Tecnoglass Holdings (TGLS) Change in Taxes (2016 - 2026)
Tecnoglass' (TGLS) quarterly Change in Taxes came in at $16.9 million in Q1 2026, up 7.79% YoY from $15.7 million in Q1 2025, and up 322.35% on a QoQ basis from $4.0 million in Q4 2025.
Tecnoglass Holdings (TGLS) Change in Taxes (2016 - 2026) Analysis & Trends
Tecnoglass (TGLS) has 11 years of Change in Taxes data on file, last reported at $16.9 million in 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 rose to $16.9 million in Q1 2026, from $4.0 million in the prior quarter.
- In the past five years, Change in Taxes ranged from a high of $25.5 million in Q1 2023 to a low of -$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 slumped 654.76% — and 2024, when it soared 1074.42%.
- Tracing TGLS's Change in Taxes over 5 years: 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 | 63.40 Bn | 60.32 Bn | 4.29 Bn | - |
| 2 | Vulcan Materials | 35.83 Bn | 35.64 Bn | 625.50 Mn | - |
| 3 | Martin Marietta Materials | 32.21 Bn | 32.09 Bn | 495.00 Mn | - |
| 4 | Amrize | 25.20 Bn | 24.47 Bn | 993.00 Mn | - |
| 5 | James Hardie Industries | 17.63 Bn | 17.34 Bn | 548.70 Mn | 13.60 Mn |
| 6 | Cemex Sab De Cv | 16.04 Bn | 16.04 Bn | 1.62 Bn | -79.00 Mn |
| 7 | Eagle Materials | 6.42 Bn | 6.19 Bn | 161.25 Mn | 1.33 Mn |
| 8 | Knife River | 3.76 Bn | 3.66 Bn | 162.77 Mn | - |
| 9 | United States Lime & Minerals | 3.41 Bn | 3.01 Bn | 46.72 Mn | - |
| 10 | Tecnoglass Holdings | 1.82 Bn | 1.74 Bn | 110.03 Mn | -56.03 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -56.03 Mn |
| Jun 30, 2026 | -56.03 Mn |
| 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 |