---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-23-064542"
form_type: "8-K"
ticker: "TYGO"
cik: "0001855447"
company_name: "TIGO ENERGY, INC."
filed_at: "2023-08-08T23:59:59+00:00"
generated_at: "2026-06-12T02:53:49.389242+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Tigo Energy Q2 revenue $68.8M (+290% YoY); Q3 guidance $41-45M revenue, $1-3M adj. EBITDA

## Summary
- Record Q2 revenue of $68.8M, up 290% YoY; gross margin improved to 37.6% from 31.4%.
- Net loss of $22.2M vs $0.2M net income a year ago, including $38.3M mark-to-market loss on convertible note.
- Adjusted EBITDA $13.6M, up from $0.8M in Q2 2022.
- Q3 guidance: revenue $41-45M, adjusted EBITDA $1-3M, signaling sharp sequential decline.
- Cash and equivalents $62.0M at June 30, 2023.

## SEC filing metadata
- accession: 0001213900-23-064542
- form_type: 8-K
- ticker: TYGO
- cik: 0001855447
- company_name: TIGO ENERGY, INC.
- filed_at: 2023-08-08T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1855447/000121390023064542/0001213900-23-064542-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1855447/000121390023064542/ea183063-8k_tigoenergy.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-23-064542
- JSON: https://secwatch.observer/filing/0001213900-23-064542.json
- Plain text: https://secwatch.observer/filing/0001213900-23-064542.txt

## Key facts
- Earnings Releases
  TIGO ENERGY, INC. reported second quarter ended June 30, 2023 results: revenue $68.8 million, net income Net loss of $22.2 million. Guidance initiated.
  - Period: second quarter ended June 30, 2023
  - Revenue: $68.8 million
  - Net income: Net loss of $22.2 million
  - Guidance: initiated
  - Result: reported results
  source text: DATED AUGUST 8, 2023 Exhibit 99.1 Tigo Energy Reports Record Revenues and Gross Profit For Second Quarter 2023 2023 Year-over-Year Quarterly and First Half Revenue Increased to $68.8 Million and to $118.9 Million, Respectively Gross Profit of $25.9 million, or 37.6% of Revenues CAMPBELL, Calif. – August 8, 2023 – Tigo Energy, Inc. (“Tigo”, or the “Company”) , a
  evidence_url: https://www.sec.gov/Archives/edgar/data/1855447/000121390023064542/0001213900-23-064542-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.