Tecnoglass Inc.
For the period ended Sep 30, 2025. Filed Nov 7, 2025.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2025 · Filed Nov 7, 2025
TGLS$45.45-3.5%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Operations and Other Comprehensive Income
(In thousands, except share and per share data)
| Three months ended · Nine months ended | ||||
|---|---|---|---|---|
| September 30, | September 30, | |||
| 2025 | 2024 | 2025 | 2024 | |
| Operating revenues: | ||||
| External customers | $259,189 | $237,439 | $734,606 | $648,456 |
| Related parties | 1,290 | 888 | 3,707 | 2,152 |
| Total operating revenues | 260,479 | 238,327 | 738,313 | 650,608 |
| Cost of sales | (149,159) | (129,094) | (415,133) | (377,138) |
| Gross profit | 111,320 | 109,233 | 323,180 | 273,470 |
| Operating expenses: | ||||
| Selling expense | (25,977) | (23,190) | (79,324) | (60,773) |
| General and administrative expense | (21,321) | (18,348) | (63,581) | (52,846) |
| Total operating expenses | (47,298) | (41,538) | (142,905) | (113,619) |
| Other Operating income | 1,361 | - | 5,641 | - |
| Operating income | 65,383 | 67,695 | 185,916 | 159,851 |
| Non-operating income, net | 1,012 | 1,365 | 2,616 | 5,176 |
| Equity method income | 519 | 1,394 | 2,805 | 3,677 |
| Foreign currency transactions (loss) gains | 1,865 | 870 | 2,203 | (4,858) |
| Loss on debt extinguishment | (1,354) | - | (1,354) | - |
| Interest income (expense), net and deferred cost of financing | 564 | (1,811) | (2,117) | (5,923) |
| Income before taxes | 67,989 | 69,513 | 190,069 | 157,923 |
| Income tax provision | (20,801) | (19,978) | (56,609) | (43,630) |
| Net income | $47,188 | $49,535 | $133,460 | $114,293 |
| Basic income per share | $1.01 | $1.05 | $2.84 | $2.43 |
| Diluted income per share | $1.01 | $1.05 | $2.84 | $2.43 |
| Basic weighted average common shares outstanding | 46,847,728 | 46,996,554 | 46,941,647 | 46,996,655 |
| Diluted weighted average common shares outstanding | 46,847,728 | 46,996,554 | 46,941,647 | 46,996,655 |
| Other comprehensive income: | ||||
| Foreign currency translation adjustments | 20,317 | (2,657) | 53,153 | (30,948) |
| Change in fair value of derivative contracts | (2,565) | (3,229) | (2,417) | (2,535) |
| Other comprehensive income | 17,752 | (5,886) | 50,736 | (33,483) |
| Comprehensive income | $64,940 | $43,649 | $184,196 | $80,810 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.