Filing Flows › EVgo (EVGO) › How it makes money
How EVgo (EVGO) makes money
EVgo (EVGO) made $82.6M of revenue in the second quarter 2026 (Q2 2026), -16% from a year earlier. Total charging network brought in $61.4M (74%); Total non-charging network brought in $21.2M (26%).
Drawing the Sankey…
Revenue by segment, Q2 2026
| Segment | Revenue | Share | Q/Q | Y/Y |
|---|---|---|---|---|
| Total charging network | $61.4M | 74.3% | +10% | +19% |
| ↳ Charging, retail | $37.8M | 45.7% | +12% | +15% |
| ↳ Charging, commercial | $10.8M | 13.1% | +23% | +26% |
| ↳ Network, OEM | $4.7M | 5.7% | -6% | 40× |
| ↳ Regulatory credit sales | $4.7M | 5.7% | +43% | +91% |
| ↳ Charging, OEM | $3.4M | 4.1% | -29% | -57% |
| Total non-charging network | $21.2M | 25.7% | -61% | -54% |
| ↳ eXtend | $18.0M | 21.8% | -46% | -52% |
| ↳ AV and ancillary | $3.2M | 3.9% | -84% | -64% |
Where each dollar of revenue goes
| Line | Q2 2026 | % of revenue |
|---|---|---|
| Revenue | $82.6M | 100.0% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q2 2026 | $82.6M | -16% |
| Q1 2026 | $110M | +46% |
| Q4 2025 | $118M | +76% |
| Q3 2025 | $92.3M | +37% |
| Q2 2025 | $98.0M | +47% |
| Q1 2025 | $75.3M | +36% |
| Q4 2024 | $67.5M | +35% |
From EVgo's 10-Q filed Aug 6, 2026 (on EDGAR).
Questions
How does EVgo make money?
EVgo (EVGO) made $82.6M of revenue in the second quarter 2026 (Q2 2026), -16% from a year earlier. Total charging network brought in $61.4M (74%); Total non-charging network brought in $21.2M (26%).
What is EVgo's biggest business?
Total charging network: $61.4M in the second quarter 2026, 74% of revenue, +19% from a year earlier.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.