Tecnoglass Inc. · NYSE:TGLS
Tecnoglass — Q2 2026 Earnings Presentation
23 slides from Tecnoglass's earnings presentation, Aug 6, 2026
Slide 1: Second Quarter 2026 Earnings Conference Call
Second Quarter 2026 Earnings Conference Call August 6, 2026 – TECNOGLASS HOLDINGS INC. (NYSE: TGLS) www.tecnoglass.com
Slide 2: Disclaimer
Disclaimer FORWARD LOOKING STATEMENTS This presentation includes certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding future financial performance, future growth and future acquisitions. These statements are bas
Slide 3: Highlights
300 Third Avenue Waltham, Massachusetts l Highlights www.tecnoglass.com
Slide 4: Q2 2026 Key Takeaways
Q2 2026 Key Takeaways • Revenues up 15.6% YoY to an all time record $295.3 mm, driven by strong core market Revenues by Geography Q2’26 performance, market share gains through expanding geographic presence, and increased vinyl traction 3% • Single-family residential revenues grew 15.4% YoY to $126.5
Slide 5: U.S. Growth Driving Resilient Multi-family/Commercial Backlog
U.S. Growth Driving Resilient Multi-family/Commercial Backlog Backlog Overview Backlog as of Q2’26 by End Market • Backlog expanded 15.6% YoY to a record $1.38 bn, supported by our Multifamily / strong execution track record on high-profile projects and ability to gain Residential Related market sha
Slide 6: Demonstrated History of Converting Backlog to Revenue
Demonstrated History of Converting Backlog to Revenue Backlog to Revenue Conversion 114% 110% 111% 106% 107% 100% 102% 93% 97% 95% 93% 88% 88% 89% 92% 91% 86% 85% 86% 83% 75% 73% 70% 70% 69% 61% 60% 63% 64% 61% 59% 58% 57% 59% 60% 58% $ millions 55% 55% 56% 53% 54% 53% 1,360 1,382 1,263 1,289 1,110
Slide 7: Single-Family Residential Business Expanding
Single-Family Residential Business Expanding Strong Presence in High-Demand U.S. Markets Product Innovation to Propel Effective Expansion Florida Texas East Coast California & Arizona Operational Showrooms Expected 2026 Openings Core Presence Today Developing Presence Mixed Energy Efficiency & Impac
Slide 8: TGLS Continues to Outperform a Muted Single-Family Residential Market
TGLS Continues to Outperform a Muted Single-Family Residential Market Residential Construction Spending Put in Place NAHB Remodeling Market Index Tecnoglass Single-family Residential Revenue ($ in Millions) ($ in Millions) $922,420 $419.9 $869,647 68 62 $335.4 2.5% -3.5% 9.4% CAGR CAGR CAGR 2023 LTM
Slide 9: Financial Update
l Aston Martin Miami, Florida l Financial Update www.tecnoglass.com
Slide 10: Revenue Bridge 2026 vs. 2025
Revenue Bridge 2026 vs. 2025 Q2 2026 Revenue Bridge (US$M) 27.0 295.3 16.9 -4.1 255.5 Q2'25 Revenues US Single-Family Residential US Multi-Family / Commercial LATAM/Rest of the world Q2'26 Revenues • Revenue growth of 15.6% to $295.3 mm in Q2’26, driven by market share gains in multi-family / commer
Slide 11: Adjusted EBITDA Bridge 2026 vs. 2025
Adjusted EBITDA(1) Bridge 2026 vs. 2025 Q2 2026 Adjusted EBITDA Bridge (US$M) 31.2% 17.5% 15.7 79.8 -22.7 -9.6 3.3 51.7 -0.4 -14.5 Adjusted EBITDA margin Q2 2025 Adj. EBITDA Volume / Price Mix SG&A US Alum price FX Impact Operating Leverage JV Contribution Q2 2026 Adj. EBITDA • Gross margin decrease
Slide 12: Pricing, Operational, and Strategic Initiatives to Mitigate Aluminum and FX Impacts
