Tigo Energy (TYGO) Gross Margin (2022 - 2026)
Tigo Energy's Gross Margin came in at 46.16% for Q3 2026, up 3.50 percentage points from 42.66% a year earlier and up 6.82 percentage points from the prior quarter.
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Analysis
Tigo Energy (TYGO) Gross Margin (2022 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Tigo Energy reported Gross Margin of 43.22%, up 22.92 percentage points year-over-year; for FY2025, it came in at 42.84%, up 50.53 percentage points from FY2024.
- Gross Margin carries a three-year change of +12.38 percentage points (FY2022 to FY2025).
- Going back by year, Gross Margin was -7.69% in FY2024 (-43.02 pp), 35.33% in FY2023 (+4.87 pp) and 30.46% in FY2022.
- The Q3 2026 figure represents the highest quarterly Gross Margin in data going back to Q2 2022.
- Year-over-year, Gross Margin increased in six of the last eight quarters, with an average year-over-year change of +8.82 percentage points.
- The fastest year-over-year change in Gross Margin over five years came in Q4 2025 (a gain of 117.20 percentage points), and the weakest in Q4 2024 (a drop of 103.84 percentage points).
- Business Quant data shows TYGO's Gross Margin at 39.35% (Q2 2026), 42.84% (Q1 2026) and 44.47% (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 212.47 Bn | 164.72 Bn | 3.11 Bn | 24.58% |
| 2 | Bloom Energy | 56.73 Bn | 46.66 Bn | 417.10 Mn | 33.75% |
| 3 | First Solar | 18.42 Bn | 9.79 Bn | 713.06 Mn | 57.93% |
| 4 | Nextpower | 14.32 Bn | 10.03 Bn | 345.32 Mn | 31.13% |
| 5 | BWX Technologies | 11.27 Bn | 9.04 Bn | 227.14 Mn | 23.84% |
| 6 | Generac Holdings | 11.25 Bn | 9.99 Bn | 516.04 Mn | 39.86% |
| 7 | Innio | 10.93 Bn | 7.17 Bn | 367.70 Mn | 31.48% |
| 8 | EnerSys | 5.13 Bn | 3.44 Bn | 284.35 Mn | 29.93% |
| 9 | Mirion Technologies | 4.30 Bn | 2.71 Bn | 131.50 Mn | 47.34% |
| 10 | Tigo Energy | 46.54 Mn | -6.37 Mn | 11.10 Mn | 46.16% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 46.16% |
| Jun 30, 2026 | 39.35% |
| Mar 31, 2026 | 42.84% |
| Dec 31, 2025 | 44.47% |
| Sep 30, 2025 | 42.66% |
| Jun 30, 2025 | 44.74% |
| Mar 31, 2025 | 38.08% |
| Dec 31, 2024 | -72.73% |
| Sep 30, 2024 | 12.46% |
| Jun 30, 2024 | 30.45% |
| Mar 31, 2024 | 28.22% |
| Dec 31, 2023 | 31.11% |
| Sep 30, 2023 | 24.31% |
| Jun 30, 2023 | 37.64% |
| Mar 31, 2023 | 36.70% |
| Dec 31, 2022 | 32.22% |
| Sep 30, 2022 | 28.86% |
| Jun 30, 2022 | 31.36% |
API Access
Tigo Energy Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=TYGO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "TYGO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=TYGO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();