Tecogen Inc.

Tecogen Inc.

TGEN
Tecogen Inc.US flagNew York Stock Exchange American
6.82
USD
+0.28
- -
204.04MMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
1
1.24
1.27
1.27
1.43
1.45
1.35
1.14
0.98
1.01
1.01
0.91
0.99
0.48
Basic EPS, GAAP
-0.22
-0.24
-0.16
-0.06
- -
-0.23
-0.19
-0.25
0.15
-0.1
-0.19
-0.19
-0.3
-0.13
Free Cash Flow per Basic Share
-0.25
-0.35
-0.29
-0.15
-0.07
-0.2
-0.19
0.05
0.01
-0.07
-0.03
0.12
-0.38
-0.21
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
-0.96
-1.21
-1.28
-1.18
-0.98
-1.15
-1.34
-1.59
-1.44
-1.54
-1.72
-1.92
-2.05
-2.04
Tangible Book Value per Share
0.38
0.31
0.67
0.69
0.75
0.65
0.66
0.54
0.71
0.63
0.38
0.21
0.66
0.57
Basic Weighted Avg Shares
16
16
17
19
23
25
25
25
25
25
25
25
27
28
Sales/Revenue/Turnover
16
19
21
24
33
36
33
28
24
25
25
23
27
14
Operating Margin (%)
-21.52
-19.15
-12.33
-4.07
0.68
-3.2
-6.12
-10.07
0.22
-9.54
-17.7
-19.14
-26.34
-26.01
Depreciation Expense
- -
- -
- -
- -
1
1
- -
- -
- -
- -
1
1
1
- -
Net Income, GAAP
-3
-4
-3
-1
- -
-6
-5
-6
4
-2
-5
-5
-8
-4
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
0.52
- -
- -
- -
- -
- -
Profit Margin (%)
-21.76
-19.37
-12.72
-4.48
0.14
-15.91
-14.09
-21.77
15.15
-9.79
-18.29
-21.04
-30.47
-26.3
Working Capital
6
7
14
14
13
13
14
13
16
14
10
5
20
18
LT Debt
- -
3
3
3
- -
- -
2
2
1
1
1
2
2
2
Total Equity
7
6
12
15
34
28
23
17
21
19
15
10
21
20
Return on Invested Capital (%)
- -
- -
- -
- -
0.86
- -
- -
- -
0.25
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
-0.74
- -
- -
- -
-10.56
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
- -
- -
1
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
2
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
- -
- -
30
Market Capitalization
229
134
73

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
- -
- -
27
Cash, Cash Equivalents & STI
- -
- -
9
Accounts Receivable, Net
- -
- -
5
Inventories
- -
- -
11
Total Current Liabilities
- -
- -
9
Payables & Accruals
- -
- -
6
ST Debt
- -
- -
1
Deferred Revenue
- -
- -
1

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
15.98%
14.11%
112.06%
Free Cash Flow
-167.45%
-332.22%
-433.59%
Net Income, GAAP
-1,244.69%
-32.33%
73.28%
Sales/Revenue/Turnover
3.46%
-0.19%
19.69%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
6
5
6
6
23
2025
7
7
- -
- -
27
2026
6
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.04
-0.06
-0.04
-0.05
-0.19
2025
-0.03
-0.06
- -
- -
-0.3
2026
-0.07
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Abinand Rangesh
Full Time Employees
91
Sector
Industrials
Industry
Electrical Equipment & Parts
Address
45 First Avenue Waltham MA United States of America 02451
IPO Date
May 20, 2014
Business
Tecogen Inc. specializes in the design, manufacture, installation, and maintenance of high-efficiency, ultra-clean cogeneration products focused on commercial, industrial, residential, and recreational applications. Its core product portfolio includes natural gas engine-driven combined heat and power (CHP) systems, commercial and industrial cogeneration systems, air conditioning systems including hybrid air-cooled chillers, high efficiency water heaters, and heat pumps. The company operates through three primary business segments: Products, which involves design and sales of cogeneration and HVAC systems; Services, which provides long-term operational and maintenance support; and Energy Production, managing distributed electricity generation systems and selling energy under extended contracts. It serves diverse markets including healthcare, recreation, data centers, multifamily housing, and industrial sectors primarily across the United States. Headquartered in Waltham, Massachusetts, Tecogen was founded in 1960. Recently, Tecogen has made significant strides in expanding its data center market presence, highlighted by receiving a letter of intent for a 100+ MW data center project with potential expansion to 500+ MW. In 2025, the company completed an $18.2 million capital raise aimed at funding product development, expanding sales and marketing, increasing personnel, and capital expenditures, particularly to support its data center strategy. The company launched a new hybrid air-cooled chiller contributing to revenue growth but impacting gross margins due to higher associated costs. Tecogen has intensified its manufacturing capacity through partnerships with Vertiv and contract manufacturers to scale production to meet anticipated demand from data centers. The partnership with Vertiv has accelerated, with enhanced engineering support and factory testing underway for validation of new products. Tecogen reports strong product segment revenue growth, a robust cash position of approximately $140 million, and no debt on its balance sheet, reinforcing its financial stability as it pursues strategic expansion in cogeneration and data center cooling solutions. These operational enhancements and technological advancements reflect Tecogen’s strategic shift toward scalable solutions for the growing data center industry while maintaining its established cogeneration and HVAC offerings. The company continues to leverage its proprietary CHPInsight’s Equipment Insight monitoring technology to optimize system performance and reliability, supporting long-term maintenance contracts. This comprehensive approach affirms Tecogen’s position as a developer of clean energy and energy-efficient solutions across multiple sectors with a growing foothold in the data center cooling and power generation market.

Company News

APIChat
  • Wall Street Analysts Think Tecogen (TGEN) Could Surge 46.08%: Read This Before Placing a Bet

  • Tecogen Q1 Earnings Call Highlights

  • Tecogen Inc. (TGEN) Q1 2026 Earnings Call Transcript

  • Tecogen Inc. (TGEN) Reports Q1 Loss, Beats Revenue Estimates

  • Tecogen Reports First Quarter 2026 Financial Results

  • Tecogen Schedules Earnings Release Date and Conference Call for Q1 2026 Results

  • Tecogen (NYSEAMERICAN:TGEN) Director Susan Hirsch Purchases 10,000 Shares

  • Tecogen Inc. (TGEN) Q4 2025 Earnings Call Transcript

  • Tecogen Inc. (TGEN) Reports Q4 Loss, Tops Revenue Estimates

  • Tecogen Announces Fourth Quarter and Year-End 2025 Results

  • Tecogen Schedules Earnings Release Date and Conference Call For FY 2025 Results

  • Tecogen: Huge Demand, Tiny Company

  • Tecogen Inc. (TGEN) Q3 2025 Earnings Call Transcript

  • Tecogen Reports Third Quarter 2025 Financial Results

  • Tecogen Schedules Earnings Release Date and Conference Call for Q3 2025 Results

  • Tecogen (TGEN) Soars 26.7%: Is Further Upside Left in the Stock?

  • 2 Air Conditioner & Heating Stocks Riding Data Center & Efficiency Push

  • Tecogen Inc. (TGEN) Q2 2025 Earnings Call Transcript

  • Tecogen Reports Second Quarter 2025 Financial Results

  • Tecogen Schedules Earnings Release Date and Conference Call for Q2 2025 Results