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Side-by-side financial comparison of T1 Energy Inc. (TE) 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 $210.5M, roughly 1.2× T1 Energy Inc.). Tecnoglass Inc. runs the higher net margin — 10.6% vs -62.0%, a 72.7% gap on every dollar of revenue. T1 Energy Inc. produced more free cash flow last quarter ($55.0M vs $11.4M).
Sony Energy Devices Corporation , is a Japanese multinational company specializing in a variety of areas in the energy industry, and is a wholly owned subsidiary and part of the Devices Group of Sony. The company was established in February 1975 in Fukushima, Japan.
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.
TE vs TGLS — Head-to-Head
Income Statement — Q3 FY2025 vs Q4 FY2025
| Metric | ||
|---|---|---|
| Revenue | $210.5M | $245.3M |
| Net Profit | $-130.6M | $26.1M |
| Gross Margin | 10.0% | 40.0% |
| Operating Margin | -45.0% | 18.3% |
| Net Margin | -62.0% | 10.6% |
| Revenue YoY | — | 2.4% |
| Net Profit YoY | -375.2% | -44.5% |
| EPS (diluted) | $-0.87 | $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 | — | $245.3M | ||
| Q3 25 | $210.5M | $260.5M | ||
| Q2 25 | $132.8M | $255.5M | ||
| Q1 25 | $53.5M | $222.3M | ||
| Q4 24 | — | $239.6M | ||
| Q3 24 | $0 | $238.3M | ||
| Q2 24 | $0 | $219.7M | ||
| Q1 24 | $0 | $192.6M |
| Q4 25 | — | $26.1M | ||
| Q3 25 | $-130.6M | $47.2M | ||
| Q2 25 | $-31.9M | $44.1M | ||
| Q1 25 | $-16.2M | $42.2M | ||
| Q4 24 | — | $47.0M | ||
| Q3 24 | $-27.5M | $49.5M | ||
| Q2 24 | $-27.0M | $35.0M | ||
| Q1 24 | $-28.5M | $29.7M |
| Q4 25 | — | 40.0% | ||
| Q3 25 | 10.0% | 42.7% | ||
| Q2 25 | 24.7% | 44.7% | ||
| Q1 25 | 33.3% | 43.9% | ||
| Q4 24 | — | 44.5% | ||
| Q3 24 | — | 45.8% | ||
| Q2 24 | — | 40.8% | ||
| Q1 24 | — | 38.8% |
| Q4 25 | — | 18.3% | ||
| Q3 25 | -45.0% | 25.1% | ||
| Q2 25 | -22.0% | 24.0% | ||
| Q1 25 | -44.2% | 26.7% | ||
| Q4 24 | — | 28.0% | ||
| Q3 24 | — | 28.4% | ||
| Q2 24 | — | 23.3% | ||
| Q1 24 | — | 21.3% |
| Q4 25 | — | 10.6% | ||
| Q3 25 | -62.0% | 18.1% | ||
| Q2 25 | -24.0% | 17.3% | ||
| Q1 25 | -30.4% | 19.0% | ||
| Q4 24 | — | 19.6% | ||
| Q3 24 | — | 20.8% | ||
| Q2 24 | — | 15.9% | ||
| Q1 24 | — | 15.4% |
| Q4 25 | — | $0.57 | ||
| Q3 25 | $-0.87 | $1.01 | ||
| Q2 25 | $-0.21 | $0.94 | ||
| Q1 25 | $-0.11 | $0.90 | ||
| Q4 24 | — | $1.00 | ||
| Q3 24 | $-0.20 | $1.05 | ||
| Q2 24 | $-0.19 | $0.75 | ||
| Q1 24 | $-0.20 | $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 | $34.1M | $104.1M |
| Total DebtLower is stronger | $547.3M | $174.4M |
| Stockholders' EquityBook value | $96.9M | $713.1M |
| Total Assets | $1.4B | $1.3B |
