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
DateValue
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