Financials · EVGO

EVgo Inc. (EVGO) financials

For the twelve months ended Jun 30, 2026, EVgo Inc. reported $402.95M of revenue and -$54.41M of net income.

Revenue, TTM
$402.95M
Revenue growth, YoY
+30.7%
Net income, TTM
-$54.41M
Net margin
-13.5%
Free cash flow, TTM
-$193.34M
Cash
$121.82M
Total debt
$297.25M
P/S
1.43
Market cap
$575.6M
Annual revenue$384.09M
FY2020FY2025
Annual net income-$41.57M
FY2020FY2025
Annual free cash flow-$124.44M
FY2020FY2025

EVGO revenue and earnings growth

EVGO revenueQ2 2026$82.65M

Quarter YoY
-15.7%
QoQ
-24.5%
FY YoY
+49.6%
5Y CAGR
+96.7%

EVGO revenue was $82.65M in fiscal Q2 2026 (ended Jun 30, 2026), down 15.7% from a year earlier and down 24.5% from the prior quarter. For the full fiscal 2025 it was $384.09M, up 49.6% from fiscal 2024. Compound annual growth was +96.7% over 5 years. It rose in each of the last 5 fiscal years. Fiscal 2025 is the highest of the 6 fiscal years on file.

EVGO net incomeQ2 2026-$20.77M

EVGO net income was -$20.77M in fiscal Q2 2026 (ended Jun 30, 2026), compared with -$13.00M a year earlier. For the full fiscal 2025 it was -$41.57M, compared with -$44.33M in fiscal 2024.

EVGO EPSQ2 2026-$0.15

EVGO diluted EPS was -$0.15 in fiscal Q2 2026 (ended Jun 30, 2026), compared with -$0.10 a year earlier. For the full fiscal 2025 it was -$0.31, compared with -$0.41 in fiscal 2024.

EVGO free cash flowQ2 2026-$40.31M

EVGO free cash flow was -$40.31M in fiscal Q2 2026 (ended Jun 30, 2026), compared with -$12.11M a year earlier. For the full fiscal 2025 it was -$124.44M, compared with -$102.04M in fiscal 2024.

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Income statement

Income statement
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Revenue$384.09M$256.82M$160.95M$54.59M$22.21M$13.05M
Cost of revenue$303.31M$227.46M$151.24M$60.24M$29.04M$22.65M
Gross profit$80.78M$29.37M$9.71M-$5.65M-$6.83M-$9.60M
Research and development$12.20M$11.60M$5.70M$4.80M$2.00M$1.20M
Selling, general and admin$176.87M$141.13M$143.01M$126.71M$71.09M$34.09M
Operating income-$110.66M-$131.57M-$153.41M-$149.50M-$89.83M-$58.44M
Interest expense$6.15M$73.0K-$21.0K--
Pre-tax income-$100.57M-$128.99M-$135.42M-$106.22M-$57.76M-
Income tax-$5.13M-$2.28M$42.0K$18.0K--
Net income-$41.57M-$44.33M-$42.43M-$27.57M-$5.91M-$47.79M
EPS, basic-$0.31-$0.41-$0.46-$0.40-$0.09-
EPS, diluted-$0.31-$0.41-$0.46-$0.40-$0.09-
Diluted shares133.5M106.7M90.6M68.5M68.0M-

Balance sheet

Balance sheet
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Cash and equivalents$151.00M$117.27M$208.67M$245.72M$485.18M$7.91M
Receivables$38.63M$45.85M$34.88M$11.07M$2.56M$2.16M
Current assets$296.48M$205.38M$267.41M$275.48M$506.35M$19.97M
Goodwill$31.05M$31.05M$31.05M$31.05M$31.05M$22.11M
Total assets$964.83M$803.76M$806.61M$729.72M$746.32M$182.14M
Current liabilities$135.32M$111.41M$89.35M$87.34M$46.87M$63.58M
Short-term debt$2.15M$0----
Long-term debt$204.32M$0----
Total debt$206.46M$0----
Total liabilities$578.89M$360.03M$266.24M$212.60M$158.40M$92.65M
Shareholders' equity-$116.90M-$256.11M-$160.59M-$358.10M-$1.36B$89.49M

