Overview
- TickerTGLS on NYSE1
- IndustryFlat Glass1
- HeadquartersMiami, Florida1
- Incorporated inCayman Islands3
- Business address3550 Nw 49Th Street,, Miami, Fl 331423
- Filer categoryLarge accelerated filer3
See how the biggest companies compare on our leaderboards
100 most successful small-cap companies for 2024, and was ranked among the four largest glass fabricators in 2025 by Glass Magazine.5 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
42.8%Gross margin6
23.5%Operating margin6
16.2%Net margin6
10.5%Revenue growth, 20256
22.4%Return on equity6
0.24×Debt to equity6
$34.5MFree cash flow6
What sells
Revenue by product, business segment and region, as the company reports it to the SEC.
Products and services
Windows and Architectural Systems brought in 31% of the revenue Tecnoglass Holdings Inc. broke down this way in fiscal 2025.
Products and services by year
| Products and services | 2023 | 2024 | 2025 |
|---|---|---|---|
| Windows and Architectural Systems | $751.8M | $810.0M | $922.2M |
| Product Sales | $705.0M | $728.2M | $720.0M |
| Commercial | $497.9M | $518.1M | $580.2M |
| Residential | $335.4M | $372.1M | $403.4M |
| Fixed Price Contracts | $128.3M | $162.0M | $263.6M |
| Glass and Framing Components | $81.5M | $80.2M | $61.4M |
Regions
United States brought in 95% of the revenue Tecnoglass Holdings Inc. broke down this way in fiscal 2025.
Regions by year
| Regions | 2023 | 2024 | 2025 |
|---|---|---|---|
| United States | $795.1M | $849.9M | $932.9M |
| CO | $25.1M | $25.0M | $31.7M |
| Other | $11.7M | $14.1M | $18.2M |
| PA | $1.4M | $1.2M | $760.0K |
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Cost of revenue57¢$562.2M
- Other costs18¢$180.2M
- Interest1¢$6.0M
- Income tax8¢$75.7M
- Profit16¢$159.6M
Out of $983.6M in revenue.6
Where each dollar of operating cash went, fiscal 2025
- Capital spending75¢$101.3M
- Dividends paid21¢$28.1M
- Kept or used elsewhere5¢$6.4M
Out of $135.8M of cash from operations.6
Financial statements
Every line of the income statement as filed: the last 3 fiscal years, latest first.6
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Total operating revenues | $983.6M | $890.2M | $833.3M |
| Cost of sales | $562.2M | $510.2M | $442.3M |
| Gross profit | $421.4M | $380.0M | $390.9M |
| Selling expense | -$105.4M | -$81.3M | -$68.1M |
| General and administrative expense | -$90.9M | -$71.7M | -$63.1M |
| Total operating expenses | -$196.3M | -$153.0M | -$131.2M |
| Other operating income | $5.6M | ||
| Operating income | $230.7M | $227.0M | $259.8M |
| Non-operating income, net | $3.1M | $5.9M | $5.1M |
| Foreign currency transactions gains/(loss) | $3.8M | -$5.7M | $686.0K |
| Loss on debt extinguishment | -$1.4M | ||
| Interest expense and deferred cost of financing | -$3.4M | -$7.4M | -$9.2M |
| Equity method income | $2.5M | $5.4M | $5.0M |
| Income before taxes | $235.3M | $225.2M | $261.4M |
| Income tax provision | -$75.7M | -$63.8M | -$77.9M |
| Net income | $159.6M | $161.3M | $183.5M |
| Income attributable to non-controlling interest | -$628.0K | ||
| Income attributable to parent | $159.6M | $161.3M | $182.9M |
| Basic income per share | $3.42 | $3.43 | $3.85 |
| Diluted income per share | $3.42 | $3.43 | $3.85 |
| Basic weighted average common shares outstanding | 46.7M shares | 47.0M shares | 47.5M shares |
| Diluted weighted average common shares outstanding | 46.7M shares | 47.0M shares | 47.5M shares |
| Foreign currency translation adjustments | $72.2M | -$53.2M | $63.1M |
| Change in fair value derivative contracts | -$4.1M | -$2.1M | -$2.7M |
| Other Comprehensive Income (loss) | $68.1M | -$55.3M | $60.3M |
| Total Comprehensive income | $227.6M | $106.0M | $243.8M |
| Income attributable to non-controlling interest | -$628.0K | ||
| Total comprehensive income attributable to parent | $227.6M | $106.0M | $243.2M |
No quarter-by-quarter statement was filed.
