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
DateValue
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