vs
Side-by-side financial comparison of BTCS Inc. (BTCS) and TECOGEN INC. (TGEN). Click either name above to swap in a different company.
BTCS Inc. is the larger business by last-quarter revenue ($7.1M vs $5.3M, roughly 1.3× TECOGEN INC.). On growth, BTCS Inc. posted the faster year-over-year revenue change (205.5% vs -12.5%). TECOGEN INC. produced more free cash flow last quarter ($-2.6M vs $-9.8M). Over the past eight quarters, BTCS Inc.'s revenue compounded faster (296.4% CAGR vs -7.3%).
BTCS vs TGEN — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $7.1M | $5.3M |
| Net Profit | — | $-4.0M |
| Gross Margin | 12.4% | 36.8% |
| Operating Margin | — | -77.8% |
| Net Margin | — | -75.1% |
| Revenue YoY | 205.5% | -12.5% |
| Net Profit YoY | — | -236.7% |
| EPS (diluted) | $-1.58 | $-0.14 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $7.1M | $5.3M | ||
| Q3 25 | $4.9M | $7.2M | ||
| Q2 25 | $2.8M | $7.3M | ||
| Q1 25 | $1.7M | $7.3M | ||
| Q4 24 | $2.3M | $6.1M | ||
| Q3 24 | $739.2K | $5.6M | ||
| Q2 24 | $561.2K | $4.7M | ||
| Q1 24 | $451.4K | $6.2M |
| Q4 25 | — | $-4.0M | ||
| Q3 25 | $65.6M | $-2.1M | ||
| Q2 25 | $3.9M | $-1.5M | ||
| Q1 25 | $-17.3M | $-659.9K | ||
| Q4 24 | — | $-1.2M | ||
| Q3 24 | $-9.0M | $-930.4K | ||
| Q2 24 | $-6.7M | $-1.5M | ||
| Q1 24 | $12.3M | $-1.1M |
| Q4 25 | 12.4% | 36.8% | ||
| Q3 25 | 22.0% | 30.4% | ||
| Q2 25 | -2.9% | 33.8% | ||
| Q1 25 | 7.1% | 44.3% | ||
| Q4 24 | 2.9% | 45.0% | ||
| Q3 24 | 26.5% | 44.1% | ||
| Q2 24 | 69.9% | 44.0% | ||
| Q1 24 | 64.4% | 41.6% |
| Q4 25 | — | -77.8% | ||
| Q3 25 | — | -29.2% | ||
| Q2 25 | — | -19.4% | ||
| Q1 25 | — | -8.2% | ||
| Q4 24 | — | -18.7% | ||
| Q3 24 | — | -15.5% | ||
| Q2 24 | — | -31.2% | ||
| Q1 24 | — | -17.0% |
| Q4 25 | — | -75.1% | ||
| Q3 25 | 1328.1% | -29.7% | ||
| Q2 25 | 140.0% | -20.1% | ||
| Q1 25 | -1022.5% | -9.1% | ||
| Q4 24 | — | -19.5% | ||
| Q3 24 | -1223.0% | -16.5% | ||
| Q2 24 | -1198.9% | -32.5% | ||
| Q1 24 | 2715.3% | -17.9% |
| Q4 25 | $-1.58 | $-0.14 | ||
| Q3 25 | $1.30 | $-0.07 | ||
| Q2 25 | $0.14 | $-0.06 | ||
| Q1 25 | $-0.86 | $-0.03 | ||
| Q4 24 | $0.28 | $-0.05 | ||
| Q3 24 | $-0.56 | $-0.04 | ||
| Q2 24 | $-0.43 | $-0.06 | ||
| Q1 24 | $0.63 | $-0.04 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $1.5M | $12.4M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $139.4M | $21.6M |
| Total Assets | $214.6M | $37.0M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.5M | $12.4M | ||
| Q3 25 | $4.5M | $15.3M | ||
| Q2 25 | $639.2K | $1.6M | ||
| Q1 25 | $269.9K | $4.1M | ||
| Q4 24 | $2.0M | $5.4M | ||
| Q3 24 | $254.5K | $1.3M | ||
| Q2 24 | $536.7K | $841.9K | ||
| Q1 24 | $670.6K | $1.5M |
| Q4 25 | $139.4M | $21.6M | ||
| Q3 25 | $225.4M | $25.5M | ||
| Q2 25 | $31.1M | $9.1M | ||
| Q1 25 | $20.6M | $9.6M | ||
| Q4 24 | $34.0M | $10.2M | ||
| Q3 24 | $25.2M | $11.3M | ||
| Q2 24 | $33.1M | $12.2M | ||
| Q1 24 | $39.3M | $13.7M |
| Q4 25 | $214.6M | $37.0M | ||
| Q3 25 | $298.9M | $41.5M | ||
| Q2 25 | $40.8M | $28.4M | ||
| Q1 25 | $21.0M | $29.7M | ||
| Q4 24 | $38.2M | $31.1M | ||
| Q3 24 | $26.5M | $27.5M | ||
| Q2 24 | $33.8M | $27.2M | ||
| Q1 24 | $39.5M | $28.5M |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-9.8M | $-2.6M |
| Free Cash FlowOCF − Capex | $-9.8M | $-2.6M |
| FCF MarginFCF / Revenue | -138.1% | -49.3% |
| Capex IntensityCapex / Revenue | 0.2% | 0.9% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-15.8M | $-10.3M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-9.8M | $-2.6M | ||
| Q3 25 | $-2.8M | $-3.6M | ||
| Q2 25 | $-1.3M | $-2.6M | ||
| Q1 25 | $-1.9M | $-1.2M | ||
| Q4 24 | $-3.5M | $4.2M | ||
| Q3 24 | $-695.2K | $-207.3K | ||
| Q2 24 | $-924.1K | $-157.9K | ||
| Q1 24 | $-769.0K | $248.2K |
| Q4 25 | $-9.8M | $-2.6M | ||
| Q3 25 | $-2.8M | $-3.6M | ||
| Q2 25 | $-1.3M | $-2.7M | ||
| Q1 25 | $-1.9M | $-1.3M | ||
| Q4 24 | $-3.5M | $4.0M | ||
| Q3 24 | — | $-489.6K | ||
| Q2 24 | — | $-609.6K | ||
| Q1 24 | — | $143.3K |
| Q4 25 | -138.1% | -49.3% | ||
| Q3 25 | -56.7% | -50.6% | ||
| Q2 25 | -48.2% | -37.7% | ||
| Q1 25 | -112.7% | -17.9% | ||
| Q4 24 | -152.2% | 66.6% | ||
| Q3 24 | — | -8.7% | ||
| Q2 24 | — | -12.9% | ||
| Q1 24 | — | 2.3% |
| Q4 25 | 0.2% | 0.9% | ||
| Q3 25 | 0.1% | 1.0% | ||
| Q2 25 | 0.1% | 2.0% | ||
| Q1 25 | 0.1% | 1.8% | ||
| Q4 24 | 0.1% | 2.1% | ||
| Q3 24 | — | 5.0% | ||
| Q2 24 | — | 9.6% | ||
| Q1 24 | — | 1.7% |
| Q4 25 | — | — | ||
| Q3 25 | -0.04× | — | ||
| Q2 25 | -0.34× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | -0.06× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BTCS
| Builder Plus | $5.9M | 83% |
| Other | $1.2M | 17% |
TGEN
| Installation Services | $4.5M | 84% |
| Products Segment | $460.5K | 9% |
| Other | $394.7K | 7% |