Every line of the balance sheet as filed: the last 4 fiscal years (annual) or 4 quarters (quarterly), latest first.6
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Cash and cash equivalents | $100.9M | $134.9M | ||
| Investments | $3.1M | $2.6M | ||
| Trade accounts receivable, net | $239.4M | $202.9M | ||
| Inventories | $213.5M | $139.6M | ||
| Contract assets current portion | $31.8M | $22.9M | ||
| Other current assets | $62.7M | $54.3M | ||
| Total current assets | $653.6M | $560.0M | ||
| Property, plant and equipment, net | $476.2M | $344.4M | ||
| Long term accounts receivable | $1.7M | |||
| Deferred income taxes | $1.3M | $285.0K | ||
| Contract assets non-current | $20.5M | $15.2M | ||
| Intangible assets | $13.0M | $4.4M | ||
| Goodwill | $30.1M | $23.6M | ||
| Equity method investment | $57.4M | $63.3M | ||
| Other long-term assets | $6.7M | $5.5M | ||
| Total long-term assets | $606.8M | $456.6M | ||
| Total assets | $1.3B | $1.0B | ||
| Short-term debt and current portion of long-term debt | $427.0K | $1.1M | ||
| Trade accounts payable and accrued expenses | $127.2M | $98.8M | ||
| Dividends payable | $6.7M | $7.1M | ||
| Contract liability current portion | $149.4M | $98.0M | ||
| Total current liabilities | $351.7M | $265.8M | ||
| Deferred income taxes | $22.4M | $11.4M | ||
| Contract liability non-current | $2.0M | |||
| Long-term debt | $171.2M | $108.2M | ||
| Total long-term liabilities | $195.6M | $119.6M | ||
| Total liabilities | $547.3M | $385.5M | ||
| Ordinary shares, $0.0001 par value, 100,000,000 shares authorized, 46,389,146 shares issued, and 44,737,726 shares outstanding at December 31, 2025; and, 46,991,558 shares issued and outstanding at December 31, 2024 | $5.0K | $5.0K | ||
| Treasury stock | -$79.2M | |||
| Legal Reserves | $1.5M | $1.5M | ||
| Additional paid-in capital | $153.4M | $192.1M | ||
| Retained earnings | $670.6M | $538.8M | ||
| Accumulated other comprehensive (loss) | -$33.1M | -$101.2M | ||
| Shareholders equity attributable to controlling interest | $713.1M | $631.2M | $548.0M | $350.3M |
| Total liabilities and shareholders equity | $1.3B | $1.0B | ||
| Preferred shares, par value | $0.00 | $0.00 | ||
| Preferred shares, shares authorized | 1.0M shares | 1.0M shares | ||
| Preferred shares, shares issued | 0 shares | 0 shares | ||
| Preferred shares, shares outstanding | 0 shares | 0 shares | ||
| Ordinary shares, par value | $0.00 | $0.00 | ||
| Ordinary shares, shares authorized | 100.0M shares | 100.0M shares | ||
| Ordinary shares, shares issued | 46.4M shares | 47.0M shares | ||
| Ordinary shares, shares outstanding | 44.7M shares | 47.0M shares |
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Cash and cash equivalents | $100.9M | $134.9M | ||
| Investments | $3.1M | $2.6M | ||
| Trade accounts receivable, net | $239.4M | $202.9M | ||
| Inventories | $213.5M | $139.6M | ||
| Contract assets current portion | $31.8M | $22.9M | ||
| Other current assets | $62.7M | $54.3M | ||
| Total current assets | $653.6M | $560.0M | ||
| Property, plant and equipment, net | $476.2M | $344.4M | ||
| Long term accounts receivable | $1.7M | |||
| Deferred income taxes | $1.3M | $285.0K | ||
| Contract assets non-current | $20.5M | $15.2M | ||
| Intangible assets | $13.0M | $4.4M | ||
| Goodwill | $30.1M | $23.6M | ||
| Equity method investment | $57.4M | $63.3M | ||
| Other long-term assets | $6.7M | $5.5M | ||
| Total long-term assets | $606.8M | $456.6M | ||
| Total assets | $1.3B | $1.0B | ||
| Short-term debt and current portion of long-term debt | $427.0K | $1.1M | ||
| Trade accounts payable and accrued expenses | $127.2M | $98.8M | ||
| Dividends payable | $6.7M | $7.1M | ||
| Contract liability current portion | $149.4M | $98.0M | ||
| Total current liabilities | $351.7M | $265.8M | ||
| Deferred income taxes | $22.4M | $11.4M | ||
| Contract liability non-current | $2.0M | |||
| Long-term debt | $171.2M | $108.2M | ||
