Tecnoglass Holdings Inc. (TGLS) Earnings: Q3 2026 Results

Last updated November 2026

Short answer

Tecnoglass reported revenue of $311 million for Q3 2026, up 19% from a year earlier (Tecnoglass, Nov 5, 2026). Diluted EPS was $0.38, down 62% from $1.01. Commercial brought in $192 million, up 31%. Every figure is from Tecnoglass's release. Walnut is informational, not investment advice.

TGLS Q3 2026 results

In one sentence

Tecnoglass reported revenue of $311 million for Q3 2026, up 19% from a year earlier (Tecnoglass, Nov 5, 2026).

MeasureQ3 2026Q3 2025Change
Revenue$311 million$260 millionup 19%
Diluted EPS (GAAP)$0.38$1.01down 62%
Diluted EPS (adjusted)$0.61$1.00down 39%
Net income$16.7 million$47.2 milliondown 65%

The quarter ended September 30, 2026 and Tecnoglass published the results on November 5, 2026. Revenue and diluted EPS are shown against Q3 2025, the same quarter a year earlier, which takes seasonal swings out of the comparison. Tecnoglass reports EPS two ways: GAAP, under the accounting rules every US filer follows, and adjusted, which leaves out items the company considers outside its operating results. The release reconciles the two, and when they diverge, the reconciliation says why.

  • Tecnoglass's November 5 release reported Q3 2026 net income of $22.8 million, or $0.51 per diluted share, with an income tax provision of $2.4 million. The Form 10-Q filed on November 9 records a tax provision of $8.5 million, net income of $16.7 million and diluted EPS of $0.38. The GAAP figures here are the 10-Q's; the adjusted EPS of $0.61 is from the release, which was built on the earlier net income figure.
  • Tecnoglass reports one segment. The end-market split (commercial, which the release calls multi-family/commercial, and residential) comes from the revenue note in the 10-Q.

Source: Tecnoglass Q3 2026 results, November 5, 2026. Also in the Form 10-Q for the quarter ended September 30, 2026. Figures as reported; checked against the release on November 10, 2026.

TGLS revenue by segment

How Tecnoglass splits revenue in its own release, under its own labels, for Q3 2026 against Q3 2025. Indented lines are parts of the line above them.

Revenue by end marketQ3 2026Q3 2025Change
Commercial$192 million$147 millionup 31%
Residential$118 million$113 millionup 4%
  • Tecnoglass's Commercial revenue was $192 million in Q3 2026, up 31% from $147 million in Q3 2025, 62% of total revenue.
  • Tecnoglass's Residential revenue was $118 million in Q3 2026, up 4% from $113 million in Q3 2025, 38% of total revenue.

Segment lines are the figures writers cite most often, because they show where the growth in a quarter came from. Companies redraw their segments from time to time and restate the prior year to match, so a year-ago figure here can differ from the one printed a year ago. When that has happened, the note above says so.

Tecnoglass's outlook for full year 2026

From the earnings release

In its Q3 2026 release (Santiago Giraldo, CFO), Tecnoglass said:

“Based on our performance year to date and the visibility provided by our order book, we are raising our full year 2026 revenue outlook to a range of $1.10 billion to $1.14 billion and adjusting our Adjusted EBITDA outlook to a range of $210 million to $220 million.”

“The change in our Adjusted EBITDA outlook mainly reflects the approximately $8.4 million non-cash inventory revaluation in the third quarter.”

“Looking ahead, we are committed to fully offsetting the impact of tariffs in 2027, as automation savings and full-year pricing are realized.”

Source: Tecnoglass Q3 2026 release, Nov 5, 2026.

This is the company's own guidance as of Nov 5, 2026, quoted as given. Walnut does not make forecasts of its own. Analyst estimates for the coming quarters are on the TGLS forecast page.

TGLS recent quarters

Revenue and diluted EPS for the last 5 quarters. Each date links to that quarter's release.

QuarterRevenueDiluted EPSReported
ended Sep 30, 2026
$311 million$0.38Nov 5, 2026
Q2 2026
ended Jun 30, 2026
$295 million$0.55Aug 6, 2026
Q1 2026
ended Mar 31, 2026
$249 million$0.71May 7, 2026
Q4 2025
ended Dec 31, 2025
$245 million$0.57Feb 26, 2026
Q3 2025
ended Sep 30, 2025
$260 million$1.01Nov 6, 2025

GAAP revenue and diluted EPS from each quarter's release, except Q3 2026, where diluted EPS is the $0.38 in the Form 10-Q. The Q3 2026 release first reported $0.51.

When does TGLS report earnings next?

We do not hold a confirmed date for Tecnoglass's next report. Companies post the date on their investor relations site a few weeks ahead, usually with the time of the conference call.

Past Tecnoglass quarterly reports

Each quarter keeps its own page with the figures as reported, so a link to one stays pointed at the same numbers after the next report.

