Solar and energy software solutions provider Tigo Energy improved its year-on-year (YoY) revenue in Q3 2025 by 115% to $30.6 million, also 27.3% higher on sequential basis, driven by strong growth in the EMEA and Americas regions. These regions accounted for 70% and 26% of the company’s revenues for the quarter, respectively.  

This is the company’s 7th sequential increase in a row, it said. In the US especially sales grew by around 68% sequentially as it targets growth in the repower market. 

The management shared that the company is geographically diversified with 79% of Q3 2025 YTD revenues occurring outside of the US. Europe, representing 70% of the quarter’s YTD revenues, is expected to rebound from a 1% decline in 2024 and grow 3% in 2025. The US market, representing 21% of the quarterly YTD revenues, is expected to decline 1% in 2025 following a 19% decline in 2024. 

 “We are pleased to report a return to GAAP operating profitability this quarter, following our achievement of adjusted EBITDA profitability at the end of the second quarter,” said Tigo Energy’s CFO Bill Roeschlein. “Supported by a measured use of our at-the-market (ATM) program, which concluded this month, we increased cash on hand to $40.3 million at quarter-end.” 

Its net loss totaled $2.2 million, narrowed down by 83.5% from $13.1 million in Q3 2024. Adjusted EBITDA totaled $2.9 million, compared to a loss of $8.3 million last year.  

For Q4 2025, Tigo expects revenues within $29 million to $31 million and adjusted EBITDA within the range of $2.0 million to $4.0 million. For full year 2025, it projects revenue of $102.5 million and $104.5 million.  

Tigo currently outsources contract manufacturing in Thailand and China. In H1 2026, it expects to begin production at its US factory.