---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-24-006918"
form_type: "8-K"
ticker: "EVGO"
cik: "0001821159"
company_name: "EVgo Inc."
filed_at: "2024-05-07T23:59:59+00:00"
generated_at: "2026-06-02T19:46:49.285367+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# EVgo Q1 revenue $55.2M (+118% YoY); net loss $28.2M; 250 stalls added

## Summary
- Revenue of $55.2M, up 118% YoY from $25.3M; network throughput 53 GWh, up 194% YoY.
- Net loss of $28.2M; adjusted EBITDA loss of $7.2M; gross profit $6.8M.
- Added 250 new DC fast charging stalls; total stalls in operation/under construction ~3,780.
- Customer accounts reached 981,000, adding ~109,000 in Q1; utilization rate ~19% vs 9% YoY.
- CEO expects adjusted EBITDA breakeven in 2025 based on operating leverage and EV adoption tailwinds.

## SEC filing metadata
- accession: 0001558370-24-006918
- form_type: 8-K
- ticker: EVGO
- cik: 0001821159
- company_name: EVgo Inc.
- filed_at: 2024-05-07T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1821159/000155837024006918/0001558370-24-006918-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1821159/000155837024006918/evgo-20240507x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-24-006918
- JSON: https://secwatch.observer/filing/0001558370-24-006918.json
- Plain text: https://secwatch.observer/filing/0001558370-24-006918.txt

## Key facts
- Earnings Releases
  EVgo Inc. reported the quarter ended March 31, 2024 results: revenue $55.2 million, net income Net Loss of $28.2 million.
  - Period: the quarter ended March 31, 2024
  - Revenue: $55.2 million
  - Net income: Net Loss of $28.2 million
  - Result: reported results
  source text: be expressly set forth by specific reference in such a filing. --- EX-99.1 (EX-99.1) --- ​ EVgo Inc. Reports Record First Quarter 2024 Results ​ ● Revenue reached a record $55.2 million in the first quarter, representing an increase of 118 % year-over-year . ● Network throughput reached a record 53 gigawatt-hours (“GWh”) in the first quarter, an increase of 194%
  evidence_url: https://www.sec.gov/Archives/edgar/data/1821159/000155837024006918/0001558370-24-006918-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.