Tigo Energy Posts 73% Q4 Revenue Surge and $15M Capital Raise
Tigo Energy reported Q4 revenue rose 73% year-over-year to $30 million, delivering $11.7 million net income versus a $26.8 million loss a year earlier, and narrowed full-year net loss to $1.9 million on $103.5 million revenue. On February 25 the company agreed to sell 5 million shares at $3 each to raise $15 million for working capital.
1. Q4 and Full-Year Financial Performance
Tigo Energy delivered Q4 revenue of $30 million, up 73% from Q4 2024, with operating income of $0.3 million versus a $24.1 million operating loss last year. The quarter produced $11.7 million in net income compared to a $26.8 million net loss a year earlier, while full-year revenue climbed 91.7% to $103.5 million and gross profit reached $44.4 million, narrowing the full-year net loss to $1.9 million.
2. Share Offering and Capital Use
On February 25 the company entered a definitive agreement to sell 5 million shares at $3 per share, generating $15 million in gross proceeds. Net proceeds will support general corporate purposes and bolster working capital.
3. Outlook and Business Operations
Tigo Energy guided Q1 revenue of $25 million to $27 million and forecasts full-year revenue growth of 26%–30%, factoring in EMEA seasonality and a potential $0.5 million reserve for a slow-paying distributor. The company specializes in MLPE hardware and software—power optimizers, inverters, and battery storage—to boost solar yield, safety, and monitoring for residential and commercial installations.