Tecogen Inc. (TGEN) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 6.34M | 5.32M | 7.18M | 7.29M | 7.28M | 6.08M | 5.63M | 4.73M | 6.19M | 5.9M | 7.11M | 6.75M | 5.38M | 4.53M | 6.62M | 6.41M | 7.44M | 7.18M | 5.02M | 6.15M |
| Revenue Growth % | -12.94% | -12.47% | 27.58% | 54.3% | 17.65% | 3% | -20.84% | -29.95% | 14.99% | 30.16% | 7.47% | 5.21% | -27.67% | -36.89% | 31.94% | 4.39% | 22.8% | 26.92% | -30.33% | -17.35% |
| Cost of Goods Sold | 3.75M | 3.36M | 5M | 4.83M | 4.06M | 3.34M | 3.15M | 2.65M | 3.61M | 3.55M | 4.19M | 3.91M | 3.29M | 2.15M | 3.72M | 3.71M | 4.35M | 3.73M | 2.67M | 3.3M |
| COGS % of Revenue | 59.13% | 63.19% | 69.6% | 66.24% | 55.74% | 54.99% | 55.94% | 56.02% | 58.36% | 60.17% | 58.86% | 58% | 61.12% | 47.5% | 56.28% | 57.85% | 58.45% | 51.92% | 53.31% | 53.74% |
| Gross Profit | 2.59M | 1.96M | 2.18M | 2.46M | 3.22M | 2.73M | 2.48M | 2.08M | 2.58M | 2.35M | 2.93M | 2.83M | 2.09M | 2.38M | 2.89M | 2.7M | 3.09M | 3.45M | 2.34M | 2.84M |
| Gross Margin % | 40.87% | 36.81% | 30.4% | 33.76% | 44.26% | 45.01% | 44.06% | 43.98% | 41.64% | 39.83% | 41.14% | 42% | 38.88% | 52.5% | 43.72% | 42.15% | 41.55% | 48.08% | 46.69% | 46.26% |
| Gross Profit Growth % | -19.6% | -28.42% | -11.99% | 18.44% | 25.06% | 16.4% | -15.21% | -26.65% | 23.12% | -1.26% | 1.13% | 4.84% | -32.32% | -31.07% | 23.54% | -4.9% | 4.73% | 47.35% | -15.96% | -2.18% |
| Operating Expenses | 4.72M | 4.98M | 4.28M | 3.87M | 3.82M | 3.87M | 3.35M | 3.55M | 3.63M | 4.16M | 3.29M | 3.61M | 3.54M | 3.78M | 3.11M | 3.52M | 3.01M | 3.31M | 3.25M | 3.15M |
| OpEx % of Revenue | 74.55% | 93.71% | 59.62% | 53.11% | 52.42% | 63.72% | 59.57% | 75.15% | 58.61% | 70.61% | 46.32% | 53.56% | 65.83% | 83.36% | 46.96% | 54.89% | 40.46% | 46.13% | 64.84% | 51.3% |
| Selling, General & Admin | 4.36M | 4.68M | 3.98M | 3.61M | 3.52M | 3.43M | 3.12M | 3.3M | 3.38M | 3.97M | 3.13M | 3.4M | 3.31M | 3.51M | 2.91M | 3.33M | 2.97M | 3.15M | 3.13M | 3.02M |
| SG&A % of Revenue | 68.81% | 87.93% | 55.47% | 49.43% | 48.4% | 56.48% | 55.49% | 69.87% | 54.61% | 67.25% | 44.07% | 50.35% | 61.57% | 77.37% | 43.98% | 51.89% | 40% | 43.93% | 62.4% | 49.13% |
| Research & Development | 363.82K | 307.43K | 297.93K | 268.72K | 292.67K | 226.84K | 233.81K | 246.49K | 254.7K | 214.32K | 160.03K | 236.56K | 229.1K | 195.75K | 202.14K | 194.85K | 140.13K | 161.01K | 122.03K | 132.88K |
| R&D % of Revenue | 5.74% | 5.78% | 4.15% | 3.68% | 4.02% | 3.73% | 4.15% | 5.21% | 4.12% | 3.63% | 2.25% | 3.51% | 4.26% | 4.32% | 3.05% | 3.04% | 1.88% | 2.24% | 2.43% | 2.16% |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 0 | 213.18K | -4.04K | 3.36K | -7.39K | -16.26K | 0 | -19.95K | 0 | 76.05K | -5.49K | -2.5K | -105.32K | -3.09K | 0 | 0 |
