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Side-by-side financial comparison of Sweetgreen, Inc. (SG) 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 $155.2M, roughly 1.6× Sweetgreen, Inc.). Tecnoglass Inc. runs the higher net margin — 10.6% vs -32.0%, a 42.7% gap on every dollar of revenue. On growth, Tecnoglass Inc. posted the faster year-over-year revenue change (2.4% vs -3.5%). Tecnoglass Inc. produced more free cash flow last quarter ($11.4M vs $-39.0M). Over the past eight quarters, Tecnoglass Inc.'s revenue compounded faster (12.8% CAGR vs -0.8%).

Sweetgreen is an American fast casual restaurant chain that serves salads. It was founded in November 2006 by Nicolas Jammet, Nathaniel Ru, and Jonathan Neman. In August 2007, they opened their first store in Washington, D.C., three months after they graduated from the McDonough School of Business at Georgetown University.

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.

SG vs TGLS — Head-to-Head

Bigger by revenue
TGLS
TGLS
1.6× larger
TGLS
$245.3M
$155.2M
SG
Growing faster (revenue YoY)
TGLS
TGLS
+5.9% gap
TGLS
2.4%
-3.5%
SG
Higher net margin
TGLS
TGLS
42.7% more per $
TGLS
10.6%
-32.0%
SG
More free cash flow
TGLS
TGLS
$50.4M more FCF
TGLS
$11.4M
$-39.0M
SG
Faster 2-yr revenue CAGR
TGLS
TGLS
Annualised
TGLS
12.8%
-0.8%
SG

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
SG
SG
TGLS
TGLS
Revenue
$155.2M
$245.3M
Net Profit
$-49.7M
$26.1M
Gross Margin
40.0%
Operating Margin
-31.0%
18.3%
Net Margin
-32.0%
10.6%
Revenue YoY
-3.5%
2.4%
Net Profit YoY
-71.3%
-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.

Revenue
SG
SG
TGLS
TGLS
Q4 25
$155.2M
$245.3M
Q3 25
$172.4M
$260.5M
Q2 25
$185.6M
$255.5M
Q1 25
$166.3M
$222.3M
Q4 24
$160.9M
$239.6M
Q3 24
$173.4M
$238.3M
Q2 24
$184.6M
$219.7M
Q1 24
$157.8M
$192.6M
Net Profit
SG
SG
TGLS
TGLS
Q4 25
$-49.7M
$26.1M
Q3 25
$-36.1M
$47.2M
Q2 25
$-23.2M
$44.1M
Q1 25
$-25.0M
$42.2M
Q4 24
$-29.0M
$47.0M
Q3 24
$-20.8M
$49.5M
Q2 24
$-14.5M
$35.0M
Q1 24
$-26.1M
$29.7M
Gross Margin
SG
SG
TGLS
TGLS
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 24
38.8%
Operating Margin
SG
SG
TGLS
TGLS
Q4 25
-31.0%
18.3%
Q3 25
-21.0%
25.1%
Q2 25
-14.2%
24.0%
Q1 25
-17.2%
26.7%
Q4 24
-19.5%
28.0%
Q3 24
-12.2%
28.4%
Q2 24
-8.8%
23.3%
Q1 24
-17.1%
21.3%
Net Margin
SG
SG
TGLS
TGLS
Q4 25
-32.0%
10.6%
Q3 25
-21.0%
18.1%
Q2 25
-12.5%
17.3%
Q1 25
-15.1%
19.0%
Q4 24
-18.0%
19.6%
Q3 24
-12.0%
20.8%
Q2 24
-7.8%
15.9%
Q1 24
-16.5%
15.4%
EPS (diluted)
SG
SG
TGLS
TGLS
Q4 25
$-0.42
$0.57
Q3 25
$-0.31
$1.01
Q2 25
$-0.20
$0.94
Q1 25
$-0.21
$0.90
Q4 24
$-0.25
$1.00
Q3 24
$-0.18
$1.05
Q2 24
$-0.13
$0.75
Q1 24
$-0.23
$0.63