| Total long-term liabilities | $195.6M | $119.6M | ||
| Total liabilities | $547.3M | $385.5M | ||
| Ordinary shares, $0.0001 par value, 100,000,000 shares authorized, 46,389,146 shares issued, and 44,737,726 shares outstanding at December 31, 2025; and, 46,991,558 shares issued and outstanding at December 31, 2024 | $5.0K | $5.0K | ||
| Treasury stock | -$79.2M | |||
| Legal Reserves | $1.5M | $1.5M | ||
| Additional paid-in capital | $153.4M | $192.1M | ||
| Retained earnings | $670.6M | $538.8M | ||
| Accumulated other comprehensive (loss) | -$33.1M | -$101.2M | ||
| Shareholders equity attributable to controlling interest | $713.1M | $631.2M | $548.0M | $350.3M |
| Total liabilities and shareholders equity | $1.3B | $1.0B | ||
| Preferred shares, par value | $0.00 | $0.00 | ||
| Preferred shares, shares authorized | 1.0M shares | 1.0M shares | ||
| Preferred shares, shares issued | 0 shares | 0 shares | ||
| Preferred shares, shares outstanding | 0 shares | 0 shares | ||
| Ordinary shares, par value | $0.00 | $0.00 | ||
| Ordinary shares, shares authorized | 100.0M shares | 100.0M shares | ||
| Ordinary shares, shares issued | 46.4M shares | 47.0M shares | ||
| Ordinary shares, shares outstanding | 44.7M shares | 47.0M shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 3 fiscal years, latest first.6
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Net income | $159.6M | $161.3M | $183.5M |
| Provision for bad debts | $2.6M | $857.0K | $2.8M |
| Provision for obsolete inventory | $116.0K | $98.0K | $67.0K |
| Depreciation and amortization | $36.8M | $26.5M | $21.9M |
| Deferred income taxes | $7.6M | -$1.9M | $8.3M |
| Equity method income | -$2.5M | -$5.4M | -$5.0M |
| Gain on disposal of assets | -$4.1M | ||
| Deferred cost of financing | $935.0K | $1.2M | $1.2M |
| Other non-cash adjustments | $338.0K | $34.0K | $120.0K |
| Loss on debt extinguishment | $1.3M | ||
| Realized gain on derivative instruments | -$2.1M | ||
| Unrealized currency translation losses | -$22.5M | $12.0M | -$25.9M |
| Trade accounts receivable | -$25.3M | -$44.4M | -$780.0K |
| Inventories | -$45.1M | -$2.9M | -$522.0K |
| Prepaid expenses | -$4.2M | -$4.0M | -$2.8M |
| Other assets | -$5.9M | -$3.0M | -$27.5M |
| Other liabilities | -$92.0K | $94.0K | -$62.0K |
| Trade accounts payable and accrued expenses | $8.1M | $14.7M | -$17.4M |
| Taxes payable | -$3.8M | -$4.3M | -$12.9M |
| Labor liabilities | $1.9M | $1.1M | $1.1M |
| Contract assets and liabilities | $31.4M | $14.3M | $13.9M |
| Related parties | $683.0K | $4.3M | -$1.2M |
| CASH PROVIDED BY OPERATING ACTIVITIES | $135.8M | $170.5M | $138.8M |
| Business acquisition | -$6.8M | ||
| Sale of property and equipment | $12.3M | ||
| Dividends received | $8.9M | $2.7M | $2.3M |
| Purchase of investments | -$677.0K | -$429.0K | -$339.0K |
| Acquisition of property and equipment | -$101.3M | -$79.6M | -$78.0M |
| CASH USED IN INVESTING ACTIVITIES | -$87.6M | -$77.3M | -$76.0M |
| Cash dividend | -$28.1M | -$19.7M | -$16.4M |
| Share Repurchases | -$118.0M | -$291.0K | -$23.5M |
| Deferred financing costs and debt issuance fees | -$1.0M | ||
| Non controlling interest purchase | -$2.5M | -$3.0M | |
| Proceeds from debt | $176.0M | $2.5M | $196.0K |
| Repayments of debt | -$114.4M | -$64.5M | |
| CASH USED IN FINANCING ACTIVITIES | -$85.5M | -$84.5M | -$42.8M |
| Effect of exchange rate changes on cash and cash equivalents | $3.3M | -$3.3M | $5.8M |
| NET (DECREASE) INCREASE IN CASH | -$34.0M | $5.4M | $25.8M |
| Interest | $6.6M | $10.0M | $11.6M |
| Income Tax | $76.1M | $86.6M | $107.2M |
| Assets acquired under credit or debt | $9.0M | $6.4M | $9.3M |
| Unpaid portion of non-controlling interest purchase | $2.5M | ||
| Account payable for business acquisition | $3.6M |
No quarter-by-quarter statement was filed.
Corporate structure
Tecnoglass Holdings Inc. sits at the top of its group. 5 entities, 4 countries on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of Tecnoglass Holdings Inc.