| Debt / EquityLower = less leverage | 5.65× | 0.24× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $104.1M | ||
| Q3 25 | $34.1M | $127.1M | ||
| Q2 25 | $8.5M | $140.9M | ||
| Q1 25 | $48.9M | $160.2M | ||
| Q4 24 | — | $137.5M | ||
| Q3 24 | $181.9M | $124.8M | ||
| Q2 24 | $219.6M | $129.5M | ||
| Q1 24 | $249.9M | $138.8M |
| Q4 25 | — | $174.4M | ||
| Q3 25 | $547.3M | $114.7M | ||
| Q2 25 | $591.2M | $110.6M | ||
| Q1 25 | $603.2M | $110.6M | ||
| Q4 24 | — | $111.1M | ||
| Q3 24 | — | $126.8M | ||
| Q2 24 | — | $144.7M | ||
| Q1 24 | $602.3M | $160.9M |
| Q4 25 | — | $713.1M | ||
| Q3 25 | $96.9M | $764.0M | ||
| Q2 25 | $183.9M | $736.0M | ||
| Q1 25 | $201.9M | $685.1M | ||
| Q4 24 | — | $631.2M | ||
| Q3 24 | $538.7M | $613.3M | ||
| Q2 24 | $561.6M | $574.8M | ||
| Q1 24 | $582.3M | $573.6M |
| Q4 25 | — | $1.3B | ||
| Q3 25 | $1.4B | $1.2B | ||
| Q2 25 | $1.4B | $1.2B | ||
| Q1 25 | $1.4B | $1.1B | ||
| Q4 24 | — | $1.0B | ||
| Q3 24 | $615.0M | $996.3M | ||
| Q2 24 | $644.4M | $942.5M | ||
| Q1 24 | $670.3M | $981.6M |
| Q4 25 | — | 0.24× | ||
| Q3 25 | 5.65× | 0.15× | ||
| Q2 25 | 3.21× | 0.15× | ||
| Q1 25 | 2.99× | 0.16× | ||
| Q4 24 | — | 0.18× | ||
| Q3 24 | — | 0.21× | ||
| Q2 24 | — | 0.25× | ||
| Q1 24 | 1.03× | 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 | $63.9M | $31.0M |
| Free Cash FlowOCF − Capex | $55.0M | $11.4M |
| FCF MarginFCF / Revenue | 26.1% | 4.7% |
| Capex IntensityCapex / Revenue | 4.2% | 8.0% |
| Cash ConversionOCF / Net Profit | — | 1.19× |
| TTM Free Cash FlowTrailing 4 quarters | $-42.3M | $34.5M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $31.0M | ||
| Q3 25 | $63.9M | $40.0M | ||
| Q2 25 | $33.4M | $17.9M | ||
| Q1 25 | $-44.8M | $46.9M | ||
| Q4 24 | — | $61.1M | ||
| Q3 24 | $-28.4M | $41.5M | ||
| Q2 24 | $-28.0M | $34.5M | ||
| Q1 24 | $-16.2M | $33.4M |
| Q4 25 | — | $11.4M | ||
| Q3 25 | $55.0M | $21.2M | ||
| Q2 25 | $10.6M | $-14.7M | ||
| Q1 25 | $-74.0M | $16.5M | ||
| Q4 24 | — | $35.4M | ||
| Q3 24 | $-34.0M | $17.8M | ||
| Q2 24 | $-35.6M | $14.2M | ||
| Q1 24 | $-37.7M | $23.6M |
| Q4 25 | — | 4.7% | ||
| Q3 25 | 26.1% | 8.2% | ||
| Q2 25 | 8.0% | -5.7% | ||
| Q1 25 | -138.4% | 7.4% | ||
| Q4 24 | — | 14.8% | ||
| Q3 24 | — | 7.5% | ||
| Q2 24 | — | 6.5% | ||
| Q1 24 | — | 12.2% |
| Q4 25 | — | 8.0% | ||
| Q3 25 | 4.2% | 7.2% | ||
| Q2 25 | 17.2% | 12.7% | ||
| Q1 25 | 54.5% | 13.7% | ||
| Q4 24 | — | 10.7% | ||
| Q3 24 | — | 9.9% | ||
| Q2 24 | — | 9.2% | ||
| Q1 24 | — | 5.1% |
| 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
TE
| Related Party | $120.1M | 57% |
| Nonrelated Party | $90.4M | 43% |
TGLS
| Product Sales | $164.2M | 67% |
| Fixed Price Contracts | $81.1M | 33% |
| Related Party | $692.0K | 0% |