Tigo Energy (TYGO) Asset Utilization Ratio (2023 - 2026)
Tigo Energy's (TYGO) quarterly Asset Utilization Ratio came in at 1.44 in Q1 2026, up 63.65% year-on-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.
- On a quarterly basis, Asset Utilization Ratio rose 63.65% year-over-year to 1.44 in Q1 2026; TTM through Mar 2026 was 1.44, a 63.65% increase from a year earlier, with the FY2025 full-year figure at 1.37, up 154.85% from the prior year.
- Asset Utilization Ratio improved to 1.44 in Q1 2026 per TYGO's latest filing, from 1.11 in the prior quarter.
- Across five years, Asset Utilization Ratio topped out at 1.44 in Q1 2026 and bottomed at 0.98 in Q3 2024.
- The 4-year median for Asset Utilization Ratio is 0.88 (2025), against an average of 0.5.
- Across the five-year window, Asset Utilization Ratio plunged 241.3% in 2024 and soared 362.39% in 2025, its largest moves.
- Year by year, Asset Utilization Ratio stood at 0.36 in 2023, then surged by 272.89% to 0.63 in 2024, then surged by 76.84% to 1.11 in 2025, then advanced by 29.04% to 1.44 in 2026.
- Per Business Quant, the three latest TYGO Asset Utilization Ratio figures stand at 1.44 (Q1 2026), 1.11 (Q4 2025), and 0.96 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 22.08 Bn | 19.65 Bn | 486.13 Mn | 0.41 |
| 2 | Nextpower | 15.32 Bn | 14.23 Bn | 297.38 Mn | 0.90 |
| 3 | Enphase Energy | 4.98 Bn | 4.05 Bn | 100.39 Mn | 0.45 |
| 4 | JinkoSolar Holding | 3.20 Bn | -107.75 Mn | 147.66 Mn | 0.51 |
| 5 | Solaredge Technologies | 2.60 Bn | 2.04 Bn | 68.28 Mn | 0.52 |
| 6 | Sunrun | 2.35 Bn | 687.09 Mn | 407.49 Mn | 0.14 |
| 7 | Shoals Technologies | 1.55 Bn | 1.55 Bn | 41.01 Mn | 0.55 |
| 8 | Canadian Solar | 925.64 Mn | 166.07 Mn | 124.40 Mn | 0.74 |
| 9 | Array Technologies | 843.55 Mn | 642.85 Mn | 63.00 Mn | 0.82 |
| 10 | Tigo Energy | 123.38 Mn | 111.81 Mn | 10.79 Mn | 1.44 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |