Tigo Energy (TYGO) Operating Margin (2022 - 2026)
Tigo Energy (TYGO) recorded quarterly Operating Margin of 9.56% in Q1 2026, down 162.93% quarter-over-quarter from 15.2% in Q4 2025, and up 1155.0% on a YoY basis from 0.76% in Q1 2025.
Tigo Energy (TYGO) Operating Margin (2022 - 2026) Analysis & Trends
Tigo Energy's Operating Margin history runs 5 years deep, the most recent figure standing at 9.56% for Q1 2026.
- In Q1 2026, Operating Margin rose 1155.0% year-over-year to 9.56%; the TTM figure through Mar 2026 stood at 1.18% (up 7554.0% YoY), while the FY2025 annual figure was 0.26%, up 9601.0% from the prior year.
- Operating Margin was 9.56% for Q1 2026 at Tigo Energy, down from 15.2% in the prior quarter.
- In the past five years, Operating Margin ranged from a high of 15.62% in Q1 2023 to a low of 146.48% in Q4 2023.
- Historically, Operating Margin has averaged 35.86% across 5 years, with a median of 9.37% in 2022.
- The sharpest annual moves came in 2023 and 2025: Operating Margin tumbled 15346 bps in 2023, then surged 15465 bps in 2025.
- A 5-year view of Operating Margin shows it stood at 6.98% in 2022, then tumbled by 2199 bps to 146.48% in 2023, then grew by 5 bps to 139.45% in 2024, then surged by 111 bps to 15.2% in 2025, then tumbled by 163 bps to 9.56% in 2026.
- The last three Operating Margin figures came in at 9.56% (Q1 2026), 15.2% (Q4 2025), and 2.12% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 28.68 Bn | 26.25 Bn | 486.13 Mn | 33.07% |
| 2 | Nextpower | 18.03 Bn | 16.93 Bn | 297.38 Mn | 17.44% |
| 3 | Enphase Energy | 7.16 Bn | 6.23 Bn | 100.39 Mn | -10.48% |
| 4 | Solaredge Technologies | 3.68 Bn | 3.13 Bn | 68.28 Mn | -17.73% |
| 5 | Sunrun | 3.02 Bn | 3.91 Bn | 543.70 Mn | -6.02% |
| 6 | Shoals Technologies | 1.75 Bn | 1.75 Bn | 41.01 Mn | 5.49% |
| 7 | Array Technologies | 1.19 Bn | 987.00 Mn | 63.00 Mn | 3.18% |
| 8 | JinkoSolar Holding | 596.69 Mn | 2.20 Bn | 147.66 Mn | -4.80% |
| 9 | Tigo Energy | 209.39 Mn | 197.82 Mn | 10.79 Mn | -9.56% |
| 10 | Skycorp Solar | 110.38 Mn | 103.60 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -9.56% |
| Dec 31, 2025 | 15.20% |
| 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% |