vs

Side-by-side financial comparison of EVgo Inc. (EVGO) and 1ST SOURCE CORP (SRCE). Click either name above to swap in a different company.

EVgo Inc. is the larger business by last-quarter revenue ($118.5M vs $113.1M, roughly 1.0× 1ST SOURCE CORP). 1ST SOURCE CORP runs the higher net margin — 35.3% vs -4.1%, a 39.4% gap on every dollar of revenue. On growth, EVgo Inc. posted the faster year-over-year revenue change (75.5% vs 8.7%). 1ST SOURCE CORP produced more free cash flow last quarter ($58.1M vs $-38.1M). Over the past eight quarters, EVgo Inc.'s revenue compounded faster (46.6% CAGR vs 7.8%).

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.

1st Source Corporation is a financial services company headquartered in South Bend, Indiana. It operates 1st Source Bank, a bank with 81 branches in Indiana and Michigan. The bank's Specialty Finance Group provides financing for aircraft, trucks, and construction equipment. 1st Source Insurance provides insurance products and services.

EVGO vs SRCE — Head-to-Head

Bigger by revenue
EVGO
EVGO
1.0× larger
EVGO
$118.5M
$113.1M
SRCE
Growing faster (revenue YoY)
EVGO
EVGO
+66.7% gap
EVGO
75.5%
8.7%
SRCE
Higher net margin
SRCE
SRCE
39.4% more per $
SRCE
35.3%
-4.1%
EVGO
More free cash flow
SRCE
SRCE
$96.2M more FCF
SRCE
$58.1M
$-38.1M
EVGO
Faster 2-yr revenue CAGR
EVGO
EVGO
Annualised
EVGO
46.6%
7.8%
SRCE

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
EVGO
EVGO
SRCE
SRCE
Revenue
$118.5M
$113.1M
Net Profit
$-4.8M
$40.0M
Gross Margin
38.0%
Operating Margin
-10.4%
45.4%
Net Margin
-4.1%
35.3%
Revenue YoY
75.5%
8.7%
Net Profit YoY
61.1%
6.5%
EPS (diluted)
$-0.03
$1.63

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
SRCE
SRCE
Q1 26
$113.1M
Q4 25
$118.5M
$110.8M
Q3 25
$92.3M
$110.7M
Q2 25
$98.0M
$108.2M
Q1 25
$75.3M
$104.0M
Q4 24
$67.5M
$97.8M
Q3 24
$67.5M
$97.9M
Q2 24
$66.6M
$97.3M
Net Profit
EVGO
EVGO
SRCE
SRCE
Q1 26
$40.0M
Q4 25
$-4.8M
$41.1M
Q3 25
$-12.4M
$42.3M
Q2 25
$-13.0M
$37.3M
Q1 25
$-11.4M
$37.5M
Q4 24
$-12.4M
$31.4M
Q3 24
$-11.7M
$34.9M
Q2 24
$-10.4M
$36.8M
Gross Margin
EVGO
EVGO
SRCE
SRCE
Q1 26
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%
Operating Margin
EVGO
EVGO
SRCE
SRCE
Q1 26
45.4%
Q4 25
-10.4%
Q3 25
-36.9%
49.7%
Q2 25
-31.4%
44.5%
Q1 25
-44.4%
45.8%
Q4 24
-51.9%
Q3 24
-47.1%
46.3%
Q2 24
-48.6%
49.1%
Net Margin
EVGO
EVGO
SRCE
SRCE
Q1 26
35.3%
Q4 25
-4.1%
37.1%
Q3 25
-13.4%
38.2%
Q2 25
-13.3%
34.5%
Q1 25
-15.1%
36.1%
Q4 24
-18.4%
32.1%
Q3 24
-17.3%
35.7%
Q2 24
-15.6%
37.8%
EPS (diluted)
EVGO
EVGO
SRCE
SRCE
Q1 26
$1.63
Q4 25
$-0.03
$1.67
Q3 25
$-0.09
$1.71
Q2 25
$-0.10
$1.51
Q1 25
$-0.09
$1.52
Q4 24
$-0.11
$1.27
Q3 24
$-0.11
$1.41
Q2 24
$-0.10
$1.49

