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Side-by-side financial comparison of TECOGEN INC. (TGEN) and Xos, Inc. (XOS). Click either name above to swap in a different company.
TECOGEN INC. is the larger business by last-quarter revenue ($5.3M vs $5.2M, roughly 1.0× Xos, Inc.). TECOGEN INC. runs the higher net margin — -75.1% vs -186.8%, a 111.7% gap on every dollar of revenue. On growth, TECOGEN INC. posted the faster year-over-year revenue change (-12.5% vs -54.5%). Over the past eight quarters, TECOGEN INC.'s revenue compounded faster (-7.3% CAGR vs -35.7%).
Xos, Inc. is an American manufacturer of commercial electric vehicles (EVs) and mobile EV chargers.
TGEN vs XOS — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $5.3M | $5.2M |
| Net Profit | $-4.0M | $-9.8M |
| Gross Margin | 36.8% | -50.5% |
| Operating Margin | -77.8% | -186.6% |
| Net Margin | -75.1% | -186.8% |
| Revenue YoY | -12.5% | -54.5% |
| Net Profit YoY | -236.7% | 48.6% |
| EPS (diluted) | $-0.14 | $-0.76 |
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 | $5.3M | $5.2M | ||
| Q3 25 | $7.2M | $16.5M | ||
| Q2 25 | $7.3M | $18.4M | ||
| Q1 25 | $7.3M | $5.9M | ||
| Q4 24 | $6.1M | $11.5M | ||
| Q3 24 | $5.6M | $15.8M | ||
| Q2 24 | $4.7M | $15.5M | ||
| Q1 24 | $6.2M | $12.6M |
| Q4 25 | $-4.0M | $-9.8M | ||
| Q3 25 | $-2.1M | $2.1M | ||
| Q2 25 | $-1.5M | $-7.5M | ||
| Q1 25 | $-659.9K | $-10.2M | ||
| Q4 24 | $-1.2M | $-19.0M | ||
| Q3 24 | $-930.4K | $-10.5M | ||
| Q2 24 | $-1.5M | $-9.7M | ||
| Q1 24 | $-1.1M | $-11.0M |
| Q4 25 | 36.8% | -50.5% | ||
| Q3 25 | 30.4% | 15.3% | ||
| Q2 25 | 33.8% | 8.8% | ||
| Q1 25 | 44.3% | 20.6% | ||
| Q4 24 | 45.0% | -32.4% | ||
| Q3 24 | 44.1% | 18.1% | ||
| Q2 24 | 44.0% | 13.1% | ||
| Q1 24 | 41.6% | 22.1% |
| Q4 25 | -77.8% | -186.6% | ||
| Q3 25 | -29.2% | -42.4% | ||
| Q2 25 | -19.4% | -38.5% | ||
| Q1 25 | -8.2% | -157.7% | ||
| Q4 24 | -18.7% | -127.0% | ||
| Q3 24 | -15.5% | -61.4% | ||
| Q2 24 | -31.2% | -73.2% | ||
| Q1 24 | -17.0% | -81.1% |
| Q4 25 | -75.1% | -186.8% | ||
| Q3 25 | -29.7% | 12.9% | ||
| Q2 25 | -20.1% | -40.8% | ||
| Q1 25 | -9.1% | -173.3% | ||
| Q4 24 | -19.5% | -165.4% | ||
| Q3 24 | -16.5% | -66.6% | ||
| Q2 24 | -32.5% | -62.2% | ||
| Q1 24 | -17.9% | -87.1% |
| Q4 25 | $-0.14 | $-0.76 | ||
| Q3 25 | $-0.07 | $0.22 | ||
| Q2 25 | $-0.06 | $-0.91 | ||
| Q1 25 | $-0.03 | $-1.26 | ||
| Q4 24 | $-0.05 | $-2.34 | ||
| Q3 24 | $-0.04 | $-1.32 | ||
| Q2 24 | $-0.06 | $-1.23 | ||
| Q1 24 | $-0.04 | $-1.80 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $12.4M | $14.0M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $21.6M | $23.3M |
| Total Assets | $37.0M | $60.4M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $12.4M | $14.0M | ||
| Q3 25 | $15.3M | $14.1M | ||
| Q2 25 | $1.6M | $8.8M | ||
| Q1 25 | $4.1M | $4.8M | ||
| Q4 24 | $5.4M | $11.0M | ||
| Q3 24 | $1.3M | $8.4M | ||
| Q2 24 | $841.9K | $19.7M | ||
| Q1 24 | $1.5M | $46.2M |
| Q4 25 | $21.6M | $23.3M | ||
| Q3 25 | $25.5M | $31.1M | ||
| Q2 25 | $9.1M | $18.3M | ||
| Q1 25 | $9.6M | $24.8M | ||
| Q4 24 | $10.2M | $33.6M | ||
| Q3 24 | $11.3M | $50.8M | ||
| Q2 24 | $12.2M | $59.2M | ||
| Q1 24 | $13.7M | $67.8M |
| Q4 25 | $37.0M | $60.4M | ||
| Q3 25 | $41.5M | $73.8M | ||
| Q2 25 | $28.4M | $80.3M | ||
| Q1 25 | $29.7M | $87.7M | ||
| Q4 24 | $31.1M | $98.3M | ||
| Q3 24 | $27.5M | $120.5M | ||
| Q2 24 | $27.2M | $123.4M | ||
| Q1 24 | $28.5M | $135.0M |
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 | $-2.6M | $2.4M |
| Free Cash FlowOCF − Capex | $-2.6M | — |
| FCF MarginFCF / Revenue | -49.3% | — |
| Capex IntensityCapex / Revenue | 0.9% | 0.0% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-10.3M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-2.6M | $2.4M | ||
| Q3 25 | $-3.6M | $3.1M | ||
| Q2 25 | $-2.6M | $4.6M | ||
| Q1 25 | $-1.2M | $-4.8M | ||
| Q4 24 | $4.2M | $3.3M | ||
| Q3 24 | $-207.3K | $-11.5M | ||
| Q2 24 | $-157.9K | $-26.0M | ||
| Q1 24 | $248.2K | $-14.6M |
| Q4 25 | $-2.6M | — | ||
| Q3 25 | $-3.6M | — | ||
| Q2 25 | $-2.7M | — | ||
| Q1 25 | $-1.3M | — | ||
| Q4 24 | $4.0M | — | ||
| Q3 24 | $-489.6K | $-11.7M | ||
| Q2 24 | $-609.6K | $-26.1M | ||
| Q1 24 | $143.3K | $-14.6M |
| Q4 25 | -49.3% | — | ||
| Q3 25 | -50.6% | — | ||
| Q2 25 | -37.7% | — | ||
| Q1 25 | -17.9% | — | ||
| Q4 24 | 66.6% | — | ||
| Q3 24 | -8.7% | -73.9% | ||
| Q2 24 | -12.9% | -168.1% | ||
| Q1 24 | 2.3% | -115.7% |
| Q4 25 | 0.9% | 0.0% | ||
| Q3 25 | 1.0% | 0.0% | ||
| Q2 25 | 2.0% | 0.0% | ||
| Q1 25 | 1.8% | 0.0% | ||
| Q4 24 | 2.1% | 0.0% | ||
| Q3 24 | 5.0% | 0.9% | ||
| Q2 24 | 9.6% | 0.8% | ||
| Q1 24 | 1.7% | 0.2% |
| Q4 25 | — | — | ||
| Q3 25 | — | 1.45× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
TGEN
| Installation Services | $4.5M | 84% |
| Products Segment | $460.5K | 9% |
| Other | $394.7K | 7% |
XOS
Segment breakdown not available.
