Tigo Energy (TYGO) Operating Expenses (2020 - 2026)
Tigo Energy (TYGO) posted quarterly Operating Expenses of $13.2 million for Q1 2026, up 18.42% year-over-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.
- 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 for Q1 2026 stood at $13.2 million, up from $13.0 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.
- The 5-year median for Operating Expenses is $12.2 million (2024), against an average of $11.2 million.
- The sharpest annual moves came in 2022 and 2024: Operating Expenses surged 5468788.89% in 2022, then dropped 29.8% in 2024.
- Tigo Energy's Operating Expenses stood at $7.8 million in 2022, then surged by 110.24% to $16.4 million in 2023, then decreased by 29.8% to $11.5 million in 2024, then advanced by 12.97% to $13.0 million in 2025, then gained by 1.41% to $13.2 million in 2026.
- Business Quant data shows TYGO's Operating Expenses at $13.2 million in Q1 2026, $13.0 million in Q4 2025, and $12.4 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 23.47 Bn | 21.74 Bn | 605.00 Mn | 154.62 Mn |
| 2 | Nextpower | 13.21 Bn | 12.00 Bn | 335.85 Mn | 144.95 Mn |
| 3 | Enphase Energy | 5.15 Bn | 4.21 Bn | 175.01 Mn | 123.50 Mn |
| 4 | Sunrun | 2.23 Bn | 2.23 Bn | 527.54 Mn | 835.20 Mn |
| 5 | Solaredge Technologies | 1.94 Bn | 1.36 Bn | 95.15 Mn | 111.20 Mn |
| 6 | Shoals Technologies | 1.23 Bn | 1.21 Bn | 49.53 Mn | 30.80 Mn |
| 7 | Canadian Solar | 1.01 Bn | -579.45 Mn | 124.40 Mn | 188.46 Mn |
| 8 | JinkoSolar Holding | 853.63 Mn | -2.45 Bn | 147.66 Mn | -232.93 Mn |
| 9 | Array Technologies | 730.86 Mn | 423.56 Mn | 99.60 Mn | 64.84 Mn |
| 10 | Tigo Energy | 84.29 Mn | 67.38 Mn | 10.00 Mn | 11.68 Mn |
Historic Data
Download 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 |