Tecnoglass Reports First Quarter 2026 Results
- Record First Quarter Revenue of $249.0 Million, Up 12.0% Year-Over-Year – - Net Income of $31.9 Million, or $0.71 Per Diluted Share – - Adjusted Net Income 1 of $34.6 Million, or $0.78 Per Diluted Share – - Adjusted EBITDA 1 of $61.5 Million, Representing 24.7% of Total Revenues – - Backlog Expanded 19.1% Year-Over-Year to a Record $1.36 Billion – - Strong Balance Sheet for Disciplined Deployment with Total Liquidity of $425 Million – - Repurchased $16.5 Million in Shares and Paid $6.7 Million in Dividends, Returning a Significant Amount of Capital to Shareholders During the Quarter – - Advancing Automation and Logistics Optimization Initiatives to Further Mitigate Anticipated Net Tariff Impact – - U.S. Redomiciliation Underway to Further Align Corporate Structure with U.S. Listing, Enhance Index Eligibility and Broaden Investor Access – - Reaffirms Full Year 2026 Guidance - Miami, FL, May 07, 2026 (GLOBE NEWSWIRE) -- Tecnoglass, 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 first quarter ended March 31, 2026. José Manuel Daes, Chief Executive Officer of Tecnoglass, commented, “First quarter results were in line with our expectations, with resilient performance across our key metrics reflecting the continued strength of our vertically integrated business model despite a dynamic cost environment.