| Operating Income | -2.13M | -3.03M | -2.1M | -1.41M | -594.24K | -1.14M | -873.22K | -1.47M | -1.05M | -1.82M | -368.29K | -780.25K | -1.45M | -1.4M | -214.3K | -817.34K | 80.98K | 139.64K | -910.17K | -309.57K |
| Operating Margin % | -33.67% | -56.9% | -29.22% | -19.36% | -8.17% | -18.71% | -15.51% | -31.18% | -16.97% | -30.78% | -5.18% | -11.56% | -26.95% | -30.86% | -3.24% | -12.74% | 1.09% | 1.94% | -18.15% | -5.04% |
| Operating Income Growth % | -259.04% | -166.15% | -140.37% | 4.19% | 43.4% | 37.37% | -137.1% | -88.91% | 27.58% | -29.81% | -71.86% | 4.54% | -1890.27% | -1101.47% | 76.46% | -164.03% | 158.26% | 103.38% | -339.37% | 38.07% |
| EBITDA | -1.87M | -2.77M | -1.87M | -1.21M | -408.55K | -1M | -734.98K | -1.33M | -909.75K | -1.71M | -196.61K | -595.07K | -1.34M | -1.3M | -107.05K | -706.68K | 188.04K | 251.86K | -794K | -192.16K |
| EBITDA Margin % | -29.49% | -52.13% | -26.02% | -16.55% | -5.61% | -16.51% | -13.05% | -28.19% | -14.71% | -28.95% | -2.76% | -8.82% | -24.98% | -28.58% | -1.62% | -11.02% | 2.53% | 3.51% | -15.83% | -3.13% |
| EBITDA Growth % | -357.31% | -176.41% | -154.27% | 9.43% | 55.09% | 41.26% | -273.82% | -123.94% | 32.3% | -31.83% | -83.67% | 15.79% | -814.65% | -614.21% | 86.52% | -267.75% | 1359.31% | 106.27% | -643.1% | 51.52% |
| D&A (Non-Cash Add-back) | 265.24K | 253.79K | 230.15K | 205.17K | 185.69K | 134.04K | 138.25K | 141.36K | 140.14K | 107.93K | 171.68K | 185.18K | 105.92K | 103.38K | 107.25K | 110.66K | 107.06K | 112.22K | 116.17K | 117.4K |
| EBIT | -2.13M | -3.03M | -1.93M | -1.42M | -627.24K | -1.14M | -872.93K | -1.49M | -1.05M | -1.8M | -440.87K | -763.81K | -1.45M | -1.42M | -214.3K | -817.34K | 104.33K | 83.4K | 1.5M | 421.32K |
| Net Interest Income | -34.24K | -38.7K | -182.07K | -38.15K | -32.33K | -42.27K | -23K | -17.87K | -18.67K | -31.86K | -6.36K | -1.86K | -415 | -12.57K | -9.42K | -14K | -828 | -17.27K | -3.85K | -5.09K |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 34.24K | 38.7K | 182.07K | 38.15K | 32.33K | 42.27K | 23K | 17.87K | 18.67K | 31.86K | 6.36K | 1.86K | 415 | 12.57K | 9.42K | 14K | 828 | 17.27K | 3.85K | 5.09K |
| Other Income/Expense | 25.81K | -970.49K | -17.15K | -44.25K | -65.32K | -42.27K | -22.71K | -36.47K | -15.67K | -13.11K | -78.93K | 14.58K | 415 | -31.32K | -9.42K | -14K | 22.52K | -73.52K | 2.4M | 725.8K |
| Pretax Income | -2.11M | -4M | -2.12M | -1.46M | -659.56K | -1.18M | -895.93K | -1.51M | -1.07M | -1.83M | -447.23K | -765.67K | -1.45M | -1.43M | -223.72K | -831.34K | 103.5K | 66.12K | 1.49M | 416.24K |
