Tecnoglass (TGLS) Change in Taxes (2016 - 2026)
Tecnoglass (TGLS) posted Change in Taxes of $16.9 million for Q1 2026, up 322.35% on a QoQ basis from $4.0 million in Q4 2025, and up 7.79% year-over-year from $15.7 million in Q1 2025.
Tecnoglass (TGLS) Change in Taxes (2016 - 2026) Analysis & Trends
Tecnoglass' Change in Taxes history runs 11 years deep, the most recent figure standing at $16.9 million for Q1 2026.
- Quarterly Change in Taxes rose 7.79% year-over-year to $16.9 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$2.6 million (down 160.95% YoY) and the FY2025 annual result came in at -$3.8 million, up 12.41% from the prior year.
- Change in Taxes was $16.9 million for Q1 2026 at Tecnoglass, up from $4.0 million in the prior quarter.
- Across five years, Change in Taxes topped out at $25.5 million in Q1 2023 and bottomed at -$45.6 million in Q2 2023.
- A 5-year average of $2.4 million and a median of $10.7 million in 2025 frame the typical range for Change in Taxes.
- Annual changes were most pronounced in 2022 — Change in Taxes sank 654.76% — and 2024, when it soared 1074.42%.
- Tecnoglass' Change in Taxes stood at $21.3 million in 2022, then tumbled by 58.57% to $8.8 million in 2023, then surged by 102.23% to $17.8 million in 2024, then slumped by 77.6% to $4.0 million in 2025, then jumped by 322.35% to $16.9 million in 2026.
- Business Quant data shows TGLS's Change in Taxes at $16.9 million in Q1 2026, $4.0 million in Q4 2025, and $10.7 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Crh Public | 68.97 Bn | 66.12 Bn | 2.05 Bn | - |
| 2 | Vulcan Materials | 35.82 Bn | 35.70 Bn | 422.70 Mn | - |
| 3 | Martin Marietta Materials | 32.98 Bn | 32.71 Bn | 310.00 Mn | - |
| 4 | Amrize | 26.73 Bn | 25.63 Bn | 211.00 Mn | - |
| 5 | Cemex Sab De Cv | 17.67 Bn | 17.29 Bn | 1.62 Bn | -79.00 Mn |
| 6 | James Hardie Industries | 14.97 Bn | 14.50 Bn | 523.40 Mn | -1.20 Mn |
| 7 | Eagle Materials | 6.47 Bn | 6.17 Bn | 106.33 Mn | 1.49 Mn |
| 8 | Knife River | 4.40 Bn | 4.33 Bn | -2.77 Mn | - |
| 9 | Titan America | 3.11 Bn | 2.89 Bn | 91.88 Mn | -2.04 Mn |
| 10 | Tecnoglass | 1.95 Bn | 1.86 Bn | 95.83 Mn | 16.87 Mn |
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 |