Tigo Energy (TYGO) Tax Rate (2022 - 2026)
Tigo Energy (TYGO) posted Tax Rate of 313.73% for Q2 2026, up 2902.35% on a QoQ basis from 10.45% in Q1 2026, and up 31742.0% year-over-year from N/an in Q2 2025.
Analysis
Tigo Energy (TYGO) Tax Rate (2022 - 2026) Analysis & Trends
Tigo Energy has reported Tax Rate for 5 years, with the latest figure at 313.73% in Q2 2026.
- On a quarterly basis, Tax Rate rose 31742.0% year-over-year to 313.73% in Q2 2026; TTM through Jun 2026 was 53.4%, a 5197.0% decrease from a year earlier, with the FY2025 full-year figure at 32.18%, down 3173.0% from the prior year.
- Tax Rate was 313.73% for Q2 2026 at Tigo Energy, up from 10.45% in the prior quarter.
- The five-year high for Tax Rate was 313.73% in Q2 2026, with the low at 17.93% in Q1 2023.
- Average Tax Rate over 5 years is 27.52%, with a median of 0.14% recorded in 2024.
- The sharpest annual moves came in 2024 and 2026: Tax Rate plunged 3316 bps in 2024, then surged 31742 bps in 2026.
- Over 5 years, Tax Rate stood at 13.14% in 2022, then tumbled by 106 bps to 0.85% in 2023, then decreased by 18 bps to 1.0% in 2024, then surged by 86 bps to 0.14% in 2025, then surged by 226693 bps to 313.73% in 2026.
- The last three Tax Rate figures came in at 313.73% (Q2 2026), 10.45% (Q1 2026), and 0.14% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 22.26 Bn | 20.53 Bn | 605.00 Mn | 8.01% |
| 2 | Nextpower | 12.25 Bn | 11.04 Bn | 335.85 Mn | 16.88% |
| 3 | Enphase Energy | 4.86 Bn | 3.93 Bn | 175.01 Mn | 41.71% |
| 4 | Solaredge Technologies | 2.25 Bn | 1.67 Bn | 95.15 Mn | -8.19% |
| 5 | T1 Energy | 1.29 Bn | 1.08 Bn | 49.10 Mn | -2.16% |
| 6 | Shoals Technologies | 1.19 Bn | 1.18 Bn | 49.53 Mn | 21.67% |
| 7 | Canadian Solar | 877.81 Mn | -588.69 Mn | 168.48 Mn | 24.26% |
| 8 | Array Technologies | 700.09 Mn | 392.79 Mn | 99.60 Mn | 23.33% |
| 9 | JinkoSolar Holding | 608.82 Mn | -2.07 Bn | 75.62 Mn | -12.60% |
| 10 | Tigo Energy | 78.57 Mn | 61.66 Mn | 10.00 Mn | 313.73% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 313.73% |
| Mar 31, 2026 | 10.45% |
| Dec 31, 2025 | -0.14% |
| Sep 30, 2025 | -11.88% |
| Jun 30, 2025 | -3.70% |
| Mar 31, 2025 | -4.47% |
| Dec 31, 2024 | -1.00% |
| Jun 30, 2024 | -0.14% |
| Dec 31, 2023 | -0.85% |
| Sep 30, 2023 | 27.49% |
| Jun 30, 2023 | 33.02% |
| Mar 31, 2023 | -17.93% |
| Dec 31, 2022 | 13.14% |