Tigo Energy Q3 revenue falls 21.5% to $24.0 million; GAAP net income $0.4 million
Tigo Energy reported unaudited third-quarter 2026 results on November 4, 2026. Revenue fell 21.5% year over year to $24.0 million, while the company swung to GAAP net income of $0.4 million from a $2.2 million loss a year earlier. Its fourth-quarter guidance calls for revenue of $20 million to $22 million and an adjusted EBITDA loss of $1.5 million to $3.0 million, and it updated full-year 2026 revenue to $95 million to $97 million.
Key points
- Q3 2026 revenue was $24.0 million, down from $30.6 million; adjusted EBITDA was $1.5 million, down from $2.9 million.
- GAAP net income was $0.4 million, compared with a net loss of $2.2 million in Q3 2025; Q3 results include a $0.8 million tariff refund.
- Q4 2026 guidance: revenue of $20 million to $22 million and adjusted EBITDA loss of $(3.0) million to $(1.5) million.
- Full-year 2026 revenue outlook was updated to $95 million to $97 million; U.S. revenue fell 51.4% year over year in Q3.
The filing
Written by AI on Nov 9, 2026, 11:44 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 04, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.