Tigo Energy (TYGO) Gross Margin (2022 - 2026)
Tigo Energy (TYGO) posted Gross Margin of 39.35% for Q2 2026, down 8.15% on a QoQ basis from 42.84% in Q1 2026, and down 540.0% year-over-year from 8.94% in Q2 2025.
Analysis
Tigo Energy (TYGO) Gross Margin (2022 - 2026) Analysis & Trends
Tigo Energy has reported Gross Margin for 5 years, with the latest figure at 39.35% in Q2 2026.
- On a quarterly basis, Gross Margin fell 540.0% year-over-year to 39.35% in Q2 2026; TTM through Jun 2026 was 42.43%, a 3283.0% increase from a year earlier, with the FY2025 full-year figure at 42.84%, up 5053.0% from the prior year.
- Gross Margin was 39.35% for Q2 2026 at Tigo Energy, down from 42.84% in the prior quarter.
- The five-year high for Gross Margin was 44.74% in Q2 2025, with the low at 72.73% in Q4 2024.
- Average Gross Margin over 5 years is 27.81%, with a median of 32.22% recorded in 2022.
- The sharpest annual moves came in 2024 and 2025: Gross Margin sank 10384 bps in 2024, then surged 11720 bps in 2025.
- Over 5 years, Gross Margin stood at 32.22% in 2022, then slipped by 3 bps to 31.11% in 2023, then tumbled by 334 bps to 72.73% in 2024, then surged by 161 bps to 44.47% in 2025, then retreated by 12 bps to 39.35% in 2026.
- The last three Gross Margin figures came in at 39.35% (Q2 2026), 42.84% (Q1 2026), and 44.47% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 22.26 Bn | 20.53 Bn | 605.00 Mn | 57.28% |
| 2 | Nextpower | 12.25 Bn | 11.04 Bn | 335.85 Mn | 35.91% |
| 3 | Enphase Energy | 4.86 Bn | 3.93 Bn | 175.01 Mn | 59.97% |
| 4 | Solaredge Technologies | 2.25 Bn | 1.67 Bn | 95.15 Mn | 27.48% |
| 5 | T1 Energy | 1.29 Bn | 1.08 Bn | 49.10 Mn | 19.63% |
| 6 | Shoals Technologies | 1.19 Bn | 1.18 Bn | 49.53 Mn | 30.31% |
| 7 | Canadian Solar | 877.81 Mn | -588.69 Mn | 168.48 Mn | 13.95% |
| 8 | Array Technologies | 700.09 Mn | 392.79 Mn | 99.60 Mn | 29.12% |
| 9 | JinkoSolar Holding | 608.82 Mn | -2.07 Bn | 75.62 Mn | 4.15% |
| 10 | Tigo Energy | 78.57 Mn | 61.66 Mn | 10.00 Mn | 39.35% |
Historic Data
Download Data
Historic 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 | 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% |