Tecnoglass Reports Second Quarter 2026 Results, Including Record Revenues on Continued Market Share Gains
- Record Second Quarter Revenue of $295.3 Million, Up 15.6% Year-Over-Year, With Double-Digit Growth in Both Single-Family Residential and Multi-Family/Commercial - - Net Income of $24.6 Million, or $0.55 Per Diluted Share - - Adjusted Net Income 1 of $23.8 Million, or $0.54 Per Diluted Share - - Adjusted EBITDA 1 of $51.7 Million, Representing 17.5% of Total Revenues - - Backlog Expanded 15.6% Year-Over-Year to a Record $1.38 Billion - - Strong Balance Sheet for Disciplined Deployment with Total Liquidity of $360 Million - - Returned Value to Shareholders During the Quarter Through $6.7 Million in Dividends - - Implemented Pricing Actions and Automation Initiatives Expected to Benefit Results in Second Half - - Completed U.S. Redomiciliation, Aligning Corporate Structure with U.S. Listing, Enhancing Index Eligibility and Broadening Investor Access - - Updated Full Year 2026 Guidance - Miami, FL, Aug. 06, 2026 (GLOBE NEWSWIRE) -- Tecnoglass Holdings Inc. (NYSE: TGLS) (“Tecnoglass” or the “Company”), a leading producer of high-end aluminum and vinyl windows and architectural glass for the global residential and commercial end markets, today reported financial results for the second quarter ended June 30, 2026. José Manuel Daes, Chief Executive Officer of Tecnoglass, commented, “We delivered record second quarter revenues, with double-digit growth in both our single-family residential and multi-family and commercial businesses, reflecting healthy demand, continued market share gains and consistent execution across our expanding footprint.
TGLS - Tecnoglass Inc.
