Tecogen Inc.

Tecogen Inc.

TGENยทAMEX

$6.82

+0.44%
IndustrialsElectrical Equipment & Parts

Tecogen Inc. designs, manufactures, markets, and maintains industrial and commercial cogeneration systems for residential, commercial, recreational, and industrial use in the United States and internationally. It operates through three segments: Products, Services, and Energy Production. The company offers InVerde e+ and TecoPower, a cogeneration product that supplies electricity and hot water; TECOCHILL air-conditioning and refrigeration chillers; Tecofrost gas engine-driven refrigeration compressors; and water heaters under the Ilios brand name, as well as emissions control technology under the Ultera brand name. It also provides long-term maintenance contracts, parts sales, and turnkey installation services through a network of eleven field service centers in California, the Midwest, the Northeast, and the Southeast, as well as in Ontario, Canada. In addition, the company installs, owns, operates, and maintains distributed generation of electricity, energy, and other complementary systems. It serves hospitals and nursing homes, colleges, universities, health clubs, spas, hotels, motels, office and retail buildings, food and beverage processors, multi-unit residential buildings, laundries, ice rinks, swimming pools, factories, municipal buildings, military installations, and indoor growing facilities. The company was incorporated in 2000 and is headquartered in Waltham, Massachusetts.

At a Glance

Live Snapshot
Market Cap$204.04M
EPS-0.3000
P/E Ratio-22.73
Earnings Date08/11/2026
3Y+633.0%
5Y-804.0%
10Y+265.0%
3Y+33.0%
5Y+113.0%
10Y-79.0%
3Y-
5Y-3116.0%
10Y+442.0%
TGEN

Tecogen Inc. Cash Conversion Engine

TGEN ยท AMEX
Net Income-8.25M
Depreciation & Amortization877.67K
Stock-Based Compensation348.03K
Change in Working Capital-4.20M
Others1.31M
Capital Expenditures-400.78K
Free Cash Flow-10.31M

Cash Flow Quality Analysis

FCF Conversion Rate

125.0%

Excellent cash generation. The company converts earnings to cash at or above 100%, indicating high-quality earnings.

CapEx Intensity

-4.0%

Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.

FCF Growth Trend

-433.6%

Significant FCF decline raises concerns. Urgent review needed of operational performance and capital allocation.

Working Capital Impact

-$4.20M

Moderate working capital outflow. Typical for growing businesses, but ensure it's supporting revenue growth, not inefficiency.

Cash Flow Quality Insight

Working capital strain: Significant cash tied up in operations. Monitor receivables collection, inventory turns, and payment terms to optimize cash conversion cycle.

