TECOGEN INC.(TGEN)Stock Analysis
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Rank #2,589 of 2,879 stocks
Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Aug 14, 2026.
Revenue Growth
Profitability
Balance Sheet
Earnings Quality
Free Cash Flow
Institutional Flow
Revenue Scale
Dilution Risk
TGEN Stock Analysis & AI Quality Score
AI stock analysis and institutional research for TECOGEN INC. (TGEN), a Industrials sector company. 13F Pro's AI-powered ranking engine scores TGEN at 24.3/100 on a 32-signal composite quality model, placing it at rank #2,589 of 2,879 stocks — the bottom half of the AI-ranked universe. Areas of concern include revenue scale (6.7) and free cash flow (10.6), which score below median versus the broader universe. Based on the latest XBRL financial filings (Q1 2026), TECOGEN INC. reports quarterly revenue of $6.3M, net income of $-2.1M, free cash flow of $-3.2M. Top institutional holders of TGEN by reported 13-F value include VANGUARD CAPITAL MANAGEMENT, BARD ASSOCIATES, Clear Harbor Asset Management,, based on the most recent SEC filings. TGEN trades on the NYSE exchange and files with the SEC under CIK 1537435. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate TGEN daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for TECOGEN INC. directly from SEC EDGAR. TECOGEN INC.'s 13F Pro composite quality score has ranged between 17 and 38 since 2021, currently 24.3 — a stable long-term trajectory across 20 quarterly and live scoring snapshots.
Revenue
Q1 2026
$6.3M
Net Income
Q1 2026
$-2.1M
Free Cash Flow
Q1 2026
$-3.2M
Revenue & Net Income
Earnings Per Share
Key Financials Over Time
Export Financial Table · Pro+Revenue
+7.7% YoYNet Income
-79.4% YoYOperating Income
-86.8% YoYEPS (Diluted)
-57.9% YoYTotal Assets
+33.1% YoYOp. Cash Flow
-1112.0% YoY| Metric | FY 2025 | FY 2023 | FY 2022 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|
| Revenue | $27.1M +7.7% | $25.1M +0.5% | $25.0M -11.5% | $28.3M -15.5% | $33.4M -6.8% | $35.9M |
| Net Income | $-8.2M -79.4% | $-4.6M -87.8% | $-2.4M +60.2% | $-6.2M -30.6% | $-4.7M +17.5% | $-5.7M |
| Operating Income | $-8.2M -86.8% | $-4.4M -87.9% | $-2.3M +60.6% | $-6.0M -27.9% | $-4.7M +15.9% | $-5.5M |
| EPS (Diluted) | $-0.30 -57.9% | $-0.19 -90.0% | $-0.10 +60.0% | $-0.25 | — | $-0.23 |
| Total Assets | $37.0M +33.1% | $27.8M -1.6% | $28.3M -6.1% | $30.1M -26.9% | $41.1M -17.6% | $49.9M |
| Operating Cash Flow | $-9.9M -1112.0% | $-817.8K +39.5% | $-1.4M -196.1% | $1.4M +131.4% | $-4.5M -16.3% | $-3.9M |
AI Insight: TGEN Financial Trends
TECOGEN swung from modest revenue growth to contraction while losses accelerated; Q4 2025 marked a sharp deterioration.
• Revenue peaked at $7M in Q1–Q3 2025, then collapsed to $5M in Q4 2025 and recovered only to $6M in Q1 2026.
• Net loss widened from $1M–$2M per quarter (Q2 2024–Q2 2025) to $4M in Q4 2025; Q1 2026 loss of $2M remains elevated.
• Operating cash flow deteriorated from $4M positive in Q4 2024 to negative $3M–$4M in Q2 2025 onward.
⚠ Equity surged from $10M to $25M in Q3 2025 (unusual one-quarter jump), then fell to $20M; source and sustainability unclear.
⚠ Operating margin slipped to –67% (–$4M op income on $5M revenue) in Q4 2025; Q1 2026 margin of –33% signals ongoing operational stress.
AI Insight: TGEN Ratio Trends
Tecogen remains deeply unprofitable across all metrics; Q4 2025 marked a severe deterioration before partial recovery in Q1 2026.
• Operating margin collapsed to -77.8% in Q4 2025, worst quarter on record, then recovered to -33.7% in Q1 2026.
• ROIC improved from -76.5% in Q4 2025 to -43.3% in Q1 2026, but remains deeply negative across entire dataset.
• ROE degraded from -27.4% in Q1 2025 to -73.8% in Q4 2025, reflecting severe equity destruction.
⚠ Q4 2025 operational crisis: all profitability metrics hit multi-quarter lows; driver and sustainability unknown.
⚠ TTM margins at -37.5% OpMargin and -49.6% ROIC indicate no path to profitability evident in trailing twelve months.
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Available Research
13F Pro tracks comprehensive data for TECOGEN INC. including:
Top Institutional Holders of TGEN
VANGUARD CAPITAL MANAGEMENT LLC
$2.0M769,964 shBARD ASSOCIATES INC
$1.8M688,309 shClear Harbor Asset Management, LLC
$1.7M650,000 shPortolan Capital Management, LLC
$1.1M443,555 shHerald Investment Management Ltd
$1.1M420,000 shArosa Capital Management LP
$896.0K350,000 shPalisades Investment Partners, LLC
$854.8K333,907 shUBS Group AG
$818.8K319,836 shSUSQUEHANNA INTERNATIONAL GROUP, LLP
$753.7K294,400 shMeros Investment Management, LP
$746.8K291,705 sh
| Fund | Value | Shares |
|---|---|---|
| VANGUARD CAPITAL MANAGEMENT LLC | $2.0M | 769,964 |
| BARD ASSOCIATES INC | $1.8M | 688,309 |
| Clear Harbor Asset Management, LLC | $1.7M | 650,000 |
| Portolan Capital Management, LLC | $1.1M | 443,555 |
| Herald Investment Management Ltd | $1.1M | 420,000 |
| Arosa Capital Management LP | $896.0K | 350,000 |
| Palisades Investment Partners, LLC | $854.8K | 333,907 |
| UBS Group AG | $818.8K | 319,836 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $753.7K | 294,400 |
| Meros Investment Management, LP | $746.8K | 291,705 |
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Popular Research
Is TGEN a good stock to buy?
13F Pro's AI-powered analysis of TECOGEN INC. (TGEN) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Industrials sector (listed on NYSE). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for TGEN are available on the TGEN stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing.
Which hedge funds own TGEN?
Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling TGEN. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of TECOGEN INC.'s investment landscape.