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Side-by-side financial comparison of BLACKBERRY Ltd (BB) 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 $141.8M, roughly 1.7× BLACKBERRY Ltd). Tecnoglass Inc. runs the higher net margin — 10.6% vs 9.7%, a 1.0% gap on every dollar of revenue. On growth, Tecnoglass Inc. posted the faster year-over-year revenue change (2.4% vs -0.8%). BLACKBERRY Ltd produced more free cash flow last quarter ($17.4M vs $11.4M). Over the past eight quarters, BLACKBERRY Ltd's revenue compounded faster (17.8% CAGR vs 12.8%).
BlackBerry Limited, formerly Research In Motion (RIM), is a Canadian software company specializing in secure communications and the Internet of Things (IoT). Founded in 1984, it developed the BlackBerry brand of two-way pagers, smartphones, and tablets. The company later transitioned to providing software and services and holds critical software application patents.
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.
BB vs TGLS — Head-to-Head
Income Statement — Q3 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $141.8M | $245.3M |
| Net Profit | $13.7M | $26.1M |
| Gross Margin | 77.5% | 40.0% |
| Operating Margin | 8.4% | 18.3% |
| Net Margin | 9.7% | 10.6% |
| Revenue YoY | -0.8% | 2.4% |
| Net Profit YoY | 224.5% | -44.5% |
| EPS (diluted) | $0.02 | $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.
| Q4 25 | $141.8M | $245.3M | ||
| Q3 25 | $129.6M | $260.5M | ||
| Q2 25 | $121.7M | $255.5M | ||
| Q1 25 | $141.7M | $222.3M | ||
| Q4 24 | $143.6M | $239.6M | ||
| Q3 24 | $126.2M | $238.3M | ||
| Q2 24 | $123.4M | $219.7M | ||
| Q1 24 | $102.1M | $192.6M |
| Q4 25 | $13.7M | $26.1M | ||
| Q3 25 | $13.3M | $47.2M | ||
| Q2 25 | $1.9M | $44.1M | ||
| Q1 25 | $-7.4M | $42.2M | ||
| Q4 24 | $-10.5M | $47.0M | ||
| Q3 24 | $-19.7M | $49.5M | ||
| Q2 24 | $-41.4M | $35.0M | ||
| Q1 24 | $-56.2M | $29.7M |
| Q4 25 | 77.5% | 40.0% | ||
| Q3 25 | 74.5% | 42.7% | ||
| Q2 25 | 74.2% | 44.7% | ||
| Q1 25 | 73.5% | 43.9% | ||
| Q4 24 | 78.1% | 44.5% | ||
| Q3 24 | 70.2% | 45.8% | ||
| Q2 24 | 72.9% | 40.8% | ||
| Q1 24 | — | 38.8% |
| Q4 25 | 8.4% | 18.3% | ||
| Q3 25 | 8.9% | 25.1% | ||
| Q2 25 | 1.6% | 24.0% | ||
| Q1 25 | -5.6% | 26.7% | ||
| Q4 24 | 13.6% | 28.0% | ||
| Q3 24 | 1.7% | 28.4% | ||
| Q2 24 | -10.5% | 23.3% | ||
| Q1 24 | 50.0% | 21.3% |
| Q4 25 | 9.7% | 10.6% | ||
| Q3 25 | 10.3% | 18.1% | ||
| Q2 25 | 1.6% | 17.3% | ||
| Q1 25 | -5.2% | 19.0% | ||
| Q4 24 | -7.3% | 19.6% | ||
| Q3 24 | -15.6% | 20.8% | ||
| Q2 24 | -33.5% | 15.9% | ||
| Q1 24 | -55.0% | 15.4% |
| Q4 25 | $0.02 | $0.57 | ||
| Q3 25 | $0.02 | $1.01 | ||
| Q2 25 | $0.00 | $0.94 | ||
| Q1 25 | $-0.01 | $0.90 | ||
| Q4 24 | $-0.02 | $1.00 | ||
| Q3 24 | $-0.03 | $1.05 | ||
| Q2 24 | $-0.07 | $0.75 | ||
| Q1 24 | $-0.08 | $0.63 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $304.2M | $104.1M |
| Total DebtLower is stronger | $196.2M | $174.4M |
| Stockholders' EquityBook value | $741.1M | $713.1M |
| Total Assets | $1.2B | $1.3B |
