Tigo Energy (TYGO) Tax Rate (2022 - 2026)
Tigo Energy (TYGO) recorded quarterly Tax Rate of 8.57% in Q1 2026, up 7934.41% quarter-over-quarter from 0.11% in Q4 2025, and up 1298.0% on a YoY basis from 0.61% in Q1 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 1298.0% year-over-year to 8.57%; the TTM figure through Mar 2026 stood at 3.74% (down 995.0% YoY), while the FY2025 annual figure was 83.42%, up 8888.0% from the prior year.
- Tax Rate was 8.57% for Q1 2026 at Tigo Energy, up from 0.11% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 33.02% in Q2 2023 to a low of 17.93% in Q1 2023.
- Historically, Tax Rate has averaged 3.31% across 5 years, with a median of 0.13% in 2024.
- The sharpest annual moves came in 2024 and 2026: Tax Rate sank 3316 bps in 2024, then soared 1298 bps in 2026.
- A 5-year view of Tax Rate shows it stood at 9.33% in 2022, then tumbled by 108 bps to 0.72% in 2023, then surged by 136 bps to 0.26% in 2024, then slumped by 143 bps to 0.11% in 2025, then jumped 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 | 28.68 Bn | 26.25 Bn | 486.13 Mn | 2.18% |
| 2 | Nextpower | 18.03 Bn | 16.93 Bn | 297.38 Mn | 5.66% |
| 3 | Enphase Energy | 7.16 Bn | 6.23 Bn | 100.39 Mn | 46.43% |
| 4 | Solaredge Technologies | 3.68 Bn | 3.13 Bn | 68.28 Mn | -2.29% |
| 5 | Sunrun | 3.02 Bn | 3.91 Bn | 543.70 Mn | -2.43% |
| 6 | Shoals Technologies | 1.75 Bn | 1.75 Bn | 41.01 Mn | 23.06% |
| 7 | Array Technologies | 1.19 Bn | 987.00 Mn | 63.00 Mn | 50.91% |
| 8 | JinkoSolar Holding | 596.69 Mn | 2.20 Bn | 147.66 Mn | -31.47% |
| 9 | Tigo Energy | 209.39 Mn | 197.82 Mn | 10.79 Mn | 8.57% |
| 10 | Skycorp Solar | 110.38 Mn | 103.60 Mn | - | - |
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% |