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Tigo Energy (TYGO)
NASDAQ:TYGO
Earnings Data
Report Date
May 19, 2026After Close (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
-0.04Last Year’s EPS
-0.04Same Quarter Last Year
Strong Buy
Based on 3 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented a strong operational and financial turnaround with very high year-over-year revenue growth (FY +91.7%), meaningful shipment volumes and market share gains, restoration of gross margins (44.5% in Q4), positive adjusted EBITDA and GAAP net income; management also eliminated $50M debt and outlined clear growth drivers (EG4 partnership, U.S. domestic manufacturing, new GO battery, repower). Offsetting these positives are a low cash position after the debt repayment, reliance on an equity raise (~$15M), inventory build and one-time gains that boosted earnings, seasonal/weather headwinds in EMEA with potential Q1 spillover, and a possible $500k reserve related to a slow-paying distributor. On balance, the substantive operational momentum, credible guidance for ~26%–30% revenue growth in 2026, and debt elimination outweigh the near-term liquidity and one-off concerns.Company Guidance
Record Annual Revenue and Strong YoY Growth
FY2025 revenue of $103.5 million, up 91.7% year-over-year.
Quarterly Revenue Surge
Q4 2025 revenue of $30.0 million, up 73.8% versus Q4 2024 ($17.3 million).
Significant Shipment Volumes and Market Share Gains
Q4 shipments of 744,000 units (representing ~567 MW of MLPE) and total shipments of 2.7 million units for the year; optimizer unit volume outgrew the main competitor, indicating market share gains.
Return to Strong Gross Profit and Margins
Q4 gross profit of $13.4 million, or 44.5% gross margin, versus a gross loss of $12.6 million (negative 72.7%) in the year-ago quarter (prior period impacted by a $19.5 million inventory charge).
Profitability Improvements — GAAP and Adjusted Metrics
Q4 GAAP net income of $11.7 million (vs. net loss of $26.8M prior year) and diluted EPS of $0.16 (vs. loss per share $0.44); Q4 adjusted EBITDA of $2.7 million vs. adjusted EBITDA loss of $22.1 million in prior year.
Debt Reduction and Balance Sheet Strengthening
Eliminated $50 million convertible promissory note ahead of January 2026 maturity, removing ~$2.5 million of annual interest obligations and leaving no outstanding debt maturities at year-end.
Planned Capital Raise to Enhance Liquidity
Definitive agreement for a registered direct offering of 5 million shares at $3.00 per share to generate approximately $15 million gross proceeds (expected close ~Feb 26, 2026).
Clear Growth Drivers and New Products
Key 2026 growth catalysts include U.S. domestic contract manufacturing (ITC-qualified) with initial deliveries in May, EG4 partnership (optimized inverter supply), new GO battery (5–30 kWh modular, 11.4 kW continuous output), repower initiatives, and a robust MLPE/ESS/AI-driven software product pipeline.
Geographic Strength and Sequential Country Wins
Q4 regional mix: EMEA $18.1M (60.3%), Americas $9.2M (30.8%), APAC $2.7M (8.9%); sequential growth highlights include U.K. up 72.3% and U.S. up 24.4%; APAC revenue more than doubled sequentially with strength in Australia.
2026 Revenue Guidance — Continued Strong Growth Expected
Full-year 2026 revenue guidance of $130–$135 million, implying 26%–30% growth year-over-year; Q1 2026 revenue guide $25–$27 million and adjusted EBITDA guidance of -$1 million to $1 million.
TYGO Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
TYGO Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Feb 24, 2026 | $3.54 | ― | ― |
Oct 28, 2025 | $2.54 | $2.29 | -9.84% |
Jul 29, 2025 | $1.23 | $1.47 | +19.51% |
May 06, 2025 | $0.80 | $0.90 | +12.50% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Tigo Energy (TYGO) report earnings?
Tigo Energy (TYGO) is schdueled to report earning on May 19, 2026, After Close (Confirmed).
What is Tigo Energy (TYGO) earnings time?
Tigo Energy (TYGO) earnings time is at May 19, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is TYGO EPS forecast?
TYGO EPS forecast for the fiscal quarter 2026 (Q1) is -0.04.