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.
item 2.02item 9.01