Tecogen (TGEN) Operating Expenses (2012 - 2026)
Tecogen's (TGEN) quarterly Operating Expenses came in at $4.7 million in Q1 2026, up 23.86% YoY from $3.8 million in Q1 2025, and down 22.47% on a QoQ basis from $6.1 million in Q4 2025.
Tecogen (TGEN) Operating Expenses (2012 - 2026) Analysis & Trends
Tecogen (TGEN) has 15 years of Operating Expenses data on file, last reported at $4.7 million in 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 eased to $4.7 million in Q1 2026, from $6.1 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $6.1 million in Q4 2025 to a low of $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 slipped 7.04%.
- Tracing TGEN's Operating Expenses over 5 years: stood at $1.5 million in 2022, then soared by 183.93% to $4.2 million in 2023, then retreated by 7.04% to $3.9 million in 2024, then surged by 57.45% to $6.1 million in 2025, then dropped by 22.47% to $4.7 million in 2026.
- The last three Operating Expenses figures came in at $4.7 million (Q1 2026), $6.1 million (Q4 2025), and $4.3 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertiv Holdings | 101.35 Bn | 98.24 Bn | 1.23 Bn | 490.50 Mn |
| 2 | Bloom Energy | 58.17 Bn | 55.50 Bn | 355.57 Mn | 173.34 Mn |
| 3 | nVent Electric | 24.99 Bn | 24.74 Bn | 558.00 Mn | 257.30 Mn |
| 4 | Hubbell | 24.90 Bn | 24.51 Bn | 613.00 Mn | 264.40 Mn |
| 5 | Advanced Energy Industries | 11.37 Bn | 9.96 Bn | 236.10 Mn | 141.00 Mn |
| 6 | Acuity Inc. (De) | 10.36 Bn | 9.95 Bn | 606.40 Mn | 413.10 Mn |
| 7 | Powell Industries | 7.22 Bn | 6.58 Bn | 95.30 Mn | 31.00 Mn |
| 8 | EnerSys | 6.93 Bn | 6.40 Bn | 313.36 Mn | 151.24 Mn |
| 9 | Hayward Holdings | 3.18 Bn | 2.70 Bn | 155.05 Mn | 72.69 Mn |
| 10 | Tecogen | 97.50 Mn | 90.72 Mn | 2.17 Mn | 4.32 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 4.32 Mn |
| 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 |