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Tecnoglass TGLS Provision for Credit Losses

Provision for Credit Losses at other companies

XPEL, Inc.XPEL

$343K+370%

CSW Industrials, Inc.CSW

$1.94M+321%

Other financials

Income statement

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

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

Operating cash flow$6.7M-85.7%

CapEx$17.3M-43.3%

Free cash flow-$10.5M-164%

Valuation

Market cap$2.01B-40.7%

Profitability

Gross margin41.5%-2.3pp

Operating margin21.4%-5.3pp

Net margin14.8%-4.1pp

FCF margin9.1%—

Returns & leverage

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:ProvisionForDoubtfulAccounts.

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 provision for credit losses?: Tecnoglass (TGLS) reported provision for credit losses of $1.09M in Q1 2026.
How has Tecnoglass's provision for credit losses changed year-over-year?: Tecnoglass's provision for credit losses increased by 406.0% year-over-year, from $215K to $1.09M.
What is the long-term trend for Tecnoglass's provision for credit losses?: Over 3 years (2021 to 2025), Tecnoglass's provision for credit losses has grown at a 17.7% compound annual growth rate (CAGR), from $1.6M to $2.61M.
What does provision for credit losses mean?: Non-cash provision for expected loan losses, added back in operating cash flow since it's a reserve build, not a cash payment.