Tecogen Inc (TGEN)
XASE:TGEN
Earnings Data
Report Date
May 07, 2026TBA (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
-0.1Last Year’s EPS
-0.03Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
Balanced/Neutral: The call outlined meaningful strategic progress — notably the Vertiv partnership, an upcoming 1 MW demonstration, a large data center pipeline (including projects representing 100–200 chillers and a potential 25–50 MW design footprint), qualified manufacturing partners, and strong full-year product revenue growth (+105%). However, these positive operational and commercial developments are offset by near-term financial stress: Q4 revenue and margins declined, operating expenses and asset impairments increased, product revenue was highly lumpy (Q4 products -68%), and net losses and adjusted EBITDA losses widened materially. Management has a plan to reduce OpEx starting Q2 and to cut cash burn, but timing risk on pipeline conversions and continued margin pressure leave the near-term outlook mixed.Company Guidance
Vertiv Partnership and Demonstration Project
Vertiv has designed or is designing 25–50 MW of Tecogen chillers (equivalent to ~50–100 of the 150-ton dual power source chillers). A master partnership agreement is under negotiation and a 1 MW demonstration unit (two 150-ton chillers) is expected to ship and be tested in Vertiv's controlled environment test chamber toward the end of Q2, providing independent validation under AI data center conditions.
Robust Data Center Opportunity Pipeline
Multiple confirmed opportunities where end customers indicated they plan to use Tecogen chillers, including an expansion project, several tenant-ready projects, a demo opportunity for up to 40 chillers, and additional projects representing ~100–200 chillers collectively. Ongoing discussions with hyperscalers and other developers could unlock further demand.
Manufacturing Scale-Up & Outsourcing Qualified
Qualified vendors for sheet metal/refrigeration assembly and electrical/power electronics assembly, built inventory of DTX and dual power source chillers, and iterative design-for-manufacturability improvements. Management cites an achievable target capacity of ~100 units/year (data center chillers) equating to roughly $30–$40M+ of product revenue.
Full-Year Revenue and Product Growth
Fiscal 2025 revenue increased 19.7% year-over-year to $27.1M (from $22.6M). Products revenue grew 105% year-over-year to $9.1M, and the products gross margin improved slightly to 33.2% (from 32.2%).
Service Business Actions to Restore Margins
Investments in new engines and performance upgrades (especially in Greater New York and Toronto) are expected to increase service intervals by ~50% (with some test cases ~2x), which management expects will lower labor cost per operation hour and help restore service gross margins toward historical targets (~50%).
Cash Position and OpEx Reduction Plan
Cash on hand reported at $10.0M with a stated plan to substantially reduce cash burn by Q2 and to implement operating expense reductions beginning in Q2 and deepening across Q3–Q4 to align with 2024 spend levels.
TGEN Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
TGEN Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Mar 17, 2026 | $2.84 | $2.00 | -29.58% |
Nov 12, 2025 | $7.38 | $6.94 | -5.96% |
Aug 12, 2025 | $8.82 | $8.61 | -2.38% |
May 12, 2025 | $3.40 | $3.95 | +16.18% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Tecogen Inc (TGEN) report earnings?
Tecogen Inc (TGEN) is schdueled to report earning on May 07, 2026, TBA (Confirmed).
What is Tecogen Inc (TGEN) earnings time?
Tecogen Inc (TGEN) earnings time is at May 07, 2026, TBA (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is TGEN EPS forecast?
TGEN EPS forecast for the fiscal quarter 2026 (Q1) is -0.1.