Tigo Energy (TYGO) Asset Utilization Ratio (2023 - 2026)
Tigo Energy's 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 has reported Asset Utilization Ratio for 4 years, with the latest figure at 1.44 in Q1 2026.
- For the quarter ending Q1 2026, Asset Utilization Ratio rose 63.65% year-over-year to 1.44; the trailing twelve-month figure through Mar 2026 stood at 1.44 (up 63.65% YoY), and the FY2025 full-year result 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 2.15 in Q1 2023, with the low at 0.46 in Q3 2024.
- Average Asset Utilization Ratio over 4 years is 1.05, with a median of 0.98 recorded in 2025.
- Year-over-year, Asset Utilization Ratio tumbled 70.7% in 2024 and surged 113.89% in 2025.
- Tracing TYGO's Asset Utilization Ratio over 4 years: 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 climbed by 29.04% to 1.44 in 2026.
- The last three Asset Utilization Ratio figures came in at 1.44 (Q1 2026), 1.11 (Q4 2025), and 0.96 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 26.65 Bn | 24.22 Bn | 486.13 Mn | 0.41 |
| 2 | Nextpower | 17.99 Bn | 16.90 Bn | 297.38 Mn | 0.90 |
| 3 | Canadian Solar | 15.11 Bn | 15.69 Bn | 124.40 Mn | 0.74 |
| 4 | Enphase Energy | 8.19 Bn | 7.26 Bn | 100.39 Mn | 0.45 |
| 5 | Solaredge Technologies | 3.80 Bn | 3.25 Bn | 68.28 Mn | 0.52 |
| 6 | Sunrun | 3.38 Bn | 4.27 Bn | 543.70 Mn | 0.14 |
| 7 | Shoals Technologies | 1.60 Bn | 1.60 Bn | 41.01 Mn | 0.55 |
| 8 | Array Technologies | 1.25 Bn | 1.05 Bn | 63.00 Mn | 0.82 |
| 9 | JinkoSolar Holding | 677.44 Mn | 2.29 Bn | 147.66 Mn | 0.51 |
| 10 | Tigo Energy | 288.14 Mn | 276.56 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 | 0.46 |
| 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 |