Tecnoglass (TGLS) Operating Expenses (2011 - 2026)
Tecnoglass (TGLS) reported Operating Expenses of $50.9 million for Q1 2026, up 19.83% on a YoY basis from $42.5 million in Q1 2025, and down 4.7% quarter-over-quarter from $53.4 million in Q4 2025.
Tecnoglass (TGLS) Operating Expenses (2011 - 2026) Analysis & Trends
Tecnoglass has reported Operating Expenses for 16 years, with the latest figure at $50.9 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses rose 19.83% year-over-year to $50.9 million; the trailing twelve-month figure through Mar 2026 stood at $204.7 million (up 26.53% YoY), and the FY2025 full-year result was $196.3 million, up 28.33% from the prior year.
- Operating Expenses for Q1 2026 stood at $50.9 million, down from $53.4 million in the prior quarter.
- The five-year high for Operating Expenses was $53.4 million in Q4 2025, with the low at $26.4 million in Q1 2022.
- Historically, Operating Expenses has averaged $38.5 million across 5 years, with a median of $35.2 million in 2023.
- Annual changes were most pronounced in 2022 — Operating Expenses soared 62.34% — and 2023, when it retreated 16.06%.
- Tecnoglass' Operating Expenses stood at $33.4 million in 2022, then decreased by 2.98% to $32.4 million in 2023, then climbed by 21.41% to $39.4 million in 2024, then soared by 35.71% to $53.4 million in 2025, then retreated by 4.7% to $50.9 million in 2026.
- The last three Operating Expenses figures came in at $50.9 million (Q1 2026), $53.4 million (Q4 2025), and $47.3 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Crh Public | 74.51 Bn | 72.28 Bn | 2.05 Bn | 2.06 Bn |
| 2 | Vulcan Materials | 39.63 Bn | 39.52 Bn | 422.70 Mn | 135.70 Mn |
| 3 | Martin Marietta Materials | 36.71 Bn | 36.44 Bn | 310.00 Mn | 138.00 Mn |
| 4 | Amrize | 30.61 Bn | 29.50 Bn | 211.00 Mn | 292.00 Mn |
| 5 | James Hardie Industries | 13.48 Bn | 13.01 Bn | 523.40 Mn | 346.20 Mn |
| 6 | Eagle Materials | 7.16 Bn | 6.86 Bn | 106.33 Mn | 23.07 Mn |
| 7 | Knife River | 4.89 Bn | 4.82 Bn | -2.77 Mn | 83.46 Mn |
| 8 | United States Lime & Minerals | 3.26 Bn | 2.87 Bn | 41.75 Mn | 5.97 Mn |
| 9 | Tecnoglass | 2.06 Bn | 1.96 Bn | 95.83 Mn | 50.89 Mn |
| 10 | Smith Midland | 159.69 Mn | 146.47 Mn | 4.30 Mn | 2.58 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 50.89 Mn |
| Dec 31, 2025 | 53.41 Mn |
| Sep 30, 2025 | 47.30 Mn |
| Jun 30, 2025 | 53.14 Mn |
| Mar 31, 2025 | 42.47 Mn |
| Dec 31, 2024 | 39.35 Mn |
| Sep 30, 2024 | 41.54 Mn |
| Jun 30, 2024 | 38.44 Mn |
| Mar 31, 2024 | 33.64 Mn |
| Dec 31, 2023 | 32.41 Mn |
| Sep 30, 2023 | 29.52 Mn |
| Jun 30, 2023 | 35.17 Mn |
| Mar 31, 2023 | 34.08 Mn |
| Dec 31, 2022 | 33.41 Mn |
| Sep 30, 2022 | 35.16 Mn |
| Jun 30, 2022 | 28.15 Mn |
| Mar 31, 2022 | 26.37 Mn |
| Dec 31, 2021 | 23.70 Mn |
| Sep 30, 2021 | 21.66 Mn |
| Jun 30, 2021 | 20.36 Mn |