Balance Sheet & Financial Strength

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

Metric
EVGO
EVGO
SRCE
SRCE
Cash + ST InvestmentsLiquidity on hand
$151.0M
Total DebtLower is stronger
$206.5M
Stockholders' EquityBook value
$-116.9M
$1.3B
Total Assets
$964.8M
$9.1B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EVGO
EVGO
SRCE
SRCE
Q1 26
Q4 25
$151.0M
Q3 25
$181.3M
Q2 25
$154.5M
Q1 25
$150.0M
Q4 24
$117.3M
Q3 24
$141.9M
Q2 24
$162.3M
Total Debt
EVGO
EVGO
SRCE
SRCE
Q1 26
Q4 25
$206.5M
Q3 25
$157.3M
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Stockholders' Equity
EVGO
EVGO
SRCE
SRCE
Q1 26
$1.3B
Q4 25
$-116.9M
$1.3B
Q3 25
$-428.1M
$1.2B
Q2 25
$-230.1M
$1.2B
Q1 25
$-36.8M
$1.2B
Q4 24
$-256.1M
$1.1B
Q3 24
$-344.8M
$1.1B
Q2 24
$13.6M
$1.0B
Total Assets
EVGO
EVGO
SRCE
SRCE
Q1 26
$9.1B
Q4 25
$964.8M
$9.1B
Q3 25
$931.8M
$9.1B
Q2 25
$864.7M
$9.1B
Q1 25
$856.0M
$9.0B
Q4 24
$803.8M
$8.9B
Q3 24
$791.7M
$8.8B
Q2 24
$785.3M
$8.9B

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
SRCE
SRCE
Operating Cash FlowLast quarter
$11.3M
$59.1M
Free Cash FlowOCF − Capex
$-38.1M
$58.1M
FCF MarginFCF / Revenue
-32.2%
51.4%
Capex IntensityCapex / Revenue
41.7%
0.9%
Cash ConversionOCF / Net Profit
1.48×
TTM Free Cash FlowTrailing 4 quarters
$-124.4M
$361.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EVGO
EVGO
SRCE
SRCE
Q1 26
$59.1M
Q4 25
$11.3M
$223.1M
Q3 25
$-22.8M
$51.0M
Q2 25
$14.1M
$44.9M
Q1 25
$-10.2M
$71.8M
Q4 24
$-12.8M
$193.9M
Q3 24
$12.1M
$68.4M
Q2 24
$7.6M
$50.0M
Free Cash Flow
EVGO
EVGO
SRCE
SRCE
Q1 26
$58.1M
Q4 25
$-38.1M
$213.0M
Q3 25
$-49.0M
$47.3M
Q2 25
$-12.1M
$43.0M
Q1 25
$-25.2M
$69.3M
Q4 24
$-36.5M
$181.5M
Q3 24
$-13.7M
$66.7M
Q2 24
$-16.6M
$46.4M
FCF Margin
EVGO
EVGO
SRCE
SRCE
Q1 26
51.4%
Q4 25
-32.2%
192.2%
Q3 25
-53.1%
42.7%
Q2 25
-12.4%
39.8%
Q1 25
-33.5%
66.6%
Q4 24
-54.1%
185.5%
Q3 24
-20.3%
68.1%
Q2 24
-25.0%
47.7%
Capex Intensity
EVGO
EVGO
SRCE
SRCE
Q1 26
0.9%
Q4 25
41.7%
9.1%
Q3 25
28.3%
3.4%
Q2 25
26.7%
1.7%
Q1 25
19.9%
2.4%
Q4 24
35.1%
12.6%
Q3 24
38.3%
1.7%
Q2 24
36.3%
3.7%
Cash Conversion
EVGO
EVGO
SRCE
SRCE
Q1 26
1.48×
Q4 25
5.42×
Q3 25
1.21×
Q2 25
1.20×
Q1 25
1.91×
Q4 24
6.17×
Q3 24
1.96×
Q2 24
1.36×

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%

SRCE
SRCE

Segment breakdown not available.

Related Comparisons