TECOGEN INC. (TGEN) Form 10-Q — Aug 13, 2026
Tecogen's Q2 2026 revenue fell 21.2% year over year to $5,746,136, and the net loss attributable to Tecogen widened 46.8% to $2,148,603, or $(0.07) per share versus $(0.06) a year ago. For the first six months, the net loss more than doubled to $4,269,176 on a 17.1% revenue decline to $12,081,905. The damage came from the Products segment, where quarterly revenue collapsed 64.0% as cogeneration sales dropped 76.6% and chiller sales 66.1% against a prior-year quarter boosted by Inflation Reduction Act-driven shipments. Services grew 10.3% and Energy Production 35.4%, and total gross margin improved to 37.8% on 2026 price increases, but operating expenses rose 11.6% and G&A climbed 13.6%.
Key figures
- Eps
- -0.07
- Revenue
- 5746136
- Revenue Yoy
- -21.2%
- Total Assets
- 31604439
- Cash Position
- 6782573
- Shares Outstanding
- 30187822
- Six month eps
- -0.14
- Q2 2025 revenue
- 7294820
- Q2 gross margin
- 37.8%
- Working capital
- 15812847
- Six month revenue
- 12081905
- Accumulated deficit
- 60157825
- Six month revenue yoy
- -17.1%
- Products revenue change q2
- -64.0%
- Services revenue change q2
- +10.3%
- Remaining performance obligations
- 4176508
- Energy production revenue change q2
- +35.4%
- Energy production guarantee shortfall
- 91912
Price after filing
Close on the filing date to close N calendar days later (from $4.19). Historical, not a forecast.
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