Tecogen (TGEN) Research & Development (2013 - 2026)
Tecogen (TGEN) reported Research & Development of $363823.0 for Q1 2026, up 24.31% on a YoY basis from $292668.0 in Q1 2025, and up 18.34% quarter-over-quarter from $307426.0 in Q4 2025.
Tecogen (TGEN) Research & Development (2013 - 2026) Analysis & Trends
Tecogen has reported Research & Development for 14 years, with the latest figure at $363823.0 in Q1 2026.
- For the quarter ending Q1 2026, Research & Development rose 24.31% year-over-year to $363823.0; the trailing twelve-month figure through Mar 2026 stood at $1.2 million (up 23.81% YoY), and the FY2025 full-year result was $1.2 million, up 21.3% from the prior year.
- Research & Development for Q1 2026 stood at $363823.0, up from $307426.0 in the prior quarter.
- The five-year high for Research & Development was $363823.0 in Q1 2026, with the low at $140135.0 in Q1 2022.
- Historically, Research & Development has averaged $239134.6 across 5 years, with a median of $233809.0 in 2024.
- Annual changes were most pronounced in 2022 — Research & Development soared 65.64% — and 2023, when it declined 20.83%.
- Tecogen's Research & Development stood at $195747.0 in 2022, then gained by 9.49% to $214320.0 in 2023, then grew by 5.84% to $226843.0 in 2024, then jumped by 35.52% to $307426.0 in 2025, then gained by 18.34% to $363823.0 in 2026.
- The last three Research & Development figures came in at $363823.0 (Q1 2026), $307426.0 (Q4 2025), and $297926.0 (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Novonix | 479.97 Bn | 479.92 Bn | - | - |
| 2 | Vertiv Holdings | 114.69 Bn | 112.19 Bn | 999.70 Mn | - |
| 3 | Bloom Energy | 79.53 Bn | 77.06 Bn | 225.54 Mn | 56.85 Mn |
| 4 | nVent Electric | 27.08 Bn | 26.89 Bn | 445.60 Mn | 22.70 Mn |
| 5 | Hubbell | 26.67 Bn | 26.16 Bn | 505.30 Mn | - |
| 6 | Advanced Energy Industries | 13.19 Bn | 13.19 Bn | 200.90 Mn | 62.40 Mn |
| 7 | Powell Industries | 10.63 Bn | 10.09 Bn | 87.94 Mn | 4.29 Mn |
| 8 | Ballard Power Systems | 10.07 Bn | 9.54 Bn | 5.64 Mn | 10.94 Mn |
| 9 | Acuity Inc. (De) | 9.39 Bn | 9.12 Bn | 520.40 Mn | - |
| 10 | Tecogen | 172.29 Mn | 162.78 Mn | 2.59 Mn | 363,823.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 132,883.00 |