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| Date | Value |
|---|---|
| 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 |