• Tecogen posted a net loss attributable to shareholders of USD 2.12 million for Q1 ended March 31, 2026, more than doubled from USD 659,922 a year earlier.
• Revenue fell 12.9% to USD 6.34 million, as product revenue dropped 53.6% to USD 1.18 million, offset in part by services rising 9.2% to USD 4.64 million.
• Operating loss widened to USD 2.14 million from USD 594,244, while gross margin slipped 3.4 percentage points to 40.9%.
• Cash and cash equivalents declined 24.9% from Dec. 31, 2025 to USD 9.33 million, while backlog excluding service contracts stood at USD 8.2 million as of March 31, 2026.
• Vertiv sales and marketing agreement for DTx chillers in data center cooling remains in place, granting exclusivity outside the US and non-exclusive rights in the US subject to sales targets.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Tecogen Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001537435-26-000038), on May 13, 2026, and is solely responsible for the information contained therein.