Tecnoglass Holdings (TGLS) Gross Margin (2014 - 2026)
Tecnoglass Holdings (TGLS) posted Gross Margin of 37.26% for Q2 2026, down 7.48 percentage points from 44.74% a year earlier and down 1.22 percentage points from the prior quarter.
Tecnoglass Holdings (TGLS) Gross Margin (2014 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Gross Margin at Tecnoglass Holdings was 39.56%, down 5.18 percentage points year-over-year; for FY2025, it came in at 42.84%, up 0.16 percentage points from FY2024.
- Annual Gross Margin shows a five-year change of +5.82 percentage points (FY2020 to FY2025).
- In prior years, Tecnoglass Holdings' Gross Margin was 42.68% in FY2024 (-4.23 pp), 46.92% in FY2023 (-1.86 pp), 48.77% in FY2022 (+7.99 pp) and 40.78% in FY2021 (+3.75 pp).
- The Q2 2026 figure stands as the lowest quarterly Gross Margin since Q4 2020.
- On a year-over-year basis, Gross Margin has declined in each of the last four quarters, with an average year-over-year change of -0.83 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Gross Margin in the past five years was Q3 2022, with a gain of 13.03 percentage points; the weakest was Q1 2024, with a drop of 14.42 percentage points.
- According to Business Quant data, Gross Margin for the three prior quarters was 38.49% (Q1 2026), 40.05% (Q4 2025) and 42.74% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 99.46 Bn | 94.20 Bn | 2.26 Bn | 35.57% |
| 2 | Johnson Controls International | 90.21 Bn | 87.98 Bn | 2.47 Bn | 37.41% |
| 3 | Comfort Systems Usa | 58.39 Bn | 53.64 Bn | 844.23 Mn | 25.85% |
| 4 | Carrier Global | 46.05 Bn | 40.68 Bn | 1.94 Bn | 30.59% |
| 5 | Otis Worldwide | 25.26 Bn | 21.87 Bn | 1.14 Bn | 29.52% |
| 6 | James Hardie Industries | 14.74 Bn | 13.47 Bn | 548.70 Mn | 37.21% |
| 7 | Masco | 13.48 Bn | 11.59 Bn | 868.00 Mn | 43.57% |
| 8 | Allegion | 13.22 Bn | 11.93 Bn | 517.50 Mn | 44.94% |
| 9 | Carlisle Companies | 12.99 Bn | 9.34 Bn | 568.40 Mn | 36.20% |
| 10 | Tecnoglass Holdings | 1.54 Bn | 1.13 Bn | 110.03 Mn | 37.26% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 37.26% |
| Mar 31, 2026 | 38.49% |
| Dec 31, 2025 | 40.05% |
| Sep 30, 2025 | 42.74% |
| Jun 30, 2025 | 44.74% |
| Mar 31, 2025 | 43.87% |
| Dec 31, 2024 | 44.45% |
| Sep 30, 2024 | 45.83% |
| Jun 30, 2024 | 40.78% |
| Mar 31, 2024 | 38.76% |
| Dec 31, 2023 | 42.64% |
| Sep 30, 2023 | 42.96% |
| Jun 30, 2023 | 48.68% |
| Mar 31, 2023 | 53.18% |
| Dec 31, 2022 | 52.22% |
| Sep 30, 2022 | 52.18% |
| Jun 30, 2022 | 43.54% |
| Mar 31, 2022 | 44.84% |
| Dec 31, 2021 | 42.93% |
| Sep 30, 2021 | 39.15% |
Tecnoglass Holdings Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=TGLS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "TGLS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=TGLS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();