Tigo Energy (TYGO) Gross Margin (2022 - 2026)
Tigo Energy's Gross Margin came in at 39.35% for Q2 2026, down 5.40 percentage points from 44.74% a year earlier and down 3.49 percentage points from the prior quarter.
Tigo Energy (TYGO) Gross Margin (2022 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Tigo Energy reported Gross Margin of 42.43%, up 32.83 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 Q2 2026 figure represents the lowest quarterly Gross Margin since Q1 2025.
- Year-over-year, Gross Margin increased in five of the last eight quarters, with an average year-over-year change of +6.90 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 42.84% (Q1 2026), 44.47% (Q4 2025) and 42.66% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 252.99 Bn | 214.06 Bn | 2.36 Bn | 21.25% |
| 2 | Bloom Energy | 81.25 Bn | 73.07 Bn | 355.57 Mn | 33.38% |
| 3 | First Solar | 18.82 Bn | 9.78 Bn | 605.00 Mn | 57.28% |
| 4 | BWX Technologies | 12.55 Bn | 10.85 Bn | 202.31 Mn | 22.44% |
| 5 | Generac Holdings | 12.21 Bn | 11.04 Bn | 521.81 Mn | 44.47% |
| 6 | Nextpower | 11.82 Bn | 7.71 Bn | 335.85 Mn | 35.91% |
| 7 | EnerSys | 6.67 Bn | 4.86 Bn | 313.36 Mn | 33.49% |
| 8 | Enphase Energy | 4.36 Bn | -500.13 Mn | 175.01 Mn | 59.97% |
| 9 | Mirion Technologies | 3.45 Bn | 1.34 Bn | 133.10 Mn | 49.89% |
| 10 | Tigo Energy | 69.86 Mn | -6.61 Mn | 10.00 Mn | 39.35% |
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% |
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_KEY
import 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();