Tigo Energy (TYGO) Asset Utilization Ratio (2023 - 2026)
Tigo Energy (TYGO) posted Asset Utilization Ratio of 1.46 for Q2 2026, up 1.35% on a QoQ basis from 1.44 in Q1 2026, and up 48.11% year-over-year from 0.98 in Q2 2025.
Analysis
Tigo Energy (TYGO) Asset Utilization Ratio (2023 - 2026) Analysis & Trends
Tigo Energy has reported Asset Utilization Ratio for 4 years, with the latest figure at 1.46 in Q2 2026.
- On a quarterly basis, Asset Utilization Ratio rose 48.11% year-over-year to 1.46 in Q2 2026; TTM through Jun 2026 was 1.46, a 48.11% increase from a year earlier, with the FY2025 full-year figure at 1.37, up 154.85% from the prior year.
- Asset Utilization Ratio was 1.46 for Q2 2026 at Tigo Energy, up from 1.44 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 1.07, with a median of 0.99 recorded in 2025.
- The sharpest annual moves came in 2024 and 2025: Asset Utilization Ratio slumped 70.7% in 2024, then jumped 113.89% in 2025.
- Over 4 years, Asset Utilization Ratio 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 surged by 30.78% to 1.46 in 2026.
- The last three Asset Utilization Ratio figures came in at 1.46 (Q2 2026), 1.44 (Q1 2026), and 1.11 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 22.26 Bn | 20.53 Bn | 605.00 Mn | 0.40 |
| 2 | Nextpower | 12.25 Bn | 11.04 Bn | 335.85 Mn | 0.87 |
| 3 | Enphase Energy | 4.86 Bn | 3.93 Bn | 175.01 Mn | 0.47 |
| 4 | Solaredge Technologies | 2.25 Bn | 1.67 Bn | 95.15 Mn | 0.56 |
| 5 | T1 Energy | 1.29 Bn | 1.08 Bn | 49.10 Mn | 0.67 |
| 6 | Shoals Technologies | 1.19 Bn | 1.18 Bn | 49.53 Mn | 0.57 |
| 7 | Canadian Solar | 877.81 Mn | -588.69 Mn | 168.48 Mn | 0.32 |
| 8 | Array Technologies | 700.09 Mn | 392.79 Mn | 99.60 Mn | 0.79 |
| 9 | JinkoSolar Holding | 608.82 Mn | -2.07 Bn | 75.62 Mn | 0.47 |
| 10 | Tigo Energy | 78.57 Mn | 61.66 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 |