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Side-by-side financial comparison of CANADIAN IMPERIAL BANK OF COMMERCE (CM) and TIGO ENERGY, INC. (TYGO). Click either name above to swap in a different company.

TIGO ENERGY, INC. is the larger business by last-quarter revenue ($9.2B vs $6.1B, roughly 1.5× CANADIAN IMPERIAL BANK OF COMMERCE).

The Imperial Bank of Canada was a Canadian bank that operated from 1873 to 1961. In 1961, Imperial merged with the Canadian Bank of Commerce to become the Canadian Imperial Bank of Commerce.

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.

CM vs TYGO — Head-to-Head

Bigger by revenue
TYGO
TYGO
1.5× larger
TYGO
$9.2B
$6.1B
CM

Income Statement — Q1 FY2026 vs Q4 FY2023

Metric
CM
CM
TYGO
TYGO
Revenue
$6.1B
$9.2B
Net Profit
$2.3B
Gross Margin
0.0%
Operating Margin
Net Margin
36.9%
Revenue YoY
Net Profit YoY
-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
CM
CM
TYGO
TYGO
Q1 26
$6.1B
Q3 25
$5.3B
Q2 25
$5.1B
Q4 23
$9.2B
Q3 23
$17.1B
Q2 23
$68.8B
Q1 23
$50.1B
Q3 22
$22.8B
Net Profit
CM
CM
TYGO
TYGO
Q1 26
$2.3B
Q3 25
$1.5B
Q2 25
$1.5B
Q4 23
Q3 23
$29.1M
Q2 23
$-22.2M
Q1 23
$6.9M
Q3 22
$-2.4M
Gross Margin
CM
CM
TYGO
TYGO
Q1 26
Q3 25
Q2 25
Q4 23
0.0%
Q3 23
0.0%
Q2 23
0.0%
Q1 23
0.0%
Q3 22
0.0%
Operating Margin
CM
CM
TYGO
TYGO
Q1 26
Q3 25
Q2 25
Q4 23
Q3 23
-0.1%
Q2 23
0.0%
Q1 23
0.0%
Q3 22
-0.0%
Net Margin
CM
CM
TYGO
TYGO
Q1 26
36.9%
Q3 25
28.9%
Q2 25
28.6%
Q4 23
Q3 23
0.2%
Q2 23
-0.0%
Q1 23
0.0%
Q3 22
-0.0%
EPS (diluted)
CM
CM
TYGO
TYGO
Q1 26
Q3 25
Q2 25
Q4 23
Q3 23
$-0.27
Q2 23
$-0.84
Q1 23
$0.05
Q3 22
$-0.92

Balance Sheet & Financial Strength

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

Metric
CM
CM
TYGO
TYGO
Cash + ST InvestmentsLiquidity on hand
$8.0B
$31.2M
Total DebtLower is stronger
$50.0M
Stockholders' EquityBook value
$47.9B
$62.8M
Total Assets
$826.8B
$127.8M
Debt / EquityLower = less leverage
0.80×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CM
CM
TYGO
TYGO
Q1 26
$8.0B
Q3 25
$13.9B
Q2 25
$10.2B
Q4 23
$31.2M
Q3 23
$36.7M
Q2 23
$55.6M
Q1 23
$123.8K
Q3 22
$266.5K
Total Debt
CM
CM
TYGO
TYGO
Q1 26
Q3 25
Q2 25
Q4 23
$50.0M
Q3 23
$50.0M
Q2 23
$50.0M
Q1 23
Q3 22
Stockholders' Equity
CM
CM
TYGO
TYGO
Q1 26
$47.9B
Q3 25
$45.9B
Q2 25
$45.2B
Q4 23
$62.8M
Q3 23
$75.8M
Q2 23
$30.4M
Q1 23
$-38.2M
Q3 22
$-57.3M
Total Assets
CM
CM
TYGO
TYGO
Q1 26
$826.8B
Q3 25
$804.6B
Q2 25
$795.8B
Q4 23
$127.8M
Q3 23
$143.1M
Q2 23
$195.1M
Q1 23
$24.9M
Q3 22
$117.9M
Debt / Equity
CM
CM
TYGO
TYGO
Q1 26
Q3 25
Q2 25
Q4 23
0.80×
Q3 23
0.66×
Q2 23
1.64×
Q1 23
Q3 22

Cash Flow & Capital Efficiency

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

Metric
CM
CM
TYGO
TYGO
Operating Cash FlowLast quarter
$-1.6B
$-37.2M
Free Cash FlowOCF − Capex
$-39.3M
FCF MarginFCF / Revenue
-0.4%
Capex IntensityCapex / Revenue
0.0%
Cash ConversionOCF / Net Profit
-0.69×
TTM Free Cash FlowTrailing 4 quarters
$-70.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CM
CM
TYGO
TYGO
Q1 26
$-1.6B
Q3 25
$4.3B
Q2 25
$667.2M
Q4 23
$-37.2M
Q3 23
$-24.4M
Q2 23
$153.0K
Q1 23
$-5.1M
Q3 22
$-6.8M
Free Cash Flow
CM
CM
TYGO
TYGO
Q1 26
Q3 25
Q2 25
Q4 23
$-39.3M
Q3 23
$-24.8M
Q2 23
$-1.2M
Q1 23
$-5.3M
Q3 22
$-7.2M
FCF Margin
CM
CM
TYGO
TYGO
Q1 26
Q3 25
Q2 25
Q4 23
-0.4%
Q3 23
-0.1%
Q2 23
-0.0%
Q1 23
-0.0%
Q3 22
-0.0%
Capex Intensity
CM
CM
TYGO
TYGO
Q1 26
Q3 25
Q2 25
Q4 23
0.0%
Q3 23
0.0%
Q2 23
0.0%
Q1 23
0.0%
Q3 22
0.0%
Cash Conversion
CM
CM
TYGO
TYGO
Q1 26
-0.69×
Q3 25
2.80×
Q2 25
0.46×
Q4 23
Q3 23
-0.84×
Q2 23
Q1 23
-0.74×
Q3 22

Financial Flow Comparison

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

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