Growth Metrics

Tigo Energy (TYGO) Debt to Equity (2022 - 2025)

Tigo Energy's quarterly Debt to Equity came in at $3.92 in Q3 2025, up 242.5% year-on-year from $1.14 in Q3 2024, and down 85.27% quarter-over-quarter from $26.58 in Q2 2025.

Tigo Energy has reported Debt to Equity for 4 years, with the latest figure at $3.92 in Q3 2025.

  • For the quarter ending Q3 2025, Debt to Equity rose 242.5% year-over-year to $3.92; the trailing twelve-month figure through Sep 2025 stood at $3.92 (up 242.5% YoY), and the FY2024 full-year result was $4.83, up 861.44% from the prior year.
  • Debt to Equity for Q3 2025 stood at $3.92, down from $26.58 in the prior quarter.
  • The five-year high for Debt to Equity was $26.58 in Q2 2025, with the low at -$0.37 in Q4 2022.
  • Average Debt to Equity over 4 years is $4.63, with a median of $0.91 recorded in 2023.
  • Year-over-year, Debt to Equity declined 11.1% in 2024 and surged 3200.2% in 2025.
  • Tracing TYGO's Debt to Equity over 4 years: stood at -$0.37 in 2022, then soared by 235.58% to $0.5 in 2023, then soared by 861.44% to $4.83 in 2024, then decreased by 18.93% to $3.92 in 2025.
  • The last three Debt to Equity figures came in at $3.92 (Q3 2025), $26.58 (Q2 2025), and $11.32 (Q1 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 First Solar 26.65 Bn 24.22 Bn 486.13 Mn 0.04
2 Nextpower 17.99 Bn 16.90 Bn 297.38 Mn -
3 Canadian Solar 15.11 Bn 15.69 Bn 124.40 Mn 1.36
4 Enphase Energy 8.19 Bn 7.26 Bn 100.39 Mn 0.52
5 Solaredge Technologies 3.80 Bn 3.25 Bn 68.28 Mn -
6 Sunrun 3.38 Bn 4.27 Bn 543.70 Mn 0.13
7 Shoals Technologies 1.60 Bn 1.60 Bn 41.01 Mn 0.30
8 Array Technologies 1.25 Bn 1.05 Bn 63.00 Mn -3.11
9 JinkoSolar Holding 677.44 Mn 2.29 Bn 147.66 Mn 0.71
10 Tigo Energy 288.14 Mn 276.56 Mn 10.79 Mn -

Historic Data

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DateValue
Sep 30, 2025 3.92
Jun 30, 2025 26.58
Mar 31, 2025 11.32
Dec 31, 2024 4.83
Sep 30, 2024 1.14
Jun 30, 2024 0.81
Mar 31, 2024 0.62
Dec 31, 2023 0.50
Sep 30, 2023 0.66
Jun 30, 2023 0.91
Dec 31, 2022 -0.37