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Side-by-side financial comparison of INTEGRA LIFESCIENCES HOLDINGS CORP (IART) and Tecnoglass Inc. (TGLS). Click either name above to swap in a different company.

INTEGRA LIFESCIENCES HOLDINGS CORP is the larger business by last-quarter revenue ($434.9M vs $245.3M, roughly 1.8× Tecnoglass Inc.). On growth, Tecnoglass Inc. posted the faster year-over-year revenue change (2.4% vs -1.7%). Tecnoglass Inc. produced more free cash flow last quarter ($11.4M vs $-5.4M). Over the past eight quarters, Tecnoglass Inc.'s revenue compounded faster (12.8% CAGR vs 8.6%).

Integra LifeSciences Holdings Corporation is a global medical device manufacturing company headquartered in Princeton, New Jersey. Founded in 1989, the company manufactures products for skin regeneration, neurosurgery, reconstructive and general surgery. Integra artificial skin became the first commercially reproducible skin tissue used to treat severe burns and other skin wounds.

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.

IART vs TGLS — Head-to-Head

Bigger by revenue
IART
IART
1.8× larger
IART
$434.9M
$245.3M
TGLS
Growing faster (revenue YoY)
TGLS
TGLS
+4.1% gap
TGLS
2.4%
-1.7%
IART
More free cash flow
TGLS
TGLS
$16.8M more FCF
TGLS
$11.4M
$-5.4M
IART
Faster 2-yr revenue CAGR
TGLS
TGLS
Annualised
TGLS
12.8%
8.6%
IART

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
IART
IART
TGLS
TGLS
Revenue
$434.9M
$245.3M
Net Profit
$26.1M
Gross Margin
50.8%
40.0%
Operating Margin
5.3%
18.3%
Net Margin
10.6%
Revenue YoY
-1.7%
2.4%
Net Profit YoY
-44.5%
EPS (diluted)
$-0.03
$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
IART
IART
TGLS
TGLS
Q4 25
$434.9M
$245.3M
Q3 25
$402.1M
$260.5M
Q2 25
$415.6M
$255.5M
Q1 25
$382.7M
$222.3M
Q4 24
$442.6M
$239.6M
Q3 24
$380.8M
$238.3M
Q2 24
$418.2M
$219.7M
Q1 24
$368.9M
$192.6M
Net Profit
IART
IART
TGLS
TGLS
Q4 25
$26.1M
Q3 25
$-5.4M
$47.2M
Q2 25
$-484.1M
$44.1M
Q1 25
$-25.3M
$42.2M
Q4 24
$47.0M
Q3 24
$-10.7M
$49.5M
Q2 24
$-12.4M
$35.0M
Q1 24
$-3.3M
$29.7M
Gross Margin
IART
IART
TGLS
TGLS
Q4 25
50.8%
40.0%
Q3 25
51.5%
42.7%
Q2 25
50.4%
44.7%
Q1 25
50.8%
43.9%
Q4 24
56.3%
44.5%
Q3 24
52.6%
45.8%
Q2 24
54.0%
40.8%
Q1 24
56.1%
38.8%
Operating Margin
IART
IART
TGLS
TGLS
Q4 25
5.3%
18.3%
Q3 25
2.9%
25.1%
Q2 25
-123.4%
24.0%
Q1 25
-4.0%
26.7%
Q4 24
8.0%
28.0%
Q3 24
-2.1%
28.4%
Q2 24
-0.7%
23.3%
Q1 24
1.1%
21.3%
Net Margin
IART
IART
TGLS
TGLS
Q4 25
10.6%
Q3 25
-1.3%
18.1%
Q2 25
-116.5%
17.3%
Q1 25
-6.6%
19.0%
Q4 24
19.6%
Q3 24
-2.8%
20.8%
Q2 24
-3.0%
15.9%
Q1 24
-0.9%
15.4%
EPS (diluted)
IART
IART
TGLS
TGLS
Q4 25
$-0.03
$0.57
Q3 25
$-0.07
$1.01
Q2 25
$-6.31
$0.94
Q1 25
$-0.33
$0.90
Q4 24
$0.25
$1.00
Q3 24
$-0.14
$1.05
Q2 24
$-0.16
$0.75
Q1 24
$-0.04
$0.63

