Tecnoglass (TGLS) Change in Taxes (2016 - 2026)
Tecnoglass (TGLS) reported Change in Taxes of $16.9 million for Q1 2026, up 7.79% on a YoY basis from $15.7 million in Q1 2025, and up 322.35% quarter-over-quarter from $4.0 million in Q4 2025.
Tecnoglass (TGLS) Change in Taxes (2016 - 2026) Analysis & Trends
Tecnoglass has reported Change in Taxes for 11 years, with the latest figure at $16.9 million in Q1 2026.
- For the quarter ending Q1 2026, Change in Taxes rose 7.79% year-over-year to $16.9 million; the trailing twelve-month figure through Mar 2026 stood at -$2.6 million (down 160.95% YoY), and the FY2025 full-year result was -$3.8 million, up 12.41% from the prior year.
- Change in Taxes for Q1 2026 stood at $16.9 million, up from $4.0 million in the prior quarter.
- The five-year high for Change in Taxes was $25.5 million in Q1 2023, with the low at -$45.6 million in Q2 2023.
- Historically, Change in Taxes has averaged $2.4 million across 5 years, with a median of $10.7 million in 2025.
- Annual changes were most pronounced in 2022 — Change in Taxes slumped 654.76% — and 2024, when it soared 1074.42%.
- Tecnoglass' Change in Taxes stood at $21.3 million in 2022, then sank by 58.57% to $8.8 million in 2023, then soared by 102.23% to $17.8 million in 2024, then plunged by 77.6% to $4.0 million in 2025, then surged by 322.35% to $16.9 million in 2026.
- The last three Change in Taxes figures came in at $16.9 million (Q1 2026), $4.0 million (Q4 2025), and $10.7 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Crh Public | 74.51 Bn | 72.28 Bn | 2.05 Bn | - |
| 2 | Vulcan Materials | 39.63 Bn | 39.52 Bn | 422.70 Mn | - |
| 3 | Martin Marietta Materials | 36.71 Bn | 36.44 Bn | 310.00 Mn | - |
| 4 | Amrize | 30.61 Bn | 29.50 Bn | 211.00 Mn | - |
| 5 | James Hardie Industries | 13.48 Bn | 13.01 Bn | 523.40 Mn | -1.20 Mn |
| 6 | Eagle Materials | 7.16 Bn | 6.86 Bn | 106.33 Mn | 1.49 Mn |
| 7 | Knife River | 4.89 Bn | 4.82 Bn | -2.77 Mn | - |
| 8 | United States Lime & Minerals | 3.26 Bn | 2.87 Bn | 41.75 Mn | - |
| 9 | Tecnoglass | 2.06 Bn | 1.96 Bn | 95.83 Mn | 16.87 Mn |
| 10 | Smith Midland | 159.69 Mn | 146.47 Mn | 4.30 Mn | 421,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 16.87 Mn |
| Mar 31, 2026 | 16.87 Mn |
| Dec 31, 2025 | 4.00 Mn |
| Dec 31, 2025 | 4.00 Mn |
| Sep 30, 2025 | 10.71 Mn |
| Sep 30, 2025 | 10.71 Mn |
| Jun 30, 2025 | -34.17 Mn |
| Jun 30, 2025 | -34.17 Mn |
| Mar 31, 2025 | 15.65 Mn |
| Mar 31, 2025 | 15.65 Mn |
| Dec 31, 2024 | 17.84 Mn |
| Dec 31, 2024 | 17.84 Mn |
| Sep 30, 2024 | 14.78 Mn |
| Sep 30, 2024 | 14.78 Mn |
| Jun 30, 2024 | -44.03 Mn |
| Jun 30, 2024 | -44.03 Mn |
| Mar 31, 2024 | 7.07 Mn |
| Mar 31, 2024 | 7.07 Mn |
| Dec 31, 2023 | 8.82 Mn |
| Dec 31, 2023 | 8.82 Mn |