Tecogen (TGEN) Gross Margin (2012 - 2026)
Tecogen's (TGEN) quarterly Gross Margin came in at 40.87% in Q1 2026, down 338.0% YoY from 17.17% in Q1 2025, and up 11.05% on a QoQ basis from 36.81% in Q4 2025.
Tecogen (TGEN) Gross Margin (2012 - 2026) Analysis & Trends
Tecogen (TGEN) has 15 years of Gross Margin data on file, last reported at 40.87% in Q1 2026.
- Quarterly Gross Margin fell 338.0% year-over-year to 40.87% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 35.18% (down 917.0% YoY) and the FY2025 annual result came in at 36.29%, down 735.0% from the prior year.
- Gross Margin improved to 40.87% in Q1 2026, from 36.81% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 52.5% in Q4 2022 to a low of 30.4% in Q3 2025.
- A 5-year average of 41.33% and a median of 41.64% in 2024 frame the typical range for Gross Margin.
- Annual changes were most pronounced in 2024 — Gross Margin jumped 518 bps — and 2025, when it plunged 1367 bps.
- Tracing TGEN's Gross Margin over 5 years: stood at 52.5% in 2022, then slipped by 24 bps to 39.83% in 2023, then advanced by 13 bps to 45.01% in 2024, then decreased by 18 bps to 36.81% in 2025, then increased by 11 bps to 40.87% in 2026.
- The last three Gross Margin figures came in at 40.87% (Q1 2026), 36.81% (Q4 2025), and 30.4% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertiv Holdings | 101.35 Bn | 98.24 Bn | 1.23 Bn | 37.71% |
| 2 | Bloom Energy | 58.17 Bn | 55.50 Bn | 355.57 Mn | 33.38% |
| 3 | nVent Electric | 24.99 Bn | 24.74 Bn | 558.00 Mn | 37.93% |
| 4 | Hubbell | 24.90 Bn | 24.51 Bn | 613.00 Mn | 35.81% |
| 5 | Advanced Energy Industries | 11.37 Bn | 9.96 Bn | 236.10 Mn | 41.13% |
| 6 | Acuity Inc. (De) | 10.36 Bn | 9.95 Bn | 606.40 Mn | 50.62% |
| 7 | Powell Industries | 7.22 Bn | 6.58 Bn | 95.30 Mn | 30.57% |
| 8 | EnerSys | 6.93 Bn | 6.40 Bn | 313.36 Mn | 33.49% |
| 9 | Hayward Holdings | 3.18 Bn | 2.70 Bn | 155.05 Mn | 48.70% |
| 10 | Tecogen | 97.50 Mn | 90.72 Mn | 2.17 Mn | 37.83% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 37.83% |
| Mar 31, 2026 | 40.87% |
| Dec 31, 2025 | 36.81% |
| Sep 30, 2025 | 30.40% |
| Jun 30, 2025 | 33.76% |
| Mar 31, 2025 | 44.26% |
| Dec 31, 2024 | 45.01% |
| Sep 30, 2024 | 44.06% |
| Jun 30, 2024 | 43.98% |
| Mar 31, 2024 | 41.64% |
| Dec 31, 2023 | 39.83% |
| Sep 30, 2023 | 41.14% |
| Jun 30, 2023 | 42.00% |
| Mar 31, 2023 | 38.88% |
| Dec 31, 2022 | 52.50% |
| Sep 30, 2022 | 43.72% |
| Jun 30, 2022 | 42.15% |
| Mar 31, 2022 | 41.55% |
| Dec 31, 2021 | 48.08% |
| Sep 30, 2021 | 46.69% |