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

Nvidia brought in $215.9B of revenue in fiscal 2026, Tigo Energy $103.5B in fiscal 2025. Revenue changed by +65.5% at Nvidia and +91.7% at Tigo Energy on the year before, so Tigo Energy grew faster. Nvidia kept 55.6% of its revenue as net profit, Tigo Energy -0.0%. Free cash flow was $96.7B at Nvidia and $9.7M at Tigo Energy.

Side by side, latest fiscal year

NVDATYGO
Fiscal year endedFY2026 (January 25, 2026)FY2025 (December 31, 2025)
Revenue$215.9B$103.5B
Revenue growth+65.5%+91.7%
Net income$120.1B-$1.9M
Net margin55.6%-0.0%
Free cash flow$96.7B$9.7M
Free cash flow margin44.8%0.0%
Earnings per share (diluted)$4.90-$0.03
Cash$10.6B$7.7M
Debt$8.5B$0
Price to earnings45.9n/a
Market value$5.45T$66M
Dividend yield0.02%n/a
Rank by revenue in sector#4 of 530 · Technology#7 of 530 · Technology

Over the years

Revenue
NVDA FY2019: $11.7BNVDA FY2020: $10.9BNVDA FY2021: $16.7BNVDA FY2022: $26.9BNVDA FY2023: $27BNVDA FY2024: $60.9BNVDA FY2025: $130.5BNVDA FY2026: $215.9BTYGO FY2022: $81.3BTYGO FY2023: $145.2BTYGO FY2024: $54BTYGO FY2025: $103.5BFY19FY20FY21FY22FY23FY24FY25FY26
NVDA $215.9BTYGO $103.5B
Net income
NVDA FY2019: $4.1BNVDA FY2020: $2.8BNVDA FY2021: $4.3BNVDA FY2022: $9.8BNVDA FY2023: $4.4BNVDA FY2024: $29.8BNVDA FY2025: $72.9BNVDA FY2026: $120.1BTYGO FY2021: -$2KTYGO FY2021: -$402.5KTYGO FY2022: -$7MTYGO FY2023: -$984KTYGO FY2024: -$62.7MTYGO FY2025: -$1.9MFY19FY20FY21FY22FY23FY24FY25FY26
NVDA $120.1BTYGO -$1.9M
Net margin
NVDA FY2019: 35.3%NVDA FY2020: 25.6%NVDA FY2021: 26.0%NVDA FY2022: 36.2%NVDA FY2023: 16.2%NVDA FY2024: 48.8%NVDA FY2025: 55.8%NVDA FY2026: 55.6%TYGO FY2022: -0.0%TYGO FY2023: -0.0%TYGO FY2024: -0.1%TYGO FY2025: -0.0%FY19FY20FY21FY22FY23FY24FY25FY26
NVDA 55.6%TYGO -0.0%
Revenue growth
NVDA FY2020: -6.8%NVDA FY2021: +52.7%NVDA FY2022: +61.4%NVDA FY2023: +0.2%NVDA FY2024: +125.9%NVDA FY2025: +114.2%NVDA FY2026: +65.5%TYGO FY2023: +78.6%TYGO FY2024: -62.8%TYGO FY2025: +91.7%FY20FY21FY22FY23FY24FY25FY26
NVDA +65.5%TYGO +91.7%
Free cash flow
NVDA FY2022: $8.1BNVDA FY2023: $3.8BNVDA FY2024: $27BNVDA FY2025: $60.9BNVDA FY2026: $96.7BTYGO FY2022: -$17.6MTYGO FY2023: -$39.3MTYGO FY2024: -$13.6MTYGO FY2025: $9.7MFY22FY23FY24FY25FY26
NVDA $96.7BTYGO $9.7M

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

Questions about Nvidia and Tigo Energy

Which is bigger by revenue, Nvidia or Tigo Energy?

Nvidia is bigger by revenue: $215.9B in fiscal 2026, against $103.5B for Tigo Energy in fiscal 2025.

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

Nvidia had a net margin of 55.6% in fiscal 2026; Tigo Energy had -0.0% in fiscal 2025.

Which grew revenue faster, Nvidia or Tigo Energy?

In their latest fiscal years revenue changed by +65.5% at Nvidia 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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