Tigo Energy (TYGO) Operating Margin (2022 - 2026)
Tigo Energy (TYGO) posted Operating Margin of 6.61% for Q2 2026, up 30.86% on a QoQ basis from 9.56% in Q1 2026, and down 36.0% year-over-year from 10.33% in Q2 2025.
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Tigo Energy (TYGO) Operating Margin (2022 - 2026) Analysis & Trends
Tigo Energy has reported Operating Margin for 5 years, with the latest figure at 6.61% in Q2 2026.
- On a quarterly basis, Operating Margin fell 36.0% year-over-year to 6.61% in Q2 2026; TTM through Jun 2026 was 2.79%, a 5095.0% increase from a year earlier, with the FY2025 full-year figure at 4.35%, up 9192.0% from the prior year.
- Operating Margin was 6.61% for Q2 2026 at Tigo Energy, up from 9.56% in the prior quarter.
- The five-year high for Operating Margin was 15.62% in Q1 2023, with the low at 146.48% in Q4 2023.
- Average Operating Margin over 5 years is 34.96%, with a median of 9.17% recorded in 2022.
- The sharpest annual moves came in 2023 and 2025: Operating Margin slumped 15346 bps in 2023, then surged 14056 bps in 2025.
- Over 5 years, Operating Margin stood at 6.98% in 2022, then slumped by 2199 bps to 146.48% in 2023, then increased by 5 bps to 139.45% in 2024, then surged by 101 bps to 1.11% in 2025, then tumbled by 696 bps to 6.61% in 2026.
- The last three Operating Margin figures came in at 6.61% (Q2 2026), 9.56% (Q1 2026), and 1.11% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 22.26 Bn | 20.53 Bn | 605.00 Mn | 42.64% |
| 2 | Nextpower | 12.25 Bn | 11.04 Bn | 335.85 Mn | 20.41% |
| 3 | Enphase Energy | 4.86 Bn | 3.93 Bn | 175.01 Mn | 17.65% |
| 4 | Solaredge Technologies | 2.25 Bn | 1.67 Bn | 95.15 Mn | -4.63% |
| 5 | T1 Energy | 1.29 Bn | 1.08 Bn | 49.10 Mn | -9.11% |
| 6 | Shoals Technologies | 1.19 Bn | 1.18 Bn | 49.53 Mn | 11.46% |
| 7 | Canadian Solar | 877.81 Mn | -588.69 Mn | 168.48 Mn | -5.88% |
| 8 | Array Technologies | 700.09 Mn | 392.79 Mn | 99.60 Mn | 10.16% |
| 9 | JinkoSolar Holding | 608.82 Mn | -2.07 Bn | 75.62 Mn | -11.62% |
| 10 | Tigo Energy | 78.57 Mn | 61.66 Mn | 10.00 Mn | -6.61% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -6.61% |
| Mar 31, 2026 | -9.56% |
| Dec 31, 2025 | 1.11% |
| Sep 30, 2025 | 2.12% |
| Jun 30, 2025 | -6.25% |
| Mar 31, 2025 | -21.11% |
| Dec 31, 2024 | -139.45% |
| Sep 30, 2024 | -73.17% |
| Jun 30, 2024 | -66.16% |
| Mar 31, 2024 | -92.72% |
| Dec 31, 2023 | -146.48% |
| Sep 30, 2023 | -65.59% |
| Jun 30, 2023 | 12.59% |
| Mar 31, 2023 | 15.62% |
| Dec 31, 2022 | 6.98% |
| Sep 30, 2022 | -9.17% |
| Jun 30, 2022 | 3.46% |