Tigo Energy, Inc. (TYGO)
NASDAQ:TYGO
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Earnings Data
Report Date
Aug 11, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
>-0.01Last Year’s EPS
0.01Same Quarter Last Year
Strong Buy
Based on 4 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented a predominantly positive trajectory: strong year-over-year revenue growth, materially improved margins and a sharp reduction in adjusted EBITDA loss and non-GAAP net loss. Management highlighted meaningful commercial catalysts (EG4 partnership, new GO ESS battery, and a growing utility-scale pipeline) and provided constructive guidance for Q2 and the full year. Offsetting concerns include sequential revenue softness driven by seasonality and a pronounced Americas decline, a $1.0M bad-debt charge from a distributor bankruptcy, continued GAAP losses and modest cash balances — though recent financing and a credit facility bolster liquidity. Overall, the positives (recurring revenue growth, margin expansion, narrowing losses, product/partnership catalysts and constructive guidance) outweigh the operational and regional headwinds.Company Guidance
Strong Year-over-Year Revenue Growth
Total Q1 2026 revenue of $25.2M, a 33.7% increase versus $18.8M in Q1 2025, signaling meaningful top-line recovery and demand improvement year-over-year.
Improved Gross Margin
Gross profit of $10.8M, representing a 42.8% gross margin compared to 38.1% in the year-ago quarter; margin improvement largely driven by the absence of warranty-related charges this quarter.
Significant Reduction in Losses and EBITDA Improvement
GAAP net loss narrowed to $1.8M from $7.0M year-over-year. Non-GAAP net loss (excl. stock-based compensation) improved to $0.1M from $5.4M. Adjusted EBITDA loss fell 76.8% to $0.5M from $2.0M a year earlier.
Regional Strength in EMEA and Country Outperformance
EMEA comprised 69.5% of revenue ($17.5M) and showed seasonal recovery. Notable country-level sequential growth: Italy +140.8% and Australia +64.3% versus prior quarter; strong performance also in Czech Republic and Poland.
Product Mix and MLPE Dominance
MLPE remained the core business at $20.8M (82.4% of revenue). GO ESS contributed $4.0M (15.8%) and Predict+ $0.5M (1.8%), demonstrating solid MLPE demand driving current revenue base.
New Product and Partnership Catalysts
Launch and availability of enhanced Tigo GO battery in Europe (up to 47.9 kWh with cold-weather heating). New partnership with EG4 began deliveries, offering IRS 45X/48E ITC-qualified optimized inverter solutions for the U.S. market—both cited as drivers for accelerated growth.
Utility-Scale Pipeline Momentum
Management reported meaningful pipeline activity and referenced a large operational project in Spain (142 MW) and similar-sized opportunities in process; company stated utility-scale footprint increase is expected during 2026.
Strengthened Liquidity and Financing Optionality
Closed a registered direct offering (~$15M) during the quarter; cash, cash equivalents and marketable securities totaled $11.6M at quarter-end. Also closed a Wells Fargo credit facility providing up to $10M of availability (no drawdowns yet).
Conservative, Upbeat Financial Guidance
Q2 2026 guidance: revenue $30M–$32M and adjusted EBITDA $1M–$3M. Full-year 2026 revenue guidance maintained at $130M–$135M, reflecting management confidence in continued growth.
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 |
|---|---|---|---|
May 05, 2026 | $5.16 | $4.47 | -13.37% |
Feb 24, 2026 | $3.54 | $4.00 | +12.99% |
Oct 28, 2025 | $2.54 | $2.29 | -9.84% |
Jul 29, 2025 | $1.23 | $1.47 | +19.51% |
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, Inc. (TYGO) report earnings?
Tigo Energy, Inc. (TYGO) is schdueled to report earning on Aug 11, 2026, After Close (Confirmed).
What is Tigo Energy, Inc. (TYGO) earnings time?
Tigo Energy, Inc. (TYGO) earnings time is at Aug 11, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
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What companies are reporting earnings today?
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What is TYGO EPS forecast?
TYGO EPS forecast for the fiscal quarter 2026 (Q2) is >-0.01.