Tecnoglass (TGLS) Gross Margin (2014 - 2026)
Tecnoglass (TGLS) reported Gross Margin of 38.49% for Q1 2026, down 539.0% on a YoY basis from 8.77% in Q1 2025, and down 3.89% quarter-over-quarter from 40.05% in Q4 2025.
Tecnoglass (TGLS) Gross Margin (2014 - 2026) Analysis & Trends
Tecnoglass has reported Gross Margin for 13 years, with the latest figure at 38.49% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin fell 539.0% year-over-year to 38.49%; the trailing twelve-month figure through Mar 2026 stood at 41.54% (down 225.0% YoY), and the FY2025 full-year result was 42.84%, up 16.0% from the prior year.
- Gross Margin for Q1 2026 stood at 38.49%, down from 40.05% in the prior quarter.
- The five-year high for Gross Margin was 53.18% in Q1 2023, with the low at 38.49% in Q1 2026.
- Historically, Gross Margin has averaged 44.7% across 5 years, with a median of 43.87% in 2025.
- Annual changes were most pronounced in 2022 — Gross Margin jumped 1303 bps — and 2024, when it sank 1442 bps.
- Tecnoglass' Gross Margin stood at 52.22% in 2022, then fell by 18 bps to 42.64% in 2023, then rose by 4 bps to 44.45% in 2024, then fell by 10 bps to 40.05% in 2025, then fell by 4 bps to 38.49% in 2026.
- The last three Gross Margin figures came in at 38.49% (Q1 2026), 40.05% (Q4 2025), and 42.74% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Crh Public | 74.51 Bn | 72.28 Bn | 2.05 Bn | 27.75% |
| 2 | Vulcan Materials | 39.63 Bn | 39.52 Bn | 422.70 Mn | 24.07% |
| 3 | Martin Marietta Materials | 36.71 Bn | 36.44 Bn | 310.00 Mn | 22.76% |
| 4 | Amrize | 30.61 Bn | 29.50 Bn | 211.00 Mn | 9.69% |
| 5 | James Hardie Industries | 13.48 Bn | 13.01 Bn | 523.40 Mn | 37.28% |
| 6 | Eagle Materials | 7.16 Bn | 6.86 Bn | 106.33 Mn | 22.19% |
| 7 | Knife River | 4.89 Bn | 4.82 Bn | -2.77 Mn | -0.68% |
| 8 | United States Lime & Minerals | 3.26 Bn | 2.87 Bn | 41.75 Mn | 47.54% |
| 9 | Tecnoglass | 2.06 Bn | 1.96 Bn | 95.83 Mn | 38.49% |
| 10 | Smith Midland | 159.69 Mn | 146.47 Mn | 4.30 Mn | 36.51% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jun 30, 2021 | 40.35% |