Tigo Energy (TYGO) Asset Utilization Ratio (2023 - 2026)
Tigo Energy's (TYGO) Asset Utilization Ratio was 1.46 for Q2 2026, up 48.1% from 0.98 a year earlier and up 1.3% from the prior quarter.
Powered by 
Analysis
Tigo Energy (TYGO) Asset Utilization Ratio (2023 - 2026) Analysis & Trends
For FY2025, Asset Utilization Ratio at Tigo Energy was 1.37, up 154.8% from FY2024.
- By year, Asset Utilization Ratio came in at 0.54 in FY2024 (-60.0%), 1.35 in FY2023 (+70.4%) and 0.79 in FY2022.
- The Q2 2026 figure ranks as the highest quarterly Asset Utilization Ratio since Q2 2023.
- Year over year, Asset Utilization Ratio has now increased in each of the last five quarters, with growth averaging 39.7% over the last eight quarters.
- The high point for year-over-year Asset Utilization Ratio in five years was Q2 2025 (growth of 113.9%); the low point was Q2 2024 (a decline of 70.7%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 1.44 (Q1 2026), 1.11 (Q4 2025) and 0.96 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 252.99 Bn | 214.06 Bn | 2.36 Bn | 0.53 |
| 2 | Bloom Energy | 81.25 Bn | 73.07 Bn | 355.57 Mn | 0.60 |
| 3 | First Solar | 18.82 Bn | 9.78 Bn | 605.00 Mn | 0.40 |
| 4 | BWX Technologies | 12.55 Bn | 10.85 Bn | 202.31 Mn | 0.80 |
| 5 | Generac Holdings | 12.21 Bn | 11.04 Bn | 521.81 Mn | 0.78 |
| 6 | Nextpower | 11.82 Bn | 7.71 Bn | 335.85 Mn | 0.87 |
| 7 | EnerSys | 6.67 Bn | 4.86 Bn | 313.36 Mn | 0.95 |
| 8 | Enphase Energy | 4.36 Bn | -500.13 Mn | 175.01 Mn | 0.47 |
| 9 | Mirion Technologies | 3.45 Bn | 1.34 Bn | 133.10 Mn | 0.29 |
| 10 | Tigo Energy | 69.86 Mn | -6.61 Mn | 10.00 Mn | 1.46 |
Historic Data
Download Data
Historic 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 | 0.46 |
| 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 |
API Access
Tigo Energy Asset Utilization Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=TYGO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "TYGO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=TYGO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();