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Tigo Energy (TYGO) Q3 2026 earnings results (third quarter 2026)

10-Q filed Nov 4, 2026

Tigo Energy (TYGO) reported revenue of $24.0M for the third quarter 2026 (Q3 2026), -21% from a year earlier and -5% from the quarter before. Operating margin was -0.3%, net earnings $361K (1.5% of revenue).

Revenue$24.0M
Year over year-21%
Quarter over quarter-5%
Operating margin-0.3%
Net earnings$361K

Tigo Energy, Q3 2026: revenue $24.0M (-22% year over year), operating margin -0.3%, net earnings $361K, operating cash flow $2.0M. The chart follows the revenue to costs, profit and cash.

Q3 2026AmountQ/QY/Y
Revenue$24.0M-5%-21%
Operating profit−$77K—-112%
Net earnings$361K-83%—
Operating cash flow$2.0M—+39%
Free cash flow$1.9M—+28%

What changed

Revenue was $24.0M in Q3 2026, down 21% year over year and down 5% from the previous quarter.

Gross margin was 46.2%, up 3.5 points from Q3 2025. Operating costs exceeded revenue by $77K, an operating margin of -0.3%. Operating expenses fell 10% while revenue fell 21%. Net earnings were $361K. The tax line was a benefit of $306K on pre-tax earnings of $55K. Non-operating items added $132K, 240% of pre-tax earnings, so the bottom line overstates operating performance.

Operating cash flow was $2.0M (up 39% year over year), 552% of net earnings. Non-cash charges added back $353K of depreciation and amortization and $1.2M of share-based compensation. Capital expenditures of $100K left free cash flow of $1.9M.

Questions

What was Tigo Energy's revenue in the third quarter 2026?

Tigo Energy (TYGO) reported revenue of $24.0M for the third quarter 2026 (Q3 2026), -21% from a year earlier and -5% from the quarter before.

Was Tigo Energy profitable in the third quarter 2026?

Operating loss was $77K (-0.3% of revenue) and net earnings $361K.

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Source: Tigo Energy 10-Q on SEC EDGAR.