Tigo Energy, Inc. (TYGO) Revenue History
Annual and quarterly revenue from 2019 to 2025
Compound Annual Growth Rate (CAGR)
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TYGO Revenue Growth
Revenue Breakdown
TYGO's revenue distribution by segment and geography
By Geography
TYGO Revenue Analysis (2019–2025)
As of May 8, 2026, Tigo Energy, Inc. (TYGO) generated trailing twelve-month (TTM) revenue of $109.9 million, reflecting explosive growth of +33.7% year-over-year. The most recent quarter (Q1 2026) recorded $25.2 million in revenue, down 16.1% sequentially.
Looking at the longer-term picture, TYGO's 5-year compound annual growth rate (CAGR) stands at +25.5%, indicating outstanding long-term growth trajectory. The company achieved its highest annual revenue of $145.2 million in 2023.
When compared to Energy sector peers including ENPH (-1.6% YoY), SEDG (+39.2% YoY), and APLD (+54.2% YoY), TYGO has underperformed the peer group in terms of revenue growth. Compare TYGO vs ENPH →
TYGO Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| TYGOCurrent | $110M | +33.7% | +25.5% | -4.3% | |
 ENPH | $1.5B | -1.6% | +13.7% | 11.2% | |
 SEDG | $1.2B | +39.2% | -4.1% | -24.1% | |
 APLD | $216M | +54.2% | +264.1% | -33.5% | |
 FTCI | $100M | +73.0% | -11.9% | -33.5% | |
 SPWR | $309M | +73.3% | +59.2% | -2.0% |
TYGO Historical Revenue Data (2019–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $103.5M | +91.7% | $44.4M | 42.8% | $-4,499,000 | -4.3% |
| 2024 | $54.0M | -62.8% | $-4,156,000 | -7.7% | $-51,997,000 | -96.3% |
| 2023 | $145.2M | +78.6% | $51.3M | 35.3% | $-8,275,000 | -5.7% |
| 2022 | $81.3M | +86.3% | $24.8M | 30.5% | $-896,000 | -1.1% |
| 2021 | $43.6M | +31.1% | $12.6M | 29.0% | $-3,714,000 | -8.5% |
| 2020 | $33.3M | - | $10.5M | 31.7% | $-716,000 | -2.2% |
| 2019 | $0 | - | $0 | - | $-1,225 | - |
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Start ComparisonTYGO — Frequently Asked Questions
Quick answers to the most common questions about buying TYGO stock.
Is TYGO's revenue growth accelerating or slowing?
TYGO revenue is accelerating at +33.7% year-over-year, exceeding the 5-year CAGR of +25.5%. TTM revenue reached $110M. Growth momentum has increased versus prior periods.
What is TYGO's long-term revenue growth rate?
Tigo Energy, Inc.'s 5-year revenue CAGR of +25.5% reflects the sustained expansion pattern. Current YoY growth of +33.7% is above this long-term average.
How is TYGO's revenue distributed by segment?
TYGO reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2019-2025 are available for download. Segment mix reveals concentration and diversification trends.