Tigo Energy (TYGO) Research & Development (2022 - 2026)
Tigo Energy (TYGO) posted Research & Development of $4.0 million for Q2 2026, down 9.64% on a QoQ basis from $4.5 million in Q1 2026, and down 8.25% year-over-year from $4.4 million in Q2 2025.
Analysis
Tigo Energy (TYGO) Research & Development (2022 - 2026) Analysis & Trends
Tigo Energy has reported Research & Development for 5 years, with the latest figure at $4.0 million in Q2 2026.
- On a quarterly basis, Research & Development fell 8.25% year-over-year to $4.0 million in Q2 2026; TTM through Jun 2026 was $17.6 million, a 6.3% increase from a year earlier, with the FY2025 full-year figure at $17.4 million, up 3.05% from the prior year.
- Research & Development was $4.0 million for Q2 2026 at Tigo Energy, down from $4.5 million in the prior quarter.
- The five-year high for Research & Development was $5.7 million in Q4 2023, with the low at $2.3 million in Q2 2022.
- Average Research & Development over 5 years is $4.3 million, with a median of $4.4 million recorded in 2025.
- The sharpest annual moves came in 2023 and 2024: Research & Development soared 127.24% in 2023, then sank 32.38% in 2024.
- Over 5 years, Research & Development stood at $3.6 million in 2022, then jumped by 59.36% to $5.7 million in 2023, then slumped by 32.38% to $3.9 million in 2024, then gained by 18.25% to $4.6 million in 2025, then slipped by 11.89% to $4.0 million in 2026.
- The last three Research & Development figures came in at $4.0 million (Q2 2026), $4.5 million (Q1 2026), and $4.6 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 22.26 Bn | 20.53 Bn | 605.00 Mn | 76.24 Mn |
| 2 | Nextpower | 12.25 Bn | 11.04 Bn | 335.85 Mn | 44.51 Mn |
| 3 | Enphase Energy | 4.86 Bn | 3.93 Bn | 175.01 Mn | 45.66 Mn |
| 4 | Solaredge Technologies | 2.25 Bn | 1.67 Bn | 95.15 Mn | 52.75 Mn |
| 5 | T1 Energy | 1.29 Bn | 1.08 Bn | 49.10 Mn | - |
| 6 | Shoals Technologies | 1.19 Bn | 1.18 Bn | 49.53 Mn | - |
| 7 | Canadian Solar | 877.81 Mn | -588.69 Mn | 168.48 Mn | 20.80 Mn |
| 8 | Array Technologies | 700.09 Mn | 392.79 Mn | 99.60 Mn | - |
| 9 | JinkoSolar Holding | 608.82 Mn | -2.07 Bn | 75.62 Mn | -34.10 Mn |
| 10 | Tigo Energy | 78.57 Mn | 61.66 Mn | 10.00 Mn | 4.05 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.05 Mn |
| Mar 31, 2026 | 4.48 Mn |
| Dec 31, 2025 | 4.59 Mn |
| Sep 30, 2025 | 4.52 Mn |
| Jun 30, 2025 | 4.41 Mn |
| Mar 31, 2025 | 3.92 Mn |
| Dec 31, 2024 | 3.89 Mn |
| Sep 30, 2024 | 4.38 Mn |
| Jun 30, 2024 | 4.06 Mn |
| Mar 31, 2024 | 4.60 Mn |
| Dec 31, 2023 | 5.75 Mn |
| Sep 30, 2023 | 5.60 Mn |
| Jun 30, 2023 | 5.16 Mn |
| Mar 31, 2023 | 4.77 Mn |
| Dec 31, 2022 | 3.61 Mn |
| Sep 30, 2022 | 3.01 Mn |
| Jun 30, 2022 | 2.27 Mn |