Tecogen Q2 FY26 net loss widens 46.8% to $2.15 million; revenue falls 21.2% to $5.75 million
TGEN•Q2 results
Tecogen posted a Q2 net loss of $2.15 million, widening 46.8% year over year.
Revenue fell 21.2% to $5.75 million, driven by a 64% drop in product revenue to $1.13 million.
Backlog and outlook
Backlog topped $8 million; 12 data-center chiller demonstrations were completed, with stronger product revenue expected in Q3.
Margins and expenses
Operating loss widened 52.3% to $2.15 million as operating expenses rose 11.6% to $4.32 million.
Adjusted EBITDA loss widened 45.1% to $1.68 million, on lower products revenue and higher costs.
