Tecogen (TGEN) Gross Margin (2012 - 2026)

Tecogen (TGEN) posted Gross Margin of 40.87% for Q1 2026, up 11.05% on a QoQ basis from 36.81% in Q4 2025, and down 338.0% year-over-year from 17.17% in Q1 2025.

Tecogen (TGEN) Gross Margin (2012 - 2026) Analysis & Trends

Tecogen's Gross Margin history runs 15 years deep, the most recent figure standing at 40.87% for 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 was 40.87% for Q1 2026 at Tecogen, 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.
  • 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 tumbled 1367 bps.
  • Tecogen's Gross Margin stood at 52.5% in 2022, then declined by 24 bps to 39.83% in 2023, then grew by 13 bps to 45.01% in 2024, then dropped by 18 bps to 36.81% in 2025, then gained by 11 bps to 40.87% in 2026.
  • Business Quant data shows TGEN's Gross Margin at 40.87% in Q1 2026, 36.81% in Q4 2025, and 30.4% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Electrovaya 424.38 Bn 424.36 Bn 6.04 Mn 33.45%
2 Vertiv Holdings 116.45 Bn 113.95 Bn 999.70 Mn 37.73%
3 Bloom Energy 61.23 Bn 58.77 Bn 225.54 Mn 30.03%
4 Hubbell 25.93 Bn 25.43 Bn 505.30 Mn 33.32%
5 nVent Electric 25.66 Bn 25.47 Bn 445.60 Mn 35.88%
6 Advanced Energy Industries 11.88 Bn 11.18 Bn 200.90 Mn 39.32%
7 Acuity Inc. (De) 9.90 Bn 9.48 Bn 606.40 Mn 50.62%
8 Powell Industries 9.42 Bn 8.87 Bn 87.94 Mn 29.65%
9 EnerSys 7.49 Bn 7.05 Bn 290.87 Mn 29.44%
10 Tecogen 101.38 Mn 91.87 Mn 2.59 Mn 40.87%

Historic Data

Download Data
DateValue
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%