Filing Flows › Industrials › Tecogen (TGEN)
Tecogen (TGEN) earnings and revenue breakdown
Latest: Q2 2026 · 10-Q filed Aug 13, 2026 · Tecogen (TGEN) Q2 2026 earnings results →
Q2 2026 Revenue down 21% year over year to $5.7M · 37¢ of every $1 of revenue lost · operating margin -37.4%
Tecogen made $5.7M in Q2 2026 (-21% Y/Y): Services $4.4M, Products $1.1M, Energy production $236K. Operating margin -37.4%, net loss $2.1M. See where every dollar goes — costs, profit and cash — as a Sankey from the 10-Q filed Aug 13, 2026.
Drawing the Sankey…
Open the interactive Sankey → click any line for what the company wrote about it, compare Y/Y and Q/Q, export as PNG or PDF
What changed this quarter
Revenue was $5.7M in Q2 2026, down 21% year over year and down 9% from the previous quarter. Services was the largest line at 76% of revenue. Products lost $2.0M year over year (down 64%), 130% of the total change.
Gross margin was 37.8%, up 4.1 points from Q2 2025. Operating costs exceeded revenue by $2.2M, an operating margin of -37.4%. Operating expenses grew 12% against a revenue fall of 21%. The fastest-growing cost line was Research & development (+19%). The quarter ended with a net loss of $2.1M, wider than the previous quarter's $2.1M loss.
Operating cash flow was −$2.4M. Non-cash charges added back $279K of depreciation and amortization and $146K of share-based compensation. Working capital and other items used $634K. Capital expenditures of $73K exceeded it, leaving free cash flow of −$2.4M.
Quarterly history
| Quarter | Form | Filed | Revenue | Y/Y | Op. margin | Net earnings | Op. cash flow |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 10-Q | Aug 13, 2026 | $5.7M | -21% | -37.4% | −$2.1M | −$2.4M |
| Q1 2026 | 10-Q | May 13, 2026 | $6.3M | -13% | -33.7% | −$2.1M | −$3.1M |
| Q4 2025 | 10-K | Mar 19, 2026 | $5.3M | -12% | -77.8% | −$4.0M | −$2.6M |
| Q3 2025 | 10-Q | Nov 13, 2025 | $7.2M | +28% | -29.2% | −$2.1M | −$3.6M |
| Q2 2025 | 10-Q | Aug 13, 2025 | $7.3M | +54% | -19.4% | −$1.5M | −$2.6M |
| Q1 2025 | 10-Q | May 13, 2025 | $7.3M | +18% | -8.2% | −$660K | −$1.2M |
| Q4 2024 | 10-K | Mar 18, 2025 | $6.1M | +3% | -18.7% | −$1.2M | $4.2M |
Charts
Interactive views
The same charts as the app — open one to draw it.
💵Where each $1 goesinteractive
Loading the interactive chart…
🌏Named in Asian annual reportsinteractive
Loading the interactive chart…
🔄Rotation against the market and its industry (RRG)interactive
Loading the interactive chart…
🔍Earnings qualityinteractive
Loading the interactive chart…
⚖️Fair value by methodinteractive
Loading the interactive chart…
🔭Outlook & guidanceinteractive
Loading the interactive chart…
📈Investments: gains and what it boughtinteractive
Loading the interactive chart…
🏭Its industry’s money flow (input-output)interactive
Loading the interactive chart…
About Tecogen
Tecogen Inc., a Delaware corporation (together with its subsidiaries "we", "our", "us", "Tecogen," or "Company") produces commercial and industrial, natural-gas-fueled engine-driven, combined heat and power (CHP) products that reduce energy costs, decrease greenhouse gas emissions and alleviate congestion on the national power grid. Our products supply electric power or mechanical power for cooling, while heat from the engine is recovered and purposefully used at a customer facility. The majority of our customers are located in regions with the highest utility rates, typically California, the Midwest and the Northeast.
In its own words, from its 10-K, filed Mar 19, 2026.
Tecogen against its Air-Cond & Warm Air Heatg Equip & Comm & Indl Refrig Equip peers
The largest companies of the same SEC industry, each at its latest quarter. Revenue growth: -21% against the peers' median +10%. Operating margin: -37.4% against the peers' median 11.0%.
| Company | Quarter | Revenue | Y/Y | Op. margin |
|---|---|---|---|---|
| TGEN Tecogen | Q2 2026 | $5.7M | -21% | -37.4% |
| JCI Johnson Controls International | Q4 FY26 | $7.1B | +10% | 14.9% |
| CARR Carrier Global | Q3 2026 | $6.3B | +12% | -36.3% |
| LII Lennox International | Q3 2026 | $1.6B | +10% | 19.8% |
| AAON Aaon | Q2 2026 | $627M | +101% | 11.0% |
| EVOH EvoAir Holdings | Q4 FY26 | $107K | -14% | n/m |
Source: Tecogen 10-Q on SEC EDGAR · CIK 1537435 · Air-Cond & Warm Air Heatg Equip & Comm & Indl Refrig Equip
13F: who owns TGEN and who is buying
More on TGEN
History
Every quarter: Q2 2026 results · Q1 2026 results · Q4 2025 results · Q3 2025 results · Q2 2025 results · Q1 2025 results · Q4 2024 results