  • Q3 2026 (this page), reported Nov 5, 2026

What Tecnoglass's revenue is made of

Tecnoglass makes aluminum and vinyl windows and architectural glass, and splits its revenue by end market. In Q3 2026 commercial revenue was $192.4 million, up 30.9% from a year earlier, and residential revenue was $118.1 million, up 4.1%, for a total of $310.6 million, up 19.2%. (Tecnoglass Q3 2026 release, Nov 5, 2026; Tecnoglass Form 10-Q, Q3 2026, Nov 9, 2026)

The United States is nearly all of the business: $295.1 million of Q3 2026 revenue, up 19.7%. Colombia contributed $11.8 million and other countries $3.7 million. In the 10-K, Tecnoglass said it supplies about 1,000 customers, that the United States accounted for 96% of 2025 revenue, and that its ten largest customers made up 33.9% of 2025 sales, with no single customer above 10%. (Tecnoglass Q3 2026 release, Nov 5, 2026; Tecnoglass Form 10-K, 2025, Mar 2, 2026)

Tecnoglass put the commercial growth down to execution on a record backlog as projects moved into more advanced stages. It said residential growth came from market share gains, geographic expansion and pricing, partly offset by orders customers placed in the second quarter ahead of its May price increase. A stronger Colombian Peso added $2.4 million to revenue. (Tecnoglass Q3 2026 release, Nov 5, 2026)

By revenue recognition method, fixed price contracts brought in $99.7 million in Q3 2026, against $68.3 million a year earlier, and product sales $210.9 million, against $192.2 million. Backlog reached a record $1.43 billion, up 13.2% from a year earlier. (Tecnoglass Form 10-Q, Q3 2026, Nov 9, 2026; Tecnoglass Q3 2026 release, Nov 5, 2026)

What Tecnoglass's EPS includes

Tecnoglass's GAAP diluted EPS fell to $0.38 in Q3 2026 from $1.01 a year earlier. Gross margin dropped to 34.1% from 42.7%. Tecnoglass said the Colombian Peso, up about 20% year over year, drove about 580 basis points of the 860 basis point decline, including an $8.4 million non-cash inventory revaluation. SG&A rose to $74.0 million from $47.3 million, including about $15.5 million of Section 232 tariff costs on finished aluminum window imports. (Tecnoglass Form 10-Q, Q3 2026, Nov 9, 2026; Tecnoglass Q3 2026 release, Nov 5, 2026)

The income tax provision in the 10-Q is $8.5 million, an effective rate of 33.6%, which Tecnoglass attributed to minimum income tax requirements for certain Colombian entities that reported tax losses. The release issued four days earlier showed a $2.4 million provision, $22.8 million of net income and $0.51 per diluted share. (Tecnoglass Form 10-Q, Q3 2026, Nov 9, 2026; Tecnoglass Q3 2026 release, Nov 5, 2026)

Adjusted EPS of $0.61, from the release, excludes non-cash foreign exchange transaction gains and losses ($3.3 million of losses in the quarter), the mark-to-market of certain derivatives and other non-core items. Diluted weighted average shares fell to 44,364,801 from 46,847,728 a year earlier; Tecnoglass repurchased 372,910 shares for $16.5 million in the first nine months of 2026. (Tecnoglass Q3 2026 release, Nov 5, 2026; Tecnoglass Form 10-Q, Q3 2026, Nov 9, 2026)

Diluted EPS divides net income by the weighted average number of shares outstanding in the quarter, plus the shares that options and other equity awards could add. Buybacks shrink that count and lift EPS for the same profit; share issuance and stock awards enlarge it.

Consensus and guidance at Tecnoglass

Tecnoglass gives a full-year outlook in its releases. With Q3 2026 results it raised its 2026 revenue outlook to $1.10 billion to $1.14 billion and set Adjusted EBITDA at $210 million to $220 million, a change it said mainly reflects the $8.4 million non-cash inventory revaluation. (Tecnoglass Q3 2026 release, Nov 5, 2026)

A consensus figure is the average of the models published by the analysts who cover Tecnoglass, collected by a data provider and revised up to the day of the report. A quarter that lands above it says how expectations were set as much as how the business did, and the share price on the day also reflects the guidance and the lines no consensus covers.

The consensus figures on this page are Yahoo Finance's, as pulled on the date shown. Each comes with the number of analysts behind it; the smaller that number, the more one revised estimate can move the average.

The numbers analysts watch at Tecnoglass

The figures below are the ones Tecnoglass's own release and filings put weight on for Q3 2026, with the latest reported value for each.

