Tecogen (TGEN) Operating Expenses (2012 - 2026)
Tecogen posted quarterly Operating Expenses of $4.7 million for Q1 2026, up 23.86% year-on-year from $3.8 million in Q1 2025, and down 22.47% on a QoQ basis from $6.1 million in Q4 2025.
Tecogen (TGEN) has 15 years of Operating Expenses data on file, last reported at $4.7 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses rose 23.86% year-over-year to $4.7 million; the trailing twelve-month figure through Mar 2026 stood at $19.0 million (up 30.05% YoY), and the FY2025 full-year result was $18.1 million, up 25.44% from the prior year.
- Operating Expenses for Q1 2026 stood at $4.7 million, 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 $2.5 million in Q3 2022.
- The 5-year median for Operating Expenses is $3.6 million (2023), against an average of $3.7 million.
- The widest annual swing landed in 2022, when Operating Expenses fell 24.56%; it then surged 57.45% in 2025.
- A 5-year view of Operating Expenses shows it stood at $3.5 million in 2022, then advanced by 20.27% to $4.2 million in 2023, then decreased by 7.04% to $3.9 million in 2024, then soared by 57.45% to $6.1 million in 2025, then declined 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 | 125.39 Bn | 122.89 Bn | 999.70 Mn | 451.80 Mn |
| 2 | Bloom Energy | 85.22 Bn | 82.75 Bn | 225.54 Mn | 153.35 Mn |
| 3 | nVent Electric | 26.63 Bn | 26.44 Bn | 445.60 Mn | 249.90 Mn |
| 4 | Hubbell | 25.22 Bn | 24.72 Bn | 505.30 Mn | 241.50 Mn |
| 5 | Advanced Energy Industries | 12.25 Bn | 12.25 Bn | 200.90 Mn | 132.60 Mn |
| 6 | Powell Industries | 10.16 Bn | 9.61 Bn | 87.94 Mn | 30.13 Mn |
| 7 | Acuity Inc. (De) | 8.82 Bn | 8.55 Bn | 520.40 Mn | 387.40 Mn |
| 8 | EnerSys | 8.70 Bn | 8.26 Bn | 290.87 Mn | 19.72 Mn |
| 9 | Plug Power | 5.25 Bn | 4.87 Bn | -21.61 Mn | 87.88 Mn |
| 10 | Tecogen | 171.39 Mn | 161.89 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 | 3.46 Mn |
| Sep 30, 2022 | 2.55 Mn |
| Jun 30, 2022 | 3.02 Mn |
| Mar 31, 2022 | 2.61 Mn |
| Dec 31, 2021 | 2.59 Mn |
| Sep 30, 2021 | 3.37 Mn |
| Jun 30, 2021 | 3.29 Mn |
| Mar 31, 2021 | 3.22 Mn |
| Dec 31, 2020 | 127,421.00 |
| Sep 30, 2020 | 3.11 Mn |
| Jun 30, 2020 | 2.80 Mn |
| Mar 31, 2020 | 4.27 Mn |
| Dec 31, 2019 | 4.08 Mn |
| Sep 30, 2019 | 2.70 Mn |
| Jun 30, 2019 | 3.06 Mn |
| Mar 31, 2019 | 6.65 Mn |
| Dec 31, 2018 | 87,164.00 |
| Sep 30, 2018 | 2.86 Mn |
| Jun 30, 2018 | 4.21 Mn |
| Mar 31, 2018 | 4.07 Mn |
| Dec 31, 2017 | 5.98 Mn |
| Sep 30, 2017 | 2.67 Mn |
| Jun 30, 2017 | 3.45 Mn |
| Mar 31, 2017 | 3.02 Mn |
| Dec 31, 2016 | 2.24 Mn |
| Sep 30, 2016 | 2.16 Mn |
| Jun 30, 2016 | 2.64 Mn |
| Mar 31, 2016 | 2.11 Mn |
| Dec 31, 2015 | 85,548.00 |
| Sep 30, 2015 | 2.07 Mn |
| Jun 30, 2015 | 2.67 Mn |
| Mar 31, 2015 | 2.67 Mn |
| Dec 31, 2014 | 2.03 Mn |
| Sep 30, 2014 | 2.87 Mn |
| Jun 30, 2014 | 2.82 Mn |
| Mar 31, 2014 | 2.78 Mn |
| Dec 31, 2013 | -335,218.00 |
| Sep 30, 2013 | 2.77 Mn |
| Jun 30, 2013 | 1.68 Mn |
| Mar 31, 2013 | 1.79 Mn |
| Dec 31, 2012 | 1.79 Mn |
| Sep 30, 2012 | 1.49 Mn |
| Jun 30, 2012 | 1.87 Mn |
| Mar 31, 2012 | 1.68 Mn |