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Side-by-side financial comparison of ESCO TECHNOLOGIES INC (ESE) and Tecnoglass Inc. (TGLS). Click either name above to swap in a different company.

ESCO TECHNOLOGIES INC is the larger business by last-quarter revenue ($289.7M vs $245.3M, roughly 1.2× Tecnoglass Inc.). Tecnoglass Inc. runs the higher net margin — 10.6% vs 9.9%, a 0.7% gap on every dollar of revenue. On growth, ESCO TECHNOLOGIES INC posted the faster year-over-year revenue change (17.3% vs 2.4%). ESCO TECHNOLOGIES INC produced more free cash flow last quarter ($63.0M vs $11.4M). Over the past eight quarters, Tecnoglass Inc.'s revenue compounded faster (12.8% CAGR vs 7.8%).

Esco is a Singaporean brand that develops, manufactures, and sells products and services for laboratories.

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.

ESE vs TGLS — Head-to-Head

Bigger by revenue
ESE
ESE
1.2× larger
ESE
$289.7M
$245.3M
TGLS
Growing faster (revenue YoY)
ESE
ESE
+14.9% gap
ESE
17.3%
2.4%
TGLS
Higher net margin
TGLS
TGLS
0.7% more per $
TGLS
10.6%
9.9%
ESE
More free cash flow
ESE
ESE
$51.5M more FCF
ESE
$63.0M
$11.4M
TGLS
Faster 2-yr revenue CAGR
TGLS
TGLS
Annualised
TGLS
12.8%
7.8%
ESE

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
ESE
ESE
TGLS
TGLS
Revenue
$289.7M
$245.3M
Net Profit
$28.7M
$26.1M
Gross Margin
41.4%
40.0%
Operating Margin
13.2%
18.3%
Net Margin
9.9%
10.6%
Revenue YoY
17.3%
2.4%
Net Profit YoY
22.2%
-44.5%
EPS (diluted)
$1.11
$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.

Revenue
ESE
ESE
TGLS
TGLS
Q4 25
$289.7M
$245.3M
Q3 25
$286.5M
$260.5M
Q2 25
$296.3M
$255.5M
Q1 25
$265.5M
$222.3M
Q4 24
$247.0M
$239.6M
Q3 24
$298.5M
$238.3M
Q2 24
$260.8M
$219.7M
Q1 24
$249.1M
$192.6M
Net Profit
ESE
ESE
TGLS
TGLS
Q4 25
$28.7M
$26.1M
Q3 25
$218.7M
$47.2M
Q2 25
$26.1M
$44.1M
Q1 25
$31.0M
$42.2M
Q4 24
$23.5M
$47.0M
Q3 24
$34.3M
$49.5M
Q2 24
$29.2M
$35.0M
Q1 24
$23.2M
$29.7M
Gross Margin
ESE
ESE
TGLS
TGLS
Q4 25
41.4%
40.0%
Q3 25
45.9%
42.7%
Q2 25
41.2%
44.7%
Q1 25
41.1%
43.9%
Q4 24
39.8%
44.5%
Q3 24
40.1%
45.8%
Q2 24
39.6%
40.8%
Q1 24
38.8%
38.8%
Operating Margin
ESE
ESE
TGLS
TGLS
Q4 25
13.2%
18.3%
Q3 25
17.2%
25.1%
Q2 25
11.2%
24.0%
Q1 25
15.3%
26.7%
Q4 24
11.4%
28.0%
Q3 24
14.8%
28.4%
Q2 24
14.3%
23.3%
Q1 24
11.7%
21.3%
Net Margin
ESE
ESE
TGLS
TGLS
Q4 25
9.9%
10.6%
Q3 25
76.3%
18.1%
Q2 25
8.8%
17.3%
Q1 25
11.7%
19.0%
Q4 24
9.5%
19.6%
Q3 24
11.5%
20.8%
Q2 24
11.2%
15.9%
Q1 24
9.3%
15.4%
EPS (diluted)
ESE
ESE
TGLS
TGLS
Q4 25
$1.11
$0.57
Q3 25
$8.43
$1.01
Q2 25
$1.01
$0.94
Q1 25
$1.20
$0.90
Q4 24
$0.91
$1.00
Q3 24
$1.32
$1.05
Q2 24
$1.13
$0.75
Q1 24
$0.90
$0.63

