Tigo Energy, Inc. · NASDAQ:TYGO
Tigo Energy — Q1 2026 Earnings Presentation
21 slides from Tigo Energy's earnings presentation, May 5, 2026
Slide 1: Intelligent Solar, Energy Storage and Software Solutions
Investor Presentation Intelligent Solar, Energy Storage and Software Solutions May 2026 1
Slide 2: Disclaimers
Disclaimers Forward Looking Statements Certain statements included in this Presentation are not historical facts but are forward-looking statements, including for purposes of the safe harbor provisions under the United States Private Securities Litigation Reform Act of 1995. Forward-looking statemen
Slide 3: Disclaimers
Disclaimers Forward Looking Statements Trademarks We own or have rights to various trademarks, service marks and trade names that we use in connection with the operation of our business. This Presentation also contains trademarks, service marks, trade names and copyrights of third parties, which are
Slide 4: Tigo’s Mission
Tigo’s Mission To deliver smart hardware and software solutions that increase energy yield, enhance safety, and lower operating costs of residential, commercial, and utility-scale solar systems TS4 MLPE GO Inverter GO ATS GO Battery Energy Intelligence Platform 4
Slide 5: Company Highlights
Company Highlights Tigo Is A Leading Provider Of Open-Architecture MLPE In The Market Select Customers & Partners Tigo’s TS4 Module-Level Power Electronics (“MLPE”) is designed to work with most inverters in the marketplace today. We believe customers choose Tigo for its design flexibility, high rel
Slide 6: Gaining Market Share and Expanding Our Addressable Market
Gaining Market Share and Expanding Our Addressable Market Continued Industry Growth in Key Markets (1) Tigo Market Share Gains(1) Global DC Optimizer Market Share 2022 Tigo is gaining market share in MLPE(1) MLPE Optimizer Market (GW) Tigo, 9% 5.4% CAGR $14B TAM in 2026 14 8% Market share increa
Slide 7: Tigo Business Overview
Tigo Tigo Business Overview
Slide 8: Tigo TS4 MLPE, GO ESS, and EI Platform
Tigo TS4 MLPE, GO ESS, and EI Platform Tigo Bundles Proprietary Hardware and Software Into an Easy-to-Use Platform Solar Module MLPE / Optimizer GO ESS / EI Residential EI Software Platform Grid Not made by Tigo Optimizer & rapid shut-down solutions Energy storage and inverter solutions Software sol
Slide 9: Tigo TS4 MLPE
Tigo TS4 MLPE Flexible and Reliable Solutions • Connect to virtually any solar module in seconds • Works with most inverters • More than 10 million units operating worldwide • 8.7% PV performance improvement* 3 800W 10M+ 1,000+ Features to Rated for high- Units operating Inverters tested, choose fro
Slide 10: Tigo TS4 MLPE Serves All Three Solar Markets
TS4 Flex MLPE GO ESS EI Platform Tigo TS4 MLPE Serves All Three Solar Markets Residential • 13 kW • Residential • Australia Performance Optimization | Increase Energy Output Tigo optimizers increase energy output from solar panels and decrease the losses from shading, module mismatch, degradation, a
Slide 11: A Complete Energy Storage Solution With GO ESS
TS4 Flex MLPE GO ESS EI Platform A Complete Energy Storage Solution With GO ESS (1) Tigo Continues To Expand Its Addressable Market With Innovative Energy Storage Solutions US EMEA Hybrid Inverter/Battery Hybrid Inverter/Battery 3-11.4 kW storage-ready hybrid inverter 3-15 kW storage-ready single &
Slide 12: Tigo Energy Intelligence Platform
Tigo Energy Intelligence Platform All-in-one commissioning, operating, and monitoring platform • Quick commissioning and layout with bulk scan • Visibility to the performance of every module • Real-time and historical data • Mobile access for remote stakeholders • Interactive dashboards for multi-si
Slide 13: EI Predict+
TS4 Flex MLPE GO ESS EI Platform EI Predict+ Unlock savings and new revenue with the data platform built for the distributed grid. EI Predict+ uses AI and machine learning technology to automatically forecast electricity generation and consumption of individual endpoints or aggregated energy portfol
Slide 14: Tigo Advantages
Tigo Advantages Selective Selective optim ization uses less energy and increases reliability vs. constant Optimization & optimization; selective deploym ent permits use of optimizers on panels and lowers Deployment cost vs. solutions that require optimizers on 100% of panels Unlike competitors’ clos
Slide 15: Financial Overview
Tigo Financial Overview
Slide 16: Revenue and Gross Margin
Revenue and Gross Margin Annual Revenue($M) and YoY Change Revenue($M) by Quarter and YoY Percentage Change +29% at Midpoint +28% at Midpoint +115% +74% Guidance* +79% 30.6 30.0 +34% 30.0-32.0 +92% Guidance* 25.2 $145 $130 - $135 (63)% $103.5 $54 2023 2024 2025 2026E Q3'25 Q4'25 Q1'26 Q2'26E Annual
Slide 17: Operating Expenses and Adjusted EBITDA
Operating Expenses and Adjusted EBITDA Annual Operating Expenses ($M) Operating Expenses by Quarter ($M) $13.2 $59.6 $13.0 $47.8 $48.9 $12.4 $12.3 2023 2024 2025 Q2'25 Q3'25 Q4'25 Q1'26 Annual Adjusted EBTIDA (Loss) ($M) Adjusted EBITDA (Loss) by Quarter ($M) $4.6 $2.9 $2.7 Guidance* $1.0 - $3.0 $1.
Slide 18: Diverse Array of Global Customers
Diverse Array of Global Customers Q1’26 YTD Revenue by Customers (1) EMEA Americas Rest of World 3.0% 3.3% 9.5% 3.4% 3.5% 6.5% 4.7% 5.3% 1) Compares Tigo’s top customers (those representing >3% of revenue) with remaining customer base (61%) Q1’26 Revenue by Geography ROW 9% Americas 21% Tigo continu
Slide 19: Appendix
Appendix 19
Slide 20: Quarterly EBITDA & Net Income (Loss) Reconciliation
Quarterly EBITDA & Net Income (Loss) Reconciliation All figures presented in millions of US dollars Q2’25 Q3’25 Q4’25 Q1’26 GAAP Net Loss ($4.4) ($2.2) $11.7 ($1.9) + Total other expenses, net 2.7 2.7 -11.3 -0.5 + Provision for income taxes 0.2 0.2 -0.1 0.0 + Depreciation & Amortization
Slide 21: Annual EBITDA & Net Income (Loss) Reconciliation
Annual EBITDA & Net Income (Loss) Reconciliation All figures presented in millions of US dollars 2023 2024 2025 GAAP Net Loss ($1.0) ($62.7) ($1.9) + Total other expenses (income), net (7.4) 10.6 (3.3) + Provision for income taxes 0.1 0.1 0.6 + Depreciation & Amortization 1.1 1.2 1.3 EBITDA ($7.2) (