Tigo Energy Reports Strong Revenue Growth in Q1 2025

Tigo Energy, Inc. ( (TYGO) ) has released its Q1 earnings. Here is a breakdown of the information Tigo Energy, Inc. presented to its investors.

Tigo Energy, Inc., a leader in intelligent solar and energy storage solutions, specializes in enhancing the performance and safety of solar systems through its advanced hardware and software products. In its latest earnings report, Tigo Energy announced a significant 92.2% increase in revenue for the first quarter of 2025, reaching $18.8 million compared to the same period last year. The company also reported a reduced net loss of $7.0 million, down from $11.5 million in the first quarter of 2024, and an improved adjusted EBITDA loss of $2.0 million compared to $6.3 million previously. Tigo Energy’s financial performance highlights include a gross profit increase to $7.2 million, representing 38.1% of net revenue, and a decrease in operating expenses by 5.9%. The company also introduced a new product in its TS4-A family, enhancing its MLPE product line. Looking ahead, Tigo Energy projects second-quarter revenues between $21 million and $23 million, with a potential for positive adjusted EBITDA. For the full year 2025, the company anticipates revenues ranging from $85 million to $100 million, reflecting confidence in its growth strategy and market recovery.