Tecogen (TGEN) Operating Margin (2012 - 2026)

Tecogen (TGEN) reported Operating Margin of 33.71% for Q1 2026, down 2555.0% on a YoY basis from 1.37% in Q1 2025, and up 56.67% quarter-over-quarter from 77.81% in Q4 2025.

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

Tecogen has reported Operating Margin for 15 years, with the latest figure at 33.71% in Q1 2026.

  • For the quarter ending Q1 2026, Operating Margin fell 2555.0% year-over-year to 33.71%; the trailing twelve-month figure through Mar 2026 stood at 37.45% (down 2025.0% YoY), and the FY2025 full-year result was 30.45%, down 1041.0% from the prior year.
  • Operating Margin for Q1 2026 stood at 33.71%, up from 77.81% in the prior quarter.
  • The five-year high for Operating Margin was 1.09% in Q1 2022, with the low at 77.81% in Q4 2025.
  • Historically, Operating Margin has averaged 21.82% across 5 years, with a median of 18.71% in 2024.
  • Annual changes were most pronounced in 2022 — Operating Margin jumped 1491 bps — and 2025, when it slumped 5910 bps.
  • Tecogen's Operating Margin stood at 30.86% in 2022, then rose by 0 bps to 30.78% in 2023, then jumped by 39 bps to 18.71% in 2024, then sank by 316 bps to 77.81% in 2025, then jumped by 57 bps to 33.71% in 2026.
  • The last three Operating Margin figures came in at 33.71% (Q1 2026), 77.81% (Q4 2025), and 29.25% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Novonix 479.97 Bn 479.92 Bn - -
2 Vertiv Holdings 114.69 Bn 112.19 Bn 999.70 Mn 16.61%
3 Bloom Energy 79.53 Bn 77.06 Bn 225.54 Mn 9.61%
4 nVent Electric 27.08 Bn 26.89 Bn 445.60 Mn 15.76%
5 Hubbell 26.67 Bn 26.16 Bn 505.30 Mn 17.39%
6 Advanced Energy Industries 13.19 Bn 13.19 Bn 200.90 Mn 13.37%
7 Powell Industries 10.63 Bn 10.09 Bn 87.94 Mn 19.41%
8 Ballard Power Systems 10.07 Bn 9.54 Bn 5.64 Mn -33.48%
9 Acuity Inc. (De) 9.39 Bn 9.12 Bn 520.40 Mn 12.60%
10 Tecogen 172.29 Mn 162.78 Mn 2.59 Mn -33.71%

Historic Data

Download Data
DateValue
Mar 31, 2026 -33.71%
Dec 31, 2025 -77.81%
Sep 30, 2025 -29.25%
Jun 30, 2025 -19.35%
Mar 31, 2025 -8.17%
Dec 31, 2024 -18.71%
Sep 30, 2024 -15.51%
Jun 30, 2024 -31.18%
Mar 31, 2024 -16.97%
Dec 31, 2023 -30.78%
Sep 30, 2023 -5.18%
Jun 30, 2023 -11.56%
Mar 31, 2023 -26.95%
Dec 31, 2022 -30.86%
Sep 30, 2022 -3.24%
Jun 30, 2022 -12.74%
Mar 31, 2022 1.09%
Dec 31, 2021 1.94%
Sep 30, 2021 -18.15%
Jun 30, 2021 -5.04%