Filing Flows

Filing Flows › Other › EVgo (EVGO)

EVgo (EVGO) earnings and revenue breakdown

Latest: Q2 2026 · 10-Q filed Aug 6, 2026 · EVgo (EVGO) Q2 2026 earnings results →

Q2 2026 Revenue down 16% year over year to $82.6M · 56¢ of every $1 of revenue lost · operating margin -48.6%

EVgo made $82.6M in Q2 2026 (-16% Y/Y): Total charging network $61.4M, Total non-charging network $21.2M. Operating margin -48.6%, net loss $46.3M. See where every dollar goes — costs, profit and cash — as a Sankey from the 10-Q filed Aug 6, 2026.

Revenue$82.6M
Year over year-16%
Operating margin-48.6%
Net earnings−$46.3M
Operating cash flow−$6.5M

Drawing the Sankey…

Open the interactive Sankey → click any line for what the company wrote about it, compare Y/Y and Q/Q, export as PNG or PDF

What changed this quarter

Revenue was $82.6M in Q2 2026, down 16% year over year and down 25% from the previous quarter. Charging, retail was the largest line at 46% of revenue. eXtend lost $19.4M year over year (down 52%), 126% of the total change.

Gross margin was 8.9%, down 5.3 points from Q2 2025. Operating costs exceeded revenue by $40.1M, an operating margin of -48.6%. Operating expenses grew 6% against a revenue fall of 16%. The quarter ended with a net loss of $46.3M, wider than the previous quarter's $37.0M loss. Minority interests bore $25.6M of it: to shareholders the quarter was a loss of $20.8M.

Operating cash flow was −$6.5M. Non-cash charges added back $22.0M of depreciation and amortization and $3.3M of share-based compensation. Working capital and other items added $14.6M. Capital expenditures of $33.8M exceeded it, leaving free cash flow of −$40.3M.

Quarterly history

EVgo revenue by quarterEVgo revenue by quarter$67.5MQ4 2024$75.3MQ1 2025$98.0MQ2 2025$92.3MQ3 2025$118MQ4 2025$110MQ1 2026$82.6MQ2 2026
EVgo net earnings by quarterEVgo net earnings by quarter−$35.6MQ4 2024−$26.2MQ1 2025−$29.8MQ2 2025−$28.4MQ3 2025−$11.0MQ4 2025−$37.0MQ1 2026−$46.3MQ2 2026
QuarterFormFiledRevenueY/YOp. marginNet earningsOp. cash flow
Q2 202610-QAug 6, 2026$82.6M-16%-48.6%−$46.3M−$6.5M
Q1 202610-QMay 5, 2026$110M+46%-33.2%−$37.0M−$35.4M
Q4 202510-KMar 9, 2026$118M+76%-10.4%−$11.0M$11.3M
Q3 202510-QNov 10, 2025$92.3M+37%-36.9%−$28.4M−$22.8M
Q2 202510-QAug 5, 2025$98.0M+47%-31.4%−$29.8M$14.1M
Q1 202510-QMay 6, 2025$75.3M+36%-44.4%−$26.2M−$10.2M
Q4 202410-KMar 6, 2025$67.5M+35%-51.9%−$35.6M−$12.8M

