Filing Flows › Tigo Energy (TYGO) › Q2 2025
Tigo Energy (TYGO) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 5, 2025
Tigo Energy (TYGO) reported revenue of $24.1M for the second quarter 2025 (Q2 2025), +89% from a year earlier and +28% from the quarter before. Operating margin was -6.3%, net loss $4.4M (18.4% of revenue).
Tigo Energy, Q2 2025: revenue $24.1M (+89% year over year), operating margin -6.3%, net loss $4.4M, operating cash flow $7.8M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $24.1M | +28% | +89% |
| Operating profit | −$1.5M | — | — |
| Net earnings | −$4.4M | — | — |
| Operating cash flow | $7.8M | — | — |
What changed
Revenue was $24.1M in Q2 2025, up 89% year over year and up 28% from the previous quarter.
Gross margin was 44.7%, up 14.3 points from a year earlier. Operating costs exceeded revenue by $1.5M, an operating margin of -6.3%. Operating expenses fell 0% while revenue rose 89%. The quarter ended with a net loss of $4.4M, narrower than the previous quarter's $7.0M loss. Net interest and other expense of $2.8M was the main reason.
Operating cash flow was $7.8M. Non-cash charges added back $285K of depreciation and amortization and $2.3M of share-based compensation. Working capital and other items added $9.6M.
Questions
What was Tigo Energy's revenue in the second quarter 2025?
Tigo Energy (TYGO) reported revenue of $24.1M for the second quarter 2025 (Q2 2025), +89% from a year earlier and +28% from the quarter before.
Was Tigo Energy profitable in the second quarter 2025?
Operating loss was $1.5M (-6.3% of revenue) and net loss $4.4M.
Source: Tigo Energy 10-Q on SEC EDGAR.