Tigo Energy (TYGO) Total Debt (2022 - 2025)
Tigo Energy (TYGO) recorded quarterly Total Debt of $47.2 million in Q3 2025, up 4.97% quarter-over-quarter from $45.0 million in Q2 2025, and up 23.36% on a YoY basis from $38.3 million in Q3 2024.
Tigo Energy (TYGO) Total Debt (2022 - 2025) Analysis & Trends
Tigo Energy's Total Debt history runs 4 years deep, the most recent figure standing at $47.2 million for Q3 2025.
- In Q3 2025, Total Debt rose 23.36% year-over-year to $47.2 million; the TTM figure through Sep 2025 stood at $47.2 million (up 23.36% YoY), while the FY2024 annual figure was $40.5 million, up 28.32% from the prior year.
- Total Debt was $47.2 million for Q3 2025 at Tigo Energy, up from $45.0 million in the prior quarter.
- In the past five years, Total Debt ranged from a high of $50.0 million in Q3 2023 to a low of $20.6 million in Q4 2022.
- Historically, Total Debt has averaged $37.6 million across 4 years, with a median of $38.3 million in 2024.
- The sharpest annual moves came in 2023 and 2024: Total Debt jumped 52.94% in 2023, then dropped 23.45% in 2024.
- A 4-year view of Total Debt shows it stood at $20.6 million in 2022, then jumped by 52.94% to $31.6 million in 2023, then gained by 28.32% to $40.5 million in 2024, then grew by 16.55% to $47.2 million in 2025.
- The last three Total Debt figures came in at $47.2 million (Q3 2025), $45.0 million (Q2 2025), and $42.7 million (Q1 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 28.68 Bn | 26.25 Bn | 486.13 Mn | 425.78 Mn |
| 2 | Nextpower | 18.03 Bn | 16.93 Bn | 297.38 Mn | - |
| 3 | Enphase Energy | 7.16 Bn | 6.23 Bn | 100.39 Mn | 572.51 Mn |
| 4 | Solaredge Technologies | 3.68 Bn | 3.13 Bn | 68.28 Mn | - |
| 5 | Sunrun | 3.02 Bn | 3.91 Bn | 543.70 Mn | 443.39 Mn |
| 6 | Shoals Technologies | 1.75 Bn | 1.75 Bn | 41.01 Mn | 181.75 Mn |
| 7 | Array Technologies | 1.19 Bn | 987.00 Mn | 63.00 Mn | 667.21 Mn |
| 8 | JinkoSolar Holding | 596.69 Mn | 2.20 Bn | 147.66 Mn | 2.78 Bn |
| 9 | Tigo Energy | 209.39 Mn | 197.82 Mn | 10.79 Mn | - |
| 10 | Skycorp Solar | 110.38 Mn | 103.60 Mn | - | 2.05 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2025 | 47.22 Mn |
| Jun 30, 2025 | 44.98 Mn |
| Mar 31, 2025 | 42.75 Mn |
| Dec 31, 2024 | 40.51 Mn |
| Sep 30, 2024 | 38.28 Mn |
| Jun 30, 2024 | 36.04 Mn |
| Mar 31, 2024 | 33.81 Mn |
| Dec 31, 2023 | 31.57 Mn |
| Sep 30, 2023 | 50.00 Mn |
| Jun 30, 2023 | 27.58 Mn |
| Dec 31, 2022 | 20.64 Mn |