Tigo Energy (TYGO) Net Income (2020 - 2026)
Tigo Energy (TYGO) posted Net Income of $2.2 million for Q2 2026, up 227.19% on a QoQ basis from -$1.7 million in Q1 2026, and up 149.21% year-over-year from $874764.5 in Q2 2025.
Analysis
Tigo Energy (TYGO) Net Income (2020 - 2026) Analysis & Trends
Tigo Energy has reported Net Income for 7 years, with the latest figure at $2.2 million in Q2 2026.
- On a quarterly basis, Net Income rose 149.21% year-over-year to $2.2 million in Q2 2026; TTM through Jun 2026 was $9.1 million, a 117.75% increase from a year earlier, with the FY2025 full-year figure at -$2.7 million, up 95.63% from the prior year.
- Net Income was $2.2 million for Q2 2026 at Tigo Energy, up from -$1.7 million in the prior quarter.
- The five-year high for Net Income was $29.0 million in Q3 2023, with the low at -$27.0 million in Q4 2024.
- Average Net Income over 5 years is -$4.2 million, with a median of -$2.3 million recorded in 2022.
- The largest YoY upside for Net Income was 197877.78% in 2022 against a maximum downside of 121527.0% in 2022.
- Over 5 years, Net Income stood at $661000.0 in 2022, then slumped by 2424.05% to -$15.4 million in 2023, then tumbled by 75.65% to -$27.0 million in 2024, then surged by 140.21% to $10.8 million in 2025, then plunged by 79.91% to $2.2 million in 2026.
- The last three Net Income figures came in at $2.2 million (Q2 2026), -$1.7 million (Q1 2026), and $10.8 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 22.26 Bn | 20.53 Bn | 605.00 Mn | 422.57 Mn |
| 2 | Nextpower | 12.25 Bn | 11.04 Bn | 335.85 Mn | 165.36 Mn |
| 3 | Enphase Energy | 4.86 Bn | 3.93 Bn | 175.01 Mn | 36.08 Mn |
| 4 | Solaredge Technologies | 2.25 Bn | 1.67 Bn | 95.15 Mn | -30.75 Mn |
| 5 | T1 Energy | 1.29 Bn | 1.08 Bn | 49.10 Mn | -43.54 Mn |
| 6 | Shoals Technologies | 1.19 Bn | 1.18 Bn | 49.53 Mn | 12.14 Mn |
| 7 | Canadian Solar | 877.81 Mn | -588.69 Mn | 168.48 Mn | -85.77 Mn |
| 8 | Array Technologies | 700.09 Mn | 392.79 Mn | 99.60 Mn | 24.32 Mn |
| 9 | JinkoSolar Holding | 608.82 Mn | -2.07 Bn | 75.62 Mn | -214.75 Mn |
| 10 | Tigo Energy | 78.57 Mn | 61.66 Mn | 10.00 Mn | 2.18 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.18 Mn |
| Mar 31, 2026 | -1.71 Mn |
| Dec 31, 2025 | 10.85 Mn |
| Sep 30, 2025 | -2.17 Mn |
| Jun 30, 2025 | -4.43 Mn |
| Mar 31, 2025 | -7.01 Mn |
| Dec 31, 2024 | -26.98 Mn |
| Sep 30, 2024 | -13.12 Mn |
| Jun 30, 2024 | -11.32 Mn |
| Mar 31, 2024 | -11.51 Mn |
| Dec 31, 2023 | -15.36 Mn |
| Sep 30, 2023 | 29.02 Mn |
| Jun 30, 2023 | -22.18 Mn |
| Mar 31, 2023 | -411,082.00 |
| Dec 31, 2022 | 661,000.00 |
| Sep 30, 2022 | -2.42 Mn |
| Jun 30, 2022 | 178,000.00 |
| Mar 31, 2022 | -121,627.00 |
| Dec 31, 2021 | -274,182.00 |
| Sep 30, 2021 | -128,170.00 |