Filing Flows › EVgo (EVGO) › Q2 2026 › vs Q1 2026
EVgo (EVGO) Q2 2026 vs Q1 2026 (quarter over quarter)
EVgo's revenue fell $26.9M (-25%) from $110M in Q1 2026 to $82.6M in Q2 2026. The biggest changes: Total non-charging network −$32.6M (-61%); Total charging network +$5.7M (+10%).
EVgo, Q2 2026: revenue $82.6M (-16% year over year), operating margin -48.6%, net loss $46.3M, operating cash flow −$6.5M. The chart draws each line against Q1 2026, the increases inside each band.
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Charging, retail | $37.8M | $33.8M | $4.0M | +12% |
| eXtend | $18.0M | $33.2M | −$15.2M | -46% |
| Charging, commercial | $10.8M | $8.8M | $2.0M | +23% |
| Network, OEM | $4.7M | $5.1M | −$320K | -6% |
| Regulatory credit sales | $4.7M | $3.3M | $1.4M | +43% |
| Charging, OEM | $3.4M | $4.8M | −$1.4M | -29% |
| AV and ancillary | $3.2M | $20.6M | −$17.4M | -84% |
| Total charging network | $61.4M | $55.7M | $5.7M | +10% |
| Total non-charging network | $21.2M | $53.8M | −$32.6M | -61% |
| Revenue | $82.6M | $110M | −$26.9M | -25% |
| Income tax benefit | $250K | −$12K | $262K | — |
| Net loss | $46.3M | $37.0M | $9.4M | +25% |
| Costs & expenses | $129M | $147M | −$17.3M | -12% |
| Operating costs | $123M | $146M | −$23.1M | -16% |
| Interest & other, net | $6.4M | $622K | $5.8M | +936% |
| Cost of revenue | $75.3M | $96.6M | −$21.3M | -22% |
| Operating cash sources | $46.3M | $37.0M | $9.4M | +25% |
| Depreciation & amortization | $22.0M | $19.9M | $2.1M | +11% |
| Share-based compensation | $3.3M | $4.2M | −$949K | -22% |
| Working capital & other | $14.6M | −$22.5M | $37.1M | — |
| Cash used in operations | $6.5M | $35.4M | −$28.9M | -82% |
| Net loss absorbed | $46.3M | $37.0M | $9.4M | +25% |
Questions
How much did EVgo's revenue grow quarter over quarter in Q2 2026?
EVgo's revenue fell $26.9M (-25%) from $110M in Q1 2026 to $82.6M in Q2 2026.
What drove EVgo's revenue change in Q2 2026?
Total non-charging network −$32.6M (-61%); Total charging network +$5.7M (+10%).