vs
Side-by-side financial comparison of Bandwidth Inc. (BAND) and Tecnoglass Inc. (TGLS). Click either name above to swap in a different company.
Tecnoglass Inc. is the larger business by last-quarter revenue ($245.3M vs $208.8M, roughly 1.2× Bandwidth Inc.). Tecnoglass Inc. runs the higher net margin — 10.6% vs 1.9%, a 8.7% gap on every dollar of revenue. On growth, Bandwidth Inc. posted the faster year-over-year revenue change (20.1% vs 2.4%). Tecnoglass Inc. produced more free cash flow last quarter ($11.4M vs $-1.0M). Over the past eight quarters, Tecnoglass Inc.'s revenue compounded faster (12.8% CAGR vs 9.7%).
Bandwidth Inc. is a communications platform as a service company. It sells software application programming interfaces for voice, text messaging and emergency services, using its own global IP voice network.
Tecnoglass Inc. is a leading manufacturer of high-performance architectural glass, aluminum windows, doors, and associated building components. It primarily caters to residential and commercial construction sectors across North America and Latin America, offering custom, energy-efficient solutions for new construction and renovation projects.
BAND vs TGLS — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $208.8M | $245.3M |
| Net Profit | $4.0M | $26.1M |
| Gross Margin | 37.3% | 40.0% |
| Operating Margin | 60.5% | 18.3% |
| Net Margin | 1.9% | 10.6% |
| Revenue YoY | 20.1% | 2.4% |
| Net Profit YoY | 200.0% | -44.5% |
| EPS (diluted) | $-0.08 | $0.57 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | $208.8M | — | ||
| Q4 25 | $207.7M | $245.3M | ||
| Q3 25 | $191.9M | $260.5M | ||
| Q2 25 | $180.0M | $255.5M | ||
| Q1 25 | $174.2M | $222.3M | ||
| Q4 24 | $210.0M | $239.6M | ||
| Q3 24 | $193.9M | $238.3M | ||
| Q2 24 | $173.6M | $219.7M |
| Q1 26 | $4.0M | — | ||
| Q4 25 | — | $26.1M | ||
| Q3 25 | $-1.2M | $47.2M | ||
| Q2 25 | $-4.9M | $44.1M | ||
| Q1 25 | $-3.7M | $42.2M | ||
| Q4 24 | — | $47.0M | ||
| Q3 24 | $413.0K | $49.5M | ||
| Q2 24 | $4.1M | $35.0M |
| Q1 26 | 37.3% | — | ||
| Q4 25 | 37.6% | 40.0% | ||
| Q3 25 | 38.5% | 42.7% | ||
| Q2 25 | 39.8% | 44.7% | ||
| Q1 25 | 41.0% | 43.9% | ||
| Q4 24 | 36.4% | 44.5% | ||
| Q3 24 | 37.7% | 45.8% | ||
| Q2 24 | 37.3% | 40.8% |
| Q1 26 | 60.5% | — | ||
| Q4 25 | -1.9% | 18.3% | ||
| Q3 25 | -1.0% | 25.1% | ||
| Q2 25 | -2.1% | 24.0% | ||
| Q1 25 | -2.7% | 26.7% | ||
| Q4 24 | -1.3% | 28.0% | ||
| Q3 24 | -0.5% | 28.4% | ||
| Q2 24 | -3.5% | 23.3% |
| Q1 26 | 1.9% | — | ||
| Q4 25 | — | 10.6% | ||
| Q3 25 | -0.6% | 18.1% | ||
| Q2 25 | -2.7% | 17.3% | ||
| Q1 25 | -2.1% | 19.0% | ||
| Q4 24 | — | 19.6% | ||
| Q3 24 | 0.2% | 20.8% | ||
| Q2 24 | 2.3% | 15.9% |
| Q1 26 | $-0.08 | — | ||
| Q4 25 | $-0.10 | $0.57 | ||
| Q3 25 | $-0.04 | $1.01 | ||
| Q2 25 | $-0.16 | $0.94 | ||
| Q1 25 | $-0.13 | $0.90 | ||
| Q4 24 | $0.27 | $1.00 | ||
| Q3 24 | $0.01 | $1.05 | ||
| Q2 24 | $-0.17 | $0.75 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $47.3M | $104.1M |
