Tigo Energy (TYGO) Operating Expenses (2020 - 2026)
Tigo Energy (TYGO) recorded quarterly Operating Expenses of $13.2 million in Q1 2026, up 1.41% quarter-over-quarter from $13.0 million in Q4 2025, and up 18.42% on a YoY basis from $11.2 million in Q1 2025.
Tigo Energy (TYGO) Operating Expenses (2020 - 2026) Analysis & Trends
Tigo Energy's Operating Expenses history runs 7 years deep, the most recent figure standing at $13.2 million for Q1 2026.
- In Q1 2026, Operating Expenses rose 18.42% year-over-year to $13.2 million; the TTM figure through Mar 2026 stood at $50.9 million (up 7.99% YoY), while the FY2025 annual figure was $48.8 million, up 2.11% from the prior year.
- Operating Expenses was $13.2 million for Q1 2026 at Tigo Energy, up from $13.0 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $17.2 million in Q2 2023 to a low of $155407.0 in Q1 2022.
- Historically, Operating Expenses has averaged $11.2 million across 5 years, with a median of $12.2 million in 2024.
- The sharpest annual moves came in 2022 and 2024: Operating Expenses soared 5468788.89% in 2022, then declined 29.8% in 2024.
- A 5-year view of Operating Expenses shows it stood at $7.8 million in 2022, then soared by 110.24% to $16.4 million in 2023, then slipped by 29.8% to $11.5 million in 2024, then climbed by 12.97% to $13.0 million in 2025, then advanced by 1.41% to $13.2 million in 2026.
- The last three Operating Expenses figures came in at $13.2 million (Q1 2026), $13.0 million (Q4 2025), and $12.4 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 28.68 Bn | 26.25 Bn | 486.13 Mn | 140.83 Mn |
| 2 | Nextpower | 18.03 Bn | 16.93 Bn | 297.38 Mn | 143.79 Mn |
| 3 | Enphase Energy | 7.16 Bn | 6.23 Bn | 100.39 Mn | 130.04 Mn |
| 4 | Solaredge Technologies | 3.68 Bn | 3.13 Bn | 68.28 Mn | 123.32 Mn |
| 5 | Sunrun | 3.02 Bn | 3.91 Bn | 543.70 Mn | 765.74 Mn |
| 6 | Shoals Technologies | 1.75 Bn | 1.75 Bn | 41.01 Mn | 33.29 Mn |
| 7 | Array Technologies | 1.19 Bn | 987.00 Mn | 63.00 Mn | 55.90 Mn |
| 8 | JinkoSolar Holding | 596.69 Mn | 2.20 Bn | 147.66 Mn | -232.93 Mn |
| 9 | Tigo Energy | 209.39 Mn | 197.82 Mn | 10.79 Mn | 13.20 Mn |
| 10 | Skycorp Solar | 110.38 Mn | 103.60 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 90.00 |