Growth Metrics

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

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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
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