Tigo Energy (TYGO) Research & Development (2022 - 2026)
Tigo Energy's quarterly Research & Development came in at $2.6 million in Q1 2026, up 22.18% year-on-year from $2.2 million in Q1 2025, and up 14.36% quarter-over-quarter from $2.3 million in Q4 2025.
Tigo Energy has reported Research & Development for 5 years, with the latest figure at $2.6 million in Q1 2026.
- For the quarter ending Q1 2026, Research & Development rose 22.18% year-over-year to $2.6 million; the trailing twelve-month figure through Mar 2026 stood at $9.7 million (up 1.79% YoY), and the FY2025 full-year result was $9.2 million, down 6.25% from the prior year.
- Research & Development for Q1 2026 stood at $2.6 million, up from $2.3 million in the prior quarter.
- The five-year high for Research & Development was $2.7 million in Q2 2024, with the low at $1.2 million in Q4 2022.
- Average Research & Development over 5 years is $2.2 million, with a median of $2.4 million recorded in 2023.
- Year-over-year, Research & Development soared 101.74% in 2023 and declined 16.16% in 2025.
- Tracing TYGO's Research & Development over 5 years: stood at $1.2 million in 2022, then soared by 101.74% to $2.4 million in 2023, then declined by 7.44% to $2.3 million in 2024, then increased by 2.66% to $2.3 million in 2025, then grew by 14.36% to $2.6 million in 2026.
- The last three Research & Development figures came in at $2.6 million (Q1 2026), $2.3 million (Q4 2025), and $2.5 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 26.65 Bn | 24.22 Bn | 486.13 Mn | 66.94 Mn |
| 2 | Nextpower | 17.99 Bn | 16.90 Bn | 297.38 Mn | 43.17 Mn |
| 3 | Canadian Solar | 15.11 Bn | 15.69 Bn | 124.40 Mn | 21.68 Mn |
| 4 | Enphase Energy | 8.19 Bn | 7.26 Bn | 100.39 Mn | 44.87 Mn |
| 5 | Solaredge Technologies | 3.80 Bn | 3.25 Bn | 68.28 Mn | 50.16 Mn |
| 6 | Sunrun | 3.38 Bn | 4.27 Bn | 543.70 Mn | 10.14 Mn |
| 7 | Shoals Technologies | 1.60 Bn | 1.60 Bn | 41.01 Mn | - |
| 8 | Array Technologies | 1.25 Bn | 1.05 Bn | 63.00 Mn | - |
| 9 | JinkoSolar Holding | 677.44 Mn | 2.29 Bn | 147.66 Mn | -33.12 Mn |
| 10 | Tigo Energy | 288.14 Mn | 276.56 Mn | 10.79 Mn | 2.64 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.64 Mn |
| Dec 31, 2025 | 2.31 Mn |
| Sep 30, 2025 | 2.50 Mn |
| Jun 30, 2025 | 2.27 Mn |
| Mar 31, 2025 | 2.16 Mn |
| Dec 31, 2024 | 2.25 Mn |
| Sep 30, 2024 | 2.43 Mn |
| Jun 30, 2024 | 2.70 Mn |
| Mar 31, 2024 | 2.47 Mn |
| Dec 31, 2023 | 2.43 Mn |
| Sep 30, 2023 | 2.43 Mn |
| Jun 30, 2023 | 2.42 Mn |
| Mar 31, 2023 | 2.21 Mn |
| Dec 31, 2022 | 1.21 Mn |
| Sep 30, 2022 | 1.62 Mn |
| Jun 30, 2022 | 1.42 Mn |