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ESE
ESE
TGLS
TGLS
Cash + ST InvestmentsLiquidity on hand
$103.8M
$104.1M
Total DebtLower is stronger
$145.5M
$174.4M
Stockholders' EquityBook value
$1.6B
$713.1M
Total Assets
$2.4B
$1.3B
Debt / EquityLower = less leverage
0.09×
0.24×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ESE
ESE
TGLS
TGLS
Q4 25
$103.8M
$104.1M
Q3 25
$101.3M
$127.1M
Q2 25
$78.7M
$140.9M
Q1 25
$57.4M
$160.2M
Q4 24
$71.3M
$137.5M
Q3 24
$66.0M
$124.8M
Q2 24
$63.0M
$129.5M
Q1 24
$59.4M
$138.8M
Total Debt
ESE
ESE
TGLS
TGLS
Q4 25
$145.5M
$174.4M
Q3 25
$186.0M
$114.7M
Q2 25
$525.0M
$110.6M
Q1 25
$88.0M
$110.6M
Q4 24
$112.0M
$111.1M
Q3 24
$122.0M
$126.8M
Q2 24
$173.0M
$144.7M
Q1 24
$191.0M
$160.9M
Stockholders' Equity
ESE
ESE
TGLS
TGLS
Q4 25
$1.6B
$713.1M
Q3 25
$1.5B
$764.0M
Q2 25
$1.3B
$736.0M
Q1 25
$1.3B
$685.1M
Q4 24
$1.2B
$631.2M
Q3 24
$1.2B
$613.3M
Q2 24
$1.2B
$574.8M
Q1 24
$1.2B
$573.6M
Total Assets
ESE
ESE
TGLS
TGLS
Q4 25
$2.4B
$1.3B
Q3 25
$2.4B
$1.2B
Q2 25
$2.5B
$1.2B
Q1 25
$1.8B
$1.1B
Q4 24
$1.8B
$1.0B
Q3 24
$1.8B
$996.3M
Q2 24
$1.8B
$942.5M
Q1 24
$1.8B
$981.6M
Debt / Equity
ESE
ESE
TGLS
TGLS
Q4 25
0.09×
0.24×
Q3 25
0.12×
0.15×
Q2 25
0.40×
0.15×
Q1 25
0.07×
0.16×
Q4 24
0.09×
0.18×
Q3 24
0.10×
0.21×
Q2 24
0.14×
0.25×
Q1 24
0.16×
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
ESE
ESE
TGLS
TGLS
Operating Cash FlowLast quarter
$68.9M
$31.0M
Free Cash FlowOCF − Capex
$63.0M
$11.4M
FCF MarginFCF / Revenue
21.7%
4.7%
Capex IntensityCapex / Revenue
2.0%
8.0%
Cash ConversionOCF / Net Profit
2.40×
1.19×
TTM Free Cash FlowTrailing 4 quarters
$239.6M
$34.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ESE
ESE
TGLS
TGLS
Q4 25
$68.9M
$31.0M
Q3 25
$109.9M
$40.0M
Q2 25
$73.7M
$17.9M
Q1 25
$24.1M
$46.9M
Q4 24
$34.2M
$61.1M
Q3 24
$72.1M
$41.5M
Q2 24
$36.2M
$34.5M
Q1 24
$10.5M
$33.4M
Free Cash Flow
ESE
ESE
TGLS
TGLS
Q4 25
$63.0M
$11.4M
Q3 25
$97.8M
$21.2M
Q2 25
$64.9M
$-14.7M
Q1 25
$14.0M
$16.5M
Q4 24
$29.0M
$35.4M
Q3 24
$60.9M
$17.8M
Q2 24
$27.6M
$14.2M
Q1 24
$2.0M
$23.6M
FCF Margin
ESE
ESE
TGLS
TGLS
Q4 25
21.7%
4.7%
Q3 25
34.1%
8.2%
Q2 25
21.9%
-5.7%
Q1 25
5.3%
7.4%
Q4 24
11.7%
14.8%
Q3 24
20.4%
7.5%
Q2 24
10.6%
6.5%
Q1 24
0.8%
12.2%
Capex Intensity
ESE
ESE
TGLS
TGLS
Q4 25
2.0%
8.0%
Q3 25
4.2%
7.2%
Q2 25
3.0%
12.7%
Q1 25
3.8%
13.7%
Q4 24
2.1%
10.7%
Q3 24
3.8%
9.9%
Q2 24
3.3%
9.2%
Q1 24
3.4%
5.1%
Cash Conversion
ESE
ESE
TGLS
TGLS
Q4 25
2.40×
1.19×
Q3 25
0.50×
0.85×
Q2 25
2.83×
0.41×
Q1 25
0.78×
1.11×
Q4 24
1.46×
1.30×
Q3 24
2.10×
0.84×
Q2 24
1.24×
0.98×
Q1 24
0.45×
1.13×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ESE
ESE

US Government$98.0M34%
Utility Solutions Group$87.5M30%
RF Shielding And Test$58.3M20%
Commercial$45.8M16%
Related Party$1.3M0%

TGLS
TGLS

Product Sales$164.2M67%
Fixed Price Contracts$81.1M33%
Related Party$692.0K0%

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