Tigo Energy (TYGO) Operating Expenses (2020 - 2026)
Tigo Energy (TYGO) posted Operating Expenses of $11.7 million for Q2 2026, down 11.57% on a QoQ basis from $13.2 million in Q1 2026, and down 4.82% year-over-year from $12.3 million in Q2 2025.
Analysis
Tigo Energy (TYGO) Operating Expenses (2020 - 2026) Analysis & Trends
Tigo Energy has reported Operating Expenses for 7 years, with the latest figure at $11.7 million in Q2 2026.
- On a quarterly basis, Operating Expenses fell 4.82% year-over-year to $11.7 million in Q2 2026; TTM through Jun 2026 was $50.3 million, a 6.74% increase from a year earlier, with the FY2025 full-year figure at $48.8 million, up 2.11% from the prior year.
- Operating Expenses was $11.7 million for Q2 2026 at Tigo Energy, down from $13.2 million in the prior quarter.
- The five-year high for Operating Expenses was $17.2 million in Q2 2023, with the low at $155407.0 in Q1 2022.
- Average Operating Expenses over 5 years is $11.3 million, with a median of $12.0 million recorded in 2024.
- The sharpest annual moves came in 2022 and 2024: Operating Expenses jumped 5468788.89% in 2022, then fell 29.8% in 2024.
- Over 5 years, Operating Expenses stood at $7.8 million in 2022, then jumped by 110.24% to $16.4 million in 2023, then dropped by 29.8% to $11.5 million in 2024, then grew by 12.97% to $13.0 million in 2025, then dropped by 10.33% to $11.7 million in 2026.
- The last three Operating Expenses figures came in at $11.7 million (Q2 2026), $13.2 million (Q1 2026), and $13.0 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 22.14 Bn | 20.41 Bn | 605.00 Mn | 154.62 Mn |
| 2 | Nextpower | 12.29 Bn | 11.07 Bn | 335.85 Mn | 144.95 Mn |
| 3 | Enphase Energy | 4.88 Bn | 3.94 Bn | 175.01 Mn | 123.50 Mn |
| 4 | Solaredge Technologies | 2.18 Bn | 1.60 Bn | 95.15 Mn | 111.20 Mn |
| 5 | T1 Energy | 1.30 Bn | 1.09 Bn | 49.10 Mn | 71.88 Mn |
| 6 | Shoals Technologies | 1.18 Bn | 1.16 Bn | 49.53 Mn | 30.80 Mn |
| 7 | Canadian Solar | 879.16 Mn | -587.34 Mn | 168.48 Mn | 239.53 Mn |
| 8 | Array Technologies | 697.01 Mn | 389.71 Mn | 99.60 Mn | 64.84 Mn |
| 9 | JinkoSolar Holding | 610.86 Mn | -2.07 Bn | 75.62 Mn | -287.32 Mn |
| 10 | Tigo Energy | 79.71 Mn | 62.80 Mn | 10.00 Mn | 11.68 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 11.68 Mn |
| Mar 31, 2026 | 13.20 Mn |
| Dec 31, 2025 | 13.02 Mn |
| Sep 30, 2025 | 12.41 Mn |
| Jun 30, 2025 | 12.27 Mn |
| Mar 31, 2025 | 11.15 Mn |
| Dec 31, 2024 | 11.53 Mn |
| Sep 30, 2024 | 12.19 Mn |
| Jun 30, 2024 | 12.27 Mn |
| Mar 31, 2024 | 11.85 Mn |
| Dec 31, 2023 | 16.42 Mn |
| Sep 30, 2023 | 15.38 Mn |
| Jun 30, 2023 | 17.24 Mn |
| Mar 31, 2023 | 10.55 Mn |
| Dec 31, 2022 | 7.81 Mn |
| Sep 30, 2022 | 8.68 Mn |
| Jun 30, 2022 | 4.92 Mn |
| Mar 31, 2022 | 155,407.00 |
| Dec 31, 2021 | 282,881.00 |
| Sep 30, 2021 | 132,787.00 |