GGR revenueFY2025$281.48M
- FY YoY
- -9.4%
- 5Y CAGR
- -5.0%
GGR revenue was $281.48M for fiscal 2025 (ended Dec 31, 2025), down 9.4% from fiscal 2024. Compound annual growth was -5.0% over 5 years. It rose in 2 of the last 6 fiscal years.
Gogoro Inc. (GGR) financials
For fiscal 2025 (ended Dec 31, 2025), Gogoro Inc. reported $281.48M of revenue and -$79.97M of net income.
- Revenue, FY2025
- $281.48M
- Revenue growth, YoY
- -9.4%
- Net income, FY2025
- -$79.97M
- Net margin
- -28.4%
- Free cash flow, FY2025
- -$29.10M
- EPS, diluted, FY2025
- -$5.42
- Cash
- $70.57M
- Total debt
- $360.96M
- P/S
- 0.20
- Market cap
- $57.1M
FY2019FY2025
FY2019FY2025
FY2019FY2025
GGR revenue and earnings growth
GGR net incomeFY2025-$79.97M
GGR net income was -$79.97M for fiscal 2025 (ended Dec 31, 2025), compared with -$122.75M in fiscal 2024.
GGR EPSFY2025-$5.42
GGR diluted EPS was -$5.42 for fiscal 2025 (ended Dec 31, 2025), compared with -$9.27 in fiscal 2024.
GGR free cash flowFY2025-$29.10M
GGR free cash flow was -$29.10M for fiscal 2025 (ended Dec 31, 2025), compared with -$114.57M in fiscal 2024.
Income statement
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 |
|---|---|---|---|---|---|---|---|
| Revenue | $281.48M | $310.64M | $349.85M | $382.83M | $366.01M | $364.13M | $439.24M |
| Cost of revenue | $258.32M | $302.71M | $298.91M | $325.11M | $304.92M | $284.68M | $346.03M |
| Gross profit | $23.16M | $7.93M | $50.94M | $57.71M | $61.09M | $79.44M | $93.21M |
| Research and development | $25.40M | $34.94M | $40.87M | $45.99M | $30.60M | $28.71M | $27.22M |
| Selling, general and admin | $28.03M | $31.86M | $44.44M | $70.97M | $33.95M | $26.28M | $25.99M |
| Operating income | -$73.26M | -$141.62M | -$88.37M | -$298.33M | -$57.32M | -$36.50M | -$11.10M |
| Interest expense | $14.64M | $14.13M | $11.93M | $12.67M | $11.09M | $9.75M | $9.03M |
| Pre-tax income | -$79.97M | -$122.75M | -$76.04M | -$98.91M | -$67.36M | -$50.34M | -$12.07M |
| Income tax | $0 | $0 | $0 | $2.0K | $0 | -$1.06M | $1.01M |
| Net income | -$79.97M | -$122.75M | -$76.04M | -$98.91M | -$67.36M | -$49.28M | -$13.09M |
| EPS, basic | -$5.42 | -$9.27 | -$6.48 | -$9.00 | -$7.00 | -$5.00 | -$1.40 |
| EPS, diluted | -$5.42 | -$9.27 | -$6.48 | -$9.00 | -$7.00 | -$5.00 | -$1.40 |
| Diluted shares | 14.8M | 13.2M | 11.7M | 11.1M | 9.7M | 9.7M | 9.7M |
Balance sheet
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 |
|---|---|---|---|---|---|---|---|
| Cash and equivalents | $70.57M | $117.15M | $173.88M | $236.10M | $217.43M | $119.04M | $183.72M |
| Inventory | $28.88M | $44.97M | $53.11M | $114.70M | $73.14M | $94.46M | - |
| Current assets | $130.90M | $202.82M | $266.14M | $397.90M | $358.03M | $353.76M | - |
| Total assets | $601.57M | $700.43M | $834.23M | $873.42M | $844.40M | $790.59M | - |
| Current liabilities | $171.94M | $225.63M | $214.05M | $248.17M | $480.54M | $205.09M | - |
| Short-term debt | $83.36M | $103.02M | $75.59M | $87.98M | $238.43M | - | - |
| Long-term debt | $277.60M | $253.75M | $334.58M | $293.19M | $195.88M | $150.22M | - |
| Total debt | $360.96M | $356.77M | $410.17M | $381.17M | $434.32M | $150.22M | - |
| Total liabilities | $493.33M | $523.89M | $585.54M | $574.45M | $720.69M | $607.55M | - |
| Shareholders' equity | $108.24M | $176.54M | $248.69M | $298.97M | $123.71M | $183.03M | $217.92M |
Cash flow
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 |
|---|---|---|---|---|---|---|---|
| Operating cash flow | $35.90M | $9.85M | $59.09M | -$64.79M | $80.79M | $756.0K | $25.37M |
| Capital expenditures | $65.00M | $124.42M | $117.82M | $123.10M | $127.74M | $144.27M | $176.32M |
