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Tecnoglass TGLS Accounts Receivable, Credit Loss Expense (Reversal)

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Other financials

Income statement

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Revenue$295.3M+15.6%
Gross profit$110.0M-3.8%
Operating income$36.5M-40.3%
Net income$24.6M-44.3%
EPS (diluted)$0.55-41.5%

Balance sheet

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Cash & equivalents$80.8M-41.4%
Total debt$229.3M+110%
Total equity$788.8M+7.2%
Total assets$1.4B+21.1%

Cash flow

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Operating cash flow$4.4M-75.4%
CapEx$35.4M+8.9%
Free cash flow-$31.0M

Valuation

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Market cap$1.84B-49.4%
Enterprise value$1.99B-44.9%
P/E14.2×-5.7×
P/S1.8×-2.1×

Profitability

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Gross margin39.6%-5.2pp
Operating margin18.3%-8.5pp
Net margin12.4%-6.8pp
FCF margin-0.8%

Returns & leverage

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Return on equity17%-10.9pp
Debt / equity0.3×+0.1×
Current ratio1.9×-0.1×

Where this comes from

Reported directly by Tecnoglass in its filing.

Tagged under the XBRL concept us-gaap:ProvisionForDoubtfulAccounts.

The source filing: Tecnoglass’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 4:30 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001493152-26-036362
Line item2026 / Six months ended June 30,2025 / Six months ended June 30,
CASH FLOWS FROM OPERATING ACTIVITIES
Net income$56,44686,272
Adjustments to reconcile net income to net cash provided by operating activities:
Allowance for credit losses1,322987
Depreciation and amortization21,36716,479
Deferred income taxes5,0092,002
Equity method income129(2,286)
Gain on disposal of assets487(4,254)

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FAQ

What is Tecnoglass's accounts receivable, credit loss expense (reversal)?
Tecnoglass (TGLS) reported accounts receivable, credit loss expense (reversal) of $234K in Q2 2026.
How has Tecnoglass's accounts receivable, credit loss expense (reversal) changed year-over-year?
Tecnoglass's accounts receivable, credit loss expense (reversal) decreased by 69.7% year-over-year, from $772K to $234K.
What is the long-term trend for Tecnoglass's accounts receivable, credit loss expense (reversal)?
Over 3 years (2021 to 2025), Tecnoglass's accounts receivable, credit loss expense (reversal) has grown at a 17.7% compound annual growth rate (CAGR), from $1.6M to $2.61M.
What does accounts receivable, credit loss expense (reversal) mean?
Accounts Receivable, Credit Loss Expense (Reversal)

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