Tigo Energy (TYGO) Tax Rate (2022 - 2026)
Tigo Energy's (TYGO) quarterly Tax Rate came in at 8.57% in Q1 2026, up 1304.0% year-on-year from 0.61% in Q1 2025, and up 197.51% quarter-over-quarter from 8.79% in Q4 2025.
Tigo Energy (TYGO) Tax Rate (2022 - 2026) Analysis & Trends
Tigo Energy's Tax Rate history runs 5 years deep, the most recent figure standing at 8.57% for Q1 2026.
- On a quarterly basis, Tax Rate rose 1304.0% year-over-year to 8.57% in Q1 2026; TTM through Mar 2026 was 26.84%, a 4067.0% decrease from a year earlier, with the FY2025 full-year figure at 12.89%, up 1835.0% from the prior year.
- Tax Rate climbed to 8.57% in Q1 2026 per TYGO's latest filing, from 8.79% in the prior quarter.
- Across five years, Tax Rate topped out at 33.02% in Q2 2023 and bottomed at 17.93% in Q1 2023.
- The 5-year median for Tax Rate is 0.56% (2024), against an average of 2.39%.
- Across the five-year window, Tax Rate sank 3316 bps in 2024 and soared 1304 bps in 2026, its largest moves.
- Year by year, Tax Rate stood at 7.29% in 2022, then slumped by 113 bps to 0.98% in 2023, then surged by 126 bps to 0.26% in 2024, then tumbled by 3538 bps to 8.79% in 2025, then soared by 198 bps to 8.57% in 2026.
- Per Business Quant, the three latest TYGO Tax Rate figures stand at 8.57% (Q1 2026), 8.79% (Q4 2025), and 11.88% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 22.08 Bn | 19.65 Bn | 486.13 Mn | 2.18% |
| 2 | Nextpower | 15.32 Bn | 14.23 Bn | 297.38 Mn | 5.66% |
| 3 | Enphase Energy | 4.98 Bn | 4.05 Bn | 100.39 Mn | 46.76% |
| 4 | JinkoSolar Holding | 3.20 Bn | -107.75 Mn | 147.66 Mn | -31.47% |
| 5 | Solaredge Technologies | 2.60 Bn | 2.04 Bn | 68.28 Mn | -2.29% |
| 6 | Sunrun | 2.35 Bn | 687.09 Mn | 407.49 Mn | -2.43% |
| 7 | Shoals Technologies | 1.55 Bn | 1.55 Bn | 41.01 Mn | 23.06% |
| 8 | Canadian Solar | 925.64 Mn | 166.07 Mn | 124.40 Mn | -3.52% |
| 9 | Array Technologies | 843.55 Mn | 642.85 Mn | 63.00 Mn | 51.59% |
| 10 | Tigo Energy | 123.38 Mn | 111.81 Mn | 10.79 Mn | 8.57% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 8.57% |
| Mar 31, 2026 | 8.57% |
| Mar 31, 2026 | 8.57% |
| Dec 31, 2025 | -8.79% |
| Dec 31, 2025 | -8.79% |
| Dec 31, 2025 | -8.79% |
| Sep 30, 2025 | -11.88% |
| Sep 30, 2025 | -11.88% |
| Sep 30, 2025 | -11.88% |
| Jun 30, 2025 | -3.70% |
| Jun 30, 2025 | -3.70% |
| Jun 30, 2025 | -3.70% |
| Mar 31, 2025 | -4.47% |
| Mar 31, 2025 | -4.47% |
| Mar 31, 2025 | -4.47% |
| Dec 31, 2024 | 0.26% |
| Dec 31, 2024 | 0.26% |
| Dec 31, 2024 | 0.26% |
| Jun 30, 2024 | -0.14% |
| Jun 30, 2024 | -0.14% |