← Back to All US Stocks

Tecogen Inc.. (TGEN) Fundamental Analysis & AI Grade 2026

TGEN NYSE Air-Cond & Warm Air Heatg Equip & Comm & Indl Refrig Equip DE CIK: 0001537435
Updated This Month • Analysis: May 14, 2026 • SEC Data: 2026-03-31
Combined AI Grade
C
82% Confidence
N/A
C
82% Conf
Pending
Analysis scheduled

📊 TGEN Key Takeaways

Revenue: $6.3M
Net Margin: -33.5%
Free Cash Flow: $-3.2M
Current Ratio: 3.02x
Debt/Equity: 0.00x
EPS: $-0.07
AI Grade: C with 82% confidence
Tecogen Inc.. (TGEN) receives a C fundamental grade with 82% confidence from our AI analysis based on SEC 10-K filings. With revenue of $6.3M, net profit margin of -33.5%, and return on equity (ROE) of -10.8%, Tecogen Inc.. demonstrates mixed fundamentals in the Market sector. Below is our complete TGEN stock analysis for 2026.

Is Tecogen Inc.. (TGEN) a Good Investment?

Claude

Tecogen shows strong revenue growth (+19.7% YoY) and maintains a solid balance sheet with no debt and strong liquidity, but is deeply unprofitable with a -33.7% operating margin and negative operating cash flow of -$3.1M. The company is burning cash despite positive gross margins, indicating unsustainable unit economics and execution challenges that must be resolved before the cash runway depletes.

Tecogen Inc.. Key Strengths (TGEN)

Claude
  • + Revenue growth of 19.7% YoY demonstrates market demand
  • + Gross margin of 40.9% indicates viable product economics at the unit level
  • + Strong liquidity position (Current Ratio 3.02x, Quick Ratio 1.72x) and zero long-term debt provide financial flexibility for turnaround

TGEN Stock Risks: Tecogen Inc.. Investment Risks

Claude
  • ! Operating losses of -$2.1M on -33.7% margin despite positive gross profit indicate uncontrolled SG&A expenses relative to scale
  • ! Negative operating cash flow of -$3.1M shows core business is burning cash; at this rate, ~3-year runway on $9.3M cash reserves
  • ! Unprofitable growth pattern is unsustainable; company is scaling into larger losses rather than profitability
  • ! Negative ROE and ROA indicate value destruction for shareholders

Key Metrics to Watch

Claude
  • * Operating margin trajectory - must show path to breakeven
  • * Operating cash flow - critical to assess sustainability of current burn rate
  • * SG&A expense ratio to revenue - need to demonstrate operating leverage

Tecogen Inc.. (TGEN) Financial Metrics & Key Ratios

Revenue
$6.3M
Net Income
$-2.1M
EPS (Diluted)
$-0.07
Free Cash Flow
$-3.2M
Total Assets
$34.5M
Cash Position
$9.3M

💡 AI Analyst Insight

Strong liquidity with a 3.02x current ratio provides a solid financial cushion.

TGEN Profit Margin, ROE & Profitability Analysis

Gross Margin 40.9%
Operating Margin -33.7%
Net Margin -33.5%
ROE -10.8%
ROA -6.2%
FCF Margin -49.8%

TGEN vs Market Sector: How Tecogen Inc.. Compares

How Tecogen Inc.. compares to Market sector averages

Net Margin
TGEN -33.5%
vs
Sector Avg 12.0%
TGEN Sector
ROE
TGEN -10.8%
vs
Sector Avg 15.0%
TGEN Sector
Current Ratio
TGEN 3.0x
vs
Sector Avg 1.8x
TGEN Sector
Debt/Equity
TGEN 0.0x
vs
Sector Avg 0.7x
TGEN Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Tecogen Inc.. Stock Overvalued? TGEN Valuation Analysis 2026

Based on fundamental analysis, Tecogen Inc.. has mixed fundamental signals relative to the Market sector in 2026.

