Tecnoglass Reports Record $983.6 Million USD 2025 Revenue and Initiates Legal Domicile to the USA

Board moves to shift corporate domicile as company evaluates US plant.

Tecnoglass Inc. (NYSE: TGLS), a manufacturer of architectural glass, windows, and aluminum products for the global residential and commercial construction industries, has announced its financial results for the fourth quarter and full year ended December 31, 2025. The company reported record full year revenues of $983.6 million USD, representing a 10.5% increase compared to the previous year. This growth was attributed to market share gains, geographical expansion within the US, and increased demand for vinyl products.

For the full year 2025, the company reported net income of $159.6 million USD, or $3.42 USD per diluted share. On an adjusted basis, net income reached $167.0 million USD, or $3.58 USD per diluted share. Adjusted EBITDA for the year was $291.3 million USD, accounting for 29.6% of total revenues. The company ended the year with a record backlog of $1.3 billion USD, a 16.1% year-over-year increase, reflecting sustained demand for its vertically integrated product offerings.

Dividend Announcement

On March 18, 2026, the Board of Directors of Tecnoglass Inc. (NYSE: TGLS) declared a quarterly cash dividend of $0.15 USD per share for the first quarter of 2026. This distribution, equivalent to an annualized rate of $0.60 USD per share, will be paid on April 30, 2026, to shareholders of record as of the close of business on March 31, 2026.

In a strategic move to align its corporate structure with its primary market, the board of directors has approved a plan to redomicile Tecnoglass from the Cayman Islands to the United States. The redomiciliation is subject to shareholder approval and is intended to broaden the company’s appeal to a wider range of institutional investors. Additionally, management confirmed that a feasibility study is currently underway for a potential US-based production facility to complement its existing 5.8 million square foot manufacturing complex in Barranquilla, Colombia.

“Our geographical expansion, vinyl window offering, and market share gains continue to drive growth in our business.” — Christian Daes, Chief Operating Officer of Tecnoglass Inc.

The company also highlighted its capital allocation strategy, which included the repurchase of $118.0 million USD in shares during 2025. The Board has recently approved a $100 million USD increase to the existing share repurchase program, bringing the total authorization to $250 million USD. As of the end of February 2026, approximately $110 million USD remains available under this program. Tecnoglass maintained a strong balance sheet with net leverage of 0.24x and total liquidity of approximately $465 million USD at year end.

Operational highlights for the fourth quarter included revenues of $245.3 million USD and Adjusted EBITDA of $62.2 million USD. Residential revenue for the full year reached a record $403.4 million USD. The company noted that its acquisition of Continental Glass Systems assets in early 2025 contributed to the growth in multi-family and commercial segments. Detailed financial filings regarding these results have been submitted to the Securities and Exchange Commission and are available via the New York Stock Exchange.

Looking forward to 2026, Tecnoglass introduced full year revenue guidance in the range of $1.06 billion USD to $1.13 billion USD. This outlook assumes continued organic growth and the benefits of recent investments in vinyl production capacity.

Above photo: Tecnoglass at the New York Stock Exchange (photo © Loren Moss)