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
DateValue
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