0M shares | 100.0M shares | ||
| Ordinary shares, shares issued | 46.4M shares | 47.0M shares | ||
| Ordinary shares, shares outstanding | 44.7M shares | 47.0M shares |
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Cash and cash equivalents | $100.9M | $134.9M | ||
| Investments | $3.1M | $2.6M | ||
| Trade accounts receivable, net | $239.4M | $202.9M | ||
| Inventories | $213.5M | $139.6M | ||
| Contract assets current portion | $31.8M | $22.9M | ||
| Other current assets | $62.7M | $54.3M | ||
| Total current assets | $653.6M | $560.0M | ||
| Property, plant and equipment, net | $476.2M | $344.4M | ||
| Long term accounts receivable | $1.7M | |||
| Deferred income taxes | $1.3M | $285.0K | ||
| Contract assets non-current | $20.5M | $15.2M | ||
| Intangible assets | $13.0M | $4.4M | ||
| Goodwill | $30.1M | $23.6M | ||
| Equity method investment | $57.4M | $63.3M | ||
| Other long-term assets | $6.7M | $5.5M | ||
| Total long-term assets | $606.8M | $456.6M | ||
| Total assets | $1.3B | $1.0B | ||
| Short-term debt and current portion of long-term debt | $427.0K | $1.1M | ||
| Trade accounts payable and accrued expenses | $127.2M | $98.8M | ||
| Dividends payable | $6.7M | $7.1M | ||
| Contract liability current portion | $149.4M | $98.0M | ||
| Total current liabilities | $351.7M | $265.8M | ||
| Deferred income taxes | $22.4M | $11.4M | ||
| Contract liability non-current | $2.0M | |||
| Long-term debt | $171.2M | $108.2M | ||
| Total long-term liabilities | $195.6M | $119.6M | ||
| Total liabilities | $547.3M | $385.5M | ||
| Ordinary shares, $0.0001 par value, 100,000,000 shares authorized, 46,389,146 shares issued, and 44,737,726 shares outstanding at December 31, 2025; and, 46,991,558 shares issued and outstanding at December 31, 2024 | $5.0K | $5.0K | ||
| Treasury stock | -$79.2M | |||
| Legal Reserves | $1.5M | $1.5M | ||
| Additional paid-in capital | $153.4M | $192.1M | ||
| Retained earnings | $670.6M | $538.8M | ||
| Accumulated other comprehensive (loss) | -$33.1M | -$101.2M | ||
| Shareholders equity attributable to controlling interest | $713.1M | $631.2M | $548.0M | $350.3M |
| Total liabilities and shareholders equity | $1.3B | $1.0B | ||
| Preferred shares, par value | $0.00 | $0.00 | ||
| Preferred shares, shares authorized | 1.0M shares | 1.0M shares | ||
| Preferred shares, shares issued | 0 shares | 0 shares | ||
| Preferred shares, shares outstanding | 0 shares | 0 shares | ||
| Ordinary shares, par value | $0.00 | $0.00 | ||
| Ordinary shares, shares authorized | 100.0M shares | 100.0M shares | ||
| Ordinary shares, shares issued | 46.4M shares | 47.0M shares | ||
| Ordinary shares, shares outstanding | 44.7M shares | 47.0M shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 3 fiscal years, latest first.5
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Net income | $159.6M | $161.3M | $183.5M |
| Provision for bad debts | $2.6M | $857.0K | $2.8M |
| Provision for obsolete inventory | $116.0K | $98.0K | $67.0K |
| Depreciation and amortization | $36.8M | $26.5M | $21.9M |
| Deferred income taxes | $7.6M | -$1.9M | $8.3M |
| Equity method income | -$2.5M | -$5.4M | -$5.0M |
| Gain on disposal of assets | -$4.1M | ||
| Deferred cost of financing | $935.0K | $1.2M | $1.2M |
| Other non-cash adjustments | $338.0K | $34.0K | $120.0K |
| Loss on debt extinguishment | $1.3M | ||
| Realized gain on derivative instruments | -$2.1M | ||
| Unrealized currency translation losses | -$22.5M | $12.0M | -$25.9M |
| Trade accounts receivable | -$25.3M | -$44.4M | -$780.0K |
| Inventories | -$45.1M | -$2.9M | -$522.0K |
| Prepaid expenses | -$4.2M | -$4.0M | -$2.8M |
| Other assets | -$5.9M | -$3.0M | -$27.5M |
| Other liabilities | -$92.0K | $94.0K | -$62.0K |
| Trade accounts payable and accrued expenses | $8.1M | $14.7M | -$17.4M |
| Taxes payable | -$3.8M | -$4.3M | -$12.9M |
| Labor liabilities | $1.9M | $1.1M | $1.1M |
| Contract assets and liabilities | $31.4M | $14.3M | $13.9M |
| Related parties | $683.0K | $4.3M | -$1.2M |
| CASH PROVIDED BY OPERATING ACTIVITIES | $135.8M | $170.5M | $138.8M |
| Business acquisition | -$6.8M | ||
| Sale of property and equipment | $12.3M | ||
| Dividends received | $8.9M | $2.7M | $2.3M |
| Purchase of investments | -$677.0K | -$429.0K | -$339.0K |
| Acquisition of property and equipment | -$101.3M | -$79.6M | -$78.0M |
| CASH USED IN INVESTING ACTIVITIES | -$87.6M | -$77.3M | -$76.0M |
| Cash dividend | -$28.1M | -$19.7M | -$16.4M |
| Share Repurchases | -$118.0M | -$291.0K | -$23.5M |
| Deferred financing costs and debt issuance fees | -$1.0M | ||
| Non controlling interest purchase | -$2.5M | -$3.0M | |
| Proceeds from debt | $176.0M | $2.5M | $196.0K |
| Repayments of debt | -$114.4M | -$64.5M | |
| CASH USED IN FINANCING ACTIVITIES | -$85.5M | -$84.5M | -$42.8M |
| Effect of exchange rate changes on cash and cash equivalents | $3.3M | -$3.3M | $5.8M |
| NET (DECREASE) INCREASE IN CASH | -$34.0M | $5.4M | $25.8M |
| Interest | $6.6M | $10.0M | $11.6M |
| Income Tax | $76.1M | $86.6M | $107.2M |
| Assets acquired under credit or debt | $9.0M | $6.4M | $9.3M |
| Unpaid portion of non-controlling interest purchase | $2.5M | ||
| Account payable for business acquisition | $3.6M |
No quarter-by-quarter statement was filed.
