Tecogen Inc.
9.48+1.21 (+14.6%)
Oct 29, 4:00:00 PM EDT · NYSE American · TGEN · USD
Key Stats
Market Cap
281.47MP/E (TTM)
-Basic EPS (TTM)
-0.16Dividend Yield
0%Recent Filings
8-K
Tecogen's AI chiller potential
Tecogen Inc. released a FAQ on September 17, 2025, detailing how its natural gas Tecochill units can free up 30% more power for AI chips in data centers facing shortages, turning a 100MW facility into a 130MW powerhouse without new plants. The company eyes proof-of-concept deals in H2 2025 via its Vertiv partnership to build credibility and slash installation times. Tecochill stands out with patented tech and 20 million hours of runtime. Yet perceived risks linger.
8-K
Tecogen clears director debt
Tecogen Inc. prepaid two promissory notes totaling $1 million principal owed to director John N. Hatsopoulos on September 3 and 4, 2025, paying $1,076,955.62 including $76,955.62 in accrued interest. This cleared all outstanding debt and saved $46,159 in future interest through July 31, 2026 maturity. Debt-free status strengthens the balance sheet.
10-Q
Q2 FY2025 results
Tecogen's Q2 revenue surged 54% y/y to $7.3M, driven by $3.2M in products—up from a mere $0.1M—thanks to initial hybrid chiller deliveries and stronger cogeneration sales, while services dipped 4% to $4.0M and energy production fell 64% to $0.2M from contract expirations. Gross margin slipped to 33.8% from 44.0%, hit by higher labor and materials, yielding an operating loss of $1.4M, improved from $1.5M last year; net loss narrowed to $1.5M or $0.06/share on 25.3M diluted shares, consistent with basic. Cash dropped to $1.6M amid $3.8M operating outflow, but a $1.1M related-party note (5% rate, due 2026) and $18.2M post-period equity raise bolster liquidity. Aegis amendments added 49 contracts since 2023, recognizing $2.2M customer intangibles amortized over 1-11 years. Products dominate growth, yet regulatory shifts in fossil fuel markets pose risks.
8-K
Tecogen Q2 revenue surges 54%
Tecogen Inc. reported Q2 2025 revenues of $7.29 million, up 54% from $4.73 million in 2024, driven by $3.16 million in products from initial hybrid chiller deliveries, though gross margin dipped to 33.8% amid higher costs. The company secured its first LOI for a 100+MW data center pilot evaluating six STx chillers, with potential expansion to 500+MW, and quoted two 60-100 chiller projects. Progress falters on service margins in Manhattan and NJ due to upgrades and overtime. Raised $18.2 million in July to scale factory output for data center growth.
8-K
Tecogen names new CFO
Tecogen Inc. appointed Roger Deschenes as CFO and Treasurer on July 24, 2025, separating the role from CEO Dr. Abinand Rangesh to strengthen financial controls and segregation of duties. Deschenes, CAO since 2020 with prior CFO stints at L3 Security and Implant Sciences, received a $180,000 base salary and $200,000 in equity awards vesting over four years. This move bolsters internal reporting amid growth. Equity grants align executives with shareholders.
IPO
Website
Employees
Sector
Industry
AEIS
Advanced Energy Industries, Inc
208.05+3.43
CETY
Clean Energy Technologies, Inc.
2.52+0.05
ENS
EnerSys
124.84+3.04
GNRC
Generac Holdlings Inc.
180.86-9.29
INGN
Inogen, Inc
8.41-0.12
PLUG
Plug Power, Inc.
2.76-0.03
POLA
Polar Power, Inc.
3.81-0.25
TE
T1 Energy Inc.
3.60-0.10
TOGI
TurnOnGreen, Inc
0.09+0.01
TT
Trane Technologies plc
427.48+1.12