Filing Flows › Tigo Energy (TYGO) › Q1 2025
Tigo Energy (TYGO) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 6, 2025
Tigo Energy (TYGO) reported revenue of $18.8M for the first quarter 2025 (Q1 2025), +92% from a year earlier and +9% from the quarter before. Operating margin was -21.1%, net loss $7.0M (37.2% of revenue).
Tigo Energy, Q1 2025: revenue $18.8M (+92% year over year), operating margin -21.1%, net loss $7.0M, operating cash flow −$530K. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $18.8M | +9% | +92% |
| Operating profit | −$4.0M | — | — |
| Net earnings | −$7.0M | — | — |
| Operating cash flow | −$530K | — | — |
What changed
Revenue was $18.8M in Q1 2025, up 92% year over year and up 9% from the previous quarter.
Gross margin was 38.1%, up 9.9 points from a year earlier. Operating costs exceeded revenue by $4.0M, an operating margin of -21.1%. Operating expenses fell 6% while revenue rose 92%. The quarter ended with a net loss of $7.0M, narrower than the previous quarter's $26.8M loss.
Operating cash flow was −$530K. Non-cash charges added back $357K of depreciation and amortization and $1.6M of share-based compensation. Working capital and other items added $4.5M.
Questions
What was Tigo Energy's revenue in the first quarter 2025?
Tigo Energy (TYGO) reported revenue of $18.8M for the first quarter 2025 (Q1 2025), +92% from a year earlier and +9% from the quarter before.
Was Tigo Energy profitable in the first quarter 2025?
Operating loss was $4.0M (-21.1% of revenue) and net loss $7.0M.
Source: Tigo Energy 10-Q on SEC EDGAR.