Tigo Energy (TYGO) Payables (2020 - 2026)
Tigo Energy (TYGO) posted Payables of $11.3 million for Q2 2026, down 20.08% on a QoQ basis from $14.1 million in Q1 2026, and down 80.98% year-over-year from $59.2 million in Q2 2025.
Analysis
Tigo Energy (TYGO) Payables (2020 - 2026) Analysis & Trends
Tigo Energy has reported Payables for 7 years, with the latest figure at $11.3 million in Q2 2026.
- On a quarterly basis, Payables fell 80.98% year-over-year to $11.3 million in Q2 2026; TTM through Jun 2026 was $11.3 million, a 80.98% decrease from a year earlier, with the FY2025 full-year figure at $29.2 million, up 261.47% from the prior year.
- Payables was $11.3 million for Q2 2026 at Tigo Energy, down from $14.1 million in the prior quarter.
- The five-year high for Payables was $75.6 million in Q3 2025, with the low at $112744.0 in Q2 2022.
- Average Payables over 5 years is $21.6 million, with a median of $13.0 million recorded in 2024.
- The sharpest annual moves came in 2023 and 2024: Payables jumped 48339.83% in 2023, then slumped 87.03% in 2024.
- Over 5 years, Payables stood at $23.7 million in 2022, then tumbled by 33.76% to $15.7 million in 2023, then sank by 48.5% to $8.1 million in 2024, then soared by 261.47% to $29.2 million in 2025, then slumped by 61.43% to $11.3 million in 2026.
- The last three Payables figures came in at $11.3 million (Q2 2026), $14.1 million (Q1 2026), and $29.2 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 22.26 Bn | 20.53 Bn | 605.00 Mn | 346.33 Mn |
| 2 | Nextpower | 12.25 Bn | 11.04 Bn | 335.85 Mn | 535.97 Mn |
| 3 | Enphase Energy | 4.86 Bn | 3.93 Bn | 175.01 Mn | 124.59 Mn |
| 4 | Solaredge Technologies | 2.25 Bn | 1.67 Bn | 95.15 Mn | 460.14 Mn |
| 5 | T1 Energy | 1.29 Bn | 1.08 Bn | 49.10 Mn | 127.09 Mn |
| 6 | Shoals Technologies | 1.19 Bn | 1.18 Bn | 49.53 Mn | 65.98 Mn |
| 7 | Canadian Solar | 877.81 Mn | -588.69 Mn | 168.48 Mn | 4.13 Bn |
| 8 | Array Technologies | 700.09 Mn | 392.79 Mn | 99.60 Mn | 161.09 Mn |
| 9 | JinkoSolar Holding | 608.82 Mn | -2.07 Bn | 75.62 Mn | 3.17 Bn |
| 10 | Tigo Energy | 78.57 Mn | 61.66 Mn | 10.00 Mn | 11.26 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 11.26 Mn |
| 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 | 54.61 Mn |
| Mar 31, 2023 | 1.15 Mn |
| Dec 31, 2022 | 23.68 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 |