The Generation Essentials Group (TGE) Income Statement
TGE 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsTGE revenue and net income
Where TGE's revenue goes
2025Each bar shows an amount and its share of revenue. TGE kept −14.3% of revenue as net income.
TGE profit margins
TGE growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +7.2% | +43.8% | −41.5% | — |
| Gross profit | −1.8% | +24.4% | −47.8% | — |
| Operating income | −141.0% | — | — | — |
| Net income | −127.9% | — | — | — |
| EPS (diluted) | −920.0% | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
TGE quarterly EPS vs estimates
Generation Essentials beat the analyst EPS estimate in 2 of the last 2 quarters.
TGE income statement
| 2025 | 2024 | 2023 | 2022 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $54.3M | $50.7M | $80.3M | $18.3M | $868.5M | $793.3M | $655.9M | $611.7M | $542.7M |
| Cost of revenue | $31.4M | $27.3M | $12.3M | $6.3M | $193.7M | $199.7M | $166.2M | $144.7M | $143.9M |
| Gross profit | $23.0M | $23.4M | $68.0M | $11.9M | $674.8M | $593.6M | $489.7M | $466.9M | $398.7M |
| Sales, general & admin | $62.0M | $2.2M | $2.0M | $1.3M | $192.8M | $143.1M | $127.6M | $112.4M | $103.5M |
| Total operating expenses | $67.8M | −$9.4M | $44.9M | −$8.7M | $322.0M | $242.9M | $208.1M | $208.5M | $192.5M |
| Operating income | −$13.4M | $32.8M | $23.1M | $20.6M | $352.8M | $350.6M | $281.6M | $258.4M | $206.2M |
| Interest income | $9,000 | $2.5M | $4,000 | $0 | — | — | — | — | — |
| Interest expense | $8.3M | $10.7M | $7.2M | $2.6M | $161.4M | — | — | — | — |
| Income before taxes | −$11.2M | $46.4M | $19.1M | $23.7M | $178.2M | $523.4M | $432.4M | $267.8M | $193.1M |
| Income taxes | — | $1.6M | $1.8M | $599,000 | −$70.6M | $55.7M | $208.5M | $17.7M | $7.3M |
| Net income | −$7.8M | $27.8M | $8.2M | $15.0M | $248.8M | $137.1M | −$128.7M | $33.8M | $44.3M |
| EBITDA | $12.6M | $68.7M | $29.0M | $27.4M | $816.0M | $310.3M | $178.3M | $145.6M | $140.8M |
| EPS (diluted) | −$0.41 | $0.05 | $0.17 | — | $1.37 | $0.85 | −$2.22 | $0.65 | $0.93 |
| Gross margin | 42.3% | 46.1% | 84.7% | 65.4% | 77.7% | 74.8% | 74.7% | 76.3% | 73.5% |
| Operating margin | −24.7% | 64.7% | 28.8% | 113.1% | 40.6% | 44.2% | 42.9% | 42.2% | 38.0% |
| Net margin | −14.3% | 54.8% | 10.2% | 82.0% | 28.6% | 17.3% | −19.6% | 5.5% | 8.2% |
| Mar '25 | Dec '24 | Sep '24 | Dec '19 | Sep '19 | Jun '19 | Mar '19 | Dec '18 | Sep '18 | Jun '18 | Mar '18 | Dec '17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | $233.0M | $226.7M | $211.5M | $197.4M | $220.3M | $200.3M | $193.6M | $179.1M | $174.8M |
| Cost of revenue | — | — | — | $56.7M | $45.0M | $46.7M | $45.4M | $56.3M | $48.9M | $48.8M | $45.7M | $46.9M |
| Gross profit | — | — | — | $176.3M | $181.8M | $164.8M | $152.0M | $163.9M | $151.4M | $144.8M | $133.4M | $127.9M |
| Sales, general & admin | $1.6M | $1.2M | $184,650 | $89.4M | $75.9M | $75.2M | $81.5M | $64.6M | $61.3M | $65.5M | $51.5M | $60.2M |
| Total operating expenses | $1.6M | $1.2M | −$36,580 | $89.4M | $75.9M | $75.2M | $81.5M | $64.6M | $61.3M | $65.5M | $51.5M | $60.2M |
| Operating income | −$1.6M | −$1.2M | $36,580 | $86.8M | $105.9M | $89.6M | $70.5M | $99.4M | $90.1M | $79.3M | $81.9M | $67.7M |
| Interest income | $1.7M | $1.8M | $675,280 | — | — | — | — | — | — | — | — | — |
| Interest expense | — | — | — | $39.5M | $41.6M | $80.3M | — | — | — | — | — | — |
| Income before taxes | $10,380 | $573,420 | $711,860 | $63.0M | $151.1M | $148.2M | $119.5M | $145.2M | $130.7M | $126.5M | $121.0M | $90.3M |
| Income taxes | — | — | — | $9.0M | $22.6M | $22.0M | $17.1M | $20.2M | $12.0M | $16.8M | $6.7M | $10.6M |
| Net income | $10,380 | $573,420 | $711,860 | $54.1M | $72.5M | $71.6M | $50.6M | $59.8M | $59.5M | $1.1M | $16.7M | −$165.4M |
| EBITDA | — | — | — | $174.6M | $226.1M | $263.1M | $100.5M | $111.3M | $100.7M | $47.3M | $51.0M | −$129.4M |
| EPS (diluted) | $0.00 | $0.05 | — | — | — | — | — | — | — | — | — | — |
| Gross margin | — | — | — | 75.7% | 80.2% | 77.9% | 77.0% | 74.4% | 75.6% | 74.8% | 74.5% | 73.2% |
| Operating margin | — | — | — | 37.3% | 46.7% | 42.4% | 35.7% | 45.1% | 45.0% | 41.0% | 45.7% | 38.7% |
| Net margin | — | — | — | 23.2% | 32.0% | 33.9% | 25.6% | 27.1% | 29.7% | 0.6% | 9.3% | −94.6% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in TGE's financial statements (latest annual report filed —); data from EODHD. Sales, general & administrative expenses include sales and marketing.
TGE financial results
In fiscal year 2025 (ended December 31, 2025), Generation Essentials reported revenue of $54.3 million, up 7.2% from the year before. It had a net loss of $7.8 million, a net profit margin of −14.3%. Diluted earnings per share came to −$0.41. Over five years revenue grew at an average rate of −41.5% a year.
See the TGE stock overview for the latest quote and news, or the TGE chart for price history and technical indicators.
TGE income statement FAQ
What is Generation Essentials's annual revenue?
Generation Essentials reported total revenue of $54.3 million for fiscal year 2025, which ended on December 31, 2025. That was up 7.2% from $50.7 million the previous year.
Is Generation Essentials profitable?
No. Generation Essentials reported a net loss of $7.8 million in fiscal 2025, a net profit margin of −14.3%; its operating margin was −24.7%.
What is Generation Essentials's gross margin?
Generation Essentials's gross margin was 42.3% in fiscal 2025: for every $100 of revenue, Generation Essentials kept $42 after the direct cost of its products and services.
How fast is Generation Essentials growing?
Revenue grew −41.5% a year on average over the last five fiscal years, from $793.3 million to $54.3 million.
What are Generation Essentials's earnings per share?
Generation Essentials earned $-0.41 per diluted share in fiscal 2025, compared with $0.05 a year earlier.
When does Generation Essentials's fiscal year end?
Generation Essentials's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025.