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Alphabet vs Tigo Energy: revenue, profit, margins and growth compared

Alphabet brought in $402.8B of revenue in fiscal 2025, Tigo Energy $103.5B in fiscal 2025. Revenue changed by +15.1% at Alphabet and +91.7% at Tigo Energy on the year before, so Tigo Energy grew faster. Alphabet kept 32.8% of its revenue as net profit, Tigo Energy -0.0%. Free cash flow was $73.3B at Alphabet and $9.7M at Tigo Energy.

Side by side, latest fiscal year

GOOGLTYGO
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$402.8B$103.5B
Revenue growth+15.1%+91.7%
Net income$132.2B-$1.9M
Net margin32.8%-0.0%
Free cash flow$73.3B$9.7M
Free cash flow margin18.2%0.0%
Earnings per share (diluted)$10.81-$0.03
Cash$30.7B$7.7M
Debt$49.1B$0
Price to earnings31.8n/a
Market value$4.21T$66M
Dividend yield0.24%n/a
Rank by revenue in sector#2 of 530 · Technology#7 of 530 · Technology

Over the years

Revenue
GOOGL FY2018: $136.8BGOOGL FY2019: $161.9BGOOGL FY2020: $182.5BGOOGL FY2021: $257.6BGOOGL FY2022: $282.8BGOOGL FY2023: $307.4BGOOGL FY2024: $350BGOOGL FY2025: $402.8BTYGO FY2022: $81.3BTYGO FY2023: $145.2BTYGO FY2024: $54BTYGO FY2025: $103.5BFY18FY19FY20FY21FY22FY23FY24FY25
GOOGL $402.8BTYGO $103.5B
Net income
GOOGL FY2018: $30.7BGOOGL FY2019: $34.3BGOOGL FY2020: $40.3BGOOGL FY2021: $76BGOOGL FY2022: $60BGOOGL FY2023: $73.8BGOOGL FY2024: $100.1BGOOGL FY2025: $132.2BTYGO FY2021: -$2KTYGO FY2021: -$402.5KTYGO FY2022: -$7MTYGO FY2023: -$984KTYGO FY2024: -$62.7MTYGO FY2025: -$1.9MFY18FY19FY20FY21FY22FY23FY24FY25
GOOGL $132.2BTYGO -$1.9M
Net margin
GOOGL FY2018: 22.5%GOOGL FY2019: 21.2%GOOGL FY2020: 22.1%GOOGL FY2021: 29.5%GOOGL FY2022: 21.2%GOOGL FY2023: 24.0%GOOGL FY2024: 28.6%GOOGL FY2025: 32.8%TYGO FY2022: -0.0%TYGO FY2023: -0.0%TYGO FY2024: -0.1%TYGO FY2025: -0.0%FY18FY19FY20FY21FY22FY23FY24FY25
GOOGL 32.8%TYGO -0.0%
Revenue growth
GOOGL FY2019: +18.3%GOOGL FY2020: +12.8%GOOGL FY2021: +41.2%GOOGL FY2022: +9.8%GOOGL FY2023: +8.7%GOOGL FY2024: +13.9%GOOGL FY2025: +15.1%TYGO FY2023: +78.6%TYGO FY2024: -62.8%TYGO FY2025: +91.7%FY19FY20FY21FY22FY23FY24FY25
GOOGL +15.1%TYGO +91.7%
Free cash flow
GOOGL FY2018: $22.8BGOOGL FY2019: $31BGOOGL FY2020: $42.8BGOOGL FY2021: $67BGOOGL FY2022: $60BGOOGL FY2023: $69.5BGOOGL FY2024: $72.8BGOOGL FY2025: $73.3BTYGO FY2022: -$17.6MTYGO FY2023: -$39.3MTYGO FY2024: -$13.6MTYGO FY2025: $9.7MFY18FY19FY20FY21FY22FY23FY24FY25
GOOGL $73.3BTYGO $9.7M

Fiscal years as each company reports them; the two may end in different months.

Questions about Alphabet and Tigo Energy

Which is bigger by revenue, Alphabet or Tigo Energy?

Alphabet is bigger by revenue: $402.8B in fiscal 2025, against $103.5B for Tigo Energy in fiscal 2025.

Which keeps more of its revenue as profit, Alphabet or Tigo Energy?

Alphabet had a net margin of 32.8% in fiscal 2025; Tigo Energy had -0.0% in fiscal 2025.

Which grew revenue faster, Alphabet or Tigo Energy?

In their latest fiscal years revenue changed by +15.1% at Alphabet and +91.7% at Tigo Energy.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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