8-K
filed May 5, 2026, 7:59 PM ET
ticker EVGO
CIK 0001821159
earnings
confidence high
sentiment positive
materiality 0.70
EVgo Q1 2026 revenue $109.5M (+45% YoY); net loss widens to $37M; affirms FY guidance
EVgo Inc.
2026-Q1 EPS reported
-$0.12
revenue$109,531,000
- Total Q1 revenue $109.5M, up 45% YoY; charging network revenue $56M (+18%); net loss $37.0M vs $26.2M loss.
- Network throughput 91 GWh (+10%); 5,280 stalls in operation (+25%); added over 86k new customer accounts.
- DOE loan amended to $750M ($625M borrowings + up to $125M capitalized interest) in April 2026.
- FY 2026 guidance reaffirmed: revenue $410-470M, Adjusted EBITDA -$20M to $20M; Q2 revenue expected $75-85M.
Key facts
Extracted from this filing and checked against the source text.
Earnings Releases
SEC 8-K Item 2.02
confidence 0.95
EVgo Inc. reported full year 2026 results: revenue $410 – $470 million. Guidance reaffirmed.
- Period
- full year 2026
- Revenue
- $410 – $470 million
- Guidance
- reaffirmed
- Result
- guidance update
Exact text from the filing
EVgo is affirming full year 2026 guidance as follows: • Total revenue of $410 – $470 million
View on SEC.gov
Earnings Releases
SEC 8-K Item 2.02
confidence 0.95
EVgo Inc. reported first quarter ended March 31, 2026 results: net income $(36,980).
- Period
- first quarter ended March 31, 2026
- Net income
- $(36,980)
- Result
- reported results
Exact text from the filing
dollars in thousands) Network throughput (GWh) 91 83 10% Revenue $ 109,531 $ 75,287 45% Gross profit $ 12,957 $ 9,323 39% Gross margin 11.8 % 12.4 % (60) bps Net loss $ (36,980) $ (26,227) 41% Adjusted Gross Profit 1 $ 29,633 $ 25,370 17% Adjusted Gross Margin 1 27.1 % 33.7 % (660) bps Adjusted EBITDA 1 $ (7,475) $ (5,929) 26%
View on SEC.gov
Earnings Releases
SEC 8-K Item 2.02
confidence 0.95
EVgo Inc. reported first quarter ended March 31, 2026 results: net income $(36,980).
- Period
- first quarter ended March 31, 2026
- Net income
- $(36,980)
- Result
- reported results
Exact text from the filing
Net loss $ (36,980) $ (26,227) 41%
View on SEC.gov
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