Tecogen Q2 revenue surges 54% to $7.29M; net loss narrows; data center LOI received

TECOGEN INC.

2025-Q2 EPS reported -$0.08 revenue$14,572,590

Revenue $7.29M (+54% YoY) driven by product sales surge (2,537%) from hybrid chiller deliveries.
Net loss $1.47M ($0.06 EPS) vs $1.54M loss in prior year; gross margin fell to 33.8% from 44.0%.
Received LOI for 100+MW data center pilot project using STx chillers; expects PO conversion later in 2025.
Raised $18.2M in July to scale manufacturing and marketing; cash $1.64M at June 30.
Services revenue down 3.9% to $3.97M; energy production down 64% due to contract expirations.

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