- Energy Holding Corp Filed SCHEDULE 13D/A on Tecnoglass Holdings Inc., latest May 13, 2026 (6 filings since May 26, 2023)
- FMR LLC Filed SCHEDULE 13G/A on Tecnoglass Holdings Inc., latest Nov 5, 2025 (5 filings since Feb 9, 2024)
- AMERICAN CENTURY INVESTMENT MANAGEMENT INC Filed SC 13G/A on Tecnoglass Holdings Inc., latest Feb 4, 2022
- Tecnoglass Holdings Inc. Miami, Florida
- branch of C.I. Energía Solar S.A.S E.S. Windows Colombia registered to do business in Subsidiary · Bolivia
- Energía Solar S.A.S. E.S. Windows Sucursal Subsidiary · Bolivia
- limited liability company organized under the laws of Florida, dedicated to do business in the District of Subsidiary · Colombia
- limited liability company organized under the laws of Florida, dedicated to do business in the state of Subsidiary · California, United States
Built from subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What Tecnoglass Holdings Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Property and equipment, before depreciation | $680.3M6 Dec 31, 2025 | $490.3M6 Dec 31, 2024 | +38.8% |
| Accumulated depreciation | $204.1M6 Dec 31, 2025 | $145.9M6 Dec 31, 2024 | +40.0% |
| Property and equipment, net | $476.2M6 Dec 31, 2025 | $344.4M6 Dec 31, 2024 | +38.2% |
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Cash and cash equivalents | $100.9M6 Dec 31, 2025 | $134.9M6 Dec 31, 2024 | −25.2% |
| Marketable securities, current | $3.1M6 Dec 31, 2025 | $2.6M6 Dec 31, 2024 | +19.1% |
| Long-term investments | $57.4M6 Dec 31, 2025 | $63.3M6 Dec 31, 2024 | −9.2% |
Intangibles and goodwill
| Item | Latest | A year before | Change |
|---|---|---|---|
| Goodwill | $30.1M6 Dec 31, 2025 | $23.6M6 Dec 31, 2024 | +27.6% |
| Intangible assets, net (excluding goodwill) | $13.0M6 Dec 31, 2025 | $4.4M6 Dec 31, 2024 | +195.3% |
| Finite-lived intangibles, gross | $24.3M6 Dec 31, 2025 | $15.3M9 Dec 31, 2022 | +58.5% |
| Accumulated amortization | $11.4M6 Dec 31, 2025 | -$12.6M9 Dec 31, 2022 | +189.9% |
| Finite-lived intangibles, net | $13.0M6 Dec 31, 2025 | $4.4M10 Dec 31, 2024 | +195.3% |
Inventory
| Item | Latest | A year before | Change |
|---|---|---|---|
| Inventory, total | $213.5M6 Dec 31, 2025 | $139.6M6 Dec 31, 2024 | +52.9% |
| Raw materials | $152.2M6 Dec 31, 2025 | $98.3M6 Dec 31, 2024 | +54.7% |
| Work in process | $27.5M6 Dec 31, 2025 | $16.9M6 Dec 31, 2024 | +62.6% |
| Finished goods | $3.2M6 Dec 31, 2025 | $1.2M6 Dec 31, 2024 | +158.2% |
Properties, in its own words
We own and operate a total of 6.5 million square feet of manufacturing facilities. Our main 6.1 million square foot manufacturing complex, located in Barranquilla, Colombia, houses a glass production plant, aluminum plant and window and facade assembly plant. The glass plant has nine lamination machines with independent assembly rooms, eleven specialized tempering furnaces and glass molding furnaces, a computer numerical-controlled profile bending machine, as well as a coater to produce low emissivity glass with high thermal insulation specifications using soft coat technology. The Alutions plant has an effective installed capacity of 4,100 tons per month and can create a variety of shapes and forms for windows, doors, and related products. We also own eight natural gas power generation plants, six with an aggregate capacity of 10 megawatts, and two with 4.5 megawatts capacity each, which supply the electricity requirements of the entire manufacturing complex and are supported by three emergency generators. We also own and operate a 123,399 square foot manufacturing and warehousing facility in a 215,908 square foot lot in Miami-Dade County, Florida, United States, in addition to a new 69,829 square foot operating facility from our recent Acquisition of Continental Glass Systems Real State. The facilities houses manufacturing and assembly equipment, warehouse space, and administrative and sales offices.
We believe that our existing properties are adequate for the current operating requirements of our business and that additional space will be available as needed.
Item 2 of the 10-K filed Mar 2, 2026.5
Leadership
Who has led Tecnoglass Holdings Inc., and when. Pick a name to see everywhere that person has worked.
Chief executive
Chief financial officer
Chief operating officer
201520202025
- Chief executive officerJose M. Daes Mar 18, 2014 to Mar 9, 202314
- Chief executive officerB. Luke Weil Feb 6, 2013 to Feb 6, 201315
- Chief executive officerJulio A. Torres Mar 16, 2012 to Mar 16, 201216
- Chief executive officerSalom Luis Eduardo Robayo Mar 16, 2012 to Mar 16, 201217
- Chief financial officerSantiago Giraldo Aug 7, 2017 to Mar 11, 202418
- Chief financial officerJoaquin Fernandez Mar 18, 2014 to Apr 15, 201419
- Chief operating officerChristian T. Daes Mar 18, 2014 to Mar 9, 202320
Board members and other officers (13)
- OfficerJoaquin Fernandez Jul 16, 2014 to Feb 1, 201721
- Board memberAnne Louise Carricarte Aug 25, 2022 to now22
- Board memberCure Carlos Alfredo Cure Dec 11, 2019 to Dec 11, 201923
- Board memberVergara Luis Fernando Castro Nov 26, 2018 to Nov 26, 201824
- Board memberChristian T. Daes Mar 18, 2014 to Mar 9, 202320
- Board memberJose M. Daes Mar 18, 2014 to Mar 9, 202314
- Board memberJuan Carlos Vilarino Mar 18, 2014 to Oct 3, 201725
- Board memberSamuel R. Azout Mar 18, 2014 to Jan 3, 201826
- Board memberA. Lorne Weil Mar 16, 2012 to Nov 12, 202427
- Board memberJulio A. Torres Mar 16, 2012 to Nov 12, 202416
- Board memberMartha L. Byorum Mar 16, 2012 to Sep 3, 202128
- Board memberRudolf M. Hommes Mar 16, 2012 to Mar 16, 201229
- Board memberSalom Luis Eduardo Robayo Mar 16, 2012 to Mar 16, 201217
Subsidiaries and ownership
Subsidiaries (Exhibit 21)
- Energía Solar S.A.S. E.S. Windows Sucursal Bolivia4
- branch of C.I. Energía Solar S.A.S E.S. Windows Colombia registered to do business in Bolivia.4
- limited liability company organized under the laws of Florida, dedicated to do business in the District of Colombia, which is owned4
- limited liability company organized under the laws of Florida, dedicated to do business in the state of California, which is owned4
The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.
