Tigo Energy Q2 FY26 swings to GAAP profit of $2.2 million; revenue rises 5.6% to $25.4 million
TYGO•Outlook
Outlook: Q3 revenue $24 million-$26 million; adjusted EBITDA loss of $1 million to profit of $0.5 million; full-year revenue of $100 million-$110 million.
Balance sheet and inventory
Inventory fell to $20.6 million from year-end 2025’s $31.3 million; cash and cash equivalents ended at $16.9 million.
Q2 results return to profit
Tigo Energy posted Q2 2026 GAAP net income of $2.2 million, returning to profit from a year-ago GAAP net loss of $4.4 million.
Revenue rose 5.6% year over year to $25.4 million, missing guidance; gross margin fell 5.4 percentage points to 39.3%.
Adjusted EBITDA was $52,000, down from $1.1 million a year earlier; GAAP results included a $3.2 million discrete income-tax benefit.
