Tecnoglass Inc. (TGLS) Earnings
Tecnoglass Inc. is expected to report next earnings on August 6, 2026 (in NaN days), with a consensus EPS estimate of $0.52. TGLS has beaten EPS estimates in 10 of its last 12 reported quarters (average surprise +4.4% over the last four).
| Report date | EPS est | EPS actual | Surprise | Revenue | Rev. surprise |
|---|---|---|---|---|---|
| May 7, 2026 | $0.72 | $0.78 | +8.3% | $249M | +2.7% |
| Nov 6, 2025 | $1.11 | $1.00 | -9.9% | $260M | +8.8% |
| Aug 7, 2025 | $0.95 | $1.03 | +8.4% | $256M | -3.5% |
| May 8, 2025 | $0.83 | $0.92 | +10.8% | $222M | -10.5% |
| Feb 27, 2025 | $1.01 | $1.05 | +4.0% | $240M | +8.1% |
| Nov 7, 2024 | $1.00 | $1.08 | +8.0% | $238M | -0.5% |
| Aug 8, 2024 | $0.83 | $0.86 | +3.6% | $220M | +0.2% |
| May 9, 2024 | $0.67 | $0.66 | -1.5% | $193M | +0.8% |
| Feb 29, 2024 | $0.76 | $0.80 | +5.3% | $195M | -6.1% |
| May 4, 2023 | $0.90 | $1.08 | +20.0% | $203M | +6.1% |
| Mar 2, 2023 | $0.98 | $1.09 | +11.2% | $211M | +3.2% |
| Nov 3, 2022 | $0.71 | $1.01 | +42.3% | $202M | +18.9% |
Source: company filings + earnings calendar. For informational purposes only — not investment advice.
Earnings call summary
Q1 FY2026 · May 7, 2026
AI summary of management’s prepared remarks and analyst Q&A. For informational purposes only — not investment advice.
Management highlights
- Demand environment for products is favorable with record backlog and building order activity. - Trade policy changes don't change competitive position. - Invested in supply chain and have flexibility to adapt. - Viral and geographic expansion gaining traction, opening new showrooms and entering new geographies. - Backlog grew sequentially since 2021 with book-to-bill ratio of 1.3 times for 21 consecutive quarters above 1.1 times. - Single-family residential orders grew 3.4% year-over-year and 14.1% sequentially. - Dealer network expanded over 20% in 12 months, vinyl line gaining traction, and new showroom in Los Angeles on track to open.
Guidance
- Reaffirming full year 2026 guidance with revenue in the range of $1.06 billion to $1.13 billion and adjusted EBITDA in the range of $225 to $245 million. - May price increase expected to begin contributing to results by early July. - Expect another year of strong cash generation with more use of working capital. - Capital expenditures projected to be in the range of $60 to $70 million. - Plan to invest approximately $20 to $25 million for land related to potential new U.S. facility.
Segment performance
Total revenues for the first quarter increased 12% year over year to a first quarter record of $249 million. Multifamily and commercial revenues up 20.4% year-over-year to a record 160.5 million. Single family residential revenues were essentially flat year over year in the first quarter, mainly reflecting the timing of invoicing. Backlog grew 19.1% year-over-year to a record $1.36 billion. Adjusted EBITDA for the first quarter of 2026 was 61.5 million, representing an adjusted EBITDA margin of 24.7% compared to 70.2 million or 31.6% in the prior year quarter. First quarter gross margin was 38.5%.
Risks & headwinds
- Uncertainties from economic, business, competitive, and regulatory factors. - Impact of aluminum costs and foreign exchange fluctuations. - New 10% Section 232 tariff on finished aluminum window imports.
Analyst Q&A
Q: Just on the price increase, are you seeing your competitors also raising prices? And what gives you confidence that it's going to be the take rates?
A: Yes, everybody has raised prices because of the increases in aluminum and the increases in glass. Some more than us and a couple a little less than us.
Q: Can you guys expand on how April has trended since you guys have announced price increases, as competitors have announced price increases, and specifically with regards to customer receptivity and how they're managing through rising input costs on their end?
A: April was extremely strong. Nothing really to speak of in terms of dropping demand, but April was abnormally high.
Q: Where are you guys on the U.S. redomiciling? Is that expected to close in the second quarter?
A: The expectation is that that will be done by mid-June. Proxy cards should be going out for voting likely around mid to end of May.
Q: Maybe just to start, I'm just kind of just big picture question. Obviously, the tariffs, I obviously surprised you, surprised the market. You guys obviously still have a pretty meaningful cost advantage, even with the tariffs in the marketplace. Have you noticed any change from your perspective in terms of share gains or incrementally working with customers?
A: No, we have gained market share, and we're going to keep gaining market share.
Q: Santiago, I was hoping maybe you could kind of dial in Q2 for us, maybe a little bit, you know, just given, obviously the tariffs are going to kind of come into the P&L. So any kind of broad kind of comments on how we should think about the model for the second quarter?
A: Q2 is expected to be higher than Q1, but will have the impact of the tariffs not being fully offset by pricing on this quarter, but will be partially offset in Q3 once orders placed in May start hitting P&L.