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Side-by-side financial comparison of Netskope Inc (NTSK) 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 $184.2M, roughly 1.3× Netskope Inc). Tecnoglass Inc. runs the higher net margin — 10.6% vs -246.0%, a 256.6% gap on every dollar of revenue. Tecnoglass Inc. produced more free cash flow last quarter ($11.4M vs $10.4M).

Netskope Inc is a leading global cybersecurity firm offering SASE solutions, cloud security platforms and zero trust tools. It serves enterprise clients across North America, Europe and Asia Pacific, helping secure remote workforces, cloud apps and digital assets against evolving cyber threats.

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.

NTSK vs TGLS — Head-to-Head

Bigger by revenue
TGLS
TGLS
1.3× larger
TGLS
$245.3M
$184.2M
NTSK
Higher net margin
TGLS
TGLS
256.6% more per $
TGLS
10.6%
-246.0%
NTSK
More free cash flow
TGLS
TGLS
$1.1M more FCF
TGLS
$11.4M
$10.4M
NTSK

Income Statement — Q3 FY2026 vs Q4 FY2025

Metric
NTSK
NTSK
TGLS
TGLS
Revenue
$184.2M
$245.3M
Net Profit
$-453.1M
$26.1M
Gross Margin
57.9%
40.0%
Operating Margin
-242.7%
18.3%
Net Margin
-246.0%
10.6%
Revenue YoY
2.4%
Net Profit YoY
-401.7%
-44.5%
EPS (diluted)
$-1.85
$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
NTSK
NTSK
TGLS
TGLS
Q4 25
$184.2M
$245.3M
Q3 25
$260.5M
Q2 25
$255.5M
Q1 25
$222.3M
Q4 24
$239.6M
Q3 24
$238.3M
Q2 24
$219.7M
Q1 24
$192.6M
Net Profit
NTSK
NTSK
TGLS
TGLS
Q4 25
$-453.1M
$26.1M
Q3 25
$47.2M
Q2 25
$44.1M
Q1 25
$42.2M
Q4 24
$47.0M
Q3 24
$49.5M
Q2 24
$35.0M
Q1 24
$29.7M
Gross Margin
NTSK
NTSK
TGLS
TGLS
Q4 25
57.9%
40.0%
Q3 25
42.7%
Q2 25
44.7%
Q1 25
43.9%
Q4 24
44.5%
Q3 24
45.8%
Q2 24
40.8%
Q1 24
38.8%
Operating Margin
NTSK
NTSK
TGLS
TGLS
Q4 25
-242.7%
18.3%
Q3 25
25.1%
Q2 25
24.0%
Q1 25
26.7%
Q4 24
28.0%
Q3 24
28.4%
Q2 24
23.3%
Q1 24
21.3%
Net Margin
NTSK
NTSK
TGLS
TGLS
Q4 25
-246.0%
10.6%
Q3 25
18.1%
Q2 25
17.3%
Q1 25
19.0%
Q4 24
19.6%
Q3 24
20.8%
Q2 24
15.9%
Q1 24
15.4%
EPS (diluted)
NTSK
NTSK
TGLS
TGLS
Q4 25
$-1.85
$0.57
Q3 25
$1.01
Q2 25
$0.94
Q1 25
$0.90
Q4 24
$1.00
Q3 24
$1.05
Q2 24
$0.75
Q1 24
$0.63

Balance Sheet & Financial Strength

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

Metric
NTSK
NTSK
TGLS
TGLS
Cash + ST InvestmentsLiquidity on hand
$1.2B
$104.1M
Total DebtLower is stronger
$174.4M
Stockholders' EquityBook value
$151.0M
$713.1M
Total Assets
$1.7B
$1.3B
Debt / EquityLower = less leverage
0.24×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NTSK
NTSK
TGLS
TGLS
Q4 25
$1.2B
$104.1M
Q3 25
$127.1M
Q2 25
$140.9M
Q1 25
$160.2M
Q4 24
$137.5M
Q3 24
$124.8M
Q2 24
$129.5M
Q1 24
$138.8M
Total Debt
NTSK
NTSK
TGLS
TGLS
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
Stockholders' Equity
NTSK
NTSK
TGLS
TGLS
Q4 25
$151.0M
$713.1M
Q3 25
$764.0M
Q2 25
$736.0M
Q1 25
$685.1M
Q4 24
$631.2M
Q3 24
$613.3M
Q2 24
$574.8M
Q1 24
$573.6M
Total Assets
NTSK
NTSK
TGLS
TGLS
Q4 25
$1.7B
$1.3B
Q3 25
$1.2B
Q2 25
$1.2B
Q1 25
$1.1B
Q4 24
$1.0B
Q3 24
$996.3M
Q2 24
$942.5M
Q1 24
$981.6M
Debt / Equity
NTSK
NTSK
TGLS
TGLS
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
NTSK
NTSK
TGLS
TGLS
Operating Cash FlowLast quarter
$19.9M
$31.0M
Free Cash FlowOCF − Capex
$10.4M
$11.4M
FCF MarginFCF / Revenue
5.6%
4.7%
Capex IntensityCapex / Revenue
5.2%
8.0%
Cash ConversionOCF / Net Profit
1.19×
TTM Free Cash FlowTrailing 4 quarters
$34.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NTSK
NTSK
TGLS
TGLS
Q4 25
$19.9M
$31.0M
Q3 25
$40.0M
Q2 25
$17.9M
Q1 25
$46.9M
Q4 24
$61.1M
Q3 24
$41.5M
Q2 24
$34.5M
Q1 24
$33.4M
Free Cash Flow
NTSK
NTSK
TGLS
TGLS
Q4 25
$10.4M
$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
FCF Margin
NTSK
NTSK
TGLS
TGLS
Q4 25
5.6%
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%
Capex Intensity
NTSK
NTSK
TGLS
TGLS
Q4 25
5.2%
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%
Cash Conversion
NTSK
NTSK
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

NTSK
NTSK

Indirect Channels$175.2M95%
Direct End Customers$8.9M5%

TGLS
TGLS

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

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