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Side-by-side financial comparison of MOVADO GROUP INC (MOV) 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 $186.1M, roughly 1.3× MOVADO GROUP INC). Tecnoglass Inc. runs the higher net margin — 10.6% vs 5.1%, a 5.5% gap on every dollar of revenue. On growth, Tecnoglass Inc. posted the faster year-over-year revenue change (2.4% vs 1.9%). MOVADO GROUP INC produced more free cash flow last quarter ($11.6M vs $11.4M). Over the past eight quarters, Tecnoglass Inc.'s revenue compounded faster (12.8% CAGR vs 2.9%).
Movado is a luxury American watch brand originally founded in 1881 in Switzerland. Movado means "movement" in Esperanto. The watches are known for their signature metallic dot at 12 o'clock and minimalist style; the company is best known for its Museum Watch.
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.
MOV vs TGLS — Head-to-Head
Income Statement — Q3 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $186.1M | $245.3M |
| Net Profit | $9.6M | $26.1M |
| Gross Margin | 54.3% | 40.0% |
| Operating Margin | 6.3% | 18.3% |
| Net Margin | 5.1% | 10.6% |
| Revenue YoY | 1.9% | 2.4% |
| Net Profit YoY | 89.8% | -44.5% |
| EPS (diluted) | $0.42 | $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 | $186.1M | $245.3M | ||
| Q3 25 | $161.8M | $260.5M | ||
| Q2 25 | $131.8M | $255.5M | ||
| Q1 25 | $181.5M | $222.3M | ||
| Q4 24 | $180.5M | $239.6M | ||
| Q3 24 | $157.0M | $238.3M | ||
| Q2 24 | $134.4M | $219.7M | ||
| Q1 24 | $175.8M | $192.6M |
| Q4 25 | $9.6M | $26.1M | ||
| Q3 25 | $3.0M | $47.2M | ||
| Q2 25 | $1.4M | $44.1M | ||
| Q1 25 | $8.1M | $42.2M | ||
| Q4 24 | $4.8M | $47.0M | ||
| Q3 24 | $3.5M | $49.5M | ||
| Q2 24 | $2.0M | $35.0M | ||
| Q1 24 | $9.8M | $29.7M |
| Q4 25 | 54.3% | 40.0% | ||
| Q3 25 | 54.1% | 42.7% | ||
| Q2 25 | 54.1% | 44.7% | ||
| Q1 25 | 54.2% | 43.9% | ||
| Q4 24 | 53.5% | 44.5% | ||
| Q3 24 | 54.3% | 45.8% | ||
| Q2 24 | 54.3% | 40.8% | ||
| Q1 24 | 53.5% | 38.8% |
| Q4 25 | 6.3% | 18.3% | ||
| Q3 25 | 2.5% | 25.1% | ||
| Q2 25 | 0.2% | 24.0% | ||
| Q1 25 | 5.1% | 26.7% | ||
| Q4 24 | 3.3% | 28.0% | ||
| Q3 24 | 1.7% | 28.4% | ||
| Q2 24 | 1.6% | 23.3% | ||
| Q1 24 | 6.1% | 21.3% |
| Q4 25 | 5.1% | 10.6% | ||
| Q3 25 | 1.8% | 18.1% | ||
| Q2 25 | 1.1% | 17.3% | ||
| Q1 25 | 4.4% | 19.0% | ||
| Q4 24 | 2.7% | 19.6% | ||
| Q3 24 | 2.2% | 20.8% | ||
| Q2 24 | 1.5% | 15.9% | ||
| Q1 24 | 5.6% | 15.4% |
| Q4 25 | $0.42 | $0.57 | ||
| Q3 25 | $0.13 | $1.01 | ||
| Q2 25 | $0.06 | $0.94 | ||
| Q1 25 | $0.36 | $0.90 | ||
| Q4 24 | $0.21 | $1.00 | ||
| Q3 24 | $0.15 | $1.05 | ||
| Q2 24 | $0.09 | $0.75 | ||
| Q1 24 | $0.44 | $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 | $183.9M | $104.1M |
| Total DebtLower is stronger | — | $174.4M |
