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Tecnoglass TGLS CO — Current Income Tax Expense Benefit

Other geography segments

US
$3.63M

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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%

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:CurrentIncomeTaxExpenseBenefit.

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 CO — current income tax expense benefit?
Tecnoglass (TGLS) reported CO — current income tax expense benefit of $5.36M in Q1 2026.
How has Tecnoglass's CO — current income tax expense benefit changed year-over-year?
Tecnoglass's CO — current income tax expense benefit decreased by 53.6% year-over-year, from $11.55M to $5.36M.
What is the long-term trend for Tecnoglass's CO — current income tax expense benefit?
Over 3 years (2021 to 2024), Tecnoglass's CO — current income tax expense benefit has grown at a 26.6% compound annual growth rate (CAGR), from $22.35M to $45.4M.
What does CO — current income tax expense benefit mean?
This metric reflects the amount of income tax currently payable or refundable based on the taxable income generated within a specific segment for the reporting period. It provides insight into the immediate tax burden or fiscal relief associated with the segment's operational profitability. Analyzing this helps stakeholders understand the impact of local tax jurisdictions on the segment's net contribution to the company's bottom line.