vs

Side-by-side financial comparison of Tecnoglass Inc. (TGLS) and Thryv Holdings, Inc. (THRY). Click either name above to swap in a different company.

Tecnoglass Inc. is the larger business by last-quarter revenue ($245.3M vs $167.7M, roughly 1.5× Thryv Holdings, Inc.). Tecnoglass Inc. runs the higher net margin — 10.6% vs 2.7%, a 7.9% gap on every dollar of revenue. On growth, Tecnoglass Inc. posted the faster year-over-year revenue change (2.4% vs -7.5%). Tecnoglass Inc. produced more free cash flow last quarter ($11.4M vs $-5.5M). Over the past eight quarters, Tecnoglass Inc.'s revenue compounded faster (12.8% CAGR vs -13.5%).

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.

Thryv Holdings, Inc. is a publicly traded software as a service (SaaS) company, providing customer relationship management and online reputation management software for small businesses. It has headquarters in Dallas, Texas, and operates in 48 states across the United States of America with more than 2,400 employees. The company began as a conglomerate of Yellow Pages companies. In June 2020, Thryv reported $1.3 billion in revenue over a twelve-month period.

TGLS vs THRY — Head-to-Head

Bigger by revenue
TGLS
TGLS
1.5× larger
TGLS
$245.3M
$167.7M
THRY
Growing faster (revenue YoY)
TGLS
TGLS
+9.9% gap
TGLS
2.4%
-7.5%
THRY
Higher net margin
TGLS
TGLS
7.9% more per $
TGLS
10.6%
2.7%
THRY
More free cash flow
TGLS
TGLS
$16.9M more FCF
TGLS
$11.4M
$-5.5M
THRY
Faster 2-yr revenue CAGR
TGLS
TGLS
Annualised
TGLS
12.8%
-13.5%
THRY

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
TGLS
TGLS
THRY
THRY
Revenue
$245.3M
$167.7M
Net Profit
$26.1M
$4.5M
Gross Margin
40.0%
65.2%
Operating Margin
18.3%
37.3%
Net Margin
10.6%
2.7%
Revenue YoY
2.4%
-7.5%
Net Profit YoY
-44.5%
147.2%
EPS (diluted)
$0.57
$0.10

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
TGLS
TGLS
THRY
THRY
Q1 26
$167.7M
Q4 25
$245.3M
$191.6M
Q3 25
$260.5M
$201.6M
Q2 25
$255.5M
$210.5M
Q1 25
$222.3M
$181.4M
Q4 24
$239.6M
$186.6M
Q3 24
$238.3M
$179.9M
Q2 24
$219.7M
$224.1M
Net Profit
TGLS
TGLS
THRY
THRY
Q1 26
$4.5M
Q4 25
$26.1M
$-9.7M
Q3 25
$47.2M
$5.7M
Q2 25
$44.1M
$13.9M
Q1 25
$42.2M
$-9.6M
Q4 24
$47.0M
$7.9M
Q3 24
$49.5M
$-96.1M
Q2 24
$35.0M
$5.5M
Gross Margin
TGLS
TGLS
THRY
THRY
Q1 26
65.2%
Q4 25
40.0%
68.0%
Q3 25
42.7%
67.7%
Q2 25
44.7%
69.7%
Q1 25
43.9%
65.8%
Q4 24
44.5%
65.9%
Q3 24
45.8%
62.3%
Q2 24
40.8%
66.3%
Operating Margin
TGLS
TGLS
THRY
THRY
Q1 26
37.3%
Q4 25
18.3%
5.3%
Q3 25
25.1%
9.9%
Q2 25
24.0%
14.0%
Q1 25
26.7%
-1.7%
Q4 24
28.0%
-3.9%
Q3 24
28.4%
-49.2%
Q2 24
23.3%
14.0%
Net Margin
TGLS
TGLS
THRY
THRY
Q1 26
2.7%
Q4 25
10.6%
-5.0%
Q3 25
18.1%
2.8%
Q2 25
17.3%
6.6%
Q1 25
19.0%
-5.3%
Q4 24
19.6%
4.2%
Q3 24
20.8%
-53.4%
Q2 24
15.9%
2.5%
EPS (diluted)
TGLS
TGLS
THRY
THRY
Q1 26
$0.10
Q4 25
$0.57
$-0.21
Q3 25
$1.01
$0.13
Q2 25
$0.94
$0.31
Q1 25
$0.90
$-0.22
Q4 24
$1.00
$0.28
Q3 24
$1.05
$-2.65
Q2 24
$0.75
$0.15

