Tigo Energy Reports Second Quarter 2026 Financial Results
Tigo Energy reported Q2 revenue of $25.4 million, up 5.6% year-over-year but missing company guidance due to soft U.S. sales and partner delays. GAAP net income turned positive to $2.2 million, largely driven by a one-time $3.2 million tax benefit, while adjusted EBITDA fell to $52 thousand and gross margins contracted to 39.3%. Management reduced inventory by over $10 million to $20.6 million and ended the quarter with $16.9 million in cash.
Key figures
- Eps
- 0.03
- Revenue
- 25400000
- Guidance
- Q3 revenue $24M-$26M; FY 2026 revenue $100M-$110M
- Revenue Yoy
- 5.6%
- Mlpe mw
- 527
- Inventory
- 20600000
- Mlpe units
- 702000
- Gross margin
- 39.3%
- Adjusted ebitda
- 52000
- Cash and equivalents
- 16900000
AI analysis
Red flags5 · Pro
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.