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Side-by-side financial comparison of EVgo Inc. (EVGO) and GDEV Inc. (GDEV). Click either name above to swap in a different company.

GDEV Inc. is the larger business by last-quarter revenue ($119.9M vs $118.5M, roughly 1.0× EVgo Inc.). GDEV Inc. runs the higher net margin — 13.9% vs -4.1%, a 17.9% gap on every dollar of revenue. On growth, EVgo Inc. posted the faster year-over-year revenue change (75.5% vs 13.3%).

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.

GDEV Inc. is a gaming and entertainment holding company. It is a publicly traded company listed on the Nasdaq stock exchange, headquartered in Limassol, Cyprus. The holding was evolved in June 2023 from a video game company Nexters, founded in 2014, one of the top five independent mobile game companies in Europe. Subsidiaries of GDEV include Nexters Studio, which operates offices in Cyprus, Armenia, and Kazakhstan, as well as Cubic Games, Royal Ark, Game Gears and Light Hour Games. The compan...

EVGO vs GDEV — Head-to-Head

Bigger by revenue
GDEV
GDEV
1.0× larger
GDEV
$119.9M
$118.5M
EVGO
Growing faster (revenue YoY)
EVGO
EVGO
+62.2% gap
EVGO
75.5%
13.3%
GDEV
Higher net margin
GDEV
GDEV
17.9% more per $
GDEV
13.9%
-4.1%
EVGO

Income Statement — Q4 FY2025 vs Q2 FY2025

Metric
EVGO
EVGO
GDEV
GDEV
Revenue
$118.5M
$119.9M
Net Profit
$-4.8M
$16.6M
Gross Margin
38.0%
Operating Margin
-10.4%
15.5%
Net Margin
-4.1%
13.9%
Revenue YoY
75.5%
13.3%
Net Profit YoY
61.1%
13.0%
EPS (diluted)
$-0.03
$0.90

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
EVGO
EVGO
GDEV
GDEV
Q4 25
$118.5M
Q3 25
$92.3M
Q2 25
$98.0M
$119.9M
Q1 25
$75.3M
Q4 24
$67.5M
Q3 24
$67.5M
Q2 24
$66.6M
$105.8M
Q1 24
$55.2M
Net Profit
EVGO
EVGO
GDEV
GDEV
Q4 25
$-4.8M
Q3 25
$-12.4M
Q2 25
$-13.0M
$16.6M
Q1 25
$-11.4M
Q4 24
$-12.4M
Q3 24
$-11.7M
Q2 24
$-10.4M
$14.7M
Q1 24
$-9.8M
Gross Margin
EVGO
EVGO
GDEV
GDEV
Q4 25
38.0%
Q3 25
13.6%
Q2 25
14.2%
Q1 25
12.4%
Q4 24
14.5%
Q3 24
9.4%
Q2 24
9.6%
Q1 24
12.4%
Operating Margin
EVGO
EVGO
GDEV
GDEV
Q4 25
-10.4%
Q3 25
-36.9%
Q2 25
-31.4%
15.5%
Q1 25
-44.4%
Q4 24
-51.9%
Q3 24
-47.1%
Q2 24
-48.6%
14.4%
Q1 24
-58.7%
Net Margin
EVGO
EVGO
GDEV
GDEV
Q4 25
-4.1%
Q3 25
-13.4%
Q2 25
-13.3%
13.9%
Q1 25
-15.1%
Q4 24
-18.4%
Q3 24
-17.3%
Q2 24
-15.6%
13.9%
Q1 24
-17.8%
EPS (diluted)
EVGO
EVGO
GDEV
GDEV
Q4 25
$-0.03
Q3 25
$-0.09
Q2 25
$-0.10
$0.90
Q1 25
$-0.09
Q4 24
$-0.11
Q3 24
$-0.11
Q2 24
$-0.10
$0.81
Q1 24
$-0.09

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
EVGO
EVGO
GDEV
GDEV
Cash + ST InvestmentsLiquidity on hand
$151.0M
$41.6M
Total DebtLower is stronger
$206.5M
Stockholders' EquityBook value
$-116.9M
$-129.4M
Total Assets
$964.8M
$210.2M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EVGO
EVGO
GDEV
GDEV
Q4 25
$151.0M
Q3 25
$181.3M
Q2 25
$154.5M
$41.6M
Q1 25
$150.0M
Q4 24
$117.3M
Q3 24
$141.9M
Q2 24
$162.3M
$50.8M
Q1 24
$175.1M
Total Debt
EVGO
EVGO
GDEV
GDEV
Q4 25
$206.5M
Q3 25
$157.3M
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Stockholders' Equity
EVGO
EVGO
GDEV
GDEV
Q4 25
$-116.9M
Q3 25
$-428.1M
Q2 25
$-230.1M
$-129.4M
Q1 25
$-36.8M
Q4 24
$-256.1M
Q3 24
$-344.8M
Q2 24
$13.6M
$-118.7M
Q1 24
$25.7M
Total Assets
EVGO
EVGO
GDEV
GDEV
Q4 25
$964.8M
Q3 25
$931.8M
Q2 25
$864.7M
$210.2M
Q1 25
$856.0M
Q4 24
$803.8M
Q3 24
$791.7M
Q2 24
$785.3M
$282.8M
Q1 24
$787.5M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
EVGO
EVGO
GDEV
GDEV
Operating Cash FlowLast quarter
$11.3M
Free Cash FlowOCF − Capex
$-38.1M
FCF MarginFCF / Revenue
-32.2%
Capex IntensityCapex / Revenue
41.7%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-124.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EVGO
EVGO
GDEV
GDEV
Q4 25
$11.3M
Q3 25
$-22.8M
Q2 25
$14.1M
Q1 25
$-10.2M
Q4 24
$-12.8M
Q3 24
$12.1M
Q2 24
$7.6M
Q1 24
$-14.1M
Free Cash Flow
EVGO
EVGO
GDEV
GDEV
Q4 25
$-38.1M
Q3 25
$-49.0M
Q2 25
$-12.1M
Q1 25
$-25.2M
Q4 24
$-36.5M
Q3 24
$-13.7M
Q2 24
$-16.6M
Q1 24
$-35.2M
FCF Margin
EVGO
EVGO
GDEV
GDEV
Q4 25
-32.2%
Q3 25
-53.1%
Q2 25
-12.4%
Q1 25
-33.5%
Q4 24
-54.1%
Q3 24
-20.3%
Q2 24
-25.0%
Q1 24
-63.7%
Capex Intensity
EVGO
EVGO
GDEV
GDEV
Q4 25
41.7%
Q3 25
28.3%
Q2 25
26.7%
Q1 25
19.9%
Q4 24
35.1%
Q3 24
38.3%
Q2 24
36.3%
Q1 24
38.2%

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

EVGO
EVGO

Charging Network Revenue$63.6M54%
Charging Revenue Retail$35.8M30%
Charging Revenue Commercial$9.3M8%
Charging Revenue Oem$6.5M6%
Regulatory Credit Sales$2.2M2%

GDEV
GDEV

Segment breakdown not available.

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