EVgo Inc.EVGOEarnings & Financial Report

Nasdaq · automotive industry

EVgo Inc. is an electric vehicle fast charging network in the United States, with more than 950 charging locations as of August 2023. The company's charge stations are located in 35 states and are compatible with all major auto manufacturers.

NextMar 19, 2026

Revenue

$92.3M

Gross Profit

$12.6M

Operating Profit

$-34.1M

Net Profit

$-12.4M

Gross Margin

13.6%

Operating Margin

-36.9%

Net Margin

-13.4%

YoY Growth

36.7%

EPS

$-0.09

Financial Flow

EVgo Inc. Q3 2025 Financial Summary

EVgo Inc. reported revenue of $92.3M for Q3 2025, with a net profit of $-12.4M (-13.4% margin). Cost of goods sold was $79.7M, operating expenses totaled $46.6M.

Key Financial Metrics

Total Revenue	$92.3M
Net Profit	$-12.4M
Gross Margin	13.6%
Operating Margin	-36.9%
Report Period	Q3 2025

EVgo Inc. Annual Revenue by Year

EVgo Inc. annual revenue history includes year-by-year totals (for example, 2024 revenue was $256.8M).

Year	Annual Revenue
2024	$256.8M
2023	$161.0M
2022	$54.6M

Income Statement

	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025
Revenue	$50.0M	$55.2M	$66.6M	$67.5M	$67.5M	$75.3M	$98.0M	$92.3M
YoY Growth	83.1%	118.0%	31.8%	92.4%	35.0%	36.5%	47.2%	36.7%

Balance Sheet

	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025
Assets	$806.6M	$787.5M	$785.3M	$791.7M	$803.8M	$856.0M	$864.7M	$931.8M
Liabilities	$266.2M	$270.4M	$292.0M	$325.9M	$360.0M	$433.1M	$464.1M	$542.6M
Equity	$-160.6M	$25.7M	$13.6M	$-344.8M	$-256.1M	$-36.8M	$-230.1M	$-428.1M