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
Download Data| Date | Value |
|---|---|
| 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 |