Tecogen (TGEN) Gross Margin (2012 - 2026)
Tecogen posted quarterly Gross Margin of 40.87% for Q1 2026, down 338.0% year-on-year from 17.17% in Q1 2025, and up 11.05% on a QoQ basis from 36.81% in Q4 2025.
Tecogen (TGEN) has 15 years of Gross Margin data on file, last reported at 40.87% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin fell 338.0% year-over-year to 40.87%; the trailing twelve-month figure through Mar 2026 stood at 35.18% (down 917.0% YoY), and the FY2025 full-year result was 36.29%, down 735.0% from the prior year.
- Gross Margin for Q1 2026 stood at 40.87%, up from 36.81% in the prior quarter.
- Across five years, Gross Margin topped out at 52.5% in Q4 2022 and bottomed at 30.4% in Q3 2025.
- The 5-year median for Gross Margin is 41.64% (2024), against an average of 41.33%.
- The widest annual swing landed in 2024, when Gross Margin jumped 518 bps; it then slumped 1367 bps in 2025.
- A 5-year view of Gross Margin shows it stood at 52.5% in 2022, then dropped by 24 bps to 39.83% in 2023, then climbed by 13 bps to 45.01% in 2024, then slipped by 18 bps to 36.81% in 2025, then rose 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 | 125.39 Bn | 122.89 Bn | 999.70 Mn | 37.73% |
| 2 | Bloom Energy | 85.22 Bn | 82.75 Bn | 225.54 Mn | 30.03% |
| 3 | nVent Electric | 26.63 Bn | 26.44 Bn | 445.60 Mn | 35.88% |
| 4 | Hubbell | 25.22 Bn | 24.72 Bn | 505.30 Mn | 33.32% |
| 5 | Advanced Energy Industries | 12.25 Bn | 12.25 Bn | 200.90 Mn | 39.32% |
| 6 | Powell Industries | 10.16 Bn | 9.61 Bn | 87.94 Mn | 29.65% |
| 7 | Acuity Inc. (De) | 8.82 Bn | 8.55 Bn | 520.40 Mn | 49.29% |
| 8 | EnerSys | 8.70 Bn | 8.26 Bn | 290.87 Mn | 29.44% |
| 9 | Plug Power | 5.25 Bn | 4.87 Bn | -21.61 Mn | -13.21% |
| 10 | Tecogen | 171.39 Mn | 161.89 Mn | 2.59 Mn | 40.87% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jun 30, 2021 | 46.26% |
| Mar 31, 2021 | 48.72% |
| Dec 31, 2020 | 41.41% |
| Sep 30, 2020 | 38.71% |
| Jun 30, 2020 | 39.08% |
| Mar 31, 2020 | 35.07% |
| Dec 31, 2019 | 37.45% |
| Sep 30, 2019 | 32.65% |
| Jun 30, 2019 | 43.55% |
| Mar 31, 2019 | 36.19% |
| Dec 31, 2018 | 39.84% |
| Sep 30, 2018 | 36.32% |
| Jun 30, 2018 | 37.38% |
| Mar 31, 2018 | 104.47% |
| Dec 31, 2017 | 36.97% |
| Sep 30, 2017 | 38.32% |
| Jun 30, 2017 | 95.84% |
| Mar 31, 2017 | 42.57% |
| Dec 31, 2016 | 15.94% |
| Sep 30, 2016 | 41.94% |
| Jun 30, 2016 | 36.98% |
| Mar 31, 2016 | 61.20% |
| Dec 31, 2015 | 37.35% |
| Sep 30, 2015 | 89.69% |
| Jun 30, 2015 | 63.99% |
| Mar 31, 2015 | 70.46% |
| Dec 31, 2014 | 17.73% |
| Sep 30, 2014 | 99.54% |
| Jun 30, 2014 | 29.71% |
| Mar 31, 2014 | 73.34% |
| Dec 31, 2013 | 74.34% |
| Sep 30, 2013 | 140.18% |
| Jun 30, 2013 | 40.78% |
| Mar 31, 2013 | 54.17% |
| Dec 31, 2012 | 16.98% |
| Sep 30, 2012 | 38.80% |
| Jun 30, 2012 | 102.95% |
| Mar 31, 2012 | 43.49% |