Tigo Energy Inc. (TYGO) Financial Statements (2026 and earlier)

Company Profile

Business Address 983 UNIVERSITY AVENUE
LOS GATOS, CA 95032
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 3674 - Semiconductors and Related Devices (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)
Annual | Quarterly

3/31/2026
MRQ
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments7,67019,90231,21188803
Cash and cash equivalent7,67011,7464,40588803
Short-term investments  8,15626,806  
Restricted cash and investments   300  
Receivables13,8957,9766,862135 
Inventory, net of allowances, customer advances and progress billings31,28621,99761,401  
Inventory31,28621,99761,401  
Prepaid expense    150189
Other undisclosed current assets5,1483,5334,936  
Total current assets:57,99953,408104,710374991
Noncurrent Assets
Operating lease, right-of-use asset2,3381,5762,503  
Property, plant, and equipment, after accumulated depreciation, depletion, and amortization2,6522,8123,458  
Intangible asset, including goodwill, after accumulated amortization13,86114,13114,401  
Goodwill12,20912,20912,209  
Intangible asset, excluding goodwill, after accumulated amortization1,6521,9222,192  
Asset, held-in-trust    24,678116,738
Deferred income tax assets   21  
Other noncurrent assets1,187984707 103
Other undisclosed noncurrent assets   1,977  
Total noncurrent assets:20,03819,50323,06724,678116,841
TOTAL ASSETS:78,03772,911127,77725,052117,832
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:36,95115,93424,892667245
Accounts payable29,1968,07715,685  
Accrued liabilities7,7557,8579,207395 
Other undisclosed accounts payable and accrued liabilities    272245
Deferred revenue961525335  
Other undisclosed current liabilities8566491,192  
Total current liabilities:38,76817,10826,419667245
Noncurrent Liabilities
Long-term debt and lease obligation  40,51131,570  
Long-term debt, excluding current maturities  40,51131,570  
Liabilities, other than long-term debt11,3956,9076,964  
Accounts payable and accrued liabilities8,7185,3025,106  
Deferred revenue860644466  
Operating lease, liability1,8179611,392  
Other undisclosed noncurrent liabilities251    
Total noncurrent liabilities:11,64647,41838,534  
Other undisclosed liabilities    395 
Total liabilities:50,41464,52664,9531,062245
Temporary equity, including noncontrolling interest    24,322116,725
Equity
Equity, attributable to parent27,6238,38562,824(332)863
Common stock76600
Additional paid in capital168,022146,903138,6572511,268
Accumulated other comprehensive income (loss)  2(59)  
Accumulated deficit(140,406)(138,526)(75,780)(584)(406)
Total equity:27,6238,38562,824(332)863
TOTAL LIABILITIES AND EQUITY:78,03772,911127,77725,052117,832

Income Statement (P&L) ($ in thousands)
Annual | Quarterly

3/31/2026
TTM
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
Revenues103,53654,014145,233  
Cost of revenue(59,185)(58,170)(93,924)  
Cost of product and service sold(1,481)(23,108)(713)  
Gross profit:44,351(4,156)51,309  
Operating expenses(48,850)(47,841)(59,584)(1,429)(416)
Operating loss:(4,499)(51,997)(8,275)(1,429)(416)
Nonoperating income (expense)3,222(10,646)7,4291,64613
Investment income, nonoperating 9198672,3221,64613
Interest and debt expense(1,132)(11,420)(171)  
Income (loss) from continuing operations before equity method investments, income taxes:(2,409)(74,063)(1,017)217(403)
Other undisclosed income (loss) from continuing operations before income taxes1,13211,420171  
Income (loss) from continuing operations before income taxes:(1,277)(62,643)(846)217(403)
Income tax expense (benefit)(603)(103)(138)(395)85
Income (loss) from continuing operations:(1,880)(62,746)(984)(178)(318)
Loss before gain (loss) on sale of properties:✕✕✕✕✕(318)
Other undisclosed net loss     (85)
Net income (loss) attributable to parent:(1,880)(62,746)(984)(178)(403)
Preferred stock dividends and other adjustments    (1,152)7,799
Other undisclosed net loss available to common stockholders, basic   (1,981)  
Net income (loss) available to common stockholders, basic:(1,880)(62,746)(2,965)(1,330)7,397
Other undisclosed net loss available to common stockholders, diluted   (2,923)  
Net income (loss) available to common stockholders, diluted:(1,880)(62,746)(5,888)(1,330)7,397

Comprehensive Income ($ in thousands)
Annual | Quarterly

3/31/2026
TTM
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
Net income (loss):(1,880)(62,746)(984)(178)(403)
Comprehensive income (loss):(1,880)(62,746)(984)(178)(403)
Other undisclosed comprehensive income (loss), net of tax, attributable to parent (2)61(59)  
Comprehensive income (loss), net of tax, attributable to parent:(1,882)(62,685)(1,043)(178)(403)

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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