Tecogen (TGEN) Research & Development (2013 - 2026)
Tecogen's Research & Development was $320,224 in Q2 2026, up 19.2% from $268,724 a year earlier but down 12.0% from the prior quarter.
Tecogen (TGEN) Research & Development (2013 - 2026) Analysis & Trends
On a trailing twelve-month basis, Tecogen's Research & Development was $1.29 million through Jun 30, 2026, up 26.2% year-over-year; for FY2025, it came in at $1.17 million, up 21.3% from FY2024.
- Research & Development has now increased for four consecutive years, with a five-year compound annual growth rate of 8.7% (FY2020 to FY2025).
- In earlier years, Research & Development was $961,837 in FY2024 (+14.5%), $840,011 in FY2023 (+14.6%), $732,873 in FY2022 (+35.2%) and $542,079 in FY2021 (-29.4%).
- Quarterly Research & Development has moved between $122,031 (Q3 2021) and $363,823 (Q1 2026) over five years.
- Compared with a year earlier, Research & Development has increased for 11 straight quarters, with growth averaging 22.8% over the last eight quarters.
- The best year-over-year quarter for Research & Development over five years was Q3 2022 (growth of 65.6%); the worst was Q3 2023 (a decline of 20.8%).
- Per Business Quant data, TGEN's Research & Development in the three quarters before Q2 2026 was $363,823 (Q1 2026), $307,426 (Q4 2025) and $297,926 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 376.87 Bn | 348.57 Bn | 7.76 Bn | 616.00 Mn |
| 2 | Amphenol | 208.65 Bn | 203.35 Bn | 3.55 Bn | - |
| 3 | Deere | 185.97 Bn | 194.73 Bn | 4.66 Bn | 567.00 Mn |
| 4 | Eaton | 167.50 Bn | 164.73 Bn | 2.86 Bn | 227.00 Mn |
| 5 | Parker-Hannifin | 122.25 Bn | 120.39 Bn | 2.25 Bn | - |
| 6 | Vertiv Holdings | 93.95 Bn | 84.57 Bn | 1.23 Bn | - |
| 7 | Emerson Electric | 88.90 Bn | 81.65 Bn | 2.66 Bn | - |
| 8 | 3M | 87.39 Bn | 68.85 Bn | 2.68 Bn | 302.00 Mn |
| 9 | Illinois Tool Works | 78.00 Bn | 74.56 Bn | 1.90 Bn | - |
| 10 | Tecogen | 95.37 Mn | 51.40 Mn | 2.17 Mn | 320,224.00 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 320,224.00 |
| Mar 31, 2026 | 363,823.00 |
| Dec 31, 2025 | 307,426.00 |
| Sep 30, 2025 | 297,926.00 |
| Jun 30, 2025 | 268,724.00 |
| Mar 31, 2025 | 292,668.00 |
| Dec 31, 2024 | 226,843.00 |
| Sep 30, 2024 | 233,809.00 |
| Jun 30, 2024 | 246,489.00 |
| Mar 31, 2024 | 254,696.00 |
| Dec 31, 2023 | 214,320.00 |
| Sep 30, 2023 | 160,033.00 |
| Jun 30, 2023 | 236,556.00 |
| Mar 31, 2023 | 229,102.00 |
| Dec 31, 2022 | 195,747.00 |
| Sep 30, 2022 | 202,138.00 |
| Jun 30, 2022 | 194,853.00 |
| Mar 31, 2022 | 140,135.00 |
| Dec 31, 2021 | 161,015.00 |
| Sep 30, 2021 | 122,031.00 |
Tecogen Research & Development API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=research-and-development&ticker=TGEN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "TGEN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=TGEN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();