Tigo Energy (TYGO) Gross Margin (2022 - 2026)
Tigo Energy (TYGO) posted quarterly Gross Margin of 42.84% for Q1 2026, up 476.0% year-over-year from 7.44% in Q1 2025, and down 3.67% quarter-over-quarter from 44.47% in Q4 2025.
Tigo Energy (TYGO) Gross Margin (2022 - 2026) Analysis & Trends
Tigo Energy's Gross Margin history runs 5 years deep, the most recent figure standing at 42.84% for Q1 2026.
- In Q1 2026, Gross Margin rose 476.0% year-over-year to 42.84%; the TTM figure through Mar 2026 stood at 43.65% (up 4325.0% YoY), while the FY2025 annual figure was 42.84%, up 5053.0% from the prior year.
- Gross Margin for Q1 2026 stood at 42.84%, down from 44.47% in the prior quarter.
- The five-year high for Gross Margin was 18369.0% in Q1 2023, with the low at 72.73% in Q4 2024.
- The 5-year median for Gross Margin is 31.79% (2022), against an average of 1170.78%.
- The sharpest annual moves came in 2024 and 2025: Gross Margin sank 1834078 bps in 2024, then soared 11720 bps in 2025.
- Tigo Energy's Gross Margin stood at 32.22% in 2022, then sank by 107 bps to 2.12% in 2023, then tumbled by 3324 bps to 72.73% in 2024, then soared by 161 bps to 44.47% in 2025, then declined by 4 bps to 42.84% in 2026.
- Business Quant data shows TYGO's Gross Margin at 42.84% in Q1 2026, 44.47% in Q4 2025, and 42.66% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 23.03 Bn | 21.30 Bn | 605.00 Mn | 57.28% |
| 2 | Nextpower | 13.25 Bn | 12.03 Bn | 335.85 Mn | 35.91% |
| 3 | Enphase Energy | 5.07 Bn | 4.13 Bn | 175.01 Mn | 59.97% |
| 4 | Sunrun | 2.24 Bn | 2.24 Bn | 527.54 Mn | 60.64% |
| 5 | Solaredge Technologies | 1.89 Bn | 1.31 Bn | 95.15 Mn | 27.48% |
| 6 | Shoals Technologies | 1.24 Bn | 1.22 Bn | 49.53 Mn | 30.31% |
| 7 | Canadian Solar | 991.33 Mn | -596.96 Mn | 124.40 Mn | 10.22% |
| 8 | JinkoSolar Holding | 831.90 Mn | -2.48 Bn | 147.66 Mn | 8.32% |
| 9 | Array Technologies | 727.79 Mn | 420.48 Mn | 99.60 Mn | 29.12% |
| 10 | Tigo Energy | 83.15 Mn | 66.23 Mn | 10.00 Mn | 39.35% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | -2.12% |
| Sep 30, 2023 | 24.31% |
| Jun 30, 2023 | 37.64% |
| Mar 31, 2023 | 18,369.00% |
| Dec 31, 2022 | 32.22% |
| Sep 30, 2022 | 28.86% |
| Jun 30, 2022 | 31.36% |