Charts

EVgo: revenue growth, year over year and quarter over quarterEVgo: revenue growth, year over year and quarter over quarterY/YQ/Q+35%Q4 2024+36%+12%Q1 2025+47%+30%Q2 2025+37%-6%Q3 2025+76%+28%Q4 2025+46%-8%Q1 2026-16%-25%Q2 2026
Latest (Q2 2026): Y/Y -16%, Q/Q -25%.
EVgo: where the cash came from (+) and went (−), TTM to Q2 2026EVgo: where the cash came from (+) and went (−), TTM to Q2 2026Net borrowing (+) / repaid (−)$193MCapital spending−$140MOperating cash flow−$53.4MOther financing$15.6MCash drawn (+) / kept (−)−$14.3MTaxes on employees’ shares−$1.4MOther investing$63K
From the cash-flow statement as filed (SEC XBRL). Cash is fungible: the bars do not say which dollar paid for what.
EVgo: profit against cash, quarter by quarterEVgo: profit against cash, quarter by quarterNet incomeOperating cash flow−$33.3M$12.1MQ3 2024−$35.6M−$12.8MQ4 2024−$26.2M−$10.2MQ1 2025−$29.8M$14.1MQ2 2025−$28.4M−$22.8MQ3 2025−$11.0M$11.3MQ4 2025−$37.0M−$35.4MQ1 2026−$46.3M−$6.5MQ2 2026
Latest (Q2 2026): Net income −$46.3M, Operating cash flow −$6.5M.
EVgo: diluted shares by fiscal yearEVgo: diluted shares by fiscal year68MFY202169MFY202291MFY2023107MFY2024133MFY2025
+96.2% since FY2021: more shares outstanding (issuance, stock pay).
EVgo: long-term debt falling due (FY2025)EVgo: long-term debt falling due (FY2025)$2.1M2026$3.3M2027$3.3M2028$3.3M2029$59.4M2030$135MLater
Cash $151M, short-term investments —, long-term debt $206M at 2025-12-31.
EVgo in its industry: growth against margin (4 companies, SIC 7500)EVgo in its industry: growth against margin (4 companies, SIC 7500)revenue growth, year over year →↑ operating marginmedian -2%median 1%DRVNMNROPNYGEVGO (-16%, -49%)
Services-Automotive Repair, Services & Parking; dot size is quarterly revenue; dashed lines are the industry's medians.

In supply chains and themes

EVs, batteries & lithium money flowEVs, batteries & lithium · Charging

Interactive views

The same charts as the app — open one to draw it.

💵Where each $1 goesinteractive

Loading the interactive chart…

🌏Named in Asian annual reportsinteractive

Loading the interactive chart…

🔄Rotation against the market and its industry (RRG)interactive

Loading the interactive chart…

🔍Earnings qualityinteractive

Loading the interactive chart…

⚖️Fair value by methodinteractive

Loading the interactive chart…

🔭Outlook & guidanceinteractive

Loading the interactive chart…

📈Investments: gains and what it boughtinteractive

Loading the interactive chart…

🏭Its industry’s money flow (input-output)interactive

Loading the interactive chart…

About EVgo

We are one of the nation’s leading public EV fast charging providers. With more than 1,200 fast charging stations across 47 states, we strategically deploy localized and accessible charging infrastructure by partnering with leading businesses across the U.S., including retailers, grocery stores, restaurants, shopping centers, gas stations, rideshare operators and autonomous vehicle companies. The foundation of our business is building, owning and operating EV fast charging sites that deliver charging to EVs driven by individuals, commercial drivers and fleet operators. We prioritize the build out of high-power chargers, a key market segment that is expected to grow faster than the overall EV charging market.

In its own words, from its 10-K, filed Mar 9, 2026.

EVgo against its Services-Automotive Repair, Services & Parking peers

The largest companies of the same SEC industry, each at its latest quarter. Revenue growth: -16% against the peers' median -2%. Operating margin: -48.6% against the peers' median 0.9%.

CompanyQuarterRevenueY/YOp. margin
EVGO EVgoQ2 2026$82.6M-16%-48.6%
DRVN Driven Brands HoldingsQ2 2026$507M+7%14.4%
MNRO MonroQ2 FY27$284M-2%0.9%
PNYG Pony GroupQ2 2026$31K-29%-161.6%

Source: EVgo 10-Q on SEC EDGAR · CIK 1821159 · Services-Automotive Repair, Services & Parking

13F: who owns EVGO and who is buying

Largest holders of EVGO (13F)Largest holders of EVGO (13F)Vanguard Group$35.9MBlackRock$21.0MMorgan Stanley$15.7MState Street$12.2MVanguard Capital Management LLC$11.4MInvesco$10.6MGoldman Sachs Group$10.2MSoros Fund Management LLC$10.2MSIR Capital Management, L.P.$8.3MPictet Asset Management Holding SA$7.8M
Funds' net buying of EVGO by quarter (13F)Funds' net buying of EVGO by quarter (13F)$982K2024-09$38.2M2024-12−$6.7M2025-03−$2.0M2025-06$15.5M2025-09$1.4M2025-12$3.4M2026-03$8.2M2026-06
Value of shares 13F filers added minus the value they sold, each quarter (quarters with most filings in).

More on EVGO

History

Every quarter: Q2 2026 results · Q1 2026 results · Q4 2025 results · Q3 2025 results · Q2 2025 results · Q1 2025 results · Q4 2024 results

Compare EVGO with

中文版:EVgo(EVGO)财报

Español · Français