Tigo Energy (TYGO) Gross Profit (2022 - 2026)
Tigo Energy's (TYGO) quarterly Gross Profit came in at $10.8 million in Q1 2026, up 50.48% year-on-year from $7.2 million in Q1 2025, and down 19.17% quarter-over-quarter from $13.4 million in Q4 2025.
Tigo Energy (TYGO) Gross Profit (2022 - 2026) Analysis & Trends
Tigo Energy's Gross Profit history runs 5 years deep, the most recent figure standing at $10.8 million for Q1 2026.
- On a quarterly basis, Gross Profit rose 50.48% year-over-year to $10.8 million in Q1 2026; TTM through Mar 2026 was $48.0 million, a 19012.35% increase from a year earlier, with the FY2025 full-year figure at $44.4 million, up 1167.16% from the prior year.
- Gross Profit declined to $10.8 million in Q1 2026 per TYGO's latest filing, from $13.4 million in the prior quarter.
- Across five years, Gross Profit topped out at $25.9 million in Q2 2023 and bottomed at -$12.6 million in Q4 2024.
- The 5-year median for Gross Profit is $6.9 million (2022), against an average of $7.8 million.
- Across the five-year window, Gross Profit plunged 536.82% in 2024 and surged 636.25% in 2025, its largest moves.
- Year by year, Gross Profit stood at $10.0 million in 2022, then plunged by 71.15% to $2.9 million in 2023, then plunged by 536.82% to -$12.6 million in 2024, then surged by 206.3% to $13.4 million in 2025, then fell by 19.17% to $10.8 million in 2026.
- Per Business Quant, the three latest TYGO Gross Profit figures stand at $10.8 million (Q1 2026), $13.4 million (Q4 2025), and $13.1 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | First Solar | 22.08 Bn | 19.65 Bn | 486.13 Mn |
| 2 | Nextpower | 15.32 Bn | 14.23 Bn | 297.38 Mn |
| 3 | Enphase Energy | 4.98 Bn | 4.05 Bn | 100.39 Mn |
| 4 | JinkoSolar Holding | 3.20 Bn | -107.75 Mn | 147.66 Mn |
| 5 | Solaredge Technologies | 2.60 Bn | 2.04 Bn | 68.28 Mn |
| 6 | Sunrun | 2.35 Bn | 687.09 Mn | 407.49 Mn |
| 7 | Shoals Technologies | 1.55 Bn | 1.55 Bn | 41.01 Mn |
| 8 | Canadian Solar | 925.64 Mn | 166.07 Mn | 124.40 Mn |
| 9 | Array Technologies | 843.55 Mn | 642.85 Mn | 63.00 Mn |
| 10 | Tigo Energy | 123.38 Mn | 111.81 Mn | 10.79 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 10.79 Mn |
| Mar 31, 2026 | 10.79 Mn |
| Dec 31, 2025 | 13.35 Mn |
| Dec 31, 2025 | 13.35 Mn |
| Sep 30, 2025 | 13.06 Mn |
| Sep 30, 2025 | 13.06 Mn |
| Jun 30, 2025 | 10.76 Mn |
| Jun 30, 2025 | 10.76 Mn |
| Mar 31, 2025 | 7.17 Mn |
| Mar 31, 2025 | 7.17 Mn |
| Dec 31, 2024 | -12.56 Mn |
| Dec 31, 2024 | -12.56 Mn |
| Sep 30, 2024 | 1.77 Mn |
| Sep 30, 2024 | 1.77 Mn |
| Jun 30, 2024 | 3.87 Mn |
| Jun 30, 2024 | 3.87 Mn |
| Mar 31, 2024 | 2.77 Mn |
| Mar 31, 2024 | 2.77 Mn |
| Dec 31, 2023 | 2.88 Mn |
| Dec 31, 2023 | 2.88 Mn |