FTC Solar vs Tigo Energy
FTC Solar and Tigo Energy are similar in size: $99.7m and $104m of revenue in their latest fiscal years. FTC Solar grew faster (110.5% against 91.7%). Tigo Energy kept more of each dollar of sales as profit: a net margin of -1.8% against -79.8%.
| Latest fiscal year | FTC SolarFTCI, 2025 | Tigo EnergyTYGO, 2025 |
|---|---|---|
| Revenue | $99.7m | $104m |
| Revenue growth | 110.5% | 91.7% |
| Net income | −$79.6m | −$1.9m |
| Operating margin | — | -4.3% |
| Net margin | -79.8% | -1.8% |
| Return on equity | — | -10.4% |
| Free cash flow | −$34.6m | $9.7m |
| Cash | $21.1m | $7.7m |
| Total debt | $55.2m | $0 |
| Debt to equity | — | 0.0% |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | — | — |
| Employees | — | 138 |
| Market value | $23.7m | $68.5m |
| Price vs our value range | — | — |
| Moat score | 12 (Weak) | — |
| Insider trades, 12 months | 9 buys, 5 sales | 0 buys, 9 sales |