Leadership
Who has led Tecnoglass Holdings Inc., and when. Pick a name to see everywhere that person has worked.
Chief executive
Chief financial officer
Chief operating officer
- Chief executive officerJose M. Daes Mar 18, 2014 to Mar 9, 202313
- Chief executive officerB. Luke Weil Feb 6, 2013 to Feb 6, 201314
- Chief executive officerJulio A. Torres Mar 16, 2012 to Mar 16, 201215
- Chief executive officerSalom Luis Eduardo Robayo Mar 16, 2012 to Mar 16, 201216
- Chief financial officerSantiago Giraldo Aug 7, 2017 to Mar 11, 202417
- Chief financial officerJoaquin Fernandez Mar 18, 2014 to Apr 15, 201418
- Chief operating officerChristian T. Daes Mar 18, 2014 to Mar 9, 202319
Board members and other officers (13)
- OfficerJoaquin Fernandez Jul 16, 2014 to Feb 1, 201720
- Board memberAnne Louise Carricarte Aug 25, 2022 to now21
- Board memberCure Carlos Alfredo Cure Dec 11, 2019 to Dec 11, 201922
- Board memberVergara Luis Fernando Castro Nov 26, 2018 to Nov 26, 201823
- Board memberChristian T. Daes Mar 18, 2014 to Mar 9, 202319
- Board memberJose M. Daes Mar 18, 2014 to Mar 9, 202313
- Board memberJuan Carlos Vilarino Mar 18, 2014 to Oct 3, 201724
- Board memberSamuel R. Azout Mar 18, 2014 to Jan 3, 201825
- Board memberA. Lorne Weil Mar 16, 2012 to Nov 12, 202426
- Board memberJulio A. Torres Mar 16, 2012 to Nov 12, 202415
- Board memberMartha L. Byorum Mar 16, 2012 to Sep 3, 202127
- Board memberRudolf M. Hommes Mar 16, 2012 to Mar 16, 201228
- Board memberSalom Luis Eduardo Robayo Mar 16, 2012 to Mar 16, 201216
Former names
Timeline
Filings
148 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 72 major events, 20 insider forms, 12 large holders, 24 other. The latest 20:
- Sep 10, 20268-K EDGAR
- Aug 6, 202610-Q EDGAR
- Aug 6, 20268-K EDGAR
- Jul 20, 20268-K/A EDGAR
- Jul 7, 20268-K EDGAR
- Jun 25, 2026425 EDGAR
- Jun 25, 20268-K EDGAR
- Jun 16, 20268-K EDGAR
- Jun 10, 20268-K EDGAR
- May 18, 20264 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES EDGAR
- May 14, 2026424B4 EDGAR
- May 13, 2026SCHEDULE 13D/A EDGAR
- May 8, 2026EFFECT EDGAR
- May 8, 202610-Q EDGAR
- May 7, 20268-K EDGAR
- May 5, 2026CORRESP EDGAR
- May 4, 2026S-4/A EDGAR
- Apr 27, 2026UPLOAD EDGAR
- Apr 21, 2026S-4 EDGAR
- Apr 9, 20268-K EDGAR
The 148 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
21 open-market trades by officers, directors and large owners since October 2021: 10 buys and 11 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| May 15, 2026 | Energy Holding Corp10% owner | Buy | 19,121 | $40.27 | $770.0K | Form 4 |
| May 14, 2026 | Energy Holding Corp10% owner | Buy | 80,879 | $40.56 | $3.3M | Form 4 |
| Mar 13, 2026 | Energy Holding Corp10% owner | Buy | 107,629 | $45.11 | $4.9M | Form 4 |
| Mar 12, 2026 | Energy Holding Corp10% owner | Buy | 107,600 | $45.28 | $4.9M | Form 4 |
| Mar 11, 2026 | Energy Holding Corp10% owner | Buy | 92,066 | $44.24 | $4.1M | Form 4 |
| Mar 10, 2026 | Energy Holding Corp10% owner | Buy | 107,600 | $43.41 | $4.7M | Form 4 |
| Mar 9, 2026 | Energy Holding Corp10% owner | Buy | 107,000 | $41.06 | $4.4M | Form 4 |
| Mar 6, 2026 | Carricarte Anne LouiseDirector | Buy | 1,100 | $43.28 | $47.6K | Form 4 |
| Aug 14, 2025 | Energy Holding Corp10% owner | Sale | 1,495,898 | $79.03 | $118.2M | Form 4 |
