Tigo Energy (TYGO) Operating Expenses (2020 - 2026)
Tigo Energy's (TYGO) quarterly Operating Expenses came in at $13.2 million in Q1 2026, up 18.42% year-on-year from $11.2 million in Q1 2025, and up 1.41% quarter-over-quarter from $13.0 million in Q4 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.
- On a quarterly basis, Operating Expenses rose 18.42% year-over-year to $13.2 million in Q1 2026; TTM through Mar 2026 was $50.9 million, a 7.99% increase from a year earlier, with the FY2025 full-year figure at $48.8 million, up 2.11% from the prior year.
- Operating Expenses improved to $13.2 million in Q1 2026 per TYGO's latest filing, from $13.0 million in the prior quarter.
- Across five years, Operating Expenses topped out at $17.2 million in Q2 2023 and bottomed at $155407.0 in Q1 2022.
- The 5-year median for Operating Expenses is $12.2 million (2024), against an average of $11.2 million.
- Across the five-year window, Operating Expenses surged 5468788.89% in 2022 and retreated 29.8% in 2024, its largest moves.
- Year by year, Operating Expenses 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.
- Per Business Quant, the three latest TYGO Operating Expenses figures stand at $13.2 million (Q1 2026), $13.0 million (Q4 2025), and $12.4 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 22.08 Bn | 19.65 Bn | 486.13 Mn | 140.83 Mn |
| 2 | Nextpower | 15.32 Bn | 14.23 Bn | 297.38 Mn | 143.79 Mn |
| 3 | Enphase Energy | 4.98 Bn | 4.05 Bn | 100.39 Mn | 130.04 Mn |
| 4 | JinkoSolar Holding | 3.20 Bn | -107.75 Mn | 147.66 Mn | -232.93 Mn |
| 5 | Solaredge Technologies | 2.60 Bn | 2.04 Bn | 68.28 Mn | 123.32 Mn |
| 6 | Sunrun | 2.35 Bn | 687.09 Mn | 407.49 Mn | 765.74 Mn |
| 7 | Shoals Technologies | 1.55 Bn | 1.55 Bn | 41.01 Mn | 33.29 Mn |
| 8 | Canadian Solar | 925.64 Mn | 166.07 Mn | 124.40 Mn | 188.46 Mn |
| 9 | Array Technologies | 843.55 Mn | 642.85 Mn | 63.00 Mn | 55.90 Mn |
| 10 | Tigo Energy | 123.38 Mn | 111.81 Mn | 10.79 Mn | 13.20 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 |