MetricLatest reported
Backlog
$1.43 billion, a record, up 13.2% from a year earlier
Gross margin
34.1%, down from 42.7%
About 250 basis points came from an $8.4 million non-cash inventory revaluation tied to the Peso
Adjusted EBITDA
$47.7 million, 15.3% of revenue
Against $79.1 million, or 30.4%, a year earlier
Commercial revenue
$192.4 million, up 30.9%
Effective tax rate
33.6%, against 30.6% a year earlier
Total liquidity
About $380 million
$97.7 million of cash and $280 million of revolver availability; total debt $293.6 million

What the quarter means for a holding is a separate question from what it reported. The case for and against owning TGLS is on is TGLS a buy or a sell?, what analysts expect next is on the TGLS forecast, and what the company does is on the Tecnoglass Holdings Inc. (TGLS) stock page.

How to check TGLS's figures yourself

Every number on this page can be traced to a document Tecnoglass published. Checking one takes a couple of minutes, and it is worth doing before you quote a figure anywhere.

  • The results release is the document linked in the source line above. Companies publish it on their investor relations site at the moment results go out, and it carries the headline tables: revenue, operating income, net income and EPS for the quarter and the year-ago quarter.
  • The same release is filed with the SEC as Exhibit 99.1 to a Form 8-K under Item 2.02, usually on the day of the report. The SEC copy does not change after the fact, which makes it the safer thing to link when you cite a number.
  • The quarterly report (Form 10-Q) follows within a few weeks and carries the full financial statements, the segment note and management's discussion of what changed. The fourth quarter is covered by the annual report (Form 10-K) instead.
  • Restated comparisons are flagged in the notes on this page. When a company redraws its segments or changes how it adjusts EPS, it restates the year-ago column, so the year-ago figure in a new release can differ from the one printed a year ago. This page always uses the comparison in the newer release, because that is the like-for-like one.

A walk-through of every line in a release, with what each one tells you, is in how to read an earnings report.

Your questions about Tecnoglass

Ask Walnut's AI anything about TGLS and see how it fits what you own.

FAQ

What was Tecnoglass's revenue last quarter?

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Tecnoglass reported revenue of $311 million for Q3 2026, the quarter ended September 30, 2026, against $260 million in Q3 2025 (up 19%). The figures come from Tecnoglass's results release of November 5, 2026.

What were TGLS's earnings per share for Q3 2026?

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Diluted EPS was $0.38 on a GAAP basis, against $1.01 a year earlier. On Tecnoglass's adjusted basis it was $0.61, against $1.00. The two differ because the adjusted figure leaves out items the company treats as outside its operating results; the release reconciles one to the other.

What guidance did Tecnoglass give for full year 2026?

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In its Q3 2026 release, Tecnoglass said: "Based on our performance year to date and the visibility provided by our order book, we are raising our full year 2026 revenue outlook to a range of $1.10 billion to $1.14 billion and adjusting our Adjusted EBITDA outlook to a range of $210 million to $220 million. The change in our Adjusted EBITDA outlook mainly reflects the approximately $8.4 million non-cash inventory revaluation in the third quarter. Looking ahead, we are committed to fully offsetting the impact of tariffs in 2027, as automation savings and full-year pricing are realized." That is the company's own outlook as of Nov 5, 2026, and companies revise outlooks as the quarter goes on.

When does TGLS report earnings next?

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We do not hold a confirmed date for Tecnoglass's next report. Companies announce the date on their investor relations site a few weeks ahead, usually with the time of the call.

Where does Tecnoglass's revenue come from?

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Tecnoglass's Commercial revenue was $192 million in Q3 2026, up 31% from $147 million in Q3 2025, 62% of total revenue. Tecnoglass's Residential revenue was $118 million in Q3 2026, up 4% from $113 million in Q3 2025, 38% of total revenue. These are the lines of Tecnoglass's own "revenue by end market" table for Q3 2026.

How much did Tecnoglass's revenue grow last quarter?

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Up 19% on the year: $311 million in Q3 2026 against $260 million in Q3 2025. That is the year-over-year comparison, the same quarter a year apart, so seasonal patterns in Tecnoglass's business do not distort it.

What is the difference between Tecnoglass's GAAP and adjusted EPS?

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GAAP EPS follows US accounting rules and is the figure in the audited statements. Tecnoglass's adjusted EPS starts from it and removes items the company considers outside its operating results; the release lists each adjustment in a reconciliation table. For Q3 2026 the two were $0.38 and $0.61. Analysts' EPS estimates are usually built on the adjusted figure, so check which one a headline compares before you repeat it.

Where do the TGLS numbers on this page come from?

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From Tecnoglass's own results release and its Form 10-Q for the quarter ended September 30, 2026, copied as printed, in millions of US dollars. Percent changes are worked out from those figures and rounded to a whole percent, which matches how the release states them. Nothing on this page is an estimate except the consensus, which is labelled with its source and date.

Walnut is informational, not investment advice. Reported figures are copied from Tecnoglass's results release and filings; consensus figures, where shown, are third-party estimates captured before the report. Verify figures against the source before relying on them.

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