secwatch.observer — SEC 8-K summary
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Issuer:     EVgo Inc. (EVGO)
CIK:        0001821159
Form:       8-K
Filed at:   2025-11-10T23:59:59+00:00
Accession:  0001104659-25-108817
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

EVgo Q3 revenue $92.3M (+37% YoY); record charging network revenue $55.8M
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- Charging network revenue record $55.8M (+33% YoY), 15th consecutive quarter of double-digit growth.
- Network throughput record 95 GWh (+25% YoY); average daily throughput per stall 295 kWh (+16% YoY).
- Added >280 new stalls; total 4,590 stalls (+25% YoY). Net loss $12.4M; Adjusted EBITDA $(5.0)M.
- Cash, equivalents, restricted cash $201M; $41M additional borrowing in Oct.; $300M facility secured.
- CEO expects inflection point toward positive Adjusted EBITDA; sold 30C tax credits for $17M gross.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1821159/000110465925108817/0001104659-25-108817-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1821159/000110465925108817/evgo-20251110x8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-108817

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer