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Side-by-side financial comparison of Piedmont Realty Trust, Inc. (PDM) 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 $143.3M, roughly 1.7× Piedmont Realty Trust, Inc.). Tecnoglass Inc. runs the higher net margin — 10.6% vs -31.4%, a 42.0% gap on every dollar of revenue. On growth, Tecnoglass Inc. posted the faster year-over-year revenue change (2.4% vs 0.4%). Over the past eight quarters, Tecnoglass Inc.'s revenue compounded faster (12.8% CAGR vs 0.0%).
Piedmont Realty Trust, Inc. is a publicly traded real estate investment trust (REIT) that owns, operates, and invests in high-quality office properties primarily located in high-growth metropolitan areas across the United States. It serves corporate tenants across multiple industry sectors including technology, professional services, and healthcare, and pursues stable long-term returns for stakeholders via strategic property management and portfolio optimization.
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.
PDM vs TGLS — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $143.3M | $245.3M |
| Net Profit | $-45.0M | $26.1M |
| Gross Margin | — | 40.0% |
| Operating Margin | — | 18.3% |
| Net Margin | -31.4% | 10.6% |
| Revenue YoY | 0.4% | 2.4% |
| Net Profit YoY | -27.9% | -44.5% |
| EPS (diluted) | $-0.10 | $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.
| Q1 26 | $143.3M | — | ||
| Q4 25 | $142.9M | $245.3M | ||
| Q3 25 | $139.2M | $260.5M | ||
| Q2 25 | $140.3M | $255.5M | ||
| Q1 25 | $142.7M | $222.3M | ||
| Q4 24 | $143.2M | $239.6M | ||
| Q3 24 | $139.3M | $238.3M | ||
| Q2 24 | $143.3M | $219.7M |
| Q1 26 | $-45.0M | — | ||
| Q4 25 | $-43.2M | $26.1M | ||
| Q3 25 | $-13.5M | $47.2M | ||
| Q2 25 | $-16.8M | $44.1M | ||
| Q1 25 | $-10.1M | $42.2M | ||
| Q4 24 | $-30.0M | $47.0M | ||
| Q3 24 | $-11.5M | $49.5M | ||
| Q2 24 | $-9.8M | $35.0M |
| Q1 26 | — | — | ||
| Q4 25 | — | 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 26 | — | — | ||
| Q4 25 | — | 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 26 | -31.4% | — | ||
| Q4 25 | -30.3% | 10.6% | ||
| Q3 25 | -9.7% | 18.1% | ||
| Q2 25 | -12.0% | 17.3% | ||
| Q1 25 | -7.1% | 19.0% | ||
| Q4 24 | -20.9% | 19.6% | ||
| Q3 24 | -8.3% | 20.8% | ||
| Q2 24 | -6.8% | 15.9% |
| Q1 26 | $-0.10 | — | ||
| Q4 25 | $-0.34 | $0.57 | ||
| Q3 25 | $-0.11 | $1.01 | ||
| Q2 25 | $-0.14 | $0.94 | ||
| Q1 25 | $-0.08 | $0.90 | ||
| Q4 24 | $-0.25 | $1.00 | ||
| Q3 24 | $-0.09 | $1.05 | ||
| Q2 24 | $-0.08 | $0.75 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $2.3M | $104.1M |
| Total DebtLower is stronger | — | $174.4M |
| Stockholders' EquityBook value | $1.5B | $713.1M |
| Total Assets | $4.0B | $1.3B |
| Debt / EquityLower = less leverage | — | 0.24× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $2.3M | — | ||
| Q4 25 | $731.0K | $104.1M | ||
| Q3 25 | $3.0M | $127.1M | ||
| Q2 25 | $3.3M | $140.9M | ||
| Q1 25 | $2.9M | $160.2M | ||
| Q4 24 | $109.6M | $137.5M | ||
| Q3 24 | $133.6M | $124.8M | ||
| Q2 24 | $138.5M | $129.5M |
| Q1 26 | — | — | ||
| Q4 25 | $2.2B | $174.4M | ||
| Q3 25 | $2.2B | $114.7M | ||
| Q2 25 | $2.2B | $110.6M | ||
| Q1 25 | $2.2B | $110.6M | ||
| Q4 24 | $2.2B | $111.1M | ||
| Q3 24 | $2.2B | $126.8M | ||
| Q2 24 | $2.2B | $144.7M |
| Q1 26 | $1.5B | — | ||
| Q4 25 | $1.5B | $713.1M | ||
| Q3 25 | $1.5B | $764.0M | ||
| Q2 25 | $1.5B | $736.0M | ||
| Q1 25 | $1.6B | $685.1M | ||
| Q4 24 | $1.6B | $631.2M | ||
| Q3 24 | $1.6B | $613.3M | ||
| Q2 24 | $1.7B | $574.8M |
| Q1 26 | $4.0B | — | ||
| Q4 25 | $4.0B | $1.3B | ||
| Q3 25 | $4.0B | $1.2B | ||
| Q2 25 | $4.0B | $1.2B | ||
| Q1 25 | $4.0B | $1.1B | ||
| Q4 24 | $4.1B | $1.0B | ||
| Q3 24 | $4.1B | $996.3M | ||
| Q2 24 | $4.2B | $942.5M |
| Q1 26 | — | — | ||
| Q4 25 | 1.49× | 0.24× | ||
| Q3 25 | 1.43× | 0.15× | ||
| Q2 25 | 1.41× | 0.15× | ||
| Q1 25 | 1.40× | 0.16× | ||
| Q4 24 | 1.40× | 0.18× | ||
| Q3 24 | 1.36× | 0.21× | ||
| Q2 24 | 1.34× | 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | — | $31.0M |
| Free Cash FlowOCF − Capex | — | $11.4M |
| FCF MarginFCF / Revenue | — | 4.7% |
| Capex IntensityCapex / Revenue | 110.3% | 8.0% |
| Cash ConversionOCF / Net Profit | — | 1.19× |
| TTM Free Cash FlowTrailing 4 quarters | — | $34.5M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $140.6M | $31.0M | ||
| Q3 25 | $35.8M | $40.0M | ||
| Q2 25 | $50.1M | $17.9M | ||
| Q1 25 | $3.7M | $46.9M | ||
| Q4 24 | $198.1M | $61.1M | ||
| Q3 24 | $42.9M | $41.5M | ||
| Q2 24 | $66.8M | $34.5M |
| Q1 26 | — | — | ||
| Q4 25 | — | $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 26 | — | — | ||
| Q4 25 | — | 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 26 | 110.3% | — | ||
| Q4 25 | — | 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 26 | — | — | ||
| 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× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
PDM
Segment breakdown not available.
TGLS
| Product Sales | $164.2M | 67% |
| Fixed Price Contracts | $81.1M | 33% |
| Related Party | $692.0K | 0% |
