Tecnoglass Q3 revenue rises 19% to record $310.6 million, but profit falls
Tecnoglass reported record third-quarter 2026 revenue of $310.6 million, up 19.2% year over year, while net income fell to $22.8 million, or $0.51 per diluted share, from $47.2 million, or $1.01, a year earlier. The company raised its full-year 2026 revenue outlook to $1.10 billion to $1.14 billion and adjusted its Adjusted EBITDA outlook to $210 million to $220 million, citing an $8.4 million non-cash inventory revaluation tied to the stronger Colombian peso.
Key points
- Q3 2026 total revenue of $310.6 million, up from $260.5 million; gross margin fell to 34.1% from 42.7%.
- Adjusted EBITDA was $47.7 million, or 15.3% of revenue, versus $79.1 million a year earlier.
- Full-year 2026 revenue outlook raised to $1.10 billion to $1.14 billion; Adjusted EBITDA outlook set at $210 million to $220 million.
- Backlog reached a record $1.43 billion, up 13.2% year over year, and total liquidity was approximately $380 million at September 30, 2026.
The filing
Written by AI on Nov 9, 2026, 8:38 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 05, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.