Tecogen Inc.
TGEN NYSE· Air-Cond & Warm Air Heatg Equip & Comm & Indl Refrig Equip
Last close · Oct 23, 2026
$2.10
KIRA · Stoqly’s AI analyst, in plain words
- Tecogen Inc. had $27.1M of revenue in fiscal 2025, up 19.7% on the year before. Over five years, revenue changed −0.9% a year on average.
- Its operating margin was −30.5%, down 10.4 pts: of every 100 in sales, about −30 is left after running the business.
- Tecogen Inc. lost $8.2M in fiscal 2025.
- Free cash flow was −$10.3M in fiscal 2025, −38.1% of revenue.
Market cap
$63.0M
P/E
—
Revenue
$27.1M
Net income
−$8.2M
Free cash flow
−$10.3M
Operating margin
−30.5%
Tecogen Inc. in 30 seconds · fiscal 2025
Are sales growing?
+19.7%
Yes. Sales grew 19.7% last year.
Does it make a profit?
−30.5%
No. It lost money last year.
Does profit turn into cash?
−38.1%
No. It spent more cash than it brought in.
How healthy are the accounts?
2 / 8
Weak. It passes 2 of 8 health tests.
How is the share priced?
—
No P/E: it made no profit over the last four quarters.
What Tecogen Inc. does
No business description yet.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 10-K · Mar 19, 2026
- Legal name
- TECOGEN INC.
- CIK
- 0001537435
Tecogen Inc. · TGEN
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $24.4M | $25.0M | $25.1M | $22.6M | $27.1M |
| Revenue growth | −13.6% | 2.5% | 0.5% | −10.0% | 19.7% |
| Gross margin | 47.5% | 44.3% | 40.6% | 43.6% | 36.3% |
| Operating margin | −5.0% | −9.4% | −17.6% | −20.0% | −30.5% |
| Net income | $3.7M | −$2.4M | −$4.6M | −$4.8M | −$8.2M |
| Net margin | 15.1% | −9.8% | −18.3% | −21.0% | −30.5% |
| Diluted EPS | $0.15 | −$0.10 | −$0.19 | −$0.19 | −$0.30 |
| Cash | |||||
| Cash from operations | $0.5M | −$1.4M | −$0.8M | $4.1M | −$9.9M |
| Capital expenditure | $0.1M | $0.3M | $0.0M | $1.0M | $0.4M |
| Free cash flow | $0.4M | −$1.7M | −$0.9M | $3.1M | −$10.3M |
| FCF margin | 1.5% | −6.7% | −3.4% | 13.7% | −38.1% |
| Share count change | 1.1% | −1.1% | 0.0% | 0.0% | 9.5% |
| Debt and strength | |||||
| Cash and short-term investments | $3.6M | $1.9M | $1.4M | $5.4M | $12.4M |
| Shareholders' equity | $21.2M | $19.1M | $14.7M | $10.2M | $21.6M |
| Current ratio | 2.8x | 2.9x | 1.9x | 1.3x | 3.1x |
| Interest coverage | −85.9x | −144.1x | −274.1x | −50.2x | −54.9x |
| Returns and quality | |||||
| Return on equity | 19.2% | −12.1% | −27.2% | −38.1% | −51.8% |
| Return on tangible equity | 21.0% | −15.6% | −48.1% | −88.6% | −45.2% |
| Piotroski F-score | 5 | 4 | 3 | 4 | 2 |
| Altman Z'' | 1.4 | 0.5 | −2.6 | −4.3 | −1.5 |
Insiders bought, 12 months
$0.1M
6 insiders
Insiders sold, 12 months
$0.0M
0 insiders
Of sales under plans
—
$0.0M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Tecogen Inc. · TGEN
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
KIRA
At $2.10 a share, the company is worth $63.0M.
Source: SEC EDGAR XBRL filings (CIK 0001537435). Data updated October 24, 2026. For information only — not investment advice. Check the original filings before relying on any figure.