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| 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% |