Tigo Energy (TYGO) Operating Margin (2022 - 2026)
Tigo Energy (TYGO) recorded Operating Margin of -0.32% in Q3 2026, down 2.44 percentage points from 2.12% a year earlier but up 6.29 percentage points from the prior quarter.
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Analysis
Tigo Energy (TYGO) Operating Margin (2022 - 2026) Analysis & Trends
On a TTM basis, Tigo Energy's Operating Margin came in at -3.66% as of Sep 30, 2026, up 28.20 percentage points year-over-year; for FY2025, it was -4.35%, up 91.92 percentage points from FY2024.
- Annual Operating Margin has a three-year change of -3.24 percentage points (FY2022 to FY2025).
- Across earlier years, Operating Margin came in at -96.27% in FY2024 (-90.57 pp), -5.70% in FY2023 (-4.60 pp) and -1.10% in FY2022.
- Quarterly Operating Margin has ranged from -146.48% in Q4 2023 to 15.62% in Q1 2023 over the past five years.
- On a year-over-year basis, Operating Margin rose in six of the last eight quarters, with an average year-over-year change of +45.39 percentage points.
- Peak year-over-year performance for Operating Margin in the last five years was a gain of 140.56 percentage points in Q4 2025, against a drop of 153.46 percentage points in Q4 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at -6.61% (Q2 2026), -9.56% (Q1 2026) and 1.11% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 212.47 Bn | 164.72 Bn | 3.11 Bn | 11.03% |
| 2 | Bloom Energy | 56.73 Bn | 46.66 Bn | 417.10 Mn | 18.24% |
| 3 | First Solar | 18.42 Bn | 9.79 Bn | 713.06 Mn | 44.37% |
| 4 | Nextpower | 14.32 Bn | 10.03 Bn | 345.32 Mn | 18.71% |
| 5 | BWX Technologies | 11.27 Bn | 9.04 Bn | 227.14 Mn | 13.86% |
| 6 | Generac Holdings | 11.25 Bn | 9.99 Bn | 516.04 Mn | 12.40% |
| 7 | Innio | 10.93 Bn | 7.17 Bn | 367.70 Mn | 16.58% |
| 8 | EnerSys | 5.13 Bn | 3.44 Bn | 284.35 Mn | 12.15% |
| 9 | Mirion Technologies | 4.30 Bn | 2.71 Bn | 131.50 Mn | 6.19% |
| 10 | Tigo Energy | 46.54 Mn | -6.37 Mn | 11.10 Mn | -0.32% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -0.32% |
| 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% |
API Access
Tigo Energy Operating Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-margin&ticker=TYGO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "ticker": "TYGO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-margin&ticker=TYGO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();