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Tecogen grew revenue 19.7% in 2025 but posted an $8.25M loss due to higher costs and asset impairments, despite raising $17.4M in funding.
Tecogen Inc. reported a 19.7% revenue increase to $27.07 million for 2025, driven by strong product sales in chillers and cogeneration units, despite a facility relocation and lower quarterly product demand.
The company posted a net loss of $8.25 million, up from $4.76 million in 2024, due to asset impairments, higher operating costs, and reduced service margins.
Cash burn reached $9.91 million, but the company raised $17.40 million in a July 2025 follow-on offering, ending the year with $12.43 million in cash.
CEO Abinand Rangesh cited growing data center opportunities with Vertiv, a pilot project, and investments in R&D and manufacturing as key growth drivers.
Tecogen creció en ingresos un 19.7% en 2025, pero registró una pérdida de $8.25M debido a costos más altos y deterioro de activos, a pesar de recaudar $17.4M en financiamiento.