---
schema_version: "secwatch.filing_event.v1"
accession: "0001537435-22-000129"
form_type: "8-K"
ticker: "TGEN"
cik: "0001537435"
company_name: "TECOGEN INC."
filed_at: "2022-11-10T23:59:59+00:00"
generated_at: "2026-06-21T22:57:20.004094+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Tecogen Q3 revenue up 31.9% to $6.6M; net loss $0.3M vs $1.5M profit

## Summary
- Revenue $6.6M in Q3 2022, up 31.9% YoY from $5.0M; YTD revenue $20.5M (+18.9%).
- Net loss $0.3M ($0.01/share loss) vs net income $1.5M ($0.06/share) in Q3 2021 due to absence of CARES Act benefits.
- Operating loss improved to $0.2M from $0.9M; gross margin 43.7% vs 46.7% due to higher material costs.
- Products revenue surged 71.4% to $3.2M driven by chiller/cogen sales; services revenue up 8.8% to $3.1M.
- Adjusted EBITDA negative $72K vs negative $197K; CEO cites rising electricity rates and 40% ITC as tailwinds.

## SEC filing metadata
- accession: 0001537435-22-000129
- form_type: 8-K
- ticker: TGEN
- cik: 0001537435
- company_name: TECOGEN INC.
- filed_at: 2022-11-10T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1537435/000153743522000129/0001537435-22-000129-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1537435/000153743522000129/tgen-20221110.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001537435-22-000129
- JSON: https://secwatch.observer/filing/0001537435-22-000129.json
- Plain text: https://secwatch.observer/filing/0001537435-22-000129.txt

## Key facts
- Earnings Releases
  TECOGEN INC. reported the quarter ended September 30, 2022 results: revenue $6.6 million, net income net loss of $0.3 million, EPS a loss of $0.01/share.
  - Period: the quarter ended September 30, 2022
  - Revenue: $6.6 million
  - Net income: net loss of $0.3 million
  - EPS: a loss of $0.01/share
  - Result: reported results
  source text: Tecogen Inc. (OTCQX:TGEN), a leading manufacturer of clean energy products, reported revenues of $6.6 million and a net loss of $0.3 million for the quarter ended September 30, 2022 compared to revenues of $5.0 million, and a net profit of $1.5 million in 2021.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1537435/000153743522000129/0001537435-22-000129-index.htm
- Earnings Releases
  TECOGEN INC. reported the nine months ended September 30, 2022 results: revenue $20.5 million, net income net loss of $1.0 million, EPS a net loss of $0.04/share.
  - Period: the nine months ended September 30, 2022
  - Revenue: $20.5 million
  - Net income: net loss of $1.0 million
  - EPS: a net loss of $0.04/share
  - Result: reported results
  source text: For the nine months ended September 30, 2022 revenues were $20.5 million and a net loss of $1.0 million compared to revenues of $17.2 million and net income of $3.6 million for the same period in 2021.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1537435/000153743522000129/0001537435-22-000129-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.