Growth Metrics

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

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DateValue
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