Tigo Energy Soars 56.1% on 89.4% Revenue Surge

Tigo Energy's stock price surged by 56.1% in pre-market trading on July 30, 2025, driven by an impressive 89.4% year-over-year revenue growth in the second quarter of 2025.

Tigo Energy reported a significant increase in revenue, reaching $24.1 million for the second quarter of 2025. This substantial growth was primarily driven by strong performance in the EMEA region, which contributed $18.3 million to the total revenue. The company's gross profit also saw a notable increase, reaching $10.8 million, up from $3.9 million in the previous year.

The company's positive adjusted EBITDA of $1.1 million and increased cash, cash equivalents, and marketable securities by $7.7 million for the quarter. Tigo Energy has experienced six consecutive quarters of revenue growth, indicating a strong market position and demand for their solutions. The company is expanding its market share, particularly in the EMEA region, with significant contributions from countries like Germany, the Czech Republic, and Poland.

However, Tigo Energy faces challenges such as refinancing $50 million in convertible debt maturing in January 2026, which could impact financial stability. The company reported a GAAP net loss of $4.4 million for the second quarter, although this was an improvement from the previous year's loss. Operating expenses remained flat at $12.3 million, which may limit the company's ability to invest in growth initiatives. The company is not yet providing guidance for 2026, indicating uncertainty about future market conditions and financial performance.