Return on Equity
-10.8%
Sector avg: 15%
Net Profit Margin
-33.5%
Sector avg: 12%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.00x
Sector avg: 0.7x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Tecogen Inc.. Balance Sheet: TGEN Debt, Cash & Liquidity

Current Ratio
3.02x
Quick Ratio
1.72x
Debt/Equity
0.00x
Debt/Assets
43.3%
Interest Coverage
-58.46x
Long-term Debt
N/A

TGEN Revenue & Earnings Growth: 5-Year Financial Trend

TGEN 5-year financial data: Year 2021: Revenue $28.3M, Net Income -$6.2M, EPS $-0.25. Year 2022: Revenue $25.0M, Net Income $3.7M, EPS $0.15. Year 2023: Revenue $25.1M, Net Income -$2.4M, EPS $-0.10. Year 2024: Revenue $25.1M, Net Income -$4.6M, EPS $-0.19. Year 2025: Revenue $27.1M, Net Income -$4.8M, EPS $-0.19.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Tecogen Inc..'s revenue has remained relatively flat over the 5-year period, with a 4% decline. The most recent EPS of $-0.19 indicates the company is currently unprofitable.

TGEN Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
-49.8%
Free cash flow / Revenue

TGEN Quarterly Earnings & Performance

Quarterly financial performance data for Tecogen Inc.. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q1 2026 $6.3M -$659.9K $-0.03
Q3 2025 $5.6M -$930.4K $-0.04
Q2 2025 $4.7M -$1.5M $-0.06
Q1 2025 $6.2M -$659.9K $-0.03
Q3 2024 $5.6M -$481.6K $-0.02
Q2 2024 $4.7M -$780.1K $-0.03
Q1 2024 $5.4M -$1.1M $-0.04
Q3 2023 $6.6M -$256.7K $-0.01

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Tecogen Inc.. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
-$3.1M
Cash generated from operations
Capital Expenditures
$46.1K
Investment in assets
Dividends
None
No dividend program

TGEN SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Tecogen Inc.. (CIK: 0001537435)

📋 Recent SEC Filings

Date Form Document Action
Jun 5, 2026 8-K tgen-20260605.htm View →
May 13, 2026 10-Q tgen-20260331.htm View →
May 12, 2026 8-K tgen-20260512.htm View →
Apr 27, 2026 4 xslF345X06/wk-form4_1777296644.xml View →
Apr 21, 2026 DEF 14A tgen-20260417.htm View →

Frequently Asked Questions about TGEN

What is the AI rating for TGEN?

Tecogen Inc.. (TGEN) has an AI grade of C with 82% confidence, based on fundamental analysis of SEC EDGAR filings.

What are TGEN's key strengths?

Claude: Revenue growth of 19.7% YoY demonstrates market demand. Gross margin of 40.9% indicates viable product economics at the unit level.

What are the risks of investing in TGEN?

Claude: Operating losses of -$2.1M on -33.7% margin despite positive gross profit indicate uncontrolled SG&A expenses relative to scale. Negative operating cash flow of -$3.1M shows core business is burning cash; at this rate, ~3-year runway on $9.3M cash reserves.

What is TGEN's revenue and growth?

Tecogen Inc.. reported revenue of $6.3M.

Does TGEN pay dividends?

Tecogen Inc.. does not currently pay dividends.

Where can I find TGEN SEC filings?

Official SEC filings for Tecogen Inc.. (CIK: 0001537435) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is TGEN's EPS?

Tecogen Inc.. has a diluted EPS of $-0.07.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined grade reflects both perspectives for balanced insights.

What is TGEN's fundamental grade?

Based on our AI fundamental analysis in June 2026, Tecogen Inc.. has a C grade with 82% confidence. Review the strengths and risks sections above for full context. This is not investment advice.

Is TGEN stock overvalued or undervalued?

Valuation metrics for TGEN: ROE of -10.8% (sector avg: 15%), net margin of -33.5% (sector avg: 12%). Compare these metrics with sector averages to assess valuation.

What is TGEN's AI grade for 2026?

Our dual AI analysis gives Tecogen Inc.. a combined C grade for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is TGEN's free cash flow?

Tecogen Inc..'s operating cash flow is $-3.1M, with capital expenditures of $46.1K. FCF margin is -49.8%.

How does TGEN compare to other Market stocks?

Vs Default sector averages: Net margin -33.5% (avg: 12%), ROE -10.8% (avg: 15%), current ratio 3.02 (avg: 1.8).

Top Rated Stocks
AAPL 92% MSFT 92% FAST 92% ANET 88% RDDT 88% KNSL 88% MGRE 88% FIZZ 88% AVGO 87% DECK 87%
Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: May 14, 2026 | Data as of: 2026-03-31 | Powered by Claude AI