Former names
Timeline
- Sep 10, 20268-K Other events30
- Aug 6, 20268-K Results of operations31
- Jul 20, 20268-K Bylaws or fiscal year changed32
- Jul 7, 20268-K Change to shareholders' rights; Bylaws or fiscal year changed; Other events33
- Jun 25, 20268-K Regulation FD disclosure34
- Jun 16, 20268-K Shareholder vote35
- Jun 10, 20268-K Other events36
- May 7, 20268-K Results of operations37
- Apr 9, 20268-K Results of operations38
- Mar 18, 20268-K Other events39
- Feb 26, 20268-K Results of operations40
- Dec 19, 20258-K Shareholder vote41
- Mar 18, 2014New chief executive Jose M. Daes becomes CEO14
- Feb 6, 2013New chief executive B. Luke Weil becomes CEO15
- Mar 16, 2012New chief executive Salom Luis Eduardo Robayo becomes CEO17
- Mar 16, 2012New chief executive Julio A. Torres becomes CEO16
Calendar
Coming up
- Nov 5, 2026Reports results for the quarter ending Sep/2026 A year earlier it reported $1 a share, on Nov 6, 2025.42
When it reported results
- Aug 6, 2026Reported quarterly or annual results31
- May 7, 2026Reported quarterly or annual results37
- Apr 9, 2026Reported quarterly or annual results38
- Feb 26, 2026Reported quarterly or annual results40
- Nov 6, 2025Reported quarterly or annual results43
- Aug 7, 2025Reported quarterly or annual results44
- May 8, 2025Reported quarterly or annual results45
- Feb 27, 2025Reported quarterly or annual results46
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
148 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 72 major events, 20 insider forms, 12 large holders, 24 other. The latest 20:
- Sep 10, 20268-K EDGAR
- Aug 6, 202610-Q EDGAR
- Aug 6, 20268-K EDGAR
- Jul 20, 20268-K/A EDGAR
- Jul 7, 20268-K EDGAR
- Jun 25, 2026425 EDGAR
- Jun 25, 20268-K EDGAR
- Jun 16, 20268-K EDGAR
- Jun 10, 20268-K EDGAR
- May 18, 20264 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES EDGAR
- May 14, 2026424B4 EDGAR
- May 13, 2026SCHEDULE 13D/A EDGAR
- May 8, 2026EFFECT EDGAR
- May 8, 202610-Q EDGAR
- May 7, 20268-K EDGAR
- May 5, 2026CORRESP EDGAR
- May 4, 2026S-4/A EDGAR
- Apr 27, 2026UPLOAD EDGAR
- Apr 21, 2026S-4 EDGAR
- Apr 9, 20268-K EDGAR
The 148 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
21 open-market trades by officers, directors and large owners since October 2021: 10 buys and 11 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| May 15, 2026 | Energy Holding Corp10% owner | Buy | 19,121 | $40.27 | $770.0K | Form 4 |
| May 14, 2026 | Energy Holding Corp10% owner | Buy | 80,879 | $40.56 | $3.3M | Form 4 |
| Mar 13, 2026 | Energy Holding Corp10% owner | Buy | 107,629 | $45.11 | $4.9M | Form 4 |
| Mar 12, 2026 | Energy Holding Corp10% owner | Buy | 107,600 | $45.28 | $4.9M | Form 4 |
| Mar 11, 2026 | Energy Holding Corp10% owner | Buy | 92,066 | $44.24 | $4.1M | Form 4 |
| Mar 10, 2026 | Energy Holding Corp10% owner | Buy | 107,600 | $43.41 | $4.7M | Form 4 |
| Mar 9, 2026 | Energy Holding Corp10% owner | Buy | 107,000 | $41.06 | $4.4M | Form 4 |
| Mar 6, 2026 | Carricarte Anne LouiseDirector | Buy | 1,100 | $43.28 | $47.6K | Form 4 |
| Aug 14, 2025 | Energy Holding Corp10% owner | Sale | 1,495,898 | $79.03 | $118.2M | Form 4 |
| May 13, 2025 | Energy Holding Corp10% owner | Sale | 1,490,000 | $82.30 | $122.6M | Form 4 |
| Nov 12, 2024 | WEIL A LORNEDirector | Sale | 88,173 | $72.71 | $6.4M | Form 4 |
| Nov 12, 2024 | Torres Julio A.Director | Sale | 30,520 | $72.83 | $2.2M | Form 4 |
| Nov 12, 2024 | Energy Holding Corp10% owner | Sale | 1,432,120 | $73.02 | $104.6M | Form 4 |
| Mar 8, 2024 | Giraldo SantiagoChief Financial Officer | Buy | 563 | $44.47 | $25.0K | Form 4 |
| May 19, 2023 | Energy Holding Corp10% owner | Sale | 2,300,000 | $41.07 | $94.5M | Form 4 |
| Mar 9, 2023 | Energy Holding Corp10% owner | Buy | 519,412 | $42.26 | $22.0M | Form 4 |
| Mar 9, 2023 | Daes Christian TChief Operating Officer | Sale | 204,632 | $42.26 | $8.6M | Form 4 |
| Mar 9, 2023 | Daes Jose MChief Executive Officer | Sale | 275,810 | $42.26 | $11.7M | Form 4 |
| Dec 1, 2022 | WEIL A LORNEDirector | Sale | 35,000 | $30.24 | $1.1M | Form 4 |
| Nov 9, 2022 | Torres Julio A.Director | Sale | 25,000 | $25.46 | $636.5K | Form 4 |
All 21 trades can be filtered by person here when JavaScript is on.
