earnings
confidence high
sentiment negative
materiality 0.65
Tecogen Q2 revenue down 21% to $5.75M, loss widens to $2.15M; CEO touts data-center pipeline
TECOGEN INC.
- Q2 revenue fell 21.2% to $5.75M; net loss widened to $2.15M ($0.07/share) from $1.46M in 2025
- Products revenue dropped 64% to $1.13M; services grew 10.3% to $4.38M on Aegis contracts; energy production up 35.4% to $0.24M
- Cash at $6.78M at quarter end; CEO cites 12 data-center demos representing >8GW and 15-20% of US capacity
- Non-data-center backlog ~$8M with $2M+ orders expected; Q3 product revenue expected to exceed Q1 and Q2
- H1 revenue $12.08M (-17.1%); H1 net loss $4.27M vs $2.12M; adjusted EBITDA -$3.36M vs -$1.54M