| Pretax Margin % | -33.27% | -75.15% | -29.46% | -19.96% | -9.06% | -19.41% | -15.91% | -31.95% | -17.22% | -31% | -6.29% | -11.35% | -26.94% | -31.55% | -3.38% | -12.96% | 1.39% | 0.92% | 29.74% | 6.77% |
| Income Tax | 10.9K | 0 | 2.93K | 16.76K | 925 | 465 | 0 | 37 | 22.06K | 239 | 0 | 9.61K | 22.64K | 0 | 5.92K | 6.5K | 3.93K | 500 | 3K | 7.93K |
| Effective Tax Rate % | -0.52% | 0% | -0.14% | -1.15% | -0.14% | -0.04% | 0% | -0% | -2.07% | -0.01% | 0% | -1.26% | -1.56% | 0% | -2.65% | -0.78% | 3.8% | 0.76% | 0.2% | 1.91% |
| Net Income | -2.12M | -3.99M | -2.13M | -1.46M | -659.92K | -1.19M | -930.41K | -1.54M | -1.1M | -1.85M | -481.57K | -780.11K | -1.49M | -1.42M | -256.71K | -856.22K | 89.41K | 62.97K | 1.47M | 399.63K |
| Net Margin % | -33.47% | -75.1% | -29.67% | -20.07% | -9.07% | -19.52% | -16.53% | -32.55% | -17.86% | -31.3% | -6.77% | -11.56% | -27.7% | -31.43% | -3.88% | -13.35% | 1.2% | 0.88% | 29.24% | 6.5% |
| Net Income Growth % | -221.34% | -236.72% | -129.03% | 4.85% | 40.28% | 35.76% | -93.2% | -97.25% | 25.84% | -29.63% | -87.59% | 8.89% | -1766.53% | -2362.22% | -117.5% | -314.25% | -94.94% | 101.55% | 732.42% | 161.12% |
| Net Income (Continuing) | -2.12M | -4M | -2.12M | -1.47M | -660.49K | -1.18M | -895.93K | -1.51M | -1.09M | -1.83M | -447.23K | -775.28K | -1.47M | -1.43M | -229.64K | -837.84K | 99.57K | 65.62K | 1.49M | 408.3K |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | -171.12K | -173.03K | -145.5K | -157.38K | -138.26K | -104.81K | -111.13K | -97.28K | -76.95K | -94.3K | -112.02K | -107.51K | -88.5K | -106.56K | -81.15K | -84.21K | -85.42K | -79.94K | -66.13K | -55.67K |
| EPS (Diluted) | -0.07 | -0.13 | -0.07 | -0.06 | -0.03 | -0.05 | -0.04 | -0.06 | -0.04 | -0.07 | -0.02 | -0.03 | -0.06 | -0.06 | -0.01 | -0.03 | 0.00 | 0.00 | 0.06 | 0.02 |
| EPS Growth % | -165.15% | -173.11% | -97.86% | 6.3% | 40.67% | 35.94% | -92.78% | -97.13% | 25.83% | -28.1% | - | 6.82% | - | - | -115.33% | -268.5% | -94.86% | 101.56% | - | 176.05% |
| EPS (Basic) | -0.07 | -0.13 | -0.07 | -0.06 | -0.03 | -0.05 | -0.04 | -0.06 | -0.04 | -0.07 | -0.02 | -0.03 | -0.06 | -0.06 | -0.01 | -0.03 | 0.00 | 0.00 | 0.06 | 0.02 |
| Diluted Shares Outstanding | 29.86M | 29.84M | 26.35M | 25.25M | 24.95M | 24.89M | 24.85M | 24.85M | 24.85M | 24.85M | 24.85M | 24.85M | 24.85M | 24.85M | 24.85M | 24.85M | 25.03M | 25.06M | 25.15M | 25.13M |
| Basic Shares Outstanding | 29.86M | 29.84M | 26.35M | 25.25M | 24.95M | 24.89M | 24.85M | 24.85M | 24.85M | 24.85M | 24.85M | 24.85M | 24.83M | 24.85M | 24.85M | 24.85M | 24.85M | 24.85M | 24.85M | 24.85M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |