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| Date | Value |
|---|---|
| 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 |