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- Energy Holding CorpSCHEDULE 13D/A, 6 filings May 26, 2023 to May 13, 202647
- FMR LLCSCHEDULE 13G/A, 5 filings Feb 9, 2024 to Nov 5, 202548
- AMERICAN CENTURY INVESTMENT MANAGEMENT INCSC 13G/A, 1 filing Feb 4, 202249
Executive pay
What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.
| Year | Executive | Age | Salary | Total pay |
|---|---|---|---|---|
| 2024 | Christian T. Daes | 61 | $3.3M | $4.4M50 |
| 2024 | Jose M. Daes | 65 | $3.3M | $4.4M50 |
| 2024 | Carlos Amin | $225.0K | $1.7M50 | |
| 2024 | Samir Amin | $225.0K | $1.7M50 | |
| 2024 | Santiago Giraldo | 49 | $665.3K | $898.1K50 |
| 2023 | Chief Executive Officer | $2.9M | $4.0M50 | |
| 2023 | Chief Operating Officer | $2.9M | $4.0M50 | |
| 2023 | Vice president of Operations and Logistics | $225.0K | $1.6M50 | |
| 2023 | Vice president of Sales | $225.0K | $1.6M50 | |
| 2023 | Chief Financial Officer | $594.0K | $801.9K50 | |
| 2022 | Chief Executive Officer | $2.1M | $2.8M50 | |
| 2022 | Chief Operating Officer | $2.1M | $2.8M50 | |
| 2022 | Vice president of Operations and Logistics | $200.0K | $1.2M50 | |
| 2022 | Vice president of Sales | $200.0K | $1.2M50 | |
| 2022 | Chief Financial Officer | $440.0K | $594.0K50 |
Held by these funds
The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026. Change is in shares since the quarter before.
| Fund | Shares | Value | Share of the fund | Change |
|---|---|---|---|---|
| Owls Nest Partners IA, LLC | 693,124 | $32.4M | 10.5% | New |
| Cooke & Bieler LP | 549,174 | $25.7M | 0.3% | New |
| Marshall Wace, Llp | 231,507 | $10.8M | 0.0% | New |
| Dark Forest Capital Management LP | 32,330 | $1.5M | 0.1% | New |
| Ensign Peak Advisors, Inc | 11,760 | $550.5K | 0.0% | New |
| Rothschild Investment LLC | 11,159 | $522.4K | 0.0% | New |
| Systematic Alpha Investments, LLC | 8,800 | $411.9K | 0.0% | New |
| Parallel Advisors, LLC | 787 | $36.8K | 0.0% | New |
| Aster Capital Management (DIFC) Ltd | 391 | $18.3K | 0.0% | New |
| SBI Securities Co., Ltd. | 385 | $18.0K | 0.0% | New |
| EverSource Wealth Advisors, LLC | 313 | $14.7K | 0.0% | New |
| Public Employees Retirement System Of Ohio | 212 | $9.9K | 0.0% | New |
| Price T Rowe Associates Inc /md/ | 31,577 | $1.5K | 0.0% | New |
| Essential Partners LLC | 24 | $1.1K | 0.0% | New |
| Arax Advisory Partners | 21 | $983 | 0.0% | New |
| Cornerstone Planning Group LLC | 17 | $769 | 0.0% | New |
| Fortitude Family Office, LLC | 14 | $655 | 0.0% | New |
| Creative Capital Management Investments LLC | 6 | $281 | 0.0% | New |
13F reports cover disclosed long positions in U.S. stocks only.
