# Tigo Energy Inc. (TYGO)

**Exchange:** NASDAQ  
**Sector:** Technology  
**Market cap:** $190M  
**Price:** $2.93 (-1.35%)

> Tigo Energy Inc., a leading technology company, specializes in the optimization and monitoring of solar energy systems. The company's primary function is to enhance the efficiency and safety of photovoltaic systems through its innovative power electronics technology and software solutions. Tigo Energy is renowned for its smart module technology that enables module-level monitoring, maximizes energy output, and provides improved data visibility and analytics for residential, commercial, and industrial solar installations. Their solutions, such as rapid shutdown devices, cater significantly to safety regulations and standards in the solar sector. By addressing critical challenges like module mismatch and offering robust data analytics capabilities, Tigo Energy plays a crucial role in supporting grid integration and enhancing the overall performance of solar PV systems. Through its contributions to the renewable energy industry, Tigo Energy Inc. helps drive sustainable energy practices globally and supports the transition towards cleaner energy sources.

## Income Statement (Annual, USD)

| Fiscal Year | Revenue | Gross Profit | Operating Income | Net Income | EPS (dil.) |
| --- | --- | --- | --- | --- | --- |
| 2025 | $103.54B | $44M | -$4M | -$2M | — |
| 2024 | $54.01B | -$4M | -$52M | -$63M | — |
| 2023 | $145.23B | $51M | -$8M | -$984,000 | — |
| 2022 | $81.32B | $25M | -$896,000 | -$7M | — |

## Balance Sheet (Annual, USD)

| Fiscal Year | Total Assets | Total Liabilities | Equity | Cash | Long-term Debt |
| --- | --- | --- | --- | --- | --- |
| 2025 | $78M | $50M | $28M | $8M | — |
| 2024 | $73M | $65M | $8M | $12M | $50M |
| 2023 | $128M | $65M | $63M | $4M | $50M |
| 2022 | $88M | $57M | -$56M | $36M | $11M |

## Cash Flow (Annual, USD)

| Fiscal Year | Operating Cash Flow | CapEx | Free Cash Flow |
| --- | --- | --- | --- |
| 2025 | $10M | $642,000 | $10M |
| 2024 | -$12M | $1M | -$14M |
| 2023 | -$37M | $2M | -$39M |
| 2022 | -$16M | $1M | -$18M |
| 2021 | -$463,981 | — | — |
| 2020 | -$1,740 | — | — |

Source: [CompaniesByCap](https://companiesbycap.com/company/TYGO)