Tigo Energy — Third Quarter 2026 Earnings Summary

Tigo Energy reported third-quarter 2026 revenue of $24.0 million, a 21.5% decrease from the prior year, while achieving a GAAP net income of $0.4 million compared to a net loss in the previous period. The company's gross margin improved to 46.2%, driven by a $0.8 million tariff refund and a reduction in operating expenses, though Adjusted EBITDA declined to $1.5 million. Cash and cash equivalents rose to $16.8 million as inventory levels were reduced by $13.2 million, while long-term debt increased to $2.5 million. For the full year 2026, Tigo updated its revenue outlook to a range of $95 million to $97 million and provided fourth-quarter guidance of $20 million to $22 million in revenue.