Tigo Energy (NASDAQ:TYGO) Announces Earnings Results, Beats Expectations By $0.20 EPS

Tigo Energy (NASDAQ:TYGO) released its earnings results on Tuesday. The company reported $0.16 EPS for the quarter, topping the consensus estimate of ($0.04) by $0.20, FiscalAI reports. The firm had revenue of $30.03 million during the quarter, compared to analysts’ expectations of $30.02 million. Tigo Energy had a negative net margin of 44.50% and a negative return on equity of 623.75%.

Here are the key takeaways from Tigo Energy’s conference call:

• Strong top-line growth: Fiscal 2025 revenue was $103.5 million, up 91.7% year-over-year, with Q4 revenue of $30.0 million (up 73.8% YoY) and 2.7 million optimizer units shipped in 2025, which management says outgrew its main competitor.
• Profitability improvement: Q4 gross margin was 44.5% and GAAP net income was $11.7 million (Adj. EBITDA of $2.7 million), though results include a $14.6 million gain on sale of intangibles and are partly a recovery from a large prior-year inventory reserve.
• Balance sheet and financing actions: The company eliminated a $50 million convertible note (removing ~$2.5M of annual interest) but cash and securities fell to $7.7 million; management has a pending registered direct offering expected to raise ~ $15 million gross to bolster liquidity.
• 2026 guidance and growth drivers: Management expects 2026 revenue of $130–$135 million (26–30% growth) with Q1 revenue guidance of $25–$27 million, and cites upside from the EG4 U.S. partnership (initial deliveries in May, fuller benefit in Q3), new U.S. domestic manufacturing, the GO Battery launch, repower opportunities, and a product pipeline.

Tigo Energy Stock Up 5.7%

Shares of NASDAQ:TYGO opened at $3.54 on Wednesday. The company has a market cap of $249.05 million, a P/E ratio of -5.45 and a beta of 1.22. The business has a fifty day simple moving average of $2.60 and a 200-day simple moving average of $2.15. Tigo Energy has a 52 week low of $0.58 and a 52 week high of $4.50.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Goldman Sachs Group Inc. lifted its holdings in shares of Tigo Energy by 20.5% during the 4th quarter. Goldman Sachs Group Inc. now owns 159,625 shares of the company’s stock worth $220,000 after acquiring an additional 27,125 shares during the period. XTX Topco Ltd acquired a new position in Tigo Energy during the fourth quarter worth approximately $250,000. Vanguard Group Inc. raised its stake in Tigo Energy by 182.4% during the third quarter. Vanguard Group Inc. now owns 922,226 shares of the company’s stock worth $2,306,000 after purchasing an additional 595,702 shares during the period. Renaissance Technologies LLC boosted its holdings in shares of Tigo Energy by 46.0% in the 4th quarter. Renaissance Technologies LLC now owns 1,425,040 shares of the company’s stock valued at $1,967,000 after purchasing an additional 449,140 shares during the last quarter. Finally, AWM Investment Company Inc. acquired a new position in shares of Tigo Energy in the 4th quarter valued at $329,000. Institutional investors and hedge funds own 15.72% of the company’s stock.

About Tigo Energy

Tigo Energy, Inc (NASDAQ: TYGO) is a U.S.-based provider of module-level power electronics (MLPE) solutions designed to optimize the performance and safety of solar photovoltaic systems. Founded in 2007 and headquartered in Campbell, California, Tigo Energy develops hardware and software tools that enhance energy yield, improve system reliability, and streamline compliance with electrical codes. The company’s technology platform is used by solar installers, project developers, and module manufacturers to deliver higher returns on investment and bolster the safety profile of PV arrays.

At the core of Tigo’s offerings is its TS4 platform, a modular MLPE solution that enables real-time monitoring, rapid shutdown functionality, and maximum power point tracking at the panel level.