Filing Flows › Tigo Energy (TYGO) › Q3 2025
Tigo Energy (TYGO) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 4, 2025
Tigo Energy (TYGO) reported revenue of $30.6M for the third quarter 2025 (Q3 2025), +115% from a year earlier and +27% from the quarter before. Operating margin was 2.1%, net loss $2.2M (7.1% of revenue).
Tigo Energy, Q3 2025: revenue $30.6M (+115% year over year), operating margin 2.1%, net loss $2.2M, operating cash flow $1.4M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $30.6M | +27% | +115% |
| Operating profit | $649K | — | — |
| Net earnings | −$2.2M | — | — |
| Operating cash flow | $1.4M | -82% | — |
What changed
Revenue was $30.6M in Q3 2025, up 115% year over year and up 27% from the previous quarter.
Gross margin was 42.7%, up 30.2 points from a year earlier. Operating profit was $649K, a 2.1% margin (up 75.3 points year over year). Operating expenses grew 2% against revenue growth of 115%. The quarter ended with a net loss of $2.2M, narrower than the previous quarter's $4.4M loss. Net interest and other expense of $2.6M was the main reason.
Operating cash flow was $1.4M. Non-cash charges added back $301K of depreciation and amortization and $1.9M of share-based compensation. Working capital and other items added $1.4M. Capital expenditures of −$46K left free cash flow of $1.5M.
Questions
What was Tigo Energy's revenue in the third quarter 2025?
Tigo Energy (TYGO) reported revenue of $30.6M for the third quarter 2025 (Q3 2025), +115% from a year earlier and +27% from the quarter before.
Was Tigo Energy profitable in the third quarter 2025?
Operating profit was $649K (2.1% of revenue) and net loss $2.2M.
Source: Tigo Energy 10-Q on SEC EDGAR.