| Free cash flow | -$29.10M | -$114.57M | -$58.72M | -$187.89M | -$46.95M | -$143.51M | -$150.95M |
| Investing cash flow | -$59.96M | -$128.72M | -$136.63M | -$101.10M | -$41.52M | -$251.76M | -$177.58M |
| Financing cash flow | -$23.04M | $33.81M | $15.15M | $186.40M | $61.76M | $187.26M | $32.24M |
| Dividends paid | - | $0 | $0 | $2.09M | $7.00M | $1.22M | $0 |
| Stock-based compensation | - | - | - | - | $5.04M | $0 | $0 |
Key ratios
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 |
|---|---|---|---|---|---|---|---|
| Revenue growth, YoY | -9.4% | -11.2% | -8.6% | 4.6% | 0.5% | -17.1% | - |
| Gross margin | 8.2% | 2.6% | 14.6% | 15.1% | 16.7% | 21.8% | 21.2% |
| Operating margin | -26.0% | -45.6% | -25.3% | -77.9% | -15.7% | -10.0% | -2.5% |
| Net margin | -28.4% | -39.5% | -21.7% | -25.8% | -18.4% | -13.5% | -3.0% |
| Free cash flow margin | -10.3% | -36.9% | -16.8% | -49.1% | -12.8% | -39.4% | -34.4% |
| Return on equity | -73.9% | -69.5% | -30.6% | -33.1% | -54.5% | -26.9% | -6.0% |
| Return on assets | -13.3% | -17.5% | -9.1% | -11.3% | -8.0% | -6.2% | - |
| Current ratio | 0.76 | 0.90 | 1.24 | 1.60 | 0.75 | 1.72 | - |
| Debt to equity | 3.33 | 2.02 | 1.65 | 1.27 | 3.51 | 0.82 | - |
Source: XBRL data Gogoro Inc. files with the SEC, latest filing dated Mar 31, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.
Per-share figures and share counts are restated for stock splits the filings show: 1-for-20, first reported Mar 31, 2026.
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.
Foreign private issuers file annual reports with the SEC, so there are no quarterly statements here.
GGR peers
| Company | Revenue | Growth | Net income | Net margin | Market cap |
|---|---|---|---|---|---|
| GGR | $281.48M | -9.4% | -$79.97M | -28.4% | $57.1M |
| TSLA | $103.57B | +8.3% | $3.22B | 3.1% | $1.49T |
| TM | ¥50.68T | +5.5% | ¥3.85T | 7.6% | $284.80B |
| RACE | €7.15B | +7.0% | €1.60B | 22.3% | $98.00B |
| GM | $186.95B | -0.3% | $4.08B | 2.2% | $75.62B |
| PCAR | $29.08B | -1.5% | $2.76B | 9.5% | $55.67B |
| F | $186.97B | -1.4% | -$7.79B | -4.2% | $50.00B |
| HMC | ¥21.80T | +0.5% | -¥423.94B | -1.9% | $46.50B |
| RIVN | $6.48B | +11.1% | -$2.98B | -45.9% | $20.45B |
GGR FAQ
9 questionsWhat is GGR revenue?
Gogoro Inc. (GGR) reported $281.48M of revenue for fiscal 2025 (ended Dec 31, 2025). That is down 9.4% from the year before.Is GGR profitable?
No. Gogoro Inc. reported a net loss of $79.97M for fiscal 2025 (ended Dec 31, 2025).How much cash and debt does GGR have?
Gogoro Inc. reported $70.57M in cash and cash equivalents and $360.96M of debt on its most recent balance sheet in SEC filings.How fast is GGR revenue growing?
Gogoro Inc.'s revenue changed -9.4% in fiscal 2025, to $281.48M. Its compound annual growth rate was -5.0% over 5 years.What is GGR gross margin?
Gogoro Inc.'s gross profit was $23.16M on $281.48M of revenue for fiscal 2025 (ended Dec 31, 2025), a gross margin of 8.2%.What is GGR free cash flow?
Gogoro Inc. generated -$29.10M of free cash flow for fiscal 2025 (ended Dec 31, 2025), which is operating cash flow of $35.90M less capital expenditures.What is GGR earnings per share?
Diluted earnings per share were -$5.42 for fiscal 2025 (ended Dec 31, 2025), from SEC filings, restated for any stock split those filings show.When did GGR last report financial results?
The latest statements here come from Gogoro Inc.'s 20-F filed on Mar 31, 2026, covering the period ended Dec 31, 2025.Where does this GGR financial data come from?
Quantisnow builds these statements from the structured XBRL data Gogoro Inc. files with the SEC. It is provided for information only and is not investment advice.