Company Analysis

Tigo Energy, Inc. (TYGO)

Nasdaq: TYGO · Semiconductors & Related Devices · Los Gatos, CA · filing with the SEC since 2021
Grade4.2
◀ Past 2.0● Present 4.4▶ Future 6.7
2 est.

The grade of Tigo Energy, Inc.

Nine metrics read from its own filings, by tense
Headline grade
4.2/10
◀ Past2.035% of the headline
● Present4.438% of the headline
▶ Future6.728% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

Of the nine metrics, 7 read as filed from the record and 2 are SI estimates, each with its reasoning, its confidence and what would change it on its card.

◀ Past

What did they actually do?

2.0/1035% of the headline grade · 2 of 3 filed, 1 estimated

Surviving crises

as filed
1.3/10

Has it survived what it has been through?

6 warning events since 2021; the latest 2025-04-07.

weight 39% of this tense · 13th percentile among 99 sector filers · read for itself

From the record

Tigo Energy, Inc.'s filings since 2021 show 6 warning events of 3 kinds: a notice about its exchange listing (8-K item 3.01, 2 times, the latest 2025-04-07); an auditor change (8-K item 4.01, the latest 2023-06-30); a late-report notice (Form NT 10-K or NT 10-Q, 3 times, the latest 2022-04-01) (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
3.5/10

What has it actually done, year after year?

+8.4% a year over 4 filed years; profitable in 0 of 4.

weight 39% of this tense · 35th percentile among 93 sector filers · read for its customers

From the record

Tigo Energy, Inc.'s 4 filed years say what it did: revenue went from $81 million in fiscal 2022 to $104 million in fiscal 2025, up 8.4% a year; it rose in 2 of 3 years; the deepest fall was 63% from fiscal 2023 to fiscal 2024; net income was positive in 0 of 4 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span8.4%top 41% of its family
  • the share of years revenue rosetop 47% of its family
  • the share of filed years with a profitbottom 10% of its family
  • the deepest fall from a revenue peak62.8%bottom 18% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

SI estimate
0.6/10

How has it treated the people who own it?

SI estimate 0.6/10, confidence 35 of 100 (one part).

weight 22% of this tense · 6th percentile among 94 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate
Read from one part only, the share count over the years, which ranks in the bottom 6% of 94 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income.
What the record cannot read
Fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income.
How it was reasoned
one part: the share count over the years, the one part on file, ranked among 94 in its family.
Confidence
35 of 100
What would change it
A filing that carries the missing parts replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: Tigo Energy, Inc.'s shareholder treatment is put at 0.6 of 10 with a confidence of 35 of 100, because read from one part only, the share count over the years, which ranks in the bottom 6% of 94 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income. A filing that carries the missing parts replaces this estimate with the filed reading.

● Present

What are they doing right now?

4.4/1038% of the headline grade · 2 of 3 filed, 1 estimated

Financial health

as filed
4.4/10

Is it financially healthy right now?

ROE -7%: lost 7¢ per shareholder dollar. Leverage 65%: owes 65¢ per asset dollar.

weight 45% of this tense · 44th percentile among 95 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-12-31, Tigo Energy, Inc. lost about 7 cents for every dollar of shareholders' money, and gross profitability: its products earned about 57 cents per dollar of everything the company owns. Leverage: it owed about 65 cents per dollar of assets, and net share issuance: its share count grew 7.9% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetsbottom 18% of its family
  • return on equitybottom 30% of its family
  • gross profit against assetstop 3% of its family
  • the share count against the year beforebottom 30% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
4.6/10

How strong is its position in its industry?

bottom 46% of 97 in its family; net margin -1.8%.

weight 33% of this tense · 46th percentile among 97 sector filers · read for its customers

From the record

Tigo Energy, Inc.'s standing among 97 graded names in its industry family: revenue of $104 million in fiscal 2025 ranks in the bottom 29% by size; a net margin of -1.8% ranks in the bottom 45%; revenue growth of 8.4% a year over the last 3 filed years ranks in the top 37% (its annual reports).

