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Companies / Industrials / Tecogen Inc.
TGEN

Tecogen Inc.

IndustrialsIndustrial Machinery
Ticker TGENNORTH BILLERICA, MAFiscal year ends DecemberBook value per share $0.59Diluted shares 29.9M

Tecogen Inc. (NYSE: TGEN) produces natural-gas-fueled combined heat and power systems, chillers, refrigeration compressors and emissions-control technology for commercial and industrial customers, including hospitals, schools, hotels, food processors, data centers and residential buildings. Its products generate… From the company’s description.

Over the twelve months to Jun 30, 2026, Tecogen Inc. reported revenue of $24.58M, down 6.5% from a year earlier, and a net loss of $10.38M. Its operating margin was −42.8%, and operations used $11.60M in cash. In fiscal 2025, it reported revenue of $27.07M, up 19.7% from fiscal 2024, and a net loss of $8.25M.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$27.07MFY2025
+19.7% year over year
Last 12 mo $24.58M
-30.45%FY2025
−10.4 percentage points
Last 12 mo -42.81%
$-8.25MFY2025
−76.5% year over year
Last 12 mo $-10.38M
-38.11%FY2025
+8.4 percentage points
Last 12 mo -58.66%
Cash & financing
$-9.91MFY2025
−344.1% year over year
Last 12 mo $-11.60M
$-10.31MFY2025
−433.6% year over year
Last 12 mo $-11.84M
0.06FY2025
Was 0.19× a year earlier
Last 12 mo 0.07
27.2MFY2025
+9.5% year over year
Last 12 mo 29.9M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Tecogen Inc. does

In the company’s own words

Tecogen Inc. (NYSE: TGEN) produces natural-gas-fueled combined heat and power systems, chillers, refrigeration compressors and emissions-control technology for commercial and industrial customers, including hospitals, schools, hotels, food processors, data centers and residential buildings. Its products generate electricity or provide cooling while recovering engine heat for use at customer facilities. Tecogen operates three segments: Products designs, manufactures and sells cogeneration and chiller systems; Services provides maintenance, parts and installation, primarily under long-term service contracts; and Energy Production owns and operates on-site systems and sells electricity, heat, hot water and cooling under long-term agreements. Energy Production represented 4.9% of consolidated revenue in 2025. Product brands include InVerde, TecoPower, Tecochill, Tecofrost and Ultera. At year-end 2025, the Services segment maintained approximately 244 chillers and 764 cogeneration units, while Energy Production operated 14 systems. Tecogen has shipped more than 3,200 units. Its website is www.tecogen.com.

Company details
Sector
Industrials
Industry (SIC)
Industrial Machinery
Headquarters
NORTH BILLERICA, MA
Fiscal year end
December
CIK
1537435
SIC
3585

Financial performance, year by year

Fiscal 2012–2025 · USD
$-15.00M$-1.12M$12.75M$26.63M$40.51M20122013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Tecogen Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

18
funds hold it
0 of 35
superinvestors hold it
$10.80M
held by funds, at market
6.3%
of shares held by funds

Largest fund holders · Tecogen Inc.’s weight in each

Strategic Advisers U.S. Total Stock Fund
FSAKX · Fidelity Rutland Square Trust II
—of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
VANGUARD EXTENDED MARKET INDEX FUND
VXF · VANGUARD INDEX FUNDS
0.00%of fund net assets
Fidelity Extended Market Index Fund
FSMAX · Fidelity Concord Street Trust
—of fund net assets
iShares Micro-Cap ETF
IWC · iShares Trust
0.02%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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  • “How do Tecogen Inc. and its peers compare on margins and cash generation over ten years?”
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  • “What changed in Tecogen Inc.'s last four quarterly filings that the numbers alone won't show?”
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