Tigo Energy (TYGO) Research & Development (2022 - 2026)
Tigo Energy (TYGO) recorded quarterly Research & Development of $2.6 million in Q1 2026, up 14.36% quarter-over-quarter from $2.3 million in Q4 2025, and up 22.18% on a YoY basis from $2.2 million in Q1 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 $2.6 million for Q1 2026.
- In Q1 2026, Research & Development rose 22.18% year-over-year to $2.6 million; the TTM figure through Mar 2026 stood at $9.7 million (up 1.79% YoY), while the FY2025 annual figure was $9.2 million, down 6.25% from the prior year.
- Research & Development was $2.6 million for Q1 2026 at Tigo Energy, up from $2.3 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $2.7 million in Q2 2024 to a low of $1.2 million in Q4 2022.
- Historically, Research & Development has averaged $2.2 million across 5 years, with a median of $2.4 million in 2023.
- The sharpest annual moves came in 2023 and 2025: Research & Development jumped 101.74% in 2023, then slipped 16.16% in 2025.
- A 5-year view of Research & Development shows it stood at $1.2 million in 2022, then surged by 101.74% to $2.4 million in 2023, then dropped by 7.44% to $2.3 million in 2024, then grew by 2.66% to $2.3 million in 2025, then climbed 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 | 28.68 Bn | 26.25 Bn | 486.13 Mn | 66.94 Mn |
| 2 | Nextpower | 18.03 Bn | 16.93 Bn | 297.38 Mn | 43.17 Mn |
| 3 | Enphase Energy | 7.16 Bn | 6.23 Bn | 100.39 Mn | 44.87 Mn |
| 4 | Solaredge Technologies | 3.68 Bn | 3.13 Bn | 68.28 Mn | 50.16 Mn |
| 5 | Sunrun | 3.02 Bn | 3.91 Bn | 543.70 Mn | 10.14 Mn |
| 6 | Shoals Technologies | 1.75 Bn | 1.75 Bn | 41.01 Mn | - |
| 7 | Array Technologies | 1.19 Bn | 987.00 Mn | 63.00 Mn | - |
| 8 | JinkoSolar Holding | 596.69 Mn | 2.20 Bn | 147.66 Mn | -33.12 Mn |
| 9 | Tigo Energy | 209.39 Mn | 197.82 Mn | 10.79 Mn | 2.64 Mn |
| 10 | Skycorp Solar | 110.38 Mn | 103.60 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 |