Cash flow

Cash flow
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Operating cash flow-$7.73M-$7.26M-$37.05M-$58.79M-$29.60M-$20.08M
Capital expenditures$116.71M$94.79M$158.90M$200.25M$65.00M$19.34M
Free cash flow-$124.44M-$102.04M-$195.95M-$259.05M-$94.61M-$39.42M
Investing cash flow-$116.68M-$94.47M-$143.31M-$199.71M-$87.77M-$19.34M
Financing cash flow$214.65M$13.09M$143.02M$19.81M$594.63M$47.08M
Stock-based compensation$27.11M$21.96M$29.72M$25.05M$10.94M$929.0K
Depreciation and amortization$74.02M$65.80M$51.96M$35.92M$23.90M$18.66M

Key ratios

Key ratios
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Revenue growth, YoY49.6%59.6%194.9%145.7%70.2%-
Gross margin21.0%11.4%6.0%-10.4%-30.7%-73.6%
Operating margin-28.8%-51.2%-95.3%-273.9%-404.4%-447.8%
Net margin-10.8%-17.3%-26.4%-50.5%-26.6%-366.2%
Free cash flow margin-32.4%-39.7%-121.7%-474.5%-425.9%-302.1%
Return on equity------53.4%
Return on assets-4.3%-5.5%-5.3%-3.8%-0.8%-26.2%
Current ratio2.191.842.993.1510.800.31

Source: XBRL data EVgo Inc. files with the SEC, latest filing dated Aug 6, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.

Per-share figures are as filed. The filings show no stock split in these periods.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

EVGO peers

CompanyRevenueGrowthNet incomeNet marginMarket cap
EVGO$402.95M+30.7%-$54.41M-13.5%$575.6M
GPC$25.33B+5.3%$31.04M0.1%$16.93B
DRVN$1.93B+7.6%$165.27M8.6%$1.96B
GT$17.59B-3.9%-$832.00M-4.7%$1.26B
MNRO$1.14B-4.4%$798.0K0.1%$342.9M
AZI$122.80M-1.6%-$16.51M-13.4%$42.0M
YSXT$83.47M+16.8%$2.80M3.4%$41.8M
SDA$489.29M+10.7%-$3.94M-0.8%$39.6M

EVGO FAQ

8 questions
  • What is EVGO revenue?
    EVgo Inc. (EVGO) reported $402.95M of revenue for the twelve months ended Jun 30, 2026. That is up 30.7% from the year before. Revenue for fiscal 2025 was $384.09M.
  • Is EVGO profitable?
    No. EVgo Inc. reported a net loss of $54.41M for the twelve months ended Jun 30, 2026.
  • How much cash and debt does EVGO have?
    EVgo Inc. reported $121.82M in cash and cash equivalents and $297.25M of debt on its most recent balance sheet in SEC filings.
  • How fast is EVGO revenue growing?
    EVgo Inc.'s revenue changed +49.6% in fiscal 2025, to $384.09M. Its compound annual growth rate was +96.7% over 5 years.
  • What is EVGO gross margin?
    EVgo Inc.'s gross profit was $77.84M on $402.95M of revenue for the twelve months ended Jun 30, 2026, a gross margin of 19.3%.
  • What is EVGO free cash flow?
    EVgo Inc. generated -$193.34M of free cash flow for the twelve months ended Jun 30, 2026, which is operating cash flow of -$53.42M less capital expenditures.
  • When did EVGO last report financial results?
    The latest statements here come from EVgo Inc.'s 10-Q filed on Aug 6, 2026, covering the period ended Jun 30, 2026.
  • Where does this EVGO financial data come from?
    Quantisnow builds these statements from the structured XBRL data EVgo Inc. files with the SEC. It is provided for information only and is not investment advice.