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Tigo Energy, Inc.

Rank #58HypergrowthWatchlistCompare with other stocks

TYGO · Nasdaq · Technology

Tigo Energy, Inc. (TYGO) — Rank #58 by gross profitability (GP/assets 0.57) · ROE -4.2% · Piotroski F-Score 6 / 9.

As-of 2026-10-30 · CIK 0001855447 · all metrics point-in-time as of the filing date.

About

Tigo Energy, Inc., together with its subsidiaries, provides solar and energy storage solutions worldwide.

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It offers module level power electronics (MLPEs) to maximize the energy output of individual solar modules for utility, commercial, and residential solar arrays. The company also provides GO Energy Storage Systems that provide solar energy storage management capabilities, and energy resilience in the event of a grid outage and optimizes energy consumption based on rate plans for home energy needs; and Energy Intelligence (EI) platform, which provides monitoring and energy demand forecasting capabilities, as well as Predict+, an energy consumption and demand forecasting software. In addition, it offers GO Battery modular, scalable energy storage system; GO Inverter, which offers energy conversion for home consumption or export to the grid; GO Link/Automatic Transfer Switch (ATS), a component for battery backup of on-grid systems; Tigo Predict+ for energy demand forecasting; and GO Electric Vehicle (EV) Charger to reduce transportation costs. Further, it provides monitoring services. The company offers its products through distributors and solar installers. Tigo Energy, Inc.

was founded in 2007 and is headquartered in Los Gatos, California.

Industry
Solar
Sector
Technology
State
DE
Filer Category
Emerging growth company
Fiscal Year End
December 31

Company Snapshot

P/S is the primary valuation lens — earnings are reinvested, not available for P/E.

Market Cap

—

P/E (annual)

—

P/S (annual)

—

P/B

—

P/OCF (annual)

—

Shareholder Yield

—

Employees

138

Industry

Solar

Exchange

Nasdaq

11/12

Flags passed

TYGO passes 11/12 quality flags

1 caution to review

  • CAUTION
    Dilution above 2%

    Annual share count increase exceeds 2%. May be acceptable for high-growth companies funding talent via stock compensation

  • PASS
    Gross margin holding
  • PASS
    FCF not negative from investment
  • PASS
    Disclosure consistent
  • PASS
    Revenue not declining
  • PASS
    Operating margin holding
  • PASS
    Free cash flow intact
  • PASS
    Passes safety gate
  • PASS
    Balance sheet stable
  • PASS
    No competitive retreat
  • PASS
    SBC not compressing margin
  • PASS
    No valuation convergence

Strengths Revenue growth accelerating · Deferred revenue growing · Sequential beat (rev + EPS)

A count of the 12 warning flags that could be evaluated. Unweighted: colour follows the worst flag.

Quality Profile

Profitability

1/1 pass
GP / assets
0.57
Return on equity
-4.2%
Gross margin trend
PASS

Safety

1/1 pass
Balance-sheet safety
PASS
Debt / equity
0.74
Current ratio
3.04×
Net cash
-$26.29M

Cash Flow

3/3 pass
Positive FCF
PASS
Cash-backed earnings
PASS
Accruals healthy
PASS
SBC / revenue
7.6%

Growth

1/2 pass
Revenue growth
91.7%
Piotroski F-Score
6 / 9
Share dilution
7.9%

Revenue growth and the path to profitability (margin trend) are the primary reads at this stage.

Profitability

Does it make money well?

No warning flags · GP/assets 100th percentile of 21 SIC 3674 peers

Gross profitability (GP / assets)

0.57

Primary signal (Novy-Marx).

100th pctl of 21 SIC 3674 peers

Return on equity

-4.2%

Gross margin

42.8%

10th pctl of 21 SIC 3674 peers

Revenue growth (YoY)

91.7%

Gross margin improving

Margin trend vs prior year.

PASS

Operating Leverage

2022202320242025
Revenue vs COGS
Revenue vs OpEx
Op. Income vs Revenue

Growth

Revenue CAGR (3Y)

8.4%

Revenue CAGR (5Y)

—

Earnings CAGR (3Y)

—

FCF CAGR (3Y)

—

Cash Flow Health

Is the cash real?

No warning flags · FCF 614% above net income

Free cash flow

$9.66M

Operating cash flow minus capex.

Positive free cash flow

PASS

FCF vs net income

613.7%

(FCF − net income) ÷ |net income|. Positive: cash above earnings. Negative: below.

FCF not below net income

Fails when free cash flow is below net income (yellow flag).

PASS

Accruals healthy

Cash-backed earnings.

PASS

SBC / revenue

7.6%

Stock-based comp intensity.

Balance Sheet Strength

Can it survive a storm?

Caution: Dilution above 2% · net debt $26.29M, F-Score 6/9

Balance-sheet safety

Composite anti-fragile check.

PASS

Debt / equity

0.74

32nd pctl of 20 SIC 3674 peers (best = lowest)

Current ratio

3.04×

50th pctl of 21 SIC 3674 peers

Quick ratio

2.15×

Net cash

-$26.29M

Cash & equivalents minus total debt.

Piotroski F-Score

6 / 9

Fundamental-strength score (0-9).

Valuation

Is the price reasonable?

No warning flags

Capital allocation quality

Composite score

2.0 / 5

Fair
Share count trend
7.9%0/5 Weak
Buyback timing
N/AN/A
Dividend growth consistency(non-payer or broken streak)
0 yr3/5 Good
Net debt trajectory
-1.0%3/5 Good

Lifecycle Phase History

20222025
Hypergrowth
Decline

Price History

TYGO-90.1% · -36.9% CAGRSPY+82.9% · +12.8% CAGR

View full financial statements →

Source filings on SEC EDGAR: 10-K annual reports · 10-Q quarterly reports