Tigo Energy TYGO
NASDAQ TYGO
$1.10 +0.01 (+0.91%)
As of: Aug 21, 2026 · 2:01 PM EDT

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

Tigo Energy (TYGO) posted quarterly Asset Utilization Ratio of 1.44 for Q1 2026, up 63.65% year-over-year from 0.88 in Q1 2025, and up 29.04% quarter-over-quarter from 1.11 in Q4 2025.

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

Tigo Energy's Asset Utilization Ratio history runs 4 years deep, the most recent figure standing at 1.44 for Q1 2026.

  • In Q1 2026, Asset Utilization Ratio rose 63.65% year-over-year to 1.44; the TTM figure through Mar 2026 stood at 1.44 (up 63.65% YoY), while the FY2025 annual figure was 1.37, up 154.85% from the prior year.
  • Asset Utilization Ratio for Q1 2026 stood at 1.44, up from 1.11 in the prior quarter.
  • The five-year high for Asset Utilization Ratio was 1.44 in Q1 2026, with the low at 0.98 in Q3 2024.
  • The 4-year median for Asset Utilization Ratio is 0.88 (2025), against an average of 0.5.
  • The sharpest annual moves came in 2024 and 2025: Asset Utilization Ratio tumbled 241.3% in 2024, then soared 362.39% in 2025.
  • Tigo Energy's Asset Utilization Ratio stood at 0.36 in 2023, then jumped by 272.89% to 0.63 in 2024, then jumped by 76.84% to 1.11 in 2025, then gained by 29.04% to 1.44 in 2026.
  • Business Quant data shows TYGO's Asset Utilization Ratio at 1.44 in Q1 2026, 1.11 in Q4 2025, and 0.96 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 First Solar 23.04 Bn 21.31 Bn 605.00 Mn 0.40
2 Nextpower 13.03 Bn 11.82 Bn 335.85 Mn 0.87
3 Enphase Energy 5.04 Bn 4.11 Bn 175.01 Mn 0.47
4 Sunrun 2.20 Bn 2.20 Bn 527.54 Mn 0.15
5 Solaredge Technologies 1.88 Bn 1.30 Bn 95.15 Mn 0.56
6 Shoals Technologies 1.21 Bn 1.20 Bn 49.53 Mn 0.57
7 Canadian Solar 974.82 Mn -613.47 Mn 124.40 Mn 0.74
8 JinkoSolar Holding 833.73 Mn -2.47 Bn 147.66 Mn 0.51
9 Array Technologies 723.94 Mn 416.64 Mn 99.60 Mn 0.79
10 Tigo Energy 84.29 Mn 67.38 Mn 10.00 Mn 1.46

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 -0.98
Jun 30, 2024 -0.90
Mar 31, 2024 -0.33
Dec 31, 2023 -0.36
Sep 30, 2023 0.69
Jun 30, 2023 1.12
Mar 31, 2023 1.27