Tecogen Q3 revenue rises 27.6% driven by increased product sales-February 2024-www.financetom.com

Tecogen Q3 revenue rises 27.6% driven by increased product sales

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Tecogen Q3 revenue rises 27.6% driven by increased product sales

Nov 12, 2025 2:27 PM

Overview

* Tecogen ( TGEN ) Q3 revenue rises 27.6% yr/yr, driven by increased product sales

* Net loss for Q3 increases to $2.13 mln, impacted by higher operating expenses

* Company invests $700k in new engines to improve service margins long-term

Outlook

* Tecogen ( TGEN ) sees potential for increased chiller sales from data center developers

* Company is investing in R&D to enhance natural gas cooling technology

* Tecogen ( TGEN ) aims to improve service margins through product improvements

Result Drivers

* PRODUCT SALES - Increased sales of chillers and cogeneration products drove revenue growth, with product revenue up 114.5% yr/yr

* DATA CENTER INTEREST - Co reports growing interest from larger data center developers, potentially expanding chiller sales

* R&D INVESTMENT - Increased R&D spend aimed at improving natural gas cooling technology and service intervals

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 $7.18

Revenue mln

Q3 Net -$2.13

Income mln

Q3 Gross 30.40%

Margin

Q3 -$2.10

Income mln

from

Operatio

Q3 $4.28

Operatin mln

Expenses

Press Release:

For questions concerning the data in this report, contact [email protected]. For any other questions or feedback, contact .

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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