EVgo reports Q4 revenue $118M (+75% YoY); initiates 2026 guidance $410M-$470M revenue

EVgo Inc.

Q4 total revenue $118M, up 75% YoY; full year 2025 revenue $384M, up 50% YoY.
Record charging network revenue Q4 $64M (+37% YoY), 16th consecutive double-digit growth quarter; full year $218M (+40%).
Network throughput Q4 99 GWh (+18% YoY); full year 366 GWh (+32% YoY); ended Q4 with 5,100 operational stalls (+25% YoY).
2026 guidance: revenue $410M-$470M, Adjusted EBITDA $(20)M-$20M; positive Adj. EBITDA achieved in Q4 and full year 2025.
Cash and equivalents $211M as of Dec 31, 2025.

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