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Side-by-side financial comparison of Hayward Holdings, Inc. (HAYW) and Tecnoglass Inc. (TGLS). Click either name above to swap in a different company.

Hayward Holdings, Inc. is the larger business by last-quarter revenue ($255.2M vs $245.3M, roughly 1.0× Tecnoglass Inc.). Tecnoglass Inc. runs the higher net margin — 10.6% vs 9.2%, a 1.5% gap on every dollar of revenue. On growth, Hayward Holdings, Inc. posted the faster year-over-year revenue change (11.5% vs 2.4%). Over the past eight quarters, Tecnoglass Inc.'s revenue compounded faster (12.8% CAGR vs -5.3%).

Bartlett-Hayward Company was an American metalworking company with large foundry, fabrication, and construction business lines, located in Baltimore, Maryland. Founded in the 1830s, it was independent until 1925 and since 1927 was owned by Koppers, of which it remained a division long afterward.

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.

HAYW vs TGLS — Head-to-Head

Bigger by revenue
HAYW
HAYW
1.0× larger
HAYW
$255.2M
$245.3M
TGLS
Growing faster (revenue YoY)
HAYW
HAYW
+9.1% gap
HAYW
11.5%
2.4%
TGLS
Higher net margin
TGLS
TGLS
1.5% more per $
TGLS
10.6%
9.2%
HAYW
Faster 2-yr revenue CAGR
TGLS
TGLS
Annualised
TGLS
12.8%
-5.3%
HAYW

