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Side-by-side financial comparison of ONE Group Hospitality, Inc. (STKS) 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 $207.0M, roughly 1.2× ONE Group Hospitality, Inc.). Tecnoglass Inc. runs the higher net margin — 10.6% vs -3.1%, a 13.7% gap on every dollar of revenue. On growth, Tecnoglass Inc. posted the faster year-over-year revenue change (2.4% vs -6.7%). Tecnoglass Inc. produced more free cash flow last quarter ($11.4M vs $-329.0K). Over the past eight quarters, ONE Group Hospitality, Inc.'s revenue compounded faster (56.1% CAGR vs 12.8%).
Target Hospitality is a company that provides workforce lodging and other temporary, modular housing used for oil, gas and mining operations; large-scale events; and disaster relief. Target Hospitality is based in The Woodlands, Texas, and also has offices in Williston, North Dakota; Denver, Colorado; Calgary, Alberta.
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.
STKS vs TGLS — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $207.0M | $245.3M |
| Net Profit | $-6.4M | $26.1M |
| Gross Margin | — | 40.0% |
| Operating Margin | 2.2% | 18.3% |
| Net Margin | -3.1% | 10.6% |
| Revenue YoY | -6.7% | 2.4% |
| Net Profit YoY | -531.8% | -44.5% |
| EPS (diluted) | $-0.50 | $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 | $207.0M | $245.3M | ||
| Q3 25 | $180.2M | $260.5M | ||
| Q2 25 | $207.4M | $255.5M | ||
| Q1 25 | $211.1M | $222.3M | ||
| Q4 24 | $221.9M | $239.6M | ||
| Q3 24 | $194.0M | $238.3M | ||
| Q2 24 | $172.5M | $219.7M | ||
| Q1 24 | $85.0M | $192.6M |
| Q4 25 | $-6.4M | $26.1M | ||
| Q3 25 | $-76.7M | $47.2M | ||
| Q2 25 | $-10.1M | $44.1M | ||
| Q1 25 | $975.0K | $42.2M | ||
| Q4 24 | $1.5M | $47.0M | ||
| Q3 24 | $-9.3M | $49.5M | ||
| Q2 24 | $-7.3M | $35.0M | ||
| Q1 24 | $-2.1M | $29.7M |
| 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% |
| Q4 25 | 2.2% | 18.3% | ||
| Q3 25 | -4.4% | 25.1% | ||
| Q2 25 | 0.3% | 24.0% | ||
| Q1 25 | 5.1% | 26.7% | ||
| Q4 24 | 5.5% | 28.0% | ||
| Q3 24 | -1.9% | 28.4% | ||
| Q2 24 | 0.6% | 23.3% | ||
| Q1 24 | -0.7% | 21.3% |
| Q4 25 | -3.1% | 10.6% | ||
| Q3 25 | -42.6% | 18.1% | ||
| Q2 25 | -4.9% | 17.3% | ||
| Q1 25 | 0.5% | 19.0% | ||
| Q4 24 | 0.7% | 19.6% | ||
| Q3 24 | -4.8% | 20.8% | ||
| Q2 24 | -4.3% | 15.9% | ||
| Q1 24 | -2.4% | 15.4% |
| Q4 25 | $-0.50 | $0.57 | ||
| Q3 25 | $-2.75 | $1.01 | ||
| Q2 25 | $-0.59 | $0.94 | ||
| Q1 25 | $-0.21 | $0.90 | ||
| Q4 24 | $-0.18 | $1.00 | ||
| Q3 24 | $-0.53 | $1.05 | ||
| Q2 24 | $-0.38 | $0.75 | ||
| Q1 24 | $-0.07 | $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 | $4.2M | $104.1M |
| Total DebtLower is stronger | $354.2M | $174.4M |
| Stockholders' EquityBook value | $-75.8M | $713.1M |
| Total Assets | $884.2M | $1.3B |
| Debt / EquityLower = less leverage | — | 0.24× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $4.2M | $104.1M | ||
