Filing Flows › Tecogen (TGEN) › Q2 2025
Tecogen (TGEN) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 13, 2025
Tecogen (TGEN) reported revenue of $7.3M for the second quarter 2025 (Q2 2025), +54% from a year earlier and +0.2% from the quarter before. Operating margin was -19.4%, net loss $1.5M (20.2% of revenue).
Tecogen, Q2 2025: revenue $7.3M (+54% year over year), operating margin -19.4%, net loss $1.5M, operating cash flow −$2.6M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $7.3M | +0.2% | +54% |
| Operating profit | −$1.4M | — | — |
| Net earnings | −$1.5M | — | — |
| Operating cash flow | −$2.6M | — | — |
What changed
Revenue was $7.3M in Q2 2025, up 54% year over year and roughly flat from the previous quarter. Services was the largest line at 54% of revenue. Products added $3.0M year over year (up 2537%), 118% of the total change. Energy production declined 64%.
Gross margin was 33.8%, down 10.2 points from a year earlier. Operating costs exceeded revenue by $1.4M, an operating margin of -19.4%. Operating expenses grew 9% against revenue growth of 54%. The fastest-growing cost line was Sales & marketing (+27%). The quarter ended with a net loss of $1.5M, wider than the previous quarter's $660K loss. Minority interests bore $9K of it: to shareholders the quarter was a loss of $1.5M.
Operating cash flow was −$2.6M. Non-cash charges added back $206K of depreciation and amortization and $43K of share-based compensation. Working capital and other items used $1.4M. Capital expenditures of $146K exceeded it, leaving free cash flow of −$2.7M.
Questions
What was Tecogen's revenue in the second quarter 2025?
Tecogen (TGEN) reported revenue of $7.3M for the second quarter 2025 (Q2 2025), +54% from a year earlier and +0.2% from the quarter before.
Was Tecogen profitable in the second quarter 2025?
Operating loss was $1.4M (-19.4% of revenue) and net loss $1.5M.
Source: Tecogen 10-Q on SEC EDGAR.