earnings
confidence high
sentiment negative
materiality 0.75
Q1 revenue $6.34M, net loss $2.12M; Vertiv 1 MW chiller order imminent
TECOGEN INC.
- Revenue $6.34M vs $7.28M YoY; net loss $2.12M ($0.07 EPS) vs loss $0.66M.
- Gross margin 40.9% vs 44.3% YoY; Adjusted EBITDA negative $1.68M.
- Imminent purchase order from Vertiv for 1 MW chiller deployment at data center.
- Expects >$8 million in near-term orders beyond core data center focus.
- Cost reductions underway; full impact expected Q3 2026; cash burn to decrease.