Balance Sheet & Financial Strength

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

Metric
TGLS
TGLS
THRY
THRY
Cash + ST InvestmentsLiquidity on hand
$104.1M
$8.0M
Total DebtLower is stronger
$174.4M
Stockholders' EquityBook value
$713.1M
$225.4M
Total Assets
$1.3B
$693.7M
Debt / EquityLower = less leverage
0.24×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
TGLS
TGLS
THRY
THRY
Q1 26
$8.0M
Q4 25
$104.1M
$10.8M
Q3 25
$127.1M
$11.6M
Q2 25
$140.9M
$10.8M
Q1 25
$160.2M
$11.0M
Q4 24
$137.5M
$16.3M
Q3 24
$124.8M
$12.5M
Q2 24
$129.5M
$15.5M
Total Debt
TGLS
TGLS
THRY
THRY
Q1 26
Q4 25
$174.4M
$253.5M
Q3 25
$114.7M
$268.2M
Q2 25
$110.6M
$275.6M
Q1 25
$110.6M
$299.0M
Q4 24
$111.1M
$284.3M
Q3 24
$126.8M
$307.8M
Q2 24
$144.7M
$342.1M
Stockholders' Equity
TGLS
TGLS
THRY
THRY
Q1 26
$225.4M
Q4 25
$713.1M
$218.1M
Q3 25
$764.0M
$221.1M
Q2 25
$736.0M
$214.9M
Q1 25
$685.1M
$193.2M
Q4 24
$631.2M
$196.9M
Q3 24
$613.3M
$94.5M
Q2 24
$574.8M
$183.1M
Total Assets
TGLS
TGLS
THRY
THRY
Q1 26
$693.7M
Q4 25
$1.3B
$688.6M
Q3 25
$1.2B
$701.8M
Q2 25
$1.2B
$687.7M
Q1 25
$1.1B
$703.7M
Q4 24
$1.0B
$712.2M
Q3 24
$996.3M
$654.8M
Q2 24
$942.5M
$785.5M
Debt / Equity
TGLS
TGLS
THRY
THRY
Q1 26
Q4 25
0.24×
1.16×
Q3 25
0.15×
1.21×
Q2 25
0.15×
1.28×
Q1 25
0.16×
1.55×
Q4 24
0.18×
1.44×
Q3 24
0.21×
3.26×
Q2 24
0.25×
1.87×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
TGLS
TGLS
THRY
THRY
Operating Cash FlowLast quarter
$31.0M
Free Cash FlowOCF − Capex
$11.4M
$-5.5M
FCF MarginFCF / Revenue
4.7%
-3.3%
Capex IntensityCapex / Revenue
8.0%
Cash ConversionOCF / Net Profit
1.19×
TTM Free Cash FlowTrailing 4 quarters
$34.5M
$43.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
TGLS
TGLS
THRY
THRY
Q1 26
Q4 25
$31.0M
$22.2M
Q3 25
$40.0M
$22.2M
Q2 25
$17.9M
$29.6M
Q1 25
$46.9M
$-10.5M
Q4 24
$61.1M
$26.1M
Q3 24
$41.5M
$36.0M
Q2 24
$34.5M
$22.2M
Free Cash Flow
TGLS
TGLS
THRY
THRY
Q1 26
$-5.5M
Q4 25
$11.4M
$12.3M
Q3 25
$21.2M
$14.6M
Q2 25
$-14.7M
$21.8M
Q1 25
$16.5M
$-17.6M
Q4 24
$35.4M
$17.3M
Q3 24
$17.8M
$27.5M
Q2 24
$14.2M
$13.3M
FCF Margin
TGLS
TGLS
THRY
THRY
Q1 26
-3.3%
Q4 25
4.7%
6.4%
Q3 25
8.2%
7.2%
Q2 25
-5.7%
10.4%
Q1 25
7.4%
-9.7%
Q4 24
14.8%
9.3%
Q3 24
7.5%
15.3%
Q2 24
6.5%
5.9%
Capex Intensity
TGLS
TGLS
THRY
THRY
Q1 26
Q4 25
8.0%
5.2%
Q3 25
7.2%
3.8%
Q2 25
12.7%
3.7%
Q1 25
13.7%
3.9%
Q4 24
10.7%
4.7%
Q3 24
9.9%
4.7%
Q2 24
9.2%
4.0%
Cash Conversion
TGLS
TGLS
THRY
THRY
Q1 26
Q4 25
1.19×
Q3 25
0.85×
3.93×
Q2 25
0.41×
2.12×
Q1 25
1.11×
Q4 24
1.30×
3.32×
Q3 24
0.84×
Q2 24
0.98×
4.01×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

TGLS
TGLS

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

THRY
THRY

SaaS$116.7M70%
Other$50.9M30%

Related Comparisons