Philip Shen

Sameer Joshi

Eric Stine

Auguste Richard

Amit Dayal

- TIGO Energy reported **Q3 2025 revenue of $30.6 million**, representing a **27% sequential increase** and **115% year-over-year growth**, marking its seventh consecutive quarter of sequential revenue growth.  **[0001436444_2209281_1]** **[0001436444_2209281_2]** 
- The company achieved **GAAP operating profitability** and reported **positive adjusted EBITDA of $2.9 million** for Q3 2025.  **[0001436444_2209281_1]** **[0001436444_2209281_2]** 
- **US sales grew approximately 68% sequentially**, making it the largest sales region this quarter, primarily driven by the **successful repower market initiative**.  **[0001436444_2209281_1]** **[0001436444_2209281_2]** **[0001436444_2209281_4]** 
- For **Q4 2025, revenue is expected to be between $29 million and $31 million**, and **adjusted EBITDA between $2 million and $4 million**; **full-year 2025 revenue is anticipated to be between $102.5 million and $104.5 million**.  **[0001436444_2209281_3]** 
- TIGO announced a **domestic manufacturing and marketing partnership with EG4 Electronics** in the US, targeting initial shipments of an optimized inverter solution for Q1 2026.  **[0001436444_2209281_1]** **[0001436444_2209281_4]**

TIGO Energy Reports Q3 2025 Results with Strong Revenue Growth and Positive Adjusted EBITDA

- Tigo Energy, Inc. reported **revenue of $30.6 million** for the third quarter ended September 30, 2025, marking a **115% increase** compared to the third quarter of 2024 and a **27.3% sequential increase** from the second quarter of 2025.  **[1855447_0001213900-25-103094_ea026281301ex99-1_tigo.htm:0]** **[1855447_0001213900-25-103094_ea026281301ex99-1_tigo.htm:1]** 
- The company achieved **income from operations of $0.6 million** and **Adjusted EBITDA of $2.9 million** for Q3 2025, a significant improvement from losses in the prior year period, indicating a return to GAAP operating profitability.  **[1855447_0001213900-25-103094_ea026281301ex99-1_tigo.htm:0]** **[1855447_0001213900-25-103094_ea026281301ex99-1_tigo.htm:1]** 
- Cash, cash equivalents, and marketable securities increased sequentially by **$12.3 million** to **$40.3 million** at September 30, 2025.  **[1855447_0001213900-25-103094_ea026281301ex99-1_tigo.htm:0]** 
- For the fourth quarter ending December 31, 2025, Tigo Energy expects revenues between **$29.0 million and $31.0 million** and Adjusted EBITDA between **$2.0 million and $4.0 million**. Full-year 2025 revenues are anticipated to be between **$102.5 million and $104.5 million**.  **[1855447_0001213900-25-103094_ea026281301ex99-1_tigo.htm:1]**

Tigo Energy Reports Strong Q3 2025 Financial Results and Provides Q4 and Full-Year Guidance

- TYGO reported **$43 million** in revenue for the first half of 2025 and provided Q3 2025 guidance of **$30 million**, projecting full-year 2025 revenue between **$100 million and $105 million**, representing over **85% year-over-year growth**.  **[0001436444_2196085_1]** **[0001436444_2196085_4]** 
- The company achieved **cash positive** status in Q1 2025 and **EBITDA positive** in Q2 2025, with Q2 2025 gross margins at **44.7%** and Q3 2025 EBITDA guidance of **$2 million to $4 million**.  **[0001436444_2196085_4]** **[0001436444_2196085_5]** 
- TYGO is expanding its US manufacturing capabilities through a partnership with EG4 to leverage the **45x manufacturing tax credit** and the **30% investment tax credit** (plus an additional 10% for domestic content).  **[0001436444_2196085_1]** 
- The company holds **$28 million in cash** and **$50 million in long-term debt** as of June 2025.  **[0001436444_2196085_1]** **[0001436444_2196085_2]**

TYGO Provides Update on Growth, Financials, and Market Strategy

- Tigo Energy reported **$54 million** in revenue for the last year (FY 2024) and **$43 million** for the first half of this year (H1 2025), with Q3 2025 revenue guided at **$30 million**.  **[0001436444_2196071_1]**  The company anticipates FY 2025 revenue between **$100 million and $105 million**, reflecting over **85% year-over-year growth**.  **[0001436444_2196071_4]** 
- The company achieved a **44.7% gross margin** in the most recent quarter (Q2 2025), was cash positive since Q1 2025, and EBITDA positive in Q2 2025, with Q3 2025 EBITDA guided between **$2 million and $4 million**.  **[0001436444_2196071_4]**  Tigo Energy holds **$28 million** in cash and has **$50 million** in long-term debt, including a **$50 million note due in early January**.  **[0001436444_2196071_1]** **[0001436444_2196071_5]** 
- Tigo Energy is expanding its US manufacturing capabilities through a partnership with EG4 to capitalize on **45X manufacturing tax credits** and **investment tax credits**.  **[0001436444_2196071_1]**  The company is a leading provider of Module Level Power Electronics (MLPE), with **85%** of its business from MLPE hardware, and generates **60-65%** of its revenue from EMEA.  **[0001436444_2196071_1]** **[0001436444_2196071_2]**