| Stockholders' EquityBook value | $497.5M | $713.1M |
| Total Assets | $751.9M | $1.3B |
| Debt / EquityLower = less leverage | — | 0.24× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $183.9M | $104.1M | ||
| Q3 25 | $180.5M | $127.1M | ||
| Q2 25 | $203.1M | $140.9M | ||
| Q1 25 | $208.5M | $160.2M | ||
| Q4 24 | $181.5M | $137.5M | ||
| Q3 24 | $198.3M | $124.8M | ||
| Q2 24 | $225.4M | $129.5M | ||
| Q1 24 | $262.1M | $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 | $497.5M | $713.1M | ||
| Q3 25 | $489.9M | $764.0M | ||
| Q2 25 | $493.2M | $736.0M | ||
| Q1 25 | $481.3M | $685.1M | ||
| Q4 24 | $491.3M | $631.2M | ||
| Q3 24 | $492.0M | $613.3M | ||
| Q2 24 | $489.6M | $574.8M | ||
| Q1 24 | $505.9M | $573.6M |
| Q4 25 | $751.9M | $1.3B | ||
| Q3 25 | $748.7M | $1.2B | ||
| Q2 25 | $747.2M | $1.2B | ||
| Q1 25 | $729.2M | $1.1B | ||
| Q4 24 | $747.2M | $1.0B | ||
| Q3 24 | $742.5M | $996.3M | ||
| Q2 24 | $736.0M | $942.5M | ||
| Q1 24 | $756.5M | $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 | $12.3M | $31.0M |
| Free Cash FlowOCF − Capex | $11.6M | $11.4M |
| FCF MarginFCF / Revenue | 6.2% | 4.7% |
| Capex IntensityCapex / Revenue | 0.4% | 8.0% |
| Cash ConversionOCF / Net Profit | 1.28× | 1.19× |
| TTM Free Cash FlowTrailing 4 quarters | $35.3M | $34.5M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $12.3M | $31.0M | ||
| Q3 25 | $-3.8M | $40.0M | ||
| Q2 25 | $-7.2M | $17.9M | ||
| Q1 25 | $39.1M | $46.9M | ||
| Q4 24 | $-4.7M | $61.1M | ||
| Q3 24 | $-17.8M | $41.5M | ||
| Q2 24 | $-18.1M | $34.5M | ||
| Q1 24 | $69.4M | $33.4M |
| Q4 25 | $11.6M | $11.4M | ||
| Q3 25 | $-5.1M | $21.2M | ||
| Q2 25 | $-8.7M | $-14.7M | ||
| Q1 25 | $37.5M | $16.5M | ||
| Q4 24 | $-7.2M | $35.4M | ||
| Q3 24 | $-20.1M | $17.8M | ||
| Q2 24 | $-19.7M | $14.2M | ||
| Q1 24 | $67.8M | $23.6M |
| Q4 25 | 6.2% | 4.7% | ||
| Q3 25 | -3.1% | 8.2% | ||
| Q2 25 | -6.6% | -5.7% | ||
| Q1 25 | 20.7% | 7.4% | ||
| Q4 24 | -4.0% | 14.8% | ||
| Q3 24 | -12.8% | 7.5% | ||
| Q2 24 | -14.7% | 6.5% | ||
| Q1 24 | 38.6% | 12.2% |
| Q4 25 | 0.4% | 8.0% | ||
| Q3 25 | 0.8% | 7.2% | ||
| Q2 25 | 1.2% | 12.7% | ||
| Q1 25 | 0.9% | 13.7% | ||
| Q4 24 | 1.4% | 10.7% | ||
| Q3 24 | 1.5% | 9.9% | ||
| Q2 24 | 1.2% | 9.2% | ||
| Q1 24 | 0.9% | 5.1% |
| Q4 25 | 1.28× | 1.19× | ||
| Q3 25 | -1.27× | 0.85× | ||
| Q2 25 | -5.08× | 0.41× | ||
| Q1 25 | 4.86× | 1.11× | ||
| Q4 24 | -0.98× | 1.30× | ||
| Q3 24 | -5.14× | 0.84× | ||
| Q2 24 | -8.97× | 0.98× | ||
| Q1 24 | 7.06× | 1.13× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
MOV
| Other | $81.4M | 44% |
| Owned Brands Category | $46.0M | 25% |
| Sales Channel Directly To Consumer | $35.3M | 19% |
| Company Stores | $23.4M | 13% |
TGLS
| Product Sales | $164.2M | 67% |
| Fixed Price Contracts | $81.1M | 33% |
| Related Party | $692.0K | 0% |
