---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-23-084309"
form_type: "8-K"
ticker: "TYGO"
cik: "0001855447"
company_name: "TIGO ENERGY, INC."
filed_at: "2023-11-07T23:59:59+00:00"
generated_at: "2026-06-08T17:28:08.211649+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Tigo Energy Reports Q3 2023 Revenue of $17.1M and Net Income of $29.1M; Provides Q4 Guidance

## Summary
- Third quarter 2023 revenue of $17.1 million, down 25.1% compared to $22.8 million in Q3 2022.
- Net income of $29.1 million included a $50.5 million mark-to-market benefit from convertible note conversion feature amendment.
- Adjusted EBITDA loss of $9.5 million, compared to adjusted EBITDA of $0.4 million in the prior year period.
- Record MLPE monitoring registrations despite shipment delays; EMEA channel inventories at ~6 months of demand.
- Fourth quarter 2023 guidance: revenue $15-$20 million, adjusted EBITDA loss $8-$12 million.

## SEC filing metadata
- accession: 0001213900-23-084309
- form_type: 8-K
- ticker: TYGO
- cik: 0001855447
- company_name: TIGO ENERGY, INC.
- filed_at: 2023-11-07T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1855447/000121390023084309/0001213900-23-084309-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1855447/000121390023084309/ea187861-8k_tigoenergy.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-23-084309
- JSON: https://secwatch.observer/filing/0001213900-23-084309.json
- Plain text: https://secwatch.observer/filing/0001213900-23-084309.txt

## Key facts
- Earnings Releases
  TIGO ENERGY, INC. reported the nine months ended September 30, 2023 results: revenue $136.0 million, net income $13.8 million. Guidance reaffirmed.
  - Period: the nine months ended September 30, 2023
  - Revenue: $136.0 million
  - Net income: $13.8 million
  - Guidance: reaffirmed
  - Result: reported results
  source text: Third Quarter and First Nine Months 2023 Revenue Totaled $17.1 Million and $136.0 Million, Respectively
  evidence_url: https://www.sec.gov/Archives/edgar/data/1855447/000121390023084309/0001213900-23-084309-index.htm
- Earnings Releases
  TIGO ENERGY, INC. reported the third quarter ended September 30, 2023 results: revenue $17.1 million, net income $29.1 million. Guidance reaffirmed.
  - Period: the third quarter ended September 30, 2023
  - Revenue: $17.1 million
  - Net income: $29.1 million
  - Guidance: reaffirmed
  - Result: reported results
  source text: INC., DATED NOVEMBER 7, 2023 Exhibit 99.1 Tigo Energy Reports Third Quarter and First Nine Months 2023 Financial Results Third Quarter and First Nine Months 2023 Revenue Totaled $17.1 Million and $136.0 Million, Respectively CAMPBELL, Calif. – November 7, 2023 – Tigo Energy, Inc. (“Tigo”, or the “Company”) , a leading provider of intelligent solar and energy storage
  evidence_url: https://www.sec.gov/Archives/edgar/data/1855447/000121390023084309/0001213900-23-084309-index.htm
- Earnings Releases
  TIGO ENERGY, INC. reported the fourth quarter ending December 31, 2023 results: revenue Revenues are expected to be within the range of $15 million to $20 million.. Guidance initiated.
  - Period: the fourth quarter ending December 31, 2023
  - Revenue: Revenues are expected to be within the range of $15 million to $20 million.
  - Guidance: initiated
  - Result: guidance update
  source text: The Company also provides guidance for the fourth quarter ending December 31, 2023 as follows: ● Revenues are expected to be within the range of $15 million to $20 million.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1855447/000121390023084309/0001213900-23-084309-index.htm

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