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Tecnoglass TGLS Contractor receivables

Contractor receivables at other companies

Tecnoglass logo
TecnoglassTGLS
$47.5M+43.7%
Granite Construction logo
Granite ConstructionGVA
$482.71M+42.5%
Otis Worldwide logo
Otis WorldwideOTIS
$58M+1.8%
COPT Defense Properties logo
COPT Defense PropertiesCDP
$2.54M-41.4%
SoundHound AI, Inc. logo
SoundHound AI, Inc.SOUN
$32.75M+52.9%
Granite Construction logo
Granite ConstructionGVA
$70.85M-19.0%

Other financials

Income statement

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Revenue$249.0M+12.0%
Gross profit$95.8M-1.7%
Operating income$44.9M-24.3%
Net income$31.9M-24.4%
EPS (diluted)$0.71-21.1%

Balance sheet

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Cash & equivalents$91.1M-42.1%
Total debt$204.4M+87.4%
Total equity$735.2M+7.3%
Total assets$1.4B+19.5%

Cash flow

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Operating cash flow$6.7M-85.7%
CapEx$17.3M-43.3%
Free cash flow-$10.5M-164%

Valuation

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Market cap$2.01B-40.7%
Enterprise value$2.13B-36.4%
P/E13.5×-6.1×
P/S-1.7×

Profitability

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Gross margin41.5%-2.3pp
Operating margin21.4%-5.3pp
Net margin14.8%-4.1pp
FCF margin9.1%

Returns & leverage

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Return on equity21%-6.6pp
Debt / equity0.3×+0.1×
Current ratio1.8×-0.2×

Where this comes from

Reported directly by Tecnoglass in its filing.

Tagged under the XBRL concept us-gaap:ConstructionContractorReceivableRetainage.

The official record: Tecnoglass’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Tecnoglass's contractor receivables?
Tecnoglass (TGLS) reported contractor receivables of $47.5M in Q1 2026.
How has Tecnoglass's contractor receivables changed year-over-year?
Tecnoglass's contractor receivables increased by 43.7% year-over-year, from $33.07M to $47.5M.
What is the long-term trend for Tecnoglass's contractor receivables?
Over 4 years (2021 to 2025), Tecnoglass's contractor receivables has grown at a 17.9% compound annual growth rate (CAGR), from $22.35M to $43.23M.
What does contractor receivables mean?
This represents the portion of contract payments withheld by customers until the completion of specific project milestones or final project acceptance. It reflects the company's exposure to credit risk and the timing of final cash collection on construction or installation projects. Monitoring this helps assess the quality of receivables and the impact of contract terms on working capital.