Tigo Energy, Inc. (TYGO) Stock

Tigo Energy, Inc. (TYGO) is a Technology stock trading at $1.08 (as of 2026-08-20), with a market capitalization of $81.98M. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Tigo Energy, Inc. develops and provides smart hardware and software for solar and energy storage systems, including module-level power electronics and cloud-based monitoring and control. Its products are used in residential, commercial, and utility-scale solar deployments, with support for safety and performance-related functions at the module level.

Understand Tigo Energy, Inc.: how it makes money

Tigo Energy provides intelligent solar and energy storage solutions, selling module-level power electronics hardware (Flex MLPE and solar optimizers) and related cloud-based energy monitoring and control software (PredictPlus, including licensing) to residential, commercial, and utility-scale solar systems.

The core profit engine is the link between selling module-level power electronics hardware (module optimizers and MLPE devices) and expanding PredictPlus software usage, where a growing installed base of Meters Under Management supports recurring energy intelligence and monitoring revenues.

Revenue by segment (latest quarter)
MLPE$0.0B
Energy Storage$0.0B
PredictPlus and Licensing$0.0B

Business quality (Weak): Latest-quarter revenue is reported as 0.0B, while operating margin is negative (-9.6%), so profitability appears challenged in the period. At the same time, there are operating indicators for PredictPlus (Meters Under Management) and for shipment volume of module-level power electronics, which helps explain the longer-term visibility signals like Remaining Performance Obligations.

Valuation: At 61× earnings, TYGO trades 19% above the Semiconductors average (51×). Note: one-time items can distort reported P/E.

Bull case

  • PredictPlus has an installed base: Meters Under Management (PredictPlus) is 62000 (count), indicating ongoing usage of the cloud-based energy monitoring and control platform.
  • There is forward-looking revenue visibility: Remaining Performance Obligations are 0.07 USD_B, suggesting work or services tied to contracts are not yet fully recognized.
  • Hardware scale supports the platform: Module-Level Power Electronics Devices Shipped is 615000 (count), and Module-Level Power Electronics Units Shifted is 646000 (count).

Bear case

  • Profitability is weak in the latest quarter: Operating margin is -9.6% for the quarter ended 2026-03-31.
  • Revenue is effectively flat at the reported scale: Revenue is reported as 0.0B for the quarter ended 2026-03-31, which limits how much can be inferred from that single period.
  • Recurring revenue metric is not showing contribution in the data provided: Annual Recurring Revenue is 0.0 USD_B in the provided operational KPI candidates.
Valuation — source: SEC EDGAR (first-party)
Price$1.08
Market Cap$81.98M
Price / Book1.84
Price / Sales0.77
FCF Yield-25.9%
DCF Value (model)$0.90
DCF Upside vs Price-16.7%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$103.54M
Net Margin-1.8%
Revenue Growth (YoY)91.7%
EPS Growth (YoY)-97.1%
FCF Growth (YoY)-170.8%
Financial Health — source: SEC EDGAR
Altman Z-Score-0.11 (distress)
Piotroski F-Score6/9 (moderate)
Valuation vs Sector & Industry
Sector P/E (Technology)33.9
Industry P/E (Electronic Equipment)39.4
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderAIGH Capital Management LLC ($27.37M)
Institutional Holders Tracked10
Company
SectorTechnology
IndustryElectronic Equipment
CEOZvi Alon
Employees140
CountryUS
IPO Date2021-09-03

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TYGO earnings history · TYGO institutional & insider holders · TYGO KPIs & operating metrics · TYGO financials · TYGO investor presentations & press releases · TYGO SEC filings · TYGO peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-08-20.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.