Balance Sheet & Financial Strength

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

Metric
SG
SG
TGLS
TGLS
Cash + ST InvestmentsLiquidity on hand
$89.2M
$104.1M
Total DebtLower is stronger
$174.4M
Stockholders' EquityBook value
$356.1M
$713.1M
Total Assets
$788.1M
$1.3B
Debt / EquityLower = less leverage
0.24×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SG
SG
TGLS
TGLS
Q4 25
$89.2M
$104.1M
Q3 25
$130.0M
$127.1M
Q2 25
$168.5M
$140.9M
Q1 25
$183.9M
$160.2M
Q4 24
$214.8M
$137.5M
Q3 24
$234.6M
$124.8M
Q2 24
$244.6M
$129.5M
Q1 24
$243.8M
$138.8M
Total Debt
SG
SG
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
SG
SG
TGLS
TGLS
Q4 25
$356.1M
$713.1M
Q3 25
$393.3M
$764.0M
Q2 25
$423.3M
$736.0M
Q1 25
$432.8M
$685.1M
Q4 24
$446.1M
$631.2M
Q3 24
$463.3M
$613.3M
Q2 24
$470.1M
$574.8M
Q1 24
$470.3M
$573.6M
Total Assets
SG
SG
TGLS
TGLS
Q4 25
$788.1M
$1.3B
Q3 25
$824.8M
$1.2B
Q2 25
$831.9M
$1.2B
Q1 25
$834.3M
$1.1B
Q4 24
$856.8M
$1.0B
Q3 24
$858.0M
$996.3M
Q2 24
$859.2M
$942.5M
Q1 24
$842.7M
$981.6M
Debt / Equity
SG
SG
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
SG
SG
TGLS
TGLS
Operating Cash FlowLast quarter
$-8.7M
$31.0M
Free Cash FlowOCF − Capex
$-39.0M
$11.4M
FCF MarginFCF / Revenue
-25.1%
4.7%
Capex IntensityCapex / Revenue
19.6%
8.0%
Cash ConversionOCF / Net Profit
1.19×
TTM Free Cash FlowTrailing 4 quarters
$-119.2M
$34.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SG
SG
TGLS
TGLS
Q4 25
$-8.7M
$31.0M
Q3 25
$-1.4M
$40.0M
Q2 25
$10.5M
$17.9M
Q1 25
$-13.1M
$46.9M
Q4 24
$6.1M
$61.1M
Q3 24
$14.7M
$41.5M
Q2 24
$19.1M
$34.5M
Q1 24
$3.4M
$33.4M
Free Cash Flow
SG
SG
TGLS
TGLS
Q4 25
$-39.0M
$11.4M
Q3 25
$-37.2M
$21.2M
Q2 25
$-13.1M
$-14.7M
Q1 25
$-29.9M
$16.5M
Q4 24
$-20.6M
$35.4M
Q3 24
$-10.3M
$17.8M
Q2 24
$-156.0K
$14.2M
Q1 24
$-10.0M
$23.6M
FCF Margin
SG
SG
TGLS
TGLS
Q4 25
-25.1%
4.7%
Q3 25
-21.6%
8.2%
Q2 25
-7.1%
-5.7%
Q1 25
-18.0%
7.4%
Q4 24
-12.8%
14.8%
Q3 24
-6.0%
7.5%
Q2 24
-0.1%
6.5%
Q1 24
-6.3%
12.2%
Capex Intensity
SG
SG
TGLS
TGLS
Q4 25
19.6%
8.0%
Q3 25
20.8%
7.2%
Q2 25
12.7%
12.7%
Q1 25
10.1%
13.7%
Q4 24
16.6%
10.7%
Q3 24
14.4%
9.9%
Q2 24
10.4%
9.2%
Q1 24
8.5%
5.1%
Cash Conversion
SG
SG
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

SG
SG

Segment breakdown not available.

TGLS
TGLS

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

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