Tigo Energy (TYGO) Cost of Revenue (2022 - 2026)

Tigo Energy (TYGO) recorded quarterly Cost of Revenue of $14.4 million in Q1 2026, up 157.44% quarter-over-quarter from -$25.1 million in Q4 2025, and up 267.8% on a YoY basis from $3.9 million in Q1 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.

  • In Q1 2026, Cost of Revenue rose 267.8% year-over-year to $14.4 million; the TTM figure through Mar 2026 stood at $11.3 million (down 80.35% YoY), while the FY2025 annual figure was $17.4 million, down 70.02% from the prior year.
  • Cost of Revenue was $14.4 million for Q1 2026 at Tigo Energy, up from -$25.1 million in the prior quarter.
  • In the past five years, Cost of Revenue ranged from a high of $78.4 million in Q4 2023 to a low of -$25.1 million in Q4 2025.
  • Historically, Cost of Revenue has averaged $17.1 million across 5 years, with a median of $9.6 million in 2022.
  • Biggest YoY gain for Cost of Revenue was 300.91% in 2025; the steepest drop was 155.55% in 2025.
  • A 5-year view of Cost of Revenue shows it stood at $49.2 million in 2022, then surged by 59.31% to $78.4 million in 2023, then tumbled by 42.42% to $45.1 million in 2024, then sank by 155.55% to -$25.1 million in 2025, then jumped 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 28.68 Bn 26.25 Bn 486.13 Mn 558.11 Mn
2 Nextpower 18.03 Bn 16.93 Bn 297.38 Mn 583.14 Mn
3 Enphase Energy 7.16 Bn 6.23 Bn 100.39 Mn 48.09 Mn
4 Solaredge Technologies 3.68 Bn 3.13 Bn 68.28 Mn 242.22 Mn
5 Sunrun 3.02 Bn 3.91 Bn 543.70 Mn 178.53 Mn
6 Shoals Technologies 1.75 Bn 1.75 Bn 41.01 Mn 99.55 Mn
7 Array Technologies 1.19 Bn 987.00 Mn 63.00 Mn 160.41 Mn
8 JinkoSolar Holding 596.69 Mn 2.20 Bn 147.66 Mn 1.63 Bn
9 Tigo Energy 209.39 Mn 197.82 Mn 10.79 Mn 14.40 Mn
10 Skycorp Solar 110.38 Mn 103.60 Mn - -

Historic Data

Download Data
DateValue
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