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
HAYW
HAYW
TGLS
TGLS
Revenue
$255.2M
$245.3M
Net Profit
$23.4M
$26.1M
Gross Margin
46.5%
40.0%
Operating Margin
16.6%
18.3%
Net Margin
9.2%
10.6%
Revenue YoY
11.5%
2.4%
Net Profit YoY
63.0%
-44.5%
EPS (diluted)
$0.11
$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
HAYW
HAYW
TGLS
TGLS
Q1 26
$255.2M
Q4 25
$349.4M
$245.3M
Q3 25
$244.3M
$260.5M
Q2 25
$299.6M
$255.5M
Q1 25
$228.8M
$222.3M
Q4 24
$327.1M
$239.6M
Q3 24
$227.6M
$238.3M
Q2 24
$284.4M
$219.7M
Net Profit
HAYW
HAYW
TGLS
TGLS
Q1 26
$23.4M
Q4 25
$68.4M
$26.1M
Q3 25
$24.0M
$47.2M
Q2 25
$44.8M
$44.1M
Q1 25
$14.3M
$42.2M
Q4 24
$54.7M
$47.0M
Q3 24
$16.5M
$49.5M
Q2 24
$37.6M
$35.0M
Gross Margin
HAYW
HAYW
TGLS
TGLS
Q1 26
46.5%
Q4 25
40.7%
40.0%
Q3 25
51.2%
42.7%
Q2 25
52.7%
44.7%
Q1 25
49.5%
43.9%
Q4 24
51.4%
44.5%
Q3 24
49.7%
45.8%
Q2 24
51.0%
40.8%
Operating Margin
HAYW
HAYW
TGLS
TGLS
Q1 26
16.6%
Q4 25
25.0%
18.3%
Q3 25
16.8%
25.1%
Q2 25
23.8%
24.0%
Q1 25
14.6%
26.7%
Q4 24
23.4%
28.0%
Q3 24
14.7%
28.4%
Q2 24
23.9%
23.3%
Net Margin
HAYW
HAYW
TGLS
TGLS
Q1 26
9.2%
Q4 25
19.6%
10.6%
Q3 25
9.8%
18.1%
Q2 25
15.0%
17.3%
Q1 25
6.3%
19.0%
Q4 24
16.7%
19.6%
Q3 24
7.3%
20.8%
Q2 24
13.2%
15.9%
EPS (diluted)
HAYW
HAYW
TGLS
TGLS
Q1 26
$0.11
Q4 25
$0.31
$0.57
Q3 25
$0.11
$1.01
Q2 25
$0.20
$0.94
Q1 25
$0.06
$0.90
Q4 24
$0.26
$1.00
Q3 24
$0.07
$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
HAYW
HAYW
TGLS
TGLS
Cash + ST InvestmentsLiquidity on hand
$230.7M
$104.1M
Total DebtLower is stronger
$11.1M
$174.4M
Stockholders' EquityBook value
$1.6B
$713.1M
Total Assets
$3.1B
$1.3B
Debt / EquityLower = less leverage
0.01×
0.24×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HAYW
HAYW
TGLS
TGLS
Q1 26
$230.7M
Q4 25
$399.1M
$104.1M
Q3 25
$448.3M
$127.1M
Q2 25
$365.1M
$140.9M
Q1 25
$181.3M
$160.2M
Q4 24
$196.6M
$137.5M
Q3 24
$274.2M
$124.8M
Q2 24
$215.1M
$129.5M
Total Debt
HAYW
HAYW
TGLS
TGLS
Q1 26
$11.1M
Q4 25
$943.5M
$174.4M
Q3 25
$947.7M
$114.7M
Q2 25
$949.1M
$110.6M
Q1 25
$950.4M
$110.6M
Q4 24
$950.6M
$111.1M
Q3 24
$959.9M
$126.8M
Q2 24
$959.8M
$144.7M
Stockholders' Equity
HAYW
HAYW
TGLS
TGLS
Q1 26
$1.6B
Q4 25
$1.6B
$713.1M
Q3 25
$1.5B
$764.0M
Q2 25
$1.5B
$736.0M
Q1 25
$1.4B
$685.1M
Q4 24
$1.4B
$631.2M
Q3 24
$1.4B
$613.3M
Q2 24
$1.4B
$574.8M
Total Assets
HAYW
HAYW
TGLS
TGLS
Q1 26
$3.1B
Q4 25
$3.2B
$1.3B
Q3 25
$3.0B
$1.2B
Q2 25
$3.0B
$1.2B
Q1 25
$3.0B
$1.1B
Q4 24
$3.0B
$1.0B
Q3 24
$2.9B
$996.3M
Q2 24
$2.9B
$942.5M
Debt / Equity
HAYW
HAYW
TGLS
TGLS
Q1 26
0.01×
Q4 25
0.59×
0.24×
Q3 25
0.62×
0.15×
Q2 25
0.63×
0.15×
Q1 25
0.66×
0.16×
Q4 24
0.67×
0.18×
Q3 24
0.70×
0.21×
Q2 24
0.71×
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
HAYW
HAYW
TGLS
TGLS
Operating Cash FlowLast quarter
$-150.6M
$31.0M
Free Cash FlowOCF − Capex
$11.4M
FCF MarginFCF / Revenue
4.7%
Capex IntensityCapex / Revenue
8.0%
Cash ConversionOCF / Net Profit
-6.45×
1.19×
TTM Free Cash FlowTrailing 4 quarters
$34.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HAYW
HAYW
TGLS
TGLS
Q1 26
$-150.6M
Q4 25
$-26.9M
$31.0M
Q3 25
$94.6M
$40.0M
Q2 25
$194.2M
$17.9M
Q1 25
$-5.8M
$46.9M
Q4 24
$-63.7M
$61.1M
Q3 24
$65.9M
$41.5M
Q2 24
$287.0M
$34.5M
Free Cash Flow
HAYW
HAYW
TGLS
TGLS
Q1 26
Q4 25
$-35.8M
$11.4M
Q3 25
$87.2M
$21.2M
Q2 25
$187.3M
$-14.7M
Q1 25
$-11.4M
$16.5M
Q4 24
$-70.4M
$35.4M
Q3 24
$59.1M
$17.8M
Q2 24
$282.3M
$14.2M
FCF Margin
HAYW
HAYW
TGLS
TGLS
Q1 26
Q4 25
-10.3%
4.7%
Q3 25
35.7%
8.2%
Q2 25
62.5%
-5.7%
Q1 25
-5.0%
7.4%
Q4 24
-21.5%
14.8%
Q3 24
26.0%
7.5%
Q2 24
99.3%
6.5%
Capex Intensity
HAYW
HAYW
TGLS
TGLS
Q1 26
Q4 25
2.5%
8.0%
Q3 25
3.0%
7.2%
Q2 25
2.3%
12.7%
Q1 25
2.4%
13.7%
Q4 24
2.1%
10.7%
Q3 24
3.0%
9.9%
Q2 24
1.7%
9.2%
Cash Conversion
HAYW
HAYW
TGLS
TGLS
Q1 26
-6.45×
Q4 25
-0.39×
1.19×
Q3 25
3.94×
0.85×
Q2 25
4.34×
0.41×
Q1 25
-0.41×
1.11×
Q4 24
-1.16×
1.30×
Q3 24
4.00×
0.84×
Q2 24
7.64×
0.98×

Financial Flow Comparison

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

Revenue Breakdown by Segment

HAYW
HAYW

Segment breakdown not available.

TGLS
TGLS

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

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