Tigo Energy (TYGO) Cost of Revenue (2022 - 2026)
Tigo Energy's (TYGO) quarterly Cost of Revenue came in at $14.4 million in Q1 2026, up 23.46% year-on-year from $11.7 million in Q1 2025, and down 13.63% quarter-over-quarter from $16.7 million in Q4 2025.
Tigo Energy (TYGO) Cost of Revenue (2022 - 2026) Analysis & Trends
Tigo Energy's Cost of Revenue history runs 5 years deep, the most recent figure standing at $14.4 million for Q1 2026.
- On a quarterly basis, Cost of Revenue rose 23.46% year-over-year to $14.4 million in Q1 2026; TTM through Mar 2026 was $61.9 million, a 1.4% decrease from a year earlier, with the FY2025 full-year figure at $59.2 million, up 1.74% from the prior year.
- Cost of Revenue fell to $14.4 million in Q1 2026 per TYGO's latest filing, from $16.7 million in the prior quarter.
- Across five years, Cost of Revenue topped out at $42.9 million in Q2 2023 and bottomed at $6.4 million in Q4 2023.
- The 5-year median for Cost of Revenue is $13.8 million (2025), against an average of $17.2 million.
- Biggest YoY gain for Cost of Revenue was 368.47% in 2024; the steepest drop was 79.42% in 2024.
- Year by year, Cost of Revenue stood at $21.0 million in 2022, then tumbled by 69.63% to $6.4 million in 2023, then soared by 368.47% to $29.8 million in 2024, then plunged by 44.11% to $16.7 million in 2025, then slipped by 13.63% to $14.4 million in 2026.
- Per Business Quant, the three latest TYGO Cost of Revenue figures stand at $14.4 million (Q1 2026), $16.7 million (Q4 2025), and $17.6 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 22.08 Bn | 19.65 Bn | 486.13 Mn | 558.11 Mn |
| 2 | Nextpower | 15.32 Bn | 14.23 Bn | 297.38 Mn | 583.14 Mn |
| 3 | Enphase Energy | 4.98 Bn | 4.05 Bn | 100.39 Mn | 182.51 Mn |
| 4 | JinkoSolar Holding | 3.20 Bn | -107.75 Mn | 147.66 Mn | 1.63 Bn |
| 5 | Solaredge Technologies | 2.60 Bn | 2.04 Bn | 68.28 Mn | 242.22 Mn |
| 6 | Sunrun | 2.35 Bn | 687.09 Mn | 407.49 Mn | 314.74 Mn |
| 7 | Shoals Technologies | 1.55 Bn | 1.55 Bn | 41.01 Mn | 99.55 Mn |
| 8 | Canadian Solar | 925.64 Mn | 166.07 Mn | 124.40 Mn | 1.09 Bn |
| 9 | Array Technologies | 843.55 Mn | 642.85 Mn | 63.00 Mn | 160.41 Mn |
| 10 | Tigo Energy | 123.38 Mn | 111.81 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 | 16.68 Mn |
| Dec 31, 2025 | 16.68 Mn |
| Sep 30, 2025 | 17.55 Mn |
| Sep 30, 2025 | 17.55 Mn |
| Jun 30, 2025 | 13.29 Mn |
| Jun 30, 2025 | 13.29 Mn |
| Mar 31, 2025 | 11.67 Mn |
| Mar 31, 2025 | 11.67 Mn |
| Dec 31, 2024 | 29.84 Mn |
| Dec 31, 2024 | 29.84 Mn |
| Sep 30, 2024 | 12.46 Mn |
| Sep 30, 2024 | 12.46 Mn |
| Jun 30, 2024 | 8.83 Mn |
| Jun 30, 2024 | 8.83 Mn |
| Mar 31, 2024 | 7.04 Mn |
| Mar 31, 2024 | 7.04 Mn |
| Dec 31, 2023 | 6.37 Mn |
| Dec 31, 2023 | 6.37 Mn |