What it rests on

  • revenue against the family$104Mbottom 29% of its family
  • net margin-1.8%bottom 45% of its family
  • three-year revenue growth8.4%top 37% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

SI estimate
4.1/10

What are the people in charge doing?

SI estimate 4.1/10, confidence 35 of 100 (one part).

weight 22% of this tense · 41st percentile among 79 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate
Read from one part only, officer and director changes on Form 8-K over three years, against the people in charge, which ranks in the bottom 41% of 79 in its family; the record of its people begins on 2023-05-23 (a listing, a merger or a first filing under the rules) and its chief executive and most of the people in charge have filed since then, so the record shows a floor of 3.5 years and cannot see past it; a floor under five years is not read as years in charge.
What the record cannot read
The record of its people begins on 2023-05-23 (a listing, a merger or a first filing under the rules) and its chief executive and most of the people in charge have filed since then, so the record shows a floor of 3.5 years and cannot see past it; a floor under five years is not read as years in charge.
How it was reasoned
one part: officer and director changes on Form 8-K, against the people in charge, the one part on file, ranked among 79 in its family.
Confidence
35 of 100
What would change it
A filing that carries the missing parts replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: Tigo Energy, Inc.'s leadership is put at 4.1 of 10 with a confidence of 35 of 100, because read from one part only, officer and director changes on Form 8-K over three years, against the people in charge, which ranks in the bottom 41% of 79 in its family; the record of its people begins on 2023-05-23 (a listing, a merger or a first filing under the rules) and its chief executive and most of the people in charge have filed since then, so the record shows a floor of 3.5 years and cannot see past it; a floor under five years is not read as years in charge. A filing that carries the missing parts replaces this estimate with the filed reading.

▶ Future

What are they set up to do next?

6.7/1028% of the headline grade · 3 of 3 filed

Room to expand

as filed
4.7/10

How much room does it have to grow?

bottom 47% of 94 in its family for room to expand.

weight 34% of this tense · 47th percentile among 94 sector filers · read for itself

From the record

Tigo Energy, Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $8 million against debt of $0 thousand leaves 9.8% of its assets as net cash, bottom 47% of its family; cash from operations less capital spending is 9.3% of revenue (top 39%); a gross margin of 42.8% (top 48%); research spending of 8.9% of revenue (bottom 27%) (its annual report).

What it rests on

  • cash less debt against assets9.8%bottom 47% of its family
  • cash from operations less capital spending against revenue9.3%top 39% of its family
  • gross margin42.8%top 48% of its family
  • research spending against revenue8.9%bottom 27% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
6.7/10

What could actually drive growth from here?

top 33% of 93 in its family for growth drivers.

weight 33% of this tense · 67th percentile among 93 sector filers · read for its customers

From the record

Tigo Energy, Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew 8.4% a year over the last three filed years against 8.4% over all 4, speeding up (top 28% of its family); the newest year grew 91.8% (top 9%); research spending grew 17.6% a year (top 18%); capital spending grew -17.6% a year (bottom 22%) (its annual reports). Tigo Energy, Inc. tags no split of its revenue by line in the annual report on file, so growth by line cannot be read here; research and capital spending are on the trend.

What it rests on

  • three-year growth against the whole span+0.0 points a yeartop 28% of its family
  • the newest year's revenue growth91.8%top 9% of its family
  • three-year growth of research spending17.6%top 18% of its family
  • three-year growth of capital spending-17.6%bottom 22% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
8.7/10

Did its newest year beat what its own record pointed to?

top 13% of 88 in its family for expectations against reality.

weight 34% of this tense · 87th percentile among 88 sector filers · read for its shareholders

From the record

Tigo Energy, Inc.'s newest year against its own record: revenue of $104 million in fiscal 2025 came in 135.2% above the $44 million its prior three years' pace pointed to (top 10% of its family); net income of $2 million against a prior three-year average of $24 million (top 19%); a net margin of -1.8% against -41.8% before (top 12%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace135.2%top 10% of its family
  • net income against the prior three years' average+92%top 19% of its family
  • net margin against its prior average+40.0 pointstop 12% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton TYGO · research, not advice