Tecogen Inc. Reports Q3 2026 Revenue Growth and Narrowed Net Loss
Tecogen Inc. (TGEN) reported third-quarter 2026 revenue of $7.87 million, a 9.6% increase compared to the same period in 2025. The growth was driven by strong performance across all business segments, particularly in Services revenue, which rose 13.2% due to higher operating hours and Aegis maintenance contracts. While the company still reported a net loss of $1.59 million, this represents an improvement over the $2.13 million loss recorded in Q3 2025. The company is currently executing a strategic shift toward large property owners and energy service companies, who now constitute over 70% of its $8 million backlog. Management also highlighted new modular dual-power-source packages designed for data center retrofits to drive future growth. Despite improved overall gross margins of 37.4%, product segment margins faced pressure from rising material costs for hybrid drive air coolers and factory realignment expenses.
Topics: gross margin expansion net loss reduction revenue growth segment performance