Tigo Energy (TYGO) Tax Rate (2022 - 2026)
Tigo Energy (TYGO) posted quarterly Tax Rate of 8.57% for Q1 2026, up 1304.0% year-over-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.
- In Q1 2026, Tax Rate rose 1304.0% year-over-year to 8.57%; the TTM figure through Mar 2026 stood at 26.84% (down 4067.0% YoY), while the FY2025 annual figure was 12.89%, up 1835.0% from the prior year.
- Tax Rate for Q1 2026 stood at 8.57%, up from 8.79% in the prior quarter.
- The five-year high for Tax Rate was 33.02% in Q2 2023, with the low at 17.93% in Q1 2023.
- The 5-year median for Tax Rate is 0.56% (2024), against an average of 2.39%.
- The sharpest annual moves came in 2024 and 2026: Tax Rate plunged 3316 bps in 2024, then soared 1304 bps in 2026.
- Tigo Energy's Tax Rate stood at 7.29% in 2022, then tumbled by 113 bps to 0.98% in 2023, then jumped by 126 bps to 0.26% in 2024, then plunged by 3538 bps to 8.79% in 2025, then surged by 198 bps to 8.57% in 2026.
- Business Quant data shows TYGO's Tax Rate at 8.57% in Q1 2026, 8.79% in Q4 2025, and 11.88% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 23.03 Bn | 21.30 Bn | 605.00 Mn | 8.01% |
| 2 | Nextpower | 13.25 Bn | 12.03 Bn | 335.85 Mn | 16.88% |
| 3 | Enphase Energy | 5.07 Bn | 4.13 Bn | 175.01 Mn | 41.71% |
| 4 | Sunrun | 2.24 Bn | 2.24 Bn | 527.54 Mn | 1.87% |
| 5 | Solaredge Technologies | 1.89 Bn | 1.31 Bn | 95.15 Mn | -8.19% |
| 6 | Shoals Technologies | 1.24 Bn | 1.22 Bn | 49.53 Mn | 21.67% |
| 7 | Canadian Solar | 991.33 Mn | -596.96 Mn | 124.40 Mn | -3.52% |
| 8 | JinkoSolar Holding | 831.90 Mn | -2.48 Bn | 147.66 Mn | -31.47% |
| 9 | Array Technologies | 727.79 Mn | 420.48 Mn | 99.60 Mn | 23.33% |
| 10 | Tigo Energy | 83.15 Mn | 66.23 Mn | 10.00 Mn | 313.73% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 313.73% |
| Jun 30, 2026 | 313.73% |
| Jun 30, 2026 | 313.73% |
| 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% |