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Side-by-side financial comparison of CBRE Group (CBRE) and TIGO ENERGY, INC. (TYGO). Click either name above to swap in a different company.

CBRE Group is the larger business by last-quarter revenue ($10.5B vs $9.2B, roughly 1.1× TIGO ENERGY, INC.). TIGO ENERGY, INC. produced more free cash flow last quarter ($-39.3M vs $-605.0M).

CBRE can refer to:Canadian Brotherhood of Railway Employees, a railway trade union in Canada Chemical, Biological, Radiological and Explosive Defence Group, a counter-terrorism unit in Singapore CBRE Group, a multinational real estate corporation Certified broadcast radio engineer, a professional title regulated by The Society of Broadcast Engineers

Tigo Energy is an American private corporation, headquartered in Los Gatos, California, United States. It provides products, technologies, software, and services to installers, distributors, and original equipment manufacturers within the photovoltaic industry. It specializes in module-level power optimizers and smart module power electronics.

CBRE vs TYGO — Head-to-Head

Bigger by revenue
CBRE
CBRE
1.1× larger
CBRE
$10.5B
$9.2B
TYGO
More free cash flow
TYGO
TYGO
$565.7M more FCF
TYGO
$-39.3M
$-605.0M
CBRE

Income Statement — Q1 FY2026 vs Q4 FY2023

Metric
CBRE
CBRE
TYGO
TYGO
Revenue
$10.5B
$9.2B
Net Profit
$318.0M
Gross Margin
17.6%
0.0%
Operating Margin
4.9%
Net Margin
3.0%
Revenue YoY
22.0%
Net Profit YoY
95.1%
-1736.1%
EPS (diluted)

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CBRE
CBRE
TYGO
TYGO
Q1 26
$10.5B
Q4 25
$11.5B
Q3 25
$10.1B
Q2 25
$9.6B
Q1 25
$8.8B
Q4 24
$10.2B
Q3 24
$8.8B
Q2 24
$8.2B
Net Profit
CBRE
CBRE
TYGO
TYGO
Q1 26
$318.0M
Q4 25
$416.0M
Q3 25
$363.0M
Q2 25
$215.0M
Q1 25
$163.0M
Q4 24
$487.0M
Q3 24
$225.0M
Q2 24
$130.0M
Gross Margin
CBRE
CBRE
TYGO
TYGO
Q1 26
17.6%
Q4 25
17.3%
Q3 25
17.7%
Q2 25
17.1%
Q1 25
17.1%
Q4 24
18.7%
Q3 24
18.1%
Q2 24
17.6%
Operating Margin
CBRE
CBRE
TYGO
TYGO
Q1 26
4.9%
Q4 25
5.4%
Q3 25
4.8%
Q2 25
3.9%
Q1 25
3.1%
Q4 24
5.8%
Q3 24
4.2%
Q2 24
3.0%
Net Margin
CBRE
CBRE
TYGO
TYGO
Q1 26
3.0%
Q4 25
3.6%
Q3 25
3.6%
Q2 25
2.2%
Q1 25
1.9%
Q4 24
4.8%
Q3 24
2.5%
Q2 24
1.6%
EPS (diluted)
CBRE
CBRE
TYGO
TYGO
Q1 26
Q4 25
$1.38
Q3 25
$1.21
Q2 25
$0.72
Q1 25
$0.54
Q4 24
$1.58
Q3 24
$0.73
Q2 24
$0.42

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CBRE
CBRE
TYGO
TYGO
Cash + ST InvestmentsLiquidity on hand
$1.7B
$31.2M
Total DebtLower is stronger
$5.1B
$50.0M
Stockholders' EquityBook value
$8.9B
$62.8M
Total Assets
$30.2B
$127.8M
Debt / EquityLower = less leverage
0.57×
0.80×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CBRE
CBRE
TYGO
TYGO
Q1 26
$1.7B
Q4 25
$1.9B
Q3 25
$1.7B
Q2 25
$1.4B
Q1 25
$1.4B
Q4 24
$1.1B
Q3 24
$1.0B
Q2 24
$928.0M
Total Debt
CBRE
CBRE
TYGO
TYGO
Q1 26
$5.1B
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Stockholders' Equity
CBRE
CBRE
TYGO
TYGO
Q1 26
$8.9B
Q4 25
$8.9B
Q3 25
$8.5B
Q2 25
$8.3B
Q1 25
$8.3B
Q4 24
$8.4B
Q3 24
$8.7B
Q2 24
$8.4B
Total Assets
CBRE
CBRE
TYGO
TYGO
Q1 26
$30.2B
Q4 25
$30.9B
Q3 25
$28.6B
Q2 25
$27.7B
Q1 25
$26.4B
Q4 24
$24.4B
Q3 24
$24.8B
Q2 24
$23.5B
Debt / Equity
CBRE
CBRE
TYGO
TYGO
Q1 26
0.57×
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CBRE
CBRE
TYGO
TYGO
Operating Cash FlowLast quarter
$-825.0M
$-37.2M
Free Cash FlowOCF − Capex
$-605.0M
$-39.3M
FCF MarginFCF / Revenue
-5.7%
-0.4%
Capex IntensityCapex / Revenue
0.8%
0.0%
Cash ConversionOCF / Net Profit
-2.59×
TTM Free Cash FlowTrailing 4 quarters
$1.2B
$-70.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CBRE
CBRE
TYGO
TYGO
Q1 26
$-825.0M
Q4 25
$1.2B
Q3 25
$827.0M
Q2 25
$57.0M
Q1 25
$-546.0M
Q4 24
$1.3B
Q3 24
$573.0M
Q2 24
$287.0M
Free Cash Flow
CBRE
CBRE
TYGO
TYGO
Q1 26
$-605.0M
Q4 25
$1.1B
Q3 25
$743.0M
Q2 25
$-17.0M
Q1 25
$-610.0M
Q4 24
$1.2B
Q3 24
$494.0M
Q2 24
$220.0M
FCF Margin
CBRE
CBRE
TYGO
TYGO
Q1 26
-5.7%
Q4 25
9.4%
Q3 25
7.4%
Q2 25
-0.2%
Q1 25
-7.0%
Q4 24
12.2%
Q3 24
5.6%
Q2 24
2.7%
Capex Intensity
CBRE
CBRE
TYGO
TYGO
Q1 26
0.8%
Q4 25
1.3%
Q3 25
0.8%
Q2 25
0.8%
Q1 25
0.7%
Q4 24
0.9%
Q3 24
0.9%
Q2 24
0.8%
Cash Conversion
CBRE
CBRE
TYGO
TYGO
Q1 26
-2.59×
Q4 25
2.94×
Q3 25
2.28×
Q2 25
0.27×
Q1 25
-3.35×
Q4 24
2.75×
Q3 24
2.55×
Q2 24
2.21×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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