Tecogen — Third Quarter 2026 Earnings Summary

Tecogen Inc. reported third-quarter 2026 revenues of $7.87 million, representing a 9.6% increase from the same period in 2025, while the net loss narrowed to $1.59 million from $2.13 million. For the nine months ended September 30, 2026, total revenues declined 8.3% to $19.96 million, resulting in a net loss of $5.86 million compared to $4.25 million in the prior year period. The company's gross profit margin improved to 37.4% in the third quarter, driven by higher revenue and lower costs in the Services segment, and the backlog exceeded $8 million. At the end of the quarter, Tecogen held $5.33 million in cash and cash equivalents, with the CEO noting an expected increase to $5.7 million due to recent customer deposits.