---
title: "Tigo Energy | 8-K: FY2026 Q1 Revenue Misses Estimate at USD 25.2 M"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/285261456.md"
datetime: "2026-05-05T20:26:57.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/285261456.md)
  - [en](https://longbridge.com/en/news/285261456.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/285261456.md)
---

# Tigo Energy | 8-K: FY2026 Q1 Revenue Misses Estimate at USD 25.2 M

Revenue: As of FY2026 Q1, the actual value is USD 25.2 M, missing the estimate of USD 25.76 M.

EPS: As of FY2026 Q1, the actual value is USD -0.02.

EBIT: As of FY2026 Q1, the actual value is USD -2.409 M.

#### First Quarter 2026 Financial and Operational Highlights

**Revenue**Tigo Energy, Inc. reported revenue of $25.2 million for the first quarter of 2026, representing a 33.7% increase compared to $18.8 million in the first quarter of 2025. Of this, 69.5% of revenue originated from the EMEA region, and 20.9% from the Americas region .

**Gross Profit**Gross profit totaled $10.8 million, or 42.8% of net revenue, for the first quarter of 2026, an increase from $7.2 million, or 38.1% of net revenue, in the first quarter of 2025 .

**Operating Expenses**Total operating expenses were $13.2 million in the first quarter of 2026, compared to $11.2 million in the first quarter of 2025 . Research and development expenses were $2.6 million in Q1 2026, compared to $2.2 million in Q1 2025 . Sales and marketing expenses were $4.5 million in Q1 2026, compared to $3.9 million in Q1 2025 . General and administrative expenses were $6.1 million in Q1 2026, compared to $5.1 million in Q1 2025 .

**Loss from Operations**Loss from operations was - $2.4 million for the first quarter of 2026, an improvement from - $4.0 million in the first quarter of 2025 .

**GAAP Net Loss**The GAAP Net loss for the first quarter of 2026 was - $1.8 million, a significant improvement from a net loss of - $7.0 million in the first quarter of 2025 .

**Non-GAAP Net Loss**Non-GAAP Net loss totaled - $0.1 million in the first quarter of 2026, compared to a non-GAAP Net loss of - $5.4 million in the first quarter of 2025 .

**Adjusted EBITDA Loss**Adjusted EBITDA loss for the first quarter of 2026 was - $0.5 million, an improvement from an adjusted EBITDA loss of - $2.0 million in the first quarter of 2025 .

**Operational Metrics (MLPE Shipments)**During the first quarter of 2026, Tigo Energy, Inc. shipped 615 thousand units, or 468 MW, of Module Level Power Electronics (“MLPE”) .

**Cash and Cash Equivalents**Cash and cash equivalents at the end of the period (March 31, 2026) were $11.6 million, up from $7.7 million at December 31, 2025 .

**Net Cash Used in Operating Activities**Net cash used in operating activities was - $9.3 million for the first quarter of 2026, compared to - $0.5 million for the first quarter of 2025 .

**Net Cash Used in Investing Activities**Net cash used in investing activities was - $0.2 million for the first quarter of 2026, compared to - $3.5 million for the first quarter of 2025 .

**Net Cash Provided by Financing Activities**Net cash provided by financing activities was $13.4 million for the first quarter of 2026, compared to $0.8 million for the first quarter of 2025. This includes $14.25 million from a registered direct offering .

#### Outlook and Guidance

For the second quarter ending June 30, 2026, Tigo Energy, Inc. anticipates revenues between $30.0 million and $32.0 million, with Adjusted EBITDA expected to range from $1.0 million to $3.0 million. The company maintains its full-year 2026 revenue outlook, projecting it to be between $130.0 million and $135.0 million .

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