Balance Sheet & Financial Strength

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

Metric
IART
IART
TGLS
TGLS
Cash + ST InvestmentsLiquidity on hand
$263.7M
$104.1M
Total DebtLower is stronger
$726.6M
$174.4M
Stockholders' EquityBook value
$1.0B
$713.1M
Total Assets
$3.6B
$1.3B
Debt / EquityLower = less leverage
0.70×
0.24×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IART
IART
TGLS
TGLS
Q4 25
$263.7M
$104.1M
Q3 25
$267.9M
$127.1M
Q2 25
$253.6M
$140.9M
Q1 25
$273.3M
$160.2M
Q4 24
$273.6M
$137.5M
Q3 24
$277.6M
$124.8M
Q2 24
$296.9M
$129.5M
Q1 24
$663.1M
$138.8M
Total Debt
IART
IART
TGLS
TGLS
Q4 25
$726.6M
$174.4M
Q3 25
$736.3M
$114.7M
Q2 25
$745.9M
$110.6M
Q1 25
$755.6M
$110.6M
Q4 24
$760.5M
$111.1M
Q3 24
$765.3M
$126.8M
Q2 24
$770.2M
$144.7M
Q1 24
$775.0M
$160.9M
Stockholders' Equity
IART
IART
TGLS
TGLS
Q4 25
$1.0B
$713.1M
Q3 25
$1.0B
$764.0M
Q2 25
$1.0B
$736.0M
Q1 25
$1.5B
$685.1M
Q4 24
$1.5B
$631.2M
Q3 24
$1.5B
$613.3M
Q2 24
$1.5B
$574.8M
Q1 24
$1.6B
$573.6M
Total Assets
IART
IART
TGLS
TGLS
Q4 25
$3.6B
$1.3B
Q3 25
$3.6B
$1.2B
Q2 25
$3.7B
$1.2B
Q1 25
$4.1B
$1.1B
Q4 24
$4.0B
$1.0B
Q3 24
$4.1B
$996.3M
Q2 24
$4.1B
$942.5M
Q1 24
$4.1B
$981.6M
Debt / Equity
IART
IART
TGLS
TGLS
Q4 25
0.70×
0.24×
Q3 25
0.71×
0.15×
Q2 25
0.72×
0.15×
Q1 25
0.50×
0.16×
Q4 24
0.49×
0.18×
Q3 24
0.50×
0.21×
Q2 24
0.50×
0.25×
Q1 24
0.48×
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
IART
IART
TGLS
TGLS
Operating Cash FlowLast quarter
$11.8M
$31.0M
Free Cash FlowOCF − Capex
$-5.4M
$11.4M
FCF MarginFCF / Revenue
-1.2%
4.7%
Capex IntensityCapex / Revenue
4.0%
8.0%
Cash ConversionOCF / Net Profit
1.19×
TTM Free Cash FlowTrailing 4 quarters
$-31.1M
$34.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
IART
IART
TGLS
TGLS
Q4 25
$11.8M
$31.0M
Q3 25
$40.9M
$40.0M
Q2 25
$8.9M
$17.9M
Q1 25
$-11.3M
$46.9M
Q4 24
$50.7M
$61.1M
Q3 24
$22.5M
$41.5M
Q2 24
$40.4M
$34.5M
Q1 24
$15.8M
$33.4M
Free Cash Flow
IART
IART
TGLS
TGLS
Q4 25
$-5.4M
$11.4M
Q3 25
$25.8M
$21.2M
Q2 25
$-11.2M
$-14.7M
Q1 25
$-40.2M
$16.5M
Q4 24
$21.1M
$35.4M
Q3 24
$-7.2M
$17.8M
Q2 24
$10.7M
$14.2M
Q1 24
$291.0K
$23.6M
FCF Margin
IART
IART
TGLS
TGLS
Q4 25
-1.2%
4.7%
Q3 25
6.4%
8.2%
Q2 25
-2.7%
-5.7%
Q1 25
-10.5%
7.4%
Q4 24
4.8%
14.8%
Q3 24
-1.9%
7.5%
Q2 24
2.6%
6.5%
Q1 24
0.1%
12.2%
Capex Intensity
IART
IART
TGLS
TGLS
Q4 25
4.0%
8.0%
Q3 25
3.8%
7.2%
Q2 25
4.8%
12.7%
Q1 25
7.6%
13.7%
Q4 24
6.7%
10.7%
Q3 24
7.8%
9.9%
Q2 24
7.1%
9.2%
Q1 24
4.2%
5.1%
Cash Conversion
IART
IART
TGLS
TGLS
Q4 25
1.19×
Q3 25
0.85×
Q2 25
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

IART
IART

Neurosurgery$226.2M52%
Asia Pacific$53.7M12%
Instruments$52.3M12%
ENT$44.8M10%
Other$38.9M9%
Rest Of The World$19.0M4%

TGLS
TGLS

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

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