Tigo Energy (TYGO) Payables (2020 - 2026)

Tigo Energy (TYGO) recorded quarterly Payables of $14.1 million in Q1 2026, down 51.73% quarter-over-quarter from $29.2 million in Q4 2025, and down 72.21% on a YoY basis from $50.7 million in Q1 2025.

Tigo Energy (TYGO) Payables (2020 - 2026) Analysis & Trends

Tigo Energy's Payables history runs 7 years deep, the most recent figure standing at $14.1 million for Q1 2026.

  • In Q1 2026, Payables fell 72.21% year-over-year to $14.1 million; the TTM figure through Mar 2026 stood at $14.1 million (down 72.21% YoY), while the FY2025 annual figure was $29.2 million, up 261.47% from the prior year.
  • Payables was $14.1 million for Q1 2026 at Tigo Energy, down from $29.2 million in the prior quarter.
  • In the past five years, Payables ranged from a high of $75.6 million in Q3 2025 to a low of $112744.0 in Q2 2022.
  • Historically, Payables has averaged $22.1 million across 5 years, with a median of $14.1 million in 2026.
  • The sharpest annual moves came in 2023 and 2024: Payables surged 47902.55% in 2023, then sank 86.91% in 2024.
  • A 5-year view of Payables shows it stood at $23.3 million in 2022, then tumbled by 32.64% to $15.7 million in 2023, then slumped by 48.5% to $8.1 million in 2024, then surged by 261.47% to $29.2 million in 2025, then slumped by 51.73% to $14.1 million in 2026.
  • The last three Payables figures came in at $14.1 million (Q1 2026), $29.2 million (Q4 2025), and $75.6 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Payables (Qtr)
1 First Solar 28.68 Bn 26.25 Bn 486.13 Mn 306.83 Mn
2 Nextpower 18.03 Bn 16.93 Bn 297.38 Mn 533.49 Mn
3 Enphase Energy 7.16 Bn 6.23 Bn 100.39 Mn 113.46 Mn
4 Solaredge Technologies 3.68 Bn 3.13 Bn 68.28 Mn 404.51 Mn
5 Sunrun 3.02 Bn 3.91 Bn 543.70 Mn 343.23 Mn
6 Shoals Technologies 1.75 Bn 1.75 Bn 41.01 Mn 80.43 Mn
7 Array Technologies 1.19 Bn 987.00 Mn 63.00 Mn 142.17 Mn
8 JinkoSolar Holding 596.69 Mn 2.20 Bn 147.66 Mn 3.45 Bn
9 Tigo Energy 209.39 Mn 197.82 Mn 10.79 Mn 14.09 Mn
10 Skycorp Solar 110.38 Mn 103.60 Mn - 2.24 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 14.09 Mn
Dec 31, 2025 29.20 Mn
Sep 30, 2025 75.57 Mn
Jun 30, 2025 59.21 Mn
Mar 31, 2025 50.71 Mn
Dec 31, 2024 8.08 Mn
Sep 30, 2024 11.84 Mn
Jun 30, 2024 7.09 Mn
Mar 31, 2024 6.03 Mn
Dec 31, 2023 15.69 Mn
Sep 30, 2023 19.49 Mn
Jun 30, 2023 54.12 Mn
Mar 31, 2023 1.15 Mn
Dec 31, 2022 23.29 Mn
Sep 30, 2022 153,619.00
Jun 30, 2022 112,744.00
Mar 31, 2022 122,193.00
Dec 31, 2021 244,793.00
Jun 30, 2021 200,000.00
Dec 31, 2020 1,450.00