Tigo Energy Provides Financial Update and Strategic Outlook

- Tigo Energy reported a significant revenue rebound in **2025**, with **$42 million** in the first six months, following a decline to **$54 million** in **2024** from **$146 million** in **2023**, and projects **85% to 94%** growth for the full year **2025**.  **[0001436444_2192335_0]** **[0001436444_2192335_3]** 
- The company has diversified its product portfolio, with MLPE optimizers accounting for **85%** of last year's revenues, and new offerings like hybrid inverters and residential battery storage solutions making up **10%**, alongside its Predict+ software platform for utilities.  **[0001436444_2192335_1]** **[0001436444_2192335_2]** 
- Tigo Energy plans to commence U.S. manufacturing in **2026** for the U.S. market, which will provide access to ITC and manufacturing tax credits, and has formed a partnership with EG4 for an optimized inverter solution in the U.S. next year.  **[0001436444_2192335_0]** **[0001436444_2192335_4]** 
- The company has increased its market share in the DC optimizer segment from **9% to 17%** and has achieved cash positive status a few quarters ago and EBITDA positive last quarter, with current quarter EBITDA guidance between **$29 million and $31 million**.  **[0001436444_2192335_1]** **[0001436444_2192335_3]**

TYGO Reports Strong Rebound in 2025 Following 2024 Downturn and Strategic Product Expansion

- TYGO reported a revenue decline to **$54 million** in **2024** from **$146 million** in **2023**, but projects a strong rebound in **2025** with **85-94%** full-year growth guidance.  **[0001436444_2192345_0]** **[0001436444_2192345_4]**  The company achieved **cash positive** status a few quarters ago and **EBITDA positive** last quarter, targeting **40% gross margin** and **20-25% EBITDA margins**.  **[0001436444_2192345_4]** 
- The company expanded its product portfolio to include a **hybrid inverter** and **residential battery storage solution** (10% of revenues), and the **Predict Plus software** for utilities (5% of revenues), complementing its core MLP optimizer (85% of revenues).  **[0001436444_2192345_0]** **[0001436444_2192345_2]** 
- TYGO's market share increased to **17%** in the past year  **[0001436444_2192345_0]** **[0001436444_2192345_2]** , benefiting from a **62% bounce back** in the DC optimizers market in **2025** after a **44% drop in 2024**, with **18% growth** projected for the rest of the decade.  **[0001436444_2192345_1]** 
- A strategic partnership with **EG4** will introduce an optimized inverter solution with **US manufacturing** next year, offering buyers access to **ITC and bonus tax credits** and TYGO access to the **45x manufacturing credit**.  **[0001436444_2192345_0]** **[0001436444_2192345_5]**

TYGO Reports Strong 2025 Rebound, Product Expansion, and US Manufacturing Partnership

- Tigo Energy, Inc. entered into a manufacturing and marketing partnership with EG4 Electronics on **August 19, 2025**, to produce Tigo optimized inverters and Module Level Power Electronics (MLPE) in the United States.  **[1855447_0001213900-25-080131_ea025412301ex99-1_tigo.htm:0]** **[1855447_0001213900-25-080131_ea025412301ex10-1_tigo.htm:0]** **[1855447_0001213900-25-080131_ea0254123-8k_tigo.htm:1]** 
- The manufacturing will occur at EG4 Electronics' **310,000 sq. ft. facility in Commerce, Texas**, acquired in **March 2025**, which is expected to create **more than 1,000 new American jobs**.  **[1855447_0001213900-25-080131_ea025412301ex99-1_tigo.htm:0]** 
- This partnership aims to qualify Tigo for **45x Tax Credits** (Advanced Manufacturing Production Tax Credit) under the Inflation Reduction Act of 2022, with Tigo applying for these credits and sharing an agreed-upon amount with EG4 upon receipt.  **[1855447_0001213900-25-080131_ea0254123-8k_tigo.htm:1]** **[1855447_0001213900-25-080131_ea025412301ex10-1_tigo.htm:2]** 
- The initial term of the manufacturing and supply agreement is until **August 19, 2029**, with automatic one-year renewals.  **[1855447_0001213900-25-080131_ea0254123-8k_tigo.htm:1]**

TIGO ENERGY (TYGO)