| Total DebtLower is stronger | — | $174.4M |
| Stockholders' EquityBook value | $405.7M | $713.1M |
| Total Assets | $984.2M | $1.3B |
| Debt / EquityLower = less leverage | — | 0.24× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $47.3M | — | ||
| Q4 25 | $111.3M | $104.1M | ||
| Q3 25 | $80.4M | $127.1M | ||
| Q2 25 | $68.1M | $140.9M | ||
| Q1 25 | $41.7M | $160.2M | ||
| Q4 24 | $83.8M | $137.5M | ||
| Q3 24 | $79.9M | $124.8M | ||
| Q2 24 | $76.4M | $129.5M |
| Q1 26 | — | — | ||
| Q4 25 | — | $174.4M | ||
| Q3 25 | — | $114.7M | ||
| Q2 25 | — | $110.6M | ||
| Q1 25 | — | $110.6M | ||
| Q4 24 | — | $111.1M | ||
| Q3 24 | — | $126.8M | ||
| Q2 24 | — | $144.7M |
| Q1 26 | $405.7M | — | ||
| Q4 25 | $400.0M | $713.1M | ||
| Q3 25 | $392.7M | $764.0M | ||
| Q2 25 | $384.5M | $736.0M | ||
| Q1 25 | $345.4M | $685.1M | ||
| Q4 24 | $312.5M | $631.2M | ||
| Q3 24 | $336.6M | $613.3M | ||
| Q2 24 | $307.4M | $574.8M |
| Q1 26 | $984.2M | — | ||
| Q4 25 | $1.1B | $1.3B | ||
| Q3 25 | $1.0B | $1.2B | ||
| Q2 25 | $1.0B | $1.2B | ||
| Q1 25 | $964.4M | $1.1B | ||
| Q4 24 | $989.2M | $1.0B | ||
| Q3 24 | $1.0B | $996.3M | ||
| Q2 24 | $1.0B | $942.5M |
| Q1 26 | — | — | ||
| Q4 25 | — | 0.24× | ||
| Q3 25 | — | 0.15× | ||
| Q2 25 | — | 0.15× | ||
| Q1 25 | — | 0.16× | ||
| Q4 24 | — | 0.18× | ||
| Q3 24 | — | 0.21× | ||
| Q2 24 | — | 0.25× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | — | $31.0M |
| Free Cash FlowOCF − Capex | $-1.0M | $11.4M |
| FCF MarginFCF / Revenue | -0.5% | 4.7% |
| Capex IntensityCapex / Revenue | — | 8.0% |
| Cash ConversionOCF / Net Profit | — | 1.19× |
| TTM Free Cash FlowTrailing 4 quarters | — | $34.5M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $38.6M | $31.0M | ||
| Q3 25 | $22.2M | $40.0M | ||
| Q2 25 | $31.7M | $17.9M | ||
| Q1 25 | $-3.1M | $46.9M | ||
| Q4 24 | $36.5M | $61.1M | ||
| Q3 24 | $20.5M | $41.5M | ||
| Q2 24 | $24.4M | $34.5M |
| Q1 26 | $-1.0M | — | ||
| Q4 25 | — | $11.4M | ||
| Q3 25 | — | $21.2M | ||
| Q2 25 | — | $-14.7M | ||
| Q1 25 | — | $16.5M | ||
| Q4 24 | — | $35.4M | ||
| Q3 24 | — | $17.8M | ||
| Q2 24 | — | $14.2M |
| Q1 26 | -0.5% | — | ||
| Q4 25 | — | 4.7% | ||
| Q3 25 | — | 8.2% | ||
| Q2 25 | — | -5.7% | ||
| Q1 25 | — | 7.4% | ||
| Q4 24 | — | 14.8% | ||
| Q3 24 | — | 7.5% | ||
| Q2 24 | — | 6.5% |
| Q1 26 | — | — | ||
| Q4 25 | — | 8.0% | ||
| Q3 25 | — | 7.2% | ||
| Q2 25 | — | 12.7% | ||
| Q1 25 | — | 13.7% | ||
| Q4 24 | — | 10.7% | ||
| Q3 24 | — | 9.9% | ||
| Q2 24 | — | 9.2% |
| Q1 26 | — | — | ||
| Q4 25 | — | 1.19× | ||
| Q3 25 | — | 0.85× | ||
| Q2 25 | — | 0.41× | ||
| Q1 25 | — | 1.11× | ||
| Q4 24 | — | 1.30× | ||
| Q3 24 | 49.55× | 0.84× | ||
| Q2 24 | 6.03× | 0.98× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BAND
Segment breakdown not available.
TGLS
| Product Sales | $164.2M | 67% |
| Fixed Price Contracts | $81.1M | 33% |
| Related Party | $692.0K | 0% |