| Debt / EquityLower = less leverage | 0.26× | 0.24× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $304.2M | $104.1M | ||
| Q3 25 | $290.5M | $127.1M | ||
| Q2 25 | $306.6M | $140.9M | ||
| Q1 25 | $337.8M | $160.2M | ||
| Q4 24 | $220.0M | $137.5M | ||
| Q3 24 | $211.0M | $124.8M | ||
| Q2 24 | $229.0M | $129.5M | ||
| Q1 24 | $237.1M | $138.8M |
| Q4 25 | $196.2M | $174.4M | ||
| Q3 25 | $195.9M | $114.7M | ||
| Q2 25 | $195.6M | $110.6M | ||
| Q1 25 | $195.3M | $110.6M | ||
| Q4 24 | — | $111.1M | ||
| Q3 24 | — | $126.8M | ||
| Q2 24 | — | $144.7M | ||
| Q1 24 | $194.1M | $160.9M |
| Q4 25 | $741.1M | $713.1M | ||
| Q3 25 | $725.1M | $764.0M | ||
| Q2 25 | $725.1M | $736.0M | ||
| Q1 25 | $719.9M | $685.1M | ||
| Q4 24 | $725.2M | $631.2M | ||
| Q3 24 | $732.1M | $613.3M | ||
| Q2 24 | $742.6M | $574.8M | ||
| Q1 24 | $775.1M | $573.6M |
| Q4 25 | $1.2B | $1.3B | ||
| Q3 25 | $1.2B | $1.2B | ||
| Q2 25 | $1.2B | $1.2B | ||
| Q1 25 | $1.3B | $1.1B | ||
| Q4 24 | $1.3B | $1.0B | ||
| Q3 24 | $1.3B | $996.3M | ||
| Q2 24 | $1.3B | $942.5M | ||
| Q1 24 | $1.4B | $981.6M |
| Q4 25 | 0.26× | 0.24× | ||
| Q3 25 | 0.27× | 0.15× | ||
| Q2 25 | 0.27× | 0.15× | ||
| Q1 25 | 0.27× | 0.16× | ||
| Q4 24 | — | 0.18× | ||
| Q3 24 | — | 0.21× | ||
| Q2 24 | — | 0.25× | ||
| Q1 24 | 0.25× | 0.28× |
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 | $18.3M | $31.0M |
| Free Cash FlowOCF − Capex | $17.4M | $11.4M |
| FCF MarginFCF / Revenue | 12.3% | 4.7% |
| Capex IntensityCapex / Revenue | 0.6% | 8.0% |
| Cash ConversionOCF / Net Profit | 1.34× | 1.19× |
| TTM Free Cash FlowTrailing 4 quarters | $42.8M | $34.5M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $18.3M | $31.0M | ||
| Q3 25 | $3.9M | $40.0M | ||
| Q2 25 | $-18.0M | $17.9M | ||
| Q1 25 | $41.6M | $46.9M | ||
| Q4 24 | $6.0M | $61.1M | ||
| Q3 24 | $-16.0M | $41.5M | ||
| Q2 24 | $-15.1M | $34.5M | ||
| Q1 24 | $-15.5M | $33.4M |
| Q4 25 | $17.4M | $11.4M | ||
| Q3 25 | $3.1M | $21.2M | ||
| Q2 25 | $-18.9M | $-14.7M | ||
| Q1 25 | $41.2M | $16.5M | ||
| Q4 24 | $5.2M | $35.4M | ||
| Q3 24 | $-16.5M | $17.8M | ||
| Q2 24 | $-16.5M | $14.2M | ||
| Q1 24 | $-17.6M | $23.6M |
| Q4 25 | 12.3% | 4.7% | ||
| Q3 25 | 2.4% | 8.2% | ||
| Q2 25 | -15.5% | -5.7% | ||
| Q1 25 | 29.1% | 7.4% | ||
| Q4 24 | 3.6% | 14.8% | ||
| Q3 24 | -13.1% | 7.5% | ||
| Q2 24 | -13.4% | 6.5% | ||
| Q1 24 | -17.2% | 12.2% |
| Q4 25 | 0.6% | 8.0% | ||
| Q3 25 | 0.6% | 7.2% | ||
| Q2 25 | 0.7% | 12.7% | ||
| Q1 25 | 0.3% | 13.7% | ||
| Q4 24 | 0.6% | 10.7% | ||
| Q3 24 | 0.4% | 9.9% | ||
| Q2 24 | 1.1% | 9.2% | ||
| Q1 24 | 2.1% | 5.1% |
| Q4 25 | 1.34× | 1.19× | ||
| Q3 25 | 0.29× | 0.85× | ||
| Q2 25 | -9.47× | 0.41× | ||
| Q1 25 | — | 1.11× | ||
| Q4 24 | — | 1.30× | ||
| Q3 24 | — | 0.84× | ||
| Q2 24 | — | 0.98× | ||
| Q1 24 | — | 1.13× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BB
| QNX | $68.7M | 48% |
| Secure Communication | $67.0M | 47% |
| Licensing | $6.1M | 4% |
TGLS
| Product Sales | $164.2M | 67% |
| Fixed Price Contracts | $81.1M | 33% |
| Related Party | $692.0K | 0% |
