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Side-by-side financial comparison of BALCHEM CORP (BCPC) and Tecnoglass Inc. (TGLS). Click either name above to swap in a different company.
BALCHEM CORP is the larger business by last-quarter revenue ($263.6M vs $245.3M, roughly 1.1× Tecnoglass Inc.). BALCHEM CORP runs the higher net margin — 14.9% vs 10.6%, a 4.2% gap on every dollar of revenue. On growth, BALCHEM CORP posted the faster year-over-year revenue change (9.8% vs 2.4%). Over the past eight quarters, Tecnoglass Inc.'s revenue compounded faster (12.8% CAGR vs 4.9%).
Balchem Corp is a global specialty chemicals and nutritional ingredients provider that develops, manufactures and distributes application-specific products for human nutrition, animal health, pharmaceutical and industrial end markets, serving customers across North America, Europe and Asia Pacific.
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.
BCPC vs TGLS — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $263.6M | $245.3M |
| Net Profit | $39.2M | $26.1M |
| Gross Margin | 35.6% | 40.0% |
| Operating Margin | 19.8% | 18.3% |
| Net Margin | 14.9% | 10.6% |
| Revenue YoY | 9.8% | 2.4% |
| Net Profit YoY | 16.8% | -44.5% |
| EPS (diluted) | $1.21 | $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 | $263.6M | $245.3M | ||
| Q3 25 | $267.6M | $260.5M | ||
| Q2 25 | $255.5M | $255.5M | ||
| Q1 25 | $250.5M | $222.3M | ||
| Q4 24 | $240.0M | $239.6M | ||
| Q3 24 | $239.9M | $238.3M | ||
| Q2 24 | $234.1M | $219.7M | ||
| Q1 24 | $239.7M | $192.6M |
| Q4 25 | $39.2M | $26.1M | ||
| Q3 25 | $40.3M | $47.2M | ||
| Q2 25 | $38.3M | $44.1M | ||
| Q1 25 | $37.1M | $42.2M | ||
| Q4 24 | $33.6M | $47.0M | ||
| Q3 24 | $33.8M | $49.5M | ||
| Q2 24 | $32.1M | $35.0M | ||
| Q1 24 | $29.0M | $29.7M |
| Q4 25 | 35.6% | 40.0% | ||
| Q3 25 | 35.7% | 42.7% | ||
| Q2 25 | 36.4% | 44.7% | ||
| Q1 25 | 35.2% | 43.9% | ||
| Q4 24 | 36.0% | 44.5% | ||
| Q3 24 | 35.6% | 45.8% | ||
| Q2 24 | 35.5% | 40.8% | ||
| Q1 24 | 34.0% | 38.8% |
| Q4 25 | 19.8% | 18.3% | ||
| Q3 25 | 20.4% | 25.1% | ||
| Q2 25 | 20.1% | 24.0% | ||
| Q1 25 | 20.4% | 26.7% | ||
| Q4 24 | 19.8% | 28.0% | ||
| Q3 24 | 20.0% | 28.4% | ||
| Q2 24 | 19.6% | 23.3% | ||
| Q1 24 | 17.4% | 21.3% |
| Q4 25 | 14.9% | 10.6% | ||
| Q3 25 | 15.1% | 18.1% | ||
| Q2 25 | 15.0% | 17.3% | ||
| Q1 25 | 14.8% | 19.0% | ||
| Q4 24 | 14.0% | 19.6% | ||
| Q3 24 | 14.1% | 20.8% | ||
| Q2 24 | 13.7% | 15.9% | ||
| Q1 24 | 12.1% | 15.4% |
| Q4 25 | $1.21 | $0.57 | ||
| Q3 25 | $1.24 | $1.01 | ||
| Q2 25 | $1.17 | $0.94 | ||
| Q1 25 | $1.13 | $0.90 | ||
| Q4 24 | $1.03 | $1.00 | ||
| Q3 24 | $1.03 | $1.05 | ||
| Q2 24 | $0.98 | $0.75 | ||
| Q1 24 | $0.89 | $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 | $74.6M | $104.1M |
| Total DebtLower is stronger | — | $174.4M |
| Stockholders' EquityBook value | $1.3B | $713.1M |
| Total Assets | $1.7B | $1.3B |
| Debt / EquityLower = less leverage | — | 0.24× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $74.6M | $104.1M | ||
| Q3 25 | $65.1M | $127.1M | ||
| Q2 25 | $65.4M | $140.9M | ||
| Q1 25 | $49.9M | $160.2M | ||
| Q4 24 | $49.5M | $137.5M | ||
| Q3 24 | $73.7M | $124.8M | ||
| Q2 24 | $63.7M | $129.5M | ||
| Q1 24 | $60.3M | $138.8M |
| 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 24 | — | $160.9M |
| Q4 25 | $1.3B | $713.1M | ||
| Q3 25 | $1.3B | $764.0M | ||
| Q2 25 | $1.3B | $736.0M | ||
| Q1 25 | $1.2B | $685.1M | ||
| Q4 24 | $1.1B | $631.2M | ||
| Q3 24 | $1.2B | $613.3M | ||
| Q2 24 | $1.1B | $574.8M | ||
| Q1 24 | $1.1B | $573.6M |
| Q4 25 | $1.7B | $1.3B | ||
| Q3 25 | $1.7B | $1.2B | ||
| Q2 25 | $1.7B | $1.2B | ||
| Q1 25 | $1.6B | $1.1B | ||
| Q4 24 | $1.6B | $1.0B | ||
| Q3 24 | $1.6B | $996.3M | ||
| Q2 24 | $1.6B | $942.5M | ||
| Q1 24 | $1.6B | $981.6M |
| 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× | ||
| Q1 24 | — | 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 | $67.3M | $31.0M |
| Free Cash FlowOCF − Capex | — | $11.4M |
| FCF MarginFCF / Revenue | — | 4.7% |
| Capex IntensityCapex / Revenue | — | 8.0% |
| Cash ConversionOCF / Net Profit | 1.72× | 1.19× |
| TTM Free Cash FlowTrailing 4 quarters | — | $34.5M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $67.3M | $31.0M | ||
| Q3 25 | $65.6M | $40.0M | ||
| Q2 25 | $47.3M | $17.9M | ||
| Q1 25 | $36.5M | $46.9M | ||
| Q4 24 | $52.3M | $61.1M | ||
| Q3 24 | $51.3M | $41.5M | ||
| Q2 24 | $45.0M | $34.5M | ||
| Q1 24 | $33.4M | $33.4M |
| 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 24 | — | $23.6M |
| 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 24 | — | 12.2% |
| 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 24 | — | 5.1% |
| Q4 25 | 1.72× | 1.19× | ||
| Q3 25 | 1.63× | 0.85× | ||
| Q2 25 | 1.23× | 0.41× | ||
| Q1 25 | 0.98× | 1.11× | ||
| Q4 24 | 1.56× | 1.30× | ||
| Q3 24 | 1.52× | 0.84× | ||
| Q2 24 | 1.40× | 0.98× | ||
| Q1 24 | 1.15× | 1.13× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BCPC
| Human Nutrition And Health | $166.1M | 63% |
| Animal Nutrition And Health | $61.2M | 23% |
| Specialty Products | $34.8M | 13% |
TGLS
| Product Sales | $164.2M | 67% |
| Fixed Price Contracts | $81.1M | 33% |
| Related Party | $692.0K | 0% |