SEC filer profile
How Tecnoglass Holdings Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARTecnoglass Holdings Inc.1
- CIK0001534675
- Employer ID (EIN)98-12711205
- Filer statusLarge accelerated filer not an emerging growth company; not a smaller reporting company; a shell company5
- Incorporated inCayman Islands5
- Fiscal year endsDecember 311
- Industry code (SIC)3211 Flat Glass1
- SEC reviewing officeOffice of Manufacturing, Division of Corporation Finance1
- Business address3550 Nw 49Th Street,, Miami, FL 331421
- Phone1(305)638-51511
- Shares outstanding44,364,616 as of Aug 3, 202612
- Public float$2.0B as of Jun 30, 20255
- AuditorPwC Contadores y Auditores S. A. S, Barranquilla, Colombia PCAOB ID 6466; it also attests to the company’s internal control over financial reporting5
- On EDGAR sinceNov 18, 20111
- Filings540 in all: 8-K (186), 4 (73), 10-Q (44), UPLOAD (19), 3 (17), CORRESP (17), 10-K (15), DEFA14A (14)1
All 48 form types
SC 13G/A (13), DEF 14A (12), S-1/A (12), 10-Q/A (11), SC 13G (11), 424B3 (8), EFFECT (7), 144 (6), POS AM (6), 10-K/A (5), S-4/A (5), SC 13D/A (5), 424B4 (4), 8-K/A (4), NT 10-K (4), NT 10-Q (4), SCHEDULE 13D/A (3), SCHEDULE 13G/A (3), 25-NSE (2), 424B7 (2), 425 (2), 8-A12B (2), PRER14A (2), S-1 (2), S-3 (2), S-4 (2), SC 13D (2), SC TO-I/A (2), 25 (1), 4/A (1), 424A (1), CERT (1), CERTNAS (1), DEFM14A (1), DEFR14A (1), PRE 14A (1), PREM14A (1), S-3ASR (1), SC TO-C (1), SC TO-I (1)
- Latest filingsAnnual report (10-K) Mar 2, 2026
Quarterly report (10-Q) Aug 6, 2026
Proxy statement (DEF 14A) Nov 28, 2025
Latest 8-K (8-K) Sep 10, 2026
Securities registered for trading
| Class | Symbol | Exchange |
|---|---|---|
| Ordinary Shares | TGLS | The New York Stock Exchange |
From the cover page of the 10-K filed Mar 2, 2026 (Section 12(b) of the Exchange Act).5
Risk factors and legal proceedings
The risks Tecnoglass Holdings Inc. names in Item 1A of its 10-K filed Mar 2, 2026: 56 risks under these headings, as written.5
- Risks Related to Our Business Operations
- We operate in competitive markets, and our business could suffer if we are unable to adequately address potential downward pricing pressures and other factors that may reduce operating margins.
- Failure to maintain the performance, reliability and quality standards required by our customers could have a materially negative impact on our financial condition and results of operation.
- The volatility of the cost of raw materials used to produce our products could materially adversely affect our results of operations in the future.
- We depend on third-party suppliers for our raw materials and any failure of such third-party suppliers in providing raw materials could negatively affect our ability to manufacture our products.
- We rely on third-party transportation, which subjects us to risks and costs that we cannot control, and which risks and costs may materially adversely affect our operations.
- We may not realize the anticipated benefit through our joint venture with Saint-Gobain as the construction of a new plant as part of the joint venture may not be completed as planned.
- The success of our business depends, in part, on our ability to execute on our acquisition strategy, to successfully integrate acquisitions and to retain key employees of our acquired businesses.
- We may not be able to realize the expected return on our growth and efficiency capital expenditure plan.
- Our success depends upon our ability to develop new products and services, integrate acquired products and services and enhance existing products and services through product development initiatives and technological advances. Any failure to make such improvements could harm our future business and prospects.
- The home building industry and the home repair and remodeling sector are regulated, and any increased regulatory restrictions could negatively affect our sales and results of operations.
- Changes in building codes could lower the demand for our impact-resistant windows and doors.
The other 45 risks
- We are subject to labor, and health and safety regulations, and may be exposed to liabilities and potential costs for lack of compliance.
- Equipment failures, delays in deliveries and catastrophic loss at our manufacturing facility could lead to production curtailments or shutdowns that prevent us from producing our products.
- Our reliance for a majority of our business on a single facility subjects us to concentrated risks.
- Customer concentration and related credit, commercial and legal risk may adversely impact our future earnings and cash flows.
- Our results may not match our provided guidance or the expectations of securities analysts or investors, which likely would have an adverse effect on the market price of our securities.
- If new construction levels and repair and remodeling markets decline, such market pressures could negatively affect our results of operations.
- We may be adversely affected by disruptions to our manufacturing facilities or disruptions to our customer, supplier or employee base.
- Our business involves complex manufacturing processes that may cause personal injury or property damage, subjecting us to liabilities, possible losses, and other disruptions of our operations in the future, which may not be covered by insurance.
- The nature of our business exposes each of our subsidiaries to product liability and warranty claims that, if adversely determined, could negatively affect our financial condition and results of operations and the confidence of customers in our products.
- We are subject to potential exposure to environmental liabilities and are subject to environmental regulation and any such liabilities or regulation may negatively affect our costs and results of operations in the future.
- Weather can materially affect our business and we are subject to seasonality.
- Our results of operations could be significantly affected by foreign currency fluctuations and currency regulations.
- We are dependent on certain key personnel, the loss of whom could materially affect our financial performance and prospects in the future.
- Members of our management team have been, may be, or may become, involved in litigation, investigations or other proceedings. The defense or prosecution of these matters could be time-consuming and could divert our management’s attention, and may have an adverse effect on us.
- We have entered into significant transactions with affiliates or other related parties, which may result in conflicts of interest.
- The interests of our controlling shareholders could differ from the interests of our other shareholders.
- We conduct all of our operations through our subsidiaries and will rely on payments from our subsidiaries to meet all of our obligations and may fail to meet our obligations if our subsidiaries are unable to make payments to us.
