Tigo Energy (TYGO) Gross Margin (2022 - 2026)

Tigo Energy's (TYGO) quarterly Gross Margin came in at 42.84% in Q1 2026, up 476.0% year-on-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.

  • On a quarterly basis, Gross Margin rose 476.0% year-over-year to 42.84% in Q1 2026; TTM through Mar 2026 was 43.65%, a 4325.0% increase from a year earlier, with the FY2025 full-year figure at 42.84%, up 5053.0% from the prior year.
  • Gross Margin retreated to 42.84% in Q1 2026 per TYGO's latest filing, from 44.47% in the prior quarter.
  • Across five years, Gross Margin topped out at 18369.0% in Q1 2023 and bottomed at 72.73% in Q4 2024.
  • The 5-year median for Gross Margin is 31.79% (2022), against an average of 1170.78%.
  • Across the five-year window, Gross Margin slumped 1834078 bps in 2024 and soared 11720 bps in 2025, its largest moves.
  • Year by year, Gross Margin stood at 32.22% in 2022, then plunged by 107 bps to 2.12% in 2023, then slumped by 3324 bps to 72.73% in 2024, then jumped by 161 bps to 44.47% in 2025, then fell by 4 bps to 42.84% in 2026.
  • Per Business Quant, the three latest TYGO Gross Margin figures stand at 42.84% (Q1 2026), 44.47% (Q4 2025), and 42.66% (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 First Solar 22.08 Bn 19.65 Bn 486.13 Mn 46.55%
2 Nextpower 15.32 Bn 14.23 Bn 297.38 Mn 33.77%
3 Enphase Energy 4.98 Bn 4.05 Bn 100.39 Mn 35.49%
4 JinkoSolar Holding 3.20 Bn -107.75 Mn 147.66 Mn 8.32%
5 Solaredge Technologies 2.60 Bn 2.04 Bn 68.28 Mn 21.99%
6 Sunrun 2.35 Bn 687.09 Mn 407.49 Mn 56.42%
7 Shoals Technologies 1.55 Bn 1.55 Bn 41.01 Mn 29.18%
8 Canadian Solar 925.64 Mn 166.07 Mn 124.40 Mn 10.22%
9 Array Technologies 843.55 Mn 642.85 Mn 63.00 Mn 28.20%
10 Tigo Energy 123.38 Mn 111.81 Mn 10.79 Mn 42.84%

Historic Data

Download Data
DateValue
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%