Tecogen (TGEN) Operating Expenses (2012 - 2026)
Tecogen (TGEN) posted Operating Expenses of $4.7 million for Q1 2026, down 22.47% on a QoQ basis from $6.1 million in Q4 2025, and up 23.86% year-over-year from $3.8 million in Q1 2025.
Tecogen (TGEN) Operating Expenses (2012 - 2026) Analysis & Trends
Tecogen's Operating Expenses history runs 15 years deep, the most recent figure standing at $4.7 million for Q1 2026.
- Quarterly Operating Expenses rose 23.86% year-over-year to $4.7 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $19.0 million (up 30.05% YoY) and the FY2025 annual result came in at $18.1 million, up 25.44% from the prior year.
- Operating Expenses was $4.7 million for Q1 2026 at Tecogen, down from $6.1 million in the prior quarter.
- Across five years, Operating Expenses topped out at $6.1 million in Q4 2025 and bottomed at $1.5 million in Q4 2022.
- A 5-year average of $3.7 million and a median of $3.6 million in 2024 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2022 — Operating Expenses surged 217.26% — and 2024, when it fell 7.04%.
- Tecogen's Operating Expenses stood at $1.5 million in 2022, then surged by 183.93% to $4.2 million in 2023, then slipped by 7.04% to $3.9 million in 2024, then jumped by 57.45% to $6.1 million in 2025, then fell by 22.47% to $4.7 million in 2026.
- Business Quant data shows TGEN's Operating Expenses at $4.7 million in Q1 2026, $6.1 million in Q4 2025, and $4.3 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Electrovaya | 424.38 Bn | 424.36 Bn | 6.04 Mn | 2.76 Mn |
| 2 | Vertiv Holdings | 116.45 Bn | 113.95 Bn | 999.70 Mn | 451.80 Mn |
| 3 | Bloom Energy | 61.23 Bn | 58.77 Bn | 225.54 Mn | 153.35 Mn |
| 4 | Hubbell | 25.93 Bn | 25.43 Bn | 505.30 Mn | 241.50 Mn |
| 5 | nVent Electric | 25.66 Bn | 25.47 Bn | 445.60 Mn | 249.90 Mn |
| 6 | Advanced Energy Industries | 11.88 Bn | 11.18 Bn | 200.90 Mn | 132.60 Mn |
| 7 | Acuity Inc. (De) | 9.90 Bn | 9.48 Bn | 606.40 Mn | 413.10 Mn |
| 8 | Powell Industries | 9.42 Bn | 8.87 Bn | 87.94 Mn | 30.13 Mn |
| 9 | EnerSys | 7.49 Bn | 7.05 Bn | 290.87 Mn | 589.73 Mn |
| 10 | Tecogen | 101.38 Mn | 91.87 Mn | 2.59 Mn | 4.73 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 4.73 Mn |
| Dec 31, 2025 | 6.10 Mn |
| Sep 30, 2025 | 4.28 Mn |
| Jun 30, 2025 | 3.87 Mn |
| Mar 31, 2025 | 3.82 Mn |
| Dec 31, 2024 | 3.87 Mn |
| Sep 30, 2024 | 3.35 Mn |
| Jun 30, 2024 | 3.55 Mn |
| Mar 31, 2024 | 3.63 Mn |
| Dec 31, 2023 | 4.16 Mn |
| Sep 30, 2023 | 3.29 Mn |
| Jun 30, 2023 | 3.61 Mn |
| Mar 31, 2023 | 3.54 Mn |
| Dec 31, 2022 | 1.47 Mn |
| Sep 30, 2022 | 3.31 Mn |
| Jun 30, 2022 | 3.72 Mn |
| Mar 31, 2022 | 3.15 Mn |
| Dec 31, 2021 | 462,320.00 |
| Sep 30, 2021 | 2.60 Mn |
| Jun 30, 2021 | 3.29 Mn |