10x Insights
Loading account…
Companies / Technology / TIGO ENERGY, INC.
TYGO

TIGO ENERGY, INC.

TechnologySemiconductors
Ticker TYGOLOS GATOS, CAFiscal year ends DecemberBook value per share $0.57Diluted shares 78.8M

Tigo Energy, Inc. (NASDAQ: TYGO) is a global provider of smart hardware and software solutions for the solar energy industry. The company designs and manufactures module-level power electronics (MLPEs), energy storage systems, and cloud-based monitoring platforms that enhance safety, increase energy yield, and lower… From the company’s description.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$103.54M
+91.7% year over year
Last 12 mo $111.25M
-4.35%
+91.9 percentage points
Last 12 mo -2.79%
$-1.88M
+97.0% year over year
Last 12 mo $9.97M
-6.81%
+741.5 percentage points
Last 12 mo 22.35%
Cash & financing
$10.30M
+183.4% year over year
Last 12 mo $-7.24M
$9.66M
+170.8% year over year
Last 12 mo $-8.13M
0.00
Was 4.83× a year earlier
Last 12 mo 0.09
65.0M
+7.9% year over year
Last 12 mo 78.8M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What TIGO ENERGY, INC. does

In the company’s own words

Tigo Energy, Inc. (NASDAQ: TYGO) is a global provider of smart hardware and software solutions for the solar energy industry. The company designs and manufactures module-level power electronics (MLPEs), energy storage systems, and cloud-based monitoring platforms that enhance safety, increase energy yield, and lower operating costs across residential, commercial, industrial, and utility-scale solar installations.

Founded in 2007, Tigo has shipped approximately 16.6 million MLPE devices worldwide with installations in over 100 countries across all seven continents. The company's primary product, the Tigo TS4 Flex MLPE, operates at the solar module level to provide rapid shutdown functionality, module-level monitoring, and power optimization. These devices are compatible with nearly every module and inverter in the market due to their open system architecture, distinguishing Tigo from competitors that offer proprietary, closed ecosystems.

The Tigo GO ESS product line represents the company's energy storage division, offering modular battery systems, hybrid inverters, automatic transfer switches, and EV chargers designed for residential customers seeking energy resilience and consumption optimization. The Energy Intelligence (EI) platform provides real-time monitoring and control capabilities across all Tigo products, while the Predict+ service leverages artificial intelligence and machine learning to forecast electricity generation and consumption for utilities and grid planners.

Geographically, Tigo generated approximately 67.1 percent of revenue from Europe, Middle East, and Africa (EMEA) and 25.6 percent from the Americas during the fiscal year ended December 31, 2025. The company operates through a distributed manufacturing model, outsourcing production to contract manufacturers in Thailand and China while maintaining relationships with multiple facilities to ensure supply chain resilience.

Tigo employs a research and development team of 31 personnel focused on advancing MLPE performance, expanding software capabilities, and reducing unit costs. The company holds 16 granted patents and 13 pending patents, with intellectual property protection extending through 2044. Distribution occurs primarily through solar equipment distributors, direct relationships with large installers and engineering, procurement, and construction firms, and partnerships with inverter manufacturers. The company maintains no single customer representing 10 percent or more of total revenue.

Company details
Sector
Technology
Industry
Semiconductors
Headquarters
LOS GATOS, CA
Fiscal year end
December
CIK
1855447
SIC
3674

Financial performance, year by year

Fiscal 2021–2025 · USD
$-83.54M$-21.15M$41.24M$103.64M$166.03M20212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns TIGO ENERGY, INC. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

42
funds hold it
0 of 35
superinvestors hold it
$11.83M
held by funds, at market
6.3%
of shares held by funds

Largest fund holders · TIGO ENERGY, INC.’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.00%of fund net assets
0.43%of fund net assets
0.01%of fund net assets
VANGUARD EXTENDED MARKET INDEX FUND
VXF · VANGUARD INDEX FUNDS
0.00%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Could not be determined for this company: bond issues.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

Compare this company with peers, find it in your funds and follow its financial history with your connected AI:

  • “How do TIGO ENERGY, INC. and its peers compare on margins and cash generation over ten years?”
  • “Where did five years of TIGO ENERGY, INC.'s earnings go — cash, debt, buybacks, reinvestment?”
  • “What changed in TIGO ENERGY, INC.'s last four quarterly filings that the numbers alone won't show?”
See how it works →All research tools with a subscription. Use your own AI account.