Tigo Energy (TYGO) Cost of Revenue (2022 - 2026)
Tigo Energy's quarterly Cost of Revenue came in at $14.4 million in Q1 2026, up 267.8% year-on-year from $3.9 million in Q1 2025, and up 157.44% quarter-over-quarter from -$25.1 million in Q4 2025.
Tigo Energy has reported Cost of Revenue for 5 years, with the latest figure at $14.4 million in Q1 2026.
- For the quarter ending Q1 2026, Cost of Revenue rose 267.8% year-over-year to $14.4 million; the trailing twelve-month figure through Mar 2026 stood at $11.3 million (down 80.35% YoY), and the FY2025 full-year result was $17.4 million, down 70.02% from the prior year.
- Cost of Revenue for Q1 2026 stood at $14.4 million, up from -$25.1 million in the prior quarter.
- The five-year high for Cost of Revenue was $78.4 million in Q4 2023, with the low at -$25.1 million in Q4 2025.
- Average Cost of Revenue over 5 years is $17.1 million, with a median of $9.6 million recorded in 2022.
- Peak annual rise in Cost of Revenue reached 300.91% in 2025, while the deepest fall reached 155.55% in 2025.
- Tracing TYGO's Cost of Revenue over 5 years: stood at $49.2 million in 2022, then soared by 59.31% to $78.4 million in 2023, then slumped by 42.42% to $45.1 million in 2024, then plunged by 155.55% to -$25.1 million in 2025, then surged by 157.44% to $14.4 million in 2026.
- The last three Cost of Revenue figures came in at $14.4 million (Q1 2026), -$25.1 million (Q4 2025), and $17.6 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 26.65 Bn | 24.22 Bn | 486.13 Mn | 558.11 Mn |
| 2 | Nextpower | 17.99 Bn | 16.90 Bn | 297.38 Mn | 583.14 Mn |
| 3 | Canadian Solar | 15.11 Bn | 15.69 Bn | 124.40 Mn | 1.09 Bn |
| 4 | Enphase Energy | 8.19 Bn | 7.26 Bn | 100.39 Mn | 48.09 Mn |
| 5 | Solaredge Technologies | 3.80 Bn | 3.25 Bn | 68.28 Mn | 242.22 Mn |
| 6 | Sunrun | 3.38 Bn | 4.27 Bn | 543.70 Mn | 178.53 Mn |
| 7 | Shoals Technologies | 1.60 Bn | 1.60 Bn | 41.01 Mn | 99.55 Mn |
| 8 | Array Technologies | 1.25 Bn | 1.05 Bn | 63.00 Mn | 160.41 Mn |
| 9 | JinkoSolar Holding | 677.44 Mn | 2.29 Bn | 147.66 Mn | 1.63 Bn |
| 10 | Tigo Energy | 288.14 Mn | 276.56 Mn | 10.79 Mn | 14.40 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 14.40 Mn |
| Mar 31, 2026 | 14.40 Mn |
| Dec 31, 2025 | -25.07 Mn |
| Dec 31, 2025 | -25.07 Mn |
| Sep 30, 2025 | 17.55 Mn |
| Sep 30, 2025 | 17.55 Mn |
| Jun 30, 2025 | 4.41 Mn |
| Jun 30, 2025 | 4.41 Mn |
| Mar 31, 2025 | 3.92 Mn |
| Mar 31, 2025 | 3.92 Mn |
| Dec 31, 2024 | 45.13 Mn |
| Dec 31, 2024 | 45.13 Mn |
| Sep 30, 2024 | 4.38 Mn |
| Sep 30, 2024 | 4.38 Mn |
| Jun 30, 2024 | 4.06 Mn |
| Jun 30, 2024 | 4.06 Mn |
| Mar 31, 2024 | 7.04 Mn |
| Mar 31, 2024 | 7.04 Mn |
| Dec 31, 2023 | 78.39 Mn |
| Dec 31, 2023 | 78.39 Mn |
| Sep 30, 2023 | 5.60 Mn |
| Sep 30, 2023 | 5.60 Mn |
| Jun 30, 2023 | 5.16 Mn |
| Jun 30, 2023 | 5.16 Mn |
| Mar 31, 2023 | 31.69 Mn |
| Mar 31, 2023 | 31.69 Mn |
| Dec 31, 2022 | 49.20 Mn |
| Dec 31, 2022 | 49.20 Mn |
| Sep 30, 2022 | 16.24 Mn |
| Sep 30, 2022 | 16.24 Mn |
| Jun 30, 2022 | 12.11 Mn |
| Jun 30, 2022 | 12.11 Mn |