- Increasing interest rates could materially adversely affect our ability to generate positive cashflows and secure financing required to carry out our strategic plans.
- Our indebtedness could adversely affect our financial health and prevent us from fulfilling our obligations.
- Risks Related to Colombia and Other Countries Where We Operate
- Our operations are located in Colombia, which may make it more difficult for U.S. investors to understand and predict how changing market and economic conditions will affect our financial results.
- Economic and political conditions in Colombia may have an adverse effect on our financial condition and results of operations.
- The Colombian Government and the Central Bank exercise significant influence on the Colombian economy.
- Factors such as Colombia’s growing public debt and fluctuating exchange rates could adversely affect the Colombian economy.
- Economic instability in Colombia could negatively affect our ability to sell our products.
- We are dependent on sales to customers outside Colombia and any failure to make these sales may adversely affect our operating results in the future.
- Our business could be negatively impacted by potential tariffs imposed by the U.S government and trade tensions between the U.S. and Colombia.
- We are subject to trade investigations conducted by U.S. authorities over Colombian products that may result in additional duties for our products.
- We are subject to regional and national economic conditions in the United States.
- Armed conflicts around the globe, including sanctions and tensions between United States, NATO allies and several eastern countries, may adversely affect the results of our operations.
- Colombia has experienced and continues to experience internal security issues that have had or could have a negative effect on the Colombian economy and our financial condition.
- Tensions with neighboring countries, including Venezuela and other Latin American countries, may affect the Colombian economy and, consequently, our results of operations and financial condition in the future.
- Government policies and actions and judicial decisions in Colombia could significantly affect the local economy and, as a result, our results of operations and financial condition in the future.
- We are subject to money laundering and terrorism financing risks.
- Changes in Colombia’s customs, import and export laws and foreign policy, may have an adverse effect on our financial condition and results of operations.
- It may be difficult or impossible to enforce judgments of courts of the United States and other jurisdictions against our Colombian subsidiaries or any of their directors, officers and controlling persons.
- New or higher taxes resulting from changes in tax regulations or the interpretation thereof in Colombia could adversely affect our results of operations and financial condition in the future.
- We are subject to various U.S. export controls and trade and economic sanctions laws and regulations that could impair our ability to compete in international markets and subject us to liability if we are not in full compliance with applicable laws.
- Natural disasters in Colombia could disrupt our business and affect our results of operations and financial condition in the future.
- Risks Related to Us and Our Securities
- Because we are incorporated under the laws of the Cayman Islands, you may face difficulties in protecting your interests, and your ability to protect your rights through the U.S. Federal courts may be limited.
- If we fail to maintain proper and effective internal controls, our ability to produce accurate financial statements could be impaired, which could adversely affect our business.
- Anti-takeover provisions in our organizational documents and Cayman Islands law may discourage or prevent a change of control, even if an acquisition would be beneficial to our shareholders, which could depress the price of our ordinary shares and prevent attempts by our shareholders to replace or remove our current management.
- We cannot assure you that we will continue to pay dividends on our ordinary shares, and our indebtedness, future investments or cashflow generation could limit our ability to continue to pay dividends on our ordinary shares.
- If securities analysts do not publish research or reports about our business or if they downgrade our stock or our sector, our stock price and trading volume could decline.
- If a United States person is treated as owning at least 10% of the value or voting power of our shares, such holder may be subject to adverse U.S. federal income tax consequences.
- We may be adversely affected by any disruption in our information technology systems. Our operations are dependent upon our information technology systems, which encompass all of our major business functions.
Legal proceedings
From time to time, we are involved in legal matters arising in the regular course of business. Some disputes are derived directly from our construction projects, related to supply and installation, and even though deemed ordinary; they may involve significant monetary damages. We are also subject to other types of litigation arising from employment practices, worker’s compensation, automobile claims and general liability. It is very difficult to predict precisely what the outcome of this litigation might be. However, with the information at our disposition as this time, there are no indications that such claims will result in a material adverse effect on our business, financial condition or results of operations.
The opening of Item 3, Legal Proceedings.5
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1
- 2Yahoo FinanceTGLS quote
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10
- 11
- 12
- 13
- 14
- 15
- 16
- 17
- 18
- 19
- 20
- 21SEC EDGARJoaquin Fernandez, Officer
- 22SEC EDGARAnne Louise Carricarte, Board member
- 23
- 24
- 25SEC EDGARJuan Carlos Vilarino, Board member
- 26SEC EDGARSamuel R. Azout, Board member
- 27SEC EDGARA. Lorne Weil, Board member
- 28SEC EDGARMartha L. Byorum, Board member
- 29SEC EDGARRudolf M. Hommes, Board member
- 30SEC EDGAROther events
- 31SEC EDGARResults of operations
- 32SEC EDGARBylaws or fiscal year changed
- 33
- 34SEC EDGARRegulation FD disclosure
- 35SEC EDGARShareholder vote
- 36SEC EDGAROther events
- 37SEC EDGARResults of operations
- 38SEC EDGARResults of operations
- 39SEC EDGAROther events
- 40SEC EDGARResults of operations
- 41SEC EDGARShareholder vote
- 42NasdaqNasdaq calendar
- 43
- 44
- 45
- 46
- 47
- 48
- 49
- 50