Growth Metrics

Tigo Energy (TYGO) Tax Rate (2022 - 2026)

Tigo Energy's quarterly Tax Rate came in at 8.57% in Q1 2026, up 1298.0% year-on-year from 0.61% in Q1 2025, and up 7934.41% quarter-over-quarter from 0.11% in Q4 2025.

Tigo Energy has reported Tax Rate for 5 years, with the latest figure at 8.57% in Q1 2026.

  • For the quarter ending Q1 2026, Tax Rate rose 1298.0% year-over-year to 8.57%; the trailing twelve-month figure through Mar 2026 stood at 3.74% (down 995.0% YoY), and the FY2025 full-year result was 83.42%, up 8888.0% from the prior year.
  • Tax Rate for Q1 2026 stood at 8.57%, up from 0.11% 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.
  • Average Tax Rate over 5 years is 3.31%, with a median of 0.13% recorded in 2024.
  • Year-over-year, Tax Rate sank 3316 bps in 2024 and surged 1298 bps in 2026.
  • Tracing TYGO's Tax Rate over 5 years: stood at 9.33% in 2022, then slumped by 108 bps to 0.72% in 2023, then soared by 136 bps to 0.26% in 2024, then sank by 143 bps to 0.11% in 2025, then surged by 7934 bps to 8.57% in 2026.
  • The last three Tax Rate figures came in at 8.57% (Q1 2026), 0.11% (Q4 2025), and 11.88% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 First Solar 26.65 Bn 24.22 Bn 486.13 Mn 2.18
2 Nextpower 17.99 Bn 16.90 Bn 297.38 Mn 5.66
3 Canadian Solar 15.11 Bn 15.69 Bn 124.40 Mn -62.89
4 Enphase Energy 8.19 Bn 7.26 Bn 100.39 Mn 46.43
5 Solaredge Technologies 3.80 Bn 3.25 Bn 68.28 Mn -2.29
6 Sunrun 3.38 Bn 4.27 Bn 543.70 Mn -2.43
7 Shoals Technologies 1.60 Bn 1.60 Bn 41.01 Mn 23.06
8 Array Technologies 1.25 Bn 1.05 Bn 63.00 Mn 50.91
9 JinkoSolar Holding 677.44 Mn 2.29 Bn 147.66 Mn -31.47
10 Tigo Energy 288.14 Mn 276.56 Mn 10.79 Mn 8.57

Historic Data

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DateValue
Mar 31, 2026 8.57
Mar 31, 2026 8.57
Dec 31, 2025 -0.11
Dec 31, 2025 -0.11
Sep 30, 2025 -11.88
Sep 30, 2025 -11.88
Jun 30, 2025 -3.70
Jun 30, 2025 -3.70
Mar 31, 2025 -4.41
Mar 31, 2025 -4.41
Dec 31, 2024 0.26
Dec 31, 2024 0.26
Jun 30, 2024 -0.14
Jun 30, 2024 -0.14
Dec 31, 2023 -0.72
Dec 31, 2023 -0.72
Sep 30, 2023 27.39
Sep 30, 2023 27.39
Jun 30, 2023 33.02
Jun 30, 2023 33.02
Mar 31, 2023 -17.93
Mar 31, 2023 -17.93
Dec 31, 2022 9.33
Dec 31, 2022 9.33