TIGO ENERGY INC (TYGO)
Industrials · Solar power electronics and energy management · NASDAQ
Tigo Energy is a global leader in module-level power electronics and solar energy management software, optimizing energy yield and safety across residential, commercial, and utility-scale solar installations.
What TIGO ENERGY INC does
Tigo Energy develops and manufactures smart system solutions combining hardware and software for residential, commercial, and utility-scale solar energy systems. The company's core products are Module Level Power Electronics (MLPEs) that optimize energy production, enable rapid shutdown for safety, and lower operating costs directly at the solar module level. It also offers energy storage management solutions (GO ESS), cloud-based monitoring and energy intelligence software (Predict+), and serves the solar industry through distributors and installers worldwide.
Themes: ["Solar panel optimization / module-level power electronics","Solar energy storage integration","Energy monitoring and management software","Demand forecasting","Rapid shutdown / solar safety","Distributed solar (residential, commercial, utility)","Clean energy / renewable infrastructure"]
Fundamentals
- Price$1.98 as of 2026-07-09 close
- Market cap$150M as of 2026-07-10
- 1-year return+42.7% as of 2026-07-09 close
- P/E44.59 as of 2026-07-10
- Net margin+3.1% as of 2026-07-10
- Gross margin+43.6% as of 2026-07-10
- ROE+16.4% as of 2026-07-10
- Debt / equity0.00 as of 2026-07-10
- Revenue growth (YoY)+74.3% as of 2026-07-10
- Revenue CAGR (3y)+8.4% SEC XBRL
- Beta1.29 as of 2026-07-10
Key risks (from latest filing)
["Heavy dependence on two major geographic markets (EMEA at 67.1% and Americas at 25.6% of 2025 revenue), creating geographic concentration risk.","Historically concentrated industry served by two major suppliers in solar optimizer/inverter space; competitive pressure and market share competition remain significant.","Warranty obligations and accumulated warranty liabilities ($8.9M long-term as of March 2026) represent contingent liabilities tied to product performance and reliability."]
Competitors & peers
- Enphase Energy (ENPH)
- SolarEdge Technologies (SEDG)
- Frost Electric
- microinverter and optimizer manufacturers within the inverter ecosystem
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.