Tecogen Inc. Cash Flow Statement

TGEN โ€ข AMEX

Tecogen Inc. Cash Flow StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010
OPERATING ACTIVITIES
-8.2M
-4.7M
-4.5M
-2.4M
3.7M
-6.2M
-4.8M
-5.8M
97.7K
-1.2M
-2.8M
-3.9M
-3.8M
-2M
-1.9M
-564K
877.7K
553.8K
567.7K
428.3K
469.9K
414.1K
437.1K
789.1K
587.8K
264K
271.7K
278.9K
256.5K
203.8K
158.3K
88.7K
0.0
0.0
0.0
0.0
0.0
0.0
0.0
4.4M
3.3K
-45.6K
-11.6K
55K
233.0
-164.7K
0.0
-256.9K
348K
173K
250.4K
334.1K
202.4K
190.9K
163.5K
181.2K
183.8K
165.9K
199.5K
126.9K
18.4K
195.5K
444.4K
197.1K
1.3M
466.7K
1.3M
130K
-4.9M
4M
2.7M
-92.5K
1.5K
49.5K
50.2K
50.9K
18.4K
195.5K
23.9K
197.1K
(0.0)
(22.6K)
(32.5K)
(16.4K)
(19.5K)
(30.2K)
(35.4K)
(32.7K)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
-4.2M
7.5M
1.6M
153.3K
941.2K
3M
-3M
-3.4M
-1.5M
-2M
-2.4M
-1.8M
129.8K
-1.6M
-1.2M
680K
-9.9M
4.1M
-817.8K
-1.4M
465K
1.4M
-4.5M
-3.9M
-591.3K
-2.7M
-4.7M
-5.1M
-3.4M
-3.2M
-2.4M
341.9K
INVESTING ACTIVITIES
-400.8K
-969.2K
-46.9K
-314.9K
-91.5K
-60K
-95.6K
-1.1M
-1M
-259.4K
-202.6K
-365.5K
-600.7K
-384K
-153.9K
-309.5K
(0.0)
(0.0)
-170K
(0.0)
(0.0)
(0.0)
(0.0)
(440.3K)
(971.5K)
-2M
(16.9K)
(0.0)
-497.8K
(0.0)
(38.7K)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
-1.5M
-2M
(0.0)
-584.4K
(0.0)
(0.0)
-680K
(0.0)
-3.7K
0.0
0.0
0.0
11.6K
0.0
0.0
0.0
2M
119.7K
0.0
0.0
182.1K
506.3K
85K
679.7K
-59.7K
-45.6K
-28K
-33.7K
-135.2K
-157.8K
4.8M
1.9M
1M
1.9M
16.9K
7.1K
-497.8K
342K
-38.7K
0.0
-464.1K
-1M
-244.9K
-348.6K
-215.1K
-217.8K
(4.7M)
(1.3M)
(1.5M)
-2.3M
-185.7K
-942.8K
-916.4K
(122.3K)
-748.9K
(370.3K)
FINANCING ACTIVITIES
18.8M
0.0
0.0
0.0
0.0
1.2K
0.0
0.0
0.0
-31.1K
8.9M
2.3M
6M
1.2M
3.6M
1.3M
-1.4M
937.2K
500K
0.0
1.9M
-578.1K
349.3K
1.2M
-3.2M
150K
0.0
-3M
4.6M
300K
750K
-422.6K
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
-31.1K
(0.0)
(0.0)
-350.0
-337.0
(0.0)
(0.0)
0.0
71K
0.0
0.0
0.0
1.2K
33.6K
-72.1K
179.9K
3.1M
360.2K
151.6K
-137.4K
105K
-12.5K
-202.5K
17.4M
1M
500K
0.0
1.9M
-576.9K
382.9K
1.2M
-3M
3.2M
9.2M
-458.2K
10.4M
1.6M
4.3M
636.1K
CASH FLOW SUMMARY
7M
4.1M
-562.7K
-1.7M
2.1M
612.5K
605.1K
-1.4M
-2M
-1.8M
4.3M
-6.5M
6.1M
-1.4M
1.2M
1.3M
5.4M
1.4M
1.9M
3.6M
1.5M
877.7K
272.6K
1.7M
3.7M
5.5M
1.2M
7.7M
1.6M
3M
1.8M
479.9K
12.4M
5.4M
1.4M
1.9M
3.6M
1.5M
877.7K
272.6K
1.7M
3.7M
5.5M
1.2M
7.7M
1.6M
3M
1.8M
-10.3M
3.1M
-864.7K
-1.7M
310.5K
1.2M
-4.7M
-4.9M
-1.6M
-3M
-4.9M
-5.5M
-4M
-3.5M
-2.6M
32.4K

SEC Filings

TGEN - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
10-Q

10-Q 2026 Q1

Q1

May 13, 2026
March 31, 2026
2026
8-K

8-K 2026

N/A

May 12, 2026
May 12, 2026
2026
DEF 14A

DEF 14A 2026

N/A

April 21, 2026
April 21, 2026
2026
8-K

8-K 2026

N/A

April 08, 2026
April 08, 2026
2026
10-K

10-K 2025 FY

FY

March 19, 2026
December 31, 2025
2025
8-K

8-K 2026

N/A

March 18, 2026
March 17, 2026
2026
8-K

8-K 2026

N/A

January 07, 2026
January 06, 2026
2026
10-Q

10-Q 2025 Q3

Q3

November 13, 2025
September 30, 2025
2025
8-K

8-K 2025

N/A

November 12, 2025
November 12, 2025
2025
8-K

8-K 2025

N/A

September 17, 2025
September 17, 2025
2025
Showing 1 to 10 of 289 filings