| Q3 25 | $5.5M | $127.1M | ||
| Q2 25 | $4.7M | $140.9M | ||
| Q1 25 | $21.4M | $160.2M | ||
| Q4 24 | $27.6M | $137.5M | ||
| Q3 24 | $28.2M | $124.8M | ||
| Q2 24 | $32.2M | $129.5M | ||
| Q1 24 | $15.4M | $138.8M |
| Q4 25 | $354.2M | $174.4M | ||
| Q3 25 | $355.0M | $114.7M | ||
| Q2 25 | $347.4M | $110.6M | ||
| Q1 25 | $348.3M | $110.6M | ||
| Q4 24 | $348.3M | $111.1M | ||
| Q3 24 | $349.1M | $126.8M | ||
| Q2 24 | $350.0M | $144.7M | ||
| Q1 24 | $73.5M | $160.9M |
| Q4 25 | $-75.8M | $713.1M | ||
| Q3 25 | $-61.5M | $764.0M | ||
| Q2 25 | $23.0M | $736.0M | ||
| Q1 25 | $40.5M | $685.1M | ||
| Q4 24 | $45.9M | $631.2M | ||
| Q3 24 | $51.4M | $613.3M | ||
| Q2 24 | $68.1M | $574.8M | ||
| Q1 24 | $68.3M | $573.6M |
| Q4 25 | $884.2M | $1.3B | ||
| Q3 25 | $879.5M | $1.2B | ||
| Q2 25 | $935.7M | $1.2B | ||
| Q1 25 | $956.0M | $1.1B | ||
| Q4 24 | $960.1M | $1.0B | ||
| Q3 24 | $953.5M | $996.3M | ||
| Q2 24 | $945.9M | $942.5M | ||
| Q1 24 | $309.3M | $981.6M |
| Q4 25 | — | 0.24× | ||
| Q3 25 | — | 0.15× | ||
| Q2 25 | 15.07× | 0.15× | ||
| Q1 25 | 8.61× | 0.16× | ||
| Q4 24 | 7.59× | 0.18× | ||
| Q3 24 | 6.79× | 0.21× | ||
| Q2 24 | 5.14× | 0.25× | ||
| Q1 24 | 1.08× | 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 | $13.1M | $31.0M |
| Free Cash FlowOCF − Capex | $-329.0K | $11.4M |
| FCF MarginFCF / Revenue | -0.2% | 4.7% |
| Capex IntensityCapex / Revenue | 6.5% | 8.0% |
| Cash ConversionOCF / Net Profit | — | 1.19× |
| TTM Free Cash FlowTrailing 4 quarters | $-27.3M | $34.5M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $13.1M | $31.0M | ||
| Q3 25 | $5.9M | $40.0M | ||
| Q2 25 | $2.8M | $17.9M | ||
| Q1 25 | $8.5M | $46.9M | ||
| Q4 24 | $18.5M | $61.1M | ||
| Q3 24 | $19.1M | $41.5M | ||
| Q2 24 | $-3.8M | $34.5M | ||
| Q1 24 | $10.4M | $33.4M |
| Q4 25 | $-329.0K | $11.4M | ||
| Q3 25 | $-6.1M | $21.2M | ||
| Q2 25 | $-15.0M | $-14.7M | ||
| Q1 25 | $-5.8M | $16.5M | ||
| Q4 24 | $733.0K | $35.4M | ||
| Q3 24 | $287.0K | $17.8M | ||
| Q2 24 | $-23.0M | $14.2M | ||
| Q1 24 | $-5.4M | $23.6M |
| Q4 25 | -0.2% | 4.7% | ||
| Q3 25 | -3.4% | 8.2% | ||
| Q2 25 | -7.2% | -5.7% | ||
| Q1 25 | -2.7% | 7.4% | ||
| Q4 24 | 0.3% | 14.8% | ||
| Q3 24 | 0.1% | 7.5% | ||
| Q2 24 | -13.3% | 6.5% | ||
| Q1 24 | -6.4% | 12.2% |
| Q4 25 | 6.5% | 8.0% | ||
| Q3 25 | 6.7% | 7.2% | ||
| Q2 25 | 8.6% | 12.7% | ||
| Q1 25 | 6.8% | 13.7% | ||
| Q4 24 | 8.0% | 10.7% | ||
| Q3 24 | 9.7% | 9.9% | ||
| Q2 24 | 11.1% | 9.2% | ||
| Q1 24 | 18.6% | 5.1% |
| Q4 25 | — | 1.19× | ||
| Q3 25 | — | 0.85× | ||
| Q2 25 | — | 0.41× | ||
| Q1 25 | 8.76× | 1.11× | ||
| Q4 24 | 12.54× | 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
STKS
| Benihanas | $111.3M | 54% |
| Steakhouse Restaurant | $59.2M | 29% |
| Grill Concepts | $32.3M | 16% |
| Other | $4.2M | 2% |
TGLS
| Product Sales | $164.2M | 67% |
| Fixed Price Contracts | $81.1M | 33% |
| Related Party | $692.0K | 0% |
