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Tecnoglass TGLS US — Current Income Tax Expense Benefit

Other geography segments

CO
$11.55M

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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 US — current income tax expense benefit?
Tecnoglass (TGLS) reported US — current income tax expense benefit of $7.09M in Q1 2026.
How has Tecnoglass's US — current income tax expense benefit changed year-over-year?
Tecnoglass's US — current income tax expense benefit increased by 95.1% year-over-year, from $3.63M to $7.09M.
What is the long-term trend for Tecnoglass's US — current income tax expense benefit?
Over 3 years (2021 to 2024), Tecnoglass's US — current income tax expense benefit has grown at a 129.6% compound annual growth rate (CAGR), from $1.68M to $20.31M.
What does US — current income tax expense benefit mean?
This metric measures the amount of income tax currently payable to tax authorities based on the taxable income generated within the US segment for the reporting period. It reflects the immediate cash tax obligations arising from US operations. Investors use this to assess the effective tax burden and cash flow impact of the company's US-based business activities.