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Tecnoglass TGLS Unbilled Revenue

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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:UnbilledReceivablesCurrent.

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 unbilled revenue?
Tecnoglass (TGLS) reported unbilled revenue of $6.81M in Q1 2026.
How has Tecnoglass's unbilled revenue changed year-over-year?
Tecnoglass's unbilled revenue increased by 17.0% year-over-year, from $5.82M to $6.81M.
What is the long-term trend for Tecnoglass's unbilled revenue?
Over 5 years (2020 to 2025), Tecnoglass's unbilled revenue has grown at a -7.7% compound annual growth rate (CAGR), from $13.53M to $9.08M.
What does unbilled revenue mean?
This represents revenue that has been earned through the delivery of goods or services but has not yet been invoiced to the customer. It is a critical indicator of project progress and the company's ability to generate future cash inflows. High levels of unbilled revenue may indicate long project cycles or delays in the billing process.