Tigo Energy TYGO
NASDAQ TYGO
$1.03 -0.01 (-0.96%)
As of: Sep 10, 2026 · 3:59 PM EDT

Tigo Energy (TYGO) Asset Utilization Ratio (2023 - 2026)

Tigo Energy (TYGO) posted Asset Utilization Ratio of 1.46 for Q2 2026, up 1.35% on a QoQ basis from 1.44 in Q1 2026, and up 48.11% year-over-year from 0.98 in Q2 2025.

Analysis

Tigo Energy (TYGO) Asset Utilization Ratio (2023 - 2026) Analysis & Trends

Tigo Energy has reported Asset Utilization Ratio for 4 years, with the latest figure at 1.46 in Q2 2026.

  • On a quarterly basis, Asset Utilization Ratio rose 48.11% year-over-year to 1.46 in Q2 2026; TTM through Jun 2026 was 1.46, a 48.11% increase from a year earlier, with the FY2025 full-year figure at 1.37, up 154.85% from the prior year.
  • Asset Utilization Ratio was 1.46 for Q2 2026 at Tigo Energy, up from 1.44 in the prior quarter.
  • The five-year high for Asset Utilization Ratio was 2.15 in Q1 2023, with the low at 0.46 in Q3 2024.
  • Average Asset Utilization Ratio over 4 years is 1.07, with a median of 0.99 recorded in 2025.
  • The sharpest annual moves came in 2024 and 2025: Asset Utilization Ratio slumped 70.7% in 2024, then jumped 113.89% in 2025.
  • Over 4 years, Asset Utilization Ratio stood at 1.07 in 2023, then tumbled by 41.24% to 0.63 in 2024, then soared by 76.84% to 1.11 in 2025, then surged by 30.78% to 1.46 in 2026.
  • The last three Asset Utilization Ratio figures came in at 1.46 (Q2 2026), 1.44 (Q1 2026), and 1.11 (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 First Solar 22.26 Bn 20.53 Bn 605.00 Mn 0.40
2 Nextpower 12.25 Bn 11.04 Bn 335.85 Mn 0.87
3 Enphase Energy 4.86 Bn 3.93 Bn 175.01 Mn 0.47
4 Solaredge Technologies 2.25 Bn 1.67 Bn 95.15 Mn 0.56
5 T1 Energy 1.29 Bn 1.08 Bn 49.10 Mn 0.67
6 Shoals Technologies 1.19 Bn 1.18 Bn 49.53 Mn 0.57
7 Canadian Solar 877.81 Mn -588.69 Mn 168.48 Mn 0.32
8 Array Technologies 700.09 Mn 392.79 Mn 99.60 Mn 0.79
9 JinkoSolar Holding 608.82 Mn -2.07 Bn 75.62 Mn 0.47
10 Tigo Energy 78.57 Mn 61.66 Mn 10.00 Mn 1.46
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 1.46
Mar 31, 2026 1.44
Dec 31, 2025 1.11
Sep 30, 2025 0.96
Jun 30, 2025 0.98
Mar 31, 2025 0.88
Dec 31, 2024 0.63
Sep 30, 2024 0.46
Jun 30, 2024 0.46
Mar 31, 2024 0.89
Dec 31, 2023 1.07
Sep 30, 2023 0.99
Jun 30, 2023 1.57
Mar 31, 2023 2.15