Tigo Energy (TYGO) Research & Development (2022 - 2026)
Tigo Energy (TYGO) posted quarterly Research & Development of $4.5 million for Q1 2026, up 107.02% year-over-year from $2.2 million in Q1 2025, and up 93.77% quarter-over-quarter from $2.3 million in Q4 2025.
Tigo Energy (TYGO) Research & Development (2022 - 2026) Analysis & Trends
Tigo Energy's Research & Development history runs 5 years deep, the most recent figure standing at $4.5 million for Q1 2026.
- In Q1 2026, Research & Development rose 107.02% year-over-year to $4.5 million; the TTM figure through Mar 2026 stood at $11.6 million (down 30.42% YoY), while the FY2025 annual figure was $9.2 million, down 45.37% from the prior year.
- Research & Development for Q1 2026 stood at $4.5 million, up from $2.3 million in the prior quarter.
- The five-year high for Research & Development was $9.3 million in Q4 2024, with the low at $1.4 million in Q2 2022.
- The 5-year median for Research & Development is $2.5 million (2024), against an average of $3.4 million.
- The sharpest annual moves came in 2025 and 2026: Research & Development tumbled 75.17% in 2025, then soared 107.02% in 2026.
- Tigo Energy's Research & Development stood at $3.6 million in 2022, then surged by 59.36% to $5.7 million in 2023, then jumped by 62.11% to $9.3 million in 2024, then sank by 75.17% to $2.3 million in 2025, then jumped by 93.77% to $4.5 million in 2026.
- Business Quant data shows TYGO's Research & Development at $4.5 million in Q1 2026, $2.3 million in Q4 2025, and $2.5 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 23.03 Bn | 21.30 Bn | 605.00 Mn | 76.24 Mn |
| 2 | Nextpower | 13.25 Bn | 12.03 Bn | 335.85 Mn | 44.51 Mn |
| 3 | Enphase Energy | 5.07 Bn | 4.13 Bn | 175.01 Mn | 45.66 Mn |
| 4 | Sunrun | 2.24 Bn | 2.24 Bn | 527.54 Mn | 190.68 Mn |
| 5 | Solaredge Technologies | 1.89 Bn | 1.31 Bn | 95.15 Mn | 52.75 Mn |
| 6 | Shoals Technologies | 1.24 Bn | 1.22 Bn | 49.53 Mn | - |
| 7 | Canadian Solar | 991.33 Mn | -596.96 Mn | 124.40 Mn | 81.05 Mn |
| 8 | JinkoSolar Holding | 831.90 Mn | -2.48 Bn | 147.66 Mn | -33.12 Mn |
| 9 | Array Technologies | 727.79 Mn | 420.48 Mn | 99.60 Mn | - |
| 10 | Tigo Energy | 83.15 Mn | 66.23 Mn | 10.00 Mn | 4.05 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 4.05 Mn |
| Mar 31, 2026 | 4.48 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 | 9.31 Mn |
| Sep 30, 2024 | 2.43 Mn |
| Jun 30, 2024 | 2.70 Mn |
| Mar 31, 2024 | 2.47 Mn |
| Dec 31, 2023 | 5.75 Mn |
| Sep 30, 2023 | 5.60 Mn |
| Jun 30, 2023 | 2.42 Mn |
| Mar 31, 2023 | 2.21 Mn |
| Dec 31, 2022 | 3.61 Mn |
| Sep 30, 2022 | 3.01 Mn |
| Jun 30, 2022 | 1.42 Mn |