| May 13, 2025 | Energy Holding Corp10% owner | Sale | 1,490,000 | $82.30 | $122.6M | Form 4 |
| Nov 12, 2024 | WEIL A LORNEDirector | Sale | 88,173 | $72.71 | $6.4M | Form 4 |
| Nov 12, 2024 | Torres Julio A.Director | Sale | 30,520 | $72.83 | $2.2M | Form 4 |
| Nov 12, 2024 | Energy Holding Corp10% owner | Sale | 1,432,120 | $73.02 | $104.6M | Form 4 |
| Mar 8, 2024 | Giraldo SantiagoChief Financial Officer | Buy | 563 | $44.47 | $25.0K | Form 4 |
| May 19, 2023 | Energy Holding Corp10% owner | Sale | 2,300,000 | $41.07 | $94.5M | Form 4 |
| Mar 9, 2023 | Energy Holding Corp10% owner | Buy | 519,412 | $42.26 | $22.0M | Form 4 |
| Mar 9, 2023 | Daes Christian TChief Operating Officer | Sale | 204,632 | $42.26 | $8.6M | Form 4 |
| Mar 9, 2023 | Daes Jose MChief Executive Officer | Sale | 275,810 | $42.26 | $11.7M | Form 4 |
| Dec 1, 2022 | WEIL A LORNEDirector | Sale | 35,000 | $30.24 | $1.1M | Form 4 |
| Nov 9, 2022 | Torres Julio A.Director | Sale | 25,000 | $25.46 | $636.5K | Form 4 |
All 21 trades can be filtered by person here when JavaScript is on.
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- Energy Holding CorpSCHEDULE 13D/A, 6 filings May 26, 2023 to May 13, 202629
- FMR LLCSCHEDULE 13G/A, 5 filings Feb 9, 2024 to Nov 5, 202530
- AMERICAN CENTURY INVESTMENT MANAGEMENT INCSC 13G/A, 1 filing Feb 4, 202231
Held by these funds
The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026. Change is in shares since the quarter before.
| Fund | Shares | Value | Share of the fund | Change |
|---|---|---|---|---|
| Owls Nest Partners IA, LLC | 693,124 | $32.4M | 10.5% | New |
| Cooke & Bieler LP | 549,174 | $25.7M | 0.3% | New |
| Marshall Wace, Llp | 231,507 | $10.8M | 0.0% | New |
| Dark Forest Capital Management LP | 32,330 | $1.5M | 0.1% | New |
| Ensign Peak Advisors, Inc | 11,760 | $550.5K | 0.0% | New |
| Rothschild Investment LLC | 11,159 | $522.4K | 0.0% | New |
| Systematic Alpha Investments, LLC | 8,800 | $411.9K | 0.0% | New |
| Parallel Advisors, LLC | 787 | $36.8K | 0.0% | New |
| Aster Capital Management (DIFC) Ltd | 391 | $18.3K | 0.0% | New |
| SBI Securities Co., Ltd. | 385 | $18.0K | 0.0% | New |
| EverSource Wealth Advisors, LLC | 313 | $14.7K | 0.0% | New |
| Public Employees Retirement System Of Ohio | 212 | $9.9K | 0.0% | New |
| Price T Rowe Associates Inc /md/ | 31,577 | $1.5K | 0.0% | New |
| Essential Partners LLC | 24 | $1.1K | 0.0% | New |
| Arax Advisory Partners | 21 | $983 | 0.0% | New |
| Cornerstone Planning Group LLC | 17 | $769 | 0.0% | New |
| Fortitude Family Office, LLC | 14 | $655 | 0.0% | New |
| Creative Capital Management Investments LLC | 6 | $281 | 0.0% | New |
13F reports cover disclosed long positions in U.S. stocks only.
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1
- 2Yahoo FinanceTGLS quote
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- 20SEC EDGARJoaquin Fernandez, Officer
- 21SEC EDGARAnne Louise Carricarte, Board member
- 22
- 23
- 24SEC EDGARJuan Carlos Vilarino, Board member
- 25SEC EDGARSamuel R. Azout, Board member
- 26SEC EDGARA. Lorne Weil, Board member
- 27SEC EDGARMartha L. Byorum, Board member
- 28SEC EDGARRudolf M. Hommes, Board member
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