Growth Metrics

Tigo Energy (TYGO) Operating Expenses (2020 - 2026)

Tigo Energy's 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 has reported Operating Expenses for 7 years, with the latest figure at $13.2 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Expenses rose 18.42% year-over-year to $13.2 million; the trailing twelve-month figure through Mar 2026 stood at $50.9 million (up 7.99% YoY), and the FY2025 full-year result 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.
  • Average Operating Expenses over 5 years is $11.2 million, with a median of $12.2 million recorded in 2024.
  • Year-over-year, Operating Expenses surged 5468788.89% in 2022 and retreated 29.8% in 2024.
  • Tracing TYGO's Operating Expenses over 5 years: 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 climbed 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 26.65 Bn 24.22 Bn 486.13 Mn 140.83 Mn
2 Nextpower 17.99 Bn 16.90 Bn 297.38 Mn 143.79 Mn
3 Canadian Solar 15.11 Bn 15.69 Bn 124.40 Mn 188.46 Mn
4 Enphase Energy 8.19 Bn 7.26 Bn 100.39 Mn 130.04 Mn
5 Solaredge Technologies 3.80 Bn 3.25 Bn 68.28 Mn 123.32 Mn
6 Sunrun 3.38 Bn 4.27 Bn 543.70 Mn 765.74 Mn
7 Shoals Technologies 1.60 Bn 1.60 Bn 41.01 Mn 33.29 Mn
8 Array Technologies 1.25 Bn 1.05 Bn 63.00 Mn 55.90 Mn
9 JinkoSolar Holding 677.44 Mn 2.29 Bn 147.66 Mn -232.93 Mn
10 Tigo Energy 288.14 Mn 276.56 Mn 10.79 Mn 13.20 Mn

Historic Data

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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
Mar 31, 2021 100.00
Dec 31, 2020 450.00
Sep 30, 2020 1,430.00