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

Tigo Energy (TYGO) recorded quarterly Gross Margin of 42.84% in Q1 2026, down 3.67% quarter-over-quarter from 44.47% in Q4 2025, and up 476.0% on a YoY basis from 7.44% in Q1 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 was 42.84% for Q1 2026 at Tigo Energy, down from 44.47% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 44.74% in Q2 2025 to a low of 72.73% in Q4 2024.
  • Historically, Gross Margin has averaged 27.09% across 5 years, with a median of 31.79% in 2022.
  • The sharpest annual moves came in 2024 and 2025: Gross Margin slumped 10384 bps in 2024, then jumped 11720 bps in 2025.
  • A 5-year view of Gross Margin shows it stood at 32.22% in 2022, then decreased by 3 bps to 31.11% in 2023, then plunged by 334 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.
  • The last three Gross Margin figures came in at 42.84% (Q1 2026), 44.47% (Q4 2025), and 42.66% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 First Solar 28.68 Bn 26.25 Bn 486.13 Mn 46.55%
2 Nextpower 18.03 Bn 16.93 Bn 297.38 Mn 33.77%
3 Enphase Energy 7.16 Bn 6.23 Bn 100.39 Mn 35.49%
4 Solaredge Technologies 3.68 Bn 3.13 Bn 68.28 Mn 21.99%
5 Sunrun 3.02 Bn 3.91 Bn 543.70 Mn 75.28%
6 Shoals Technologies 1.75 Bn 1.75 Bn 41.01 Mn 29.18%
7 Array Technologies 1.19 Bn 987.00 Mn 63.00 Mn 28.20%
8 JinkoSolar Holding 596.69 Mn 2.20 Bn 147.66 Mn 8.32%
9 Tigo Energy 209.39 Mn 197.82 Mn 10.79 Mn 42.84%
10 Skycorp Solar 110.38 Mn 103.60 Mn - -

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 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%