Pricing, Operational, and Strategic Initiatives to Mitigate Aluminum and FX Impacts Aluminum Cost Mitigation Actions in Place Aluminum Market Context • Record-high aluminum prices and premiums are the main raw • Proactively addressing U.S. aluminum tariffs since May 2025 through material drag on Q2’
Slide 13: Strong Capital Resources and Record of Deployment
Strong Capital Resources and Record of Deployment Fortress Balance Sheet, 2Q’26 High Return Capital Deployment, 2023-YTD 2Q’26 Share Total Debt Net Leverage(1) Repurchases 29% $225 mm 0.57x Capital Deployed Weighted Average Weighted Average Interest Rate Maturity $542 mm Dividend 5.1% ~4.2 Years Hig
Slide 14: Consistent Record of Attractive Returns Above Peers
Consistent Record of Attractive Returns Above Peers 3 Year Average ROIC 3 Year Average ROE 26% 34% 9% 10% TGLS U.S. Building Products Peers 1 TGLS U.S. Building Products Peers 1 Strong profitability, prudent cash management and disciplined deployment driving strong returns Notes: 1. U.S. Building Pr
Slide 15: Outlook Update
205 Race Street Philadelphia, Pennsylvania l OUTLOOK UPDATE www.tecnoglass.com
Slide 16: 2026 Outlook
2026 Outlook Full Year 2026 Outlook Assumptions • Sustained share gains and solid residential demand support growth, supplemented by May pricing actions High End • Continued share gains plus strong execution in new geographies and vinyl; Executing on current backlog without project delays • Aluminum
Slide 17: Appendix
3Eleven 601 Hudson Yards New York City, New York l APPENDIX www.tecnoglass.com
Slide 18: Vertically-Integrated & Well-Situated Operations Create Structural Advantages
Vertically-Integrated & Well-Situated Operations Create Structural Advantages JV & Long Term Sales, Raw Production Final Suppliers Supply Distribution Materials Process Product Relationships & Installation Tecnoglass integration across the architectural glass and window value chain provides signific
Slide 19: ESG Strategy
ESG Strategy Outstanding Achievements Environmental Social Governance Enhancing Our Environment Promoting Continuous, Ethical and Responsible Leading Eco-Efficiency and Innovation Growth National Carbon Neutrality Employee Training and Ethics and Compliance Program Education Programs Program +15,000
Slide 20: ESG Strategy
ESG Strategy Our Sustainability Strategy contains the Company’s guidelines and value propositions to meet the expectations of our stakeholders Environmental Social Governance Enhancing Our Environment Promoting Continuous, Ethical and Responsible Leading Eco-Efficiency and Innovation Growth Encourag
Slide 21: Leading Eco-efficiency and Innovation
Leading Eco-efficiency and Innovation Over 85% of Tecnoglass’ total revenues are considered Green Revenues, including low emissivity and impact-resistant glass and windows, contributing to reducing global emissions and mitigating climate change effects 68% 65% 84% of our revenues are of our revenues
Slide 22: Non-GAAP Reconciliation
Non-GAAP Reconciliation1 Adjusted EBITDA and adjusted net (loss) income attributable to parent reconciliation Figures in U.S 000’s Three months ended Six months ended June 30, June 30, 2026 2025 2026 2025 Net income 24,555 44,083 56,446 86,272 Foreign currency transactions losses (gains) (5,213) (84
Slide 23: Non-GAAP Reconciliation
Non-GAAP Reconciliation1 Net Debt, Leverage and Total Investment Reconciliations As of Jun 30, Figures in U.S 000’s 2026 2025 Short Term Debt and Current Portion of Long Term Debt 6,156 587 Long Term Debt 219,238 108,642 Gross Debt 225,394 109,229 Cash at the end of the period 80,814 137,907 Net Deb