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MARKETS / NASDAQ / TYGO
NASDAQ · SEMICONDUCTORS & RELATED DEVICES

Tigo Energy, Inc. TYGO

6 fiscal years on record · USD · FY2025 reported · SEC filings only
$103.5M
▲ 91.7% YoY
$-1.9M
$9.7M
In brief

What this company does

The company's primary focus is Module Level Power Electronics (MLPEs), devices that reside under the solar panel to increase energy production, enhance safety, and lower operating costs for the system owner. For the year ended December 31, 2025, the company generated approximately 67.1% and 25.6% of its revenue from markets in EMEA and the Americas, respectively. To date, the company has shipped approximately 16.6 million MLPE devices worldwide and has installations in over 100 countries on all seven continents. As of December 31, 2025, the company had 138 employees, of whom 12 were engaged in operations, 31 in research and development, 67 in sales and marketing, and 28 in general and administrative roles. The company's product lines include its MLPEs, which provide solar panel power optimization and rapid shutdown; its GO Energy Storage Solutions (GO ESS), which provide solar energy storage management capabilities; and its Energy Intelligence (EI) platform, which provides monitoring and energy demand forecasting capabilities. The Tigo GO ESS product line offers an energy storage solution for residential customers comprised of the GO Battery, GO Inverter, GO Link/Automatic Transfer Switch, and GO Electric Vehicle Charger. The company traces its inception to 2007.

Written from the business description in Tigo Energy, Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 19 March 2026. Every sentence was checked against that document before publication.

Growth
USD 103.5M
Revenue, FY2025 · full 6-year series below
Revenue $M Net income $M
FY2025 · Revenue 103.5 · Net income -1.9
50.0M100.0M-25.0M-50.0M202020212022202320242025
Compound annual growth
+8.4%
3 yrs
5 yrs
10 yrs
15 yrs

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
−2 cents
lost on every revenue dollar
Operating margin Net margin
FY2025 · Operating -4.3% · Net -1.8%
-50%-100%202020212022202320242025
ROE
FY2025 · ROE -10.4%
-50%-100%-150%202020212022202320242025

Each USD of equity lost 10 cents this year.

Cash & shareholders
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF 9.7
4M8M-20M202020212022202320242025

Total assetsUSD 78.0M
EquityUSD 27.6M
CashUSD 7.7M
Gross debtUSD 0.00
Net debtUSD -7.7M
Current ratio1.50×

The company holds more cash than debt.

The 6-year record
6 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative
Metric 202520242023202220212020
Revenue $B0.10.10.10.1··
Operating income $B−0.0−0.1−0.0−0.0−0.0−0.0
EBITDA $B−0.0−0.1−0.0−0.0··
Income tax $B0.00.00.00.0··
Net income $B−0.0−0.1−0.0−0.0−0.0−0.0
Free cash flow $B0.0−0.0−0.0−0.0··
EPS, diluted $−0.03−1.04−0.14−2.71··
Dividend / sh $······
Payout %······
ROE %−10.4−176.2−27.6··−9.0
Shares out B0.070.060.060.010.000.00

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 0 failures in 26 reconciliationsAUDITED

Reconciled in 6 of 19 fiscal years. 69 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivitySemiconductors & Related Devices
Listed onNASDAQ
Incorporated inDelaware
Fiscal year endsDecember 31
SEC categoryemerging growth company
Data on record since2020

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