Tigo Energy (TYGO) Research & Development (2022 - 2026)
Tigo Energy's Research & Development was $2.51 million in Q2 2026, up 10.6% from $2.27 million a year earlier but down 5.2% from the prior quarter.
Powered by 
Analysis
Tigo Energy (TYGO) Research & Development (2022 - 2026) Analysis & Trends
On a trailing twelve-month basis, Tigo Energy's Research & Development was $9.96 million through Jun 30, 2026, up 9.3% year-over-year; for FY2025, it came in at $9.24 million, down 6.2% from FY2024.
- Research & Development shows a three-year compound annual growth rate of 17.6% (FY2022 to FY2025).
- In earlier years, Research & Development was $9.86 million in FY2024 (+3.8%), $9.5 million in FY2023 (+67.1%) and $5.68 million in FY2022.
- Quarterly Research & Development has moved between $1.21 million (Q4 2022) and $2.7 million (Q2 2024) over five years.
- Compared with a year earlier, Research & Development has increased for four straight quarters, with growth averaging 0.3% over the last eight quarters.
- The best year-over-year quarter for Research & Development over five years was Q4 2023 (growth of 101.7%); the worst was Q2 2025 (a decline of 16.2%).
- Per Business Quant data, TYGO's Research & Development in the three quarters before Q2 2026 was $2.64 million (Q1 2026), $2.31 million (Q4 2025) and $2.5 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 252.99 Bn | 214.06 Bn | 2.36 Bn | 334.00 Mn |
| 2 | Bloom Energy | 81.25 Bn | 73.07 Bn | 355.57 Mn | 58.87 Mn |
| 3 | First Solar | 18.82 Bn | 9.78 Bn | 605.00 Mn | 76.24 Mn |
| 4 | BWX Technologies | 12.55 Bn | 10.85 Bn | 202.31 Mn | 4.17 Mn |
| 5 | Generac Holdings | 12.21 Bn | 11.04 Bn | 521.81 Mn | 65.78 Mn |
| 6 | Nextpower | 11.82 Bn | 7.71 Bn | 335.85 Mn | 44.51 Mn |
| 7 | EnerSys | 6.67 Bn | 4.86 Bn | 313.36 Mn | - |
| 8 | Enphase Energy | 4.36 Bn | -500.13 Mn | 175.01 Mn | 45.66 Mn |
| 9 | Mirion Technologies | 3.45 Bn | 1.34 Bn | 133.10 Mn | 10.10 Mn |
| 10 | Tigo Energy | 69.86 Mn | -6.61 Mn | 10.00 Mn | 2.51 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.51 Mn |
| 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 |
API Access
Tigo Energy Research & Development API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=research-and-development&ticker=TYGO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "TYGO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=TYGO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();