Tecnoglass Q2 FY26 net income drops to $24.6 million; revenue rises 15.6% to $295.3 million - TGLS News | RalliesTecnoglass Q2 FY26 net income drops to $24.6 million; revenue rises 15.6% to $295.3 million
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TGLS• Full-year outlook
- Full-year guidance narrowed to revenue of $1.08 billion-$1.12 billion and adjusted EBITDA of $220 million-$230 million.
- Pricing, logistics, and automation are targeted for the second half.
Backlog and balance sheet
- Backlog expanded 15.6% year over year to a record $1.38 billion.
- Total liquidity stood at $360 million with $225.4 million of debt.
Margins and cost pressures
- Gross margin narrowed to 37.3% from 44.7% on higher aluminum and labor costs, a stronger Colombian peso, Section 232 tariffs, and severance costs.
Quarterly revenue and earnings
- Tecnoglass Q2 revenue rose 15.6% year over year to $295.3 million, while net income fell to $24.6 million, or .
$0.55 a share
Adjusted EBITDA (non-GAAP) dropped to $51.7 million from $79.8 million, cutting margin by 13.7 percentage points to 17.5%.
