Tecnoglass 2025 Q3 Earnings Revenue Surges 9.3% Amid EPS Decline

Tecnoglass (TGLS) reported mixed Q3 2025 results, with revenue rising 9.3% year-over-year to $260.48 million but EPS declining 3.8% to $1.01. The stock fell 2.78% on the day and 22.73% month-to-date amid reduced full-year revenue guidance to $970M–$990M, down from a prior $1 billion target.

Revenue

Driven by strong organic growth in both segments, Tecnoglass reported Q3 revenue of $260.48 million. The single-family residential division contributed $113.5 million, reflecting a 3.4% year-over-year increase, while the multi-family and commercial segment saw a 14.3% rise to $147 million. The company attributed the growth to pricing initiatives, geographic expansion, and a robust project pipeline.

Earnings/Net Income

Net income declined to $47.19 million in Q3 2025, a 4.7% drop from $49.53 million in the prior year. The EPS decline and miss against estimates by $0.11 indicate a challenging quarter for profitability.

Post-Earnings Price Action Review

The stock’s sharp post-earnings decline reflected investor concerns over reduced guidance and project invoicing delays. Despite record backlog growth and strategic investments, near-term margin pressures from aluminum costs and FX headwinds overshadowed positive momentum.

CEO Commentary

CEO José Manuel Daes highlighted resilience in a challenging macroeconomic environment, emphasizing a record $1.3 billion backlog and disciplined capital allocation. He underscored confidence in double-digit 2026 growth, driven by geographic expansion and vinyl product ramp-ups.

Guidance

Tecnoglass revised full-year 2025 revenue guidance to $970M–$990M, below the prior $1 billion target, citing slower light commercial project starts. Adjusted EBITDA guidance was set at $294M–$304 million, reflecting ongoing cost pressures.

Additional News

Recent strategic moves include a $150 million share repurchase program expansion and plans for a $375 million automated U.S. factory in Florida. The factory aims to offset input costs and tariffs while boosting production capacity. A record $1.3 billion backlog, up 20% year-over-year, supports long-term visibility through 2027.