EVGO · Evgo Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $109.53M | - | $92.30M | $98.03M | $75.29M | - | $67.53M | $66.62M | $55.16M | - |
| Cost of Revenue | $96.57M | - | $79.74M | $84.12M | $65.96M | - | $61.17M | $60.22M | $48.32M | - |
| Gross Profit | $12.96M | - | $12.56M | $13.91M | $9.32M | - | $6.37M | $6.40M | $6.84M | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $46.01M | - | $43.40M | $40.60M | $34.23M | - | $33.11M | $33.83M | $34.23M | - |
| Total Operating Expenses | $49.30M | - | $46.64M | $44.72M | $42.72M | - | $38.16M | $38.78M | $39.21M | - |
| D&A | - | - | - | - | - | - | - | - | - | - |
| Operating Income | ($36.35M) | - | ($34.08M) | ($30.81M) | ($33.40M) | - | ($31.79M) | ($32.39M) | ($32.37M) | - |
| Interest Expense | $4.00M | - | $0 | $0 | $0 | - | - | - | - | - |
| Income Tax | $12.0K | - | ($5.22M) | $3.0K | $91.0K | - | $25.0K | $57.0K | $13.0K | - |
| Net Income | ($16.42M) | - | ($12.38M) | ($13.00M) | ($11.36M) | - | ($11.71M) | ($10.38M) | ($9.83M) | - |
| EPS - Basic | ($0.12) | - | ($0.09) | ($0.10) | ($0.09) | - | ($0.11) | ($0.10) | ($0.09) | - |
| EPS - Diluted | ($0.12) | - | ($0.09) | ($0.10) | ($0.09) | - | ($0.11) | ($0.10) | ($0.09) | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $122.44M | $151.00M | $181.33M | $154.47M | $150.01M | $117.27M | $153.41M | $162.74M | $175.53M | $208.67M |
| Accounts Receivable | $33.31M | $38.63M | $40.09M | $31.86M | $43.05M | $45.85M | $35.40M | $34.77M | $35.26M | $34.88M |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | $13.97M | $7.58M | $16.16M | $9.83M | $16.17M | $13.03M | $12.58M | $16.16M | $10.09M | $10.13M |
| Current Assets | $239.24M | $296.48M | $284.73M | $252.38M | $251.28M | $205.38M | $223.91M | $225.47M | $239.03M | $267.41M |
| Total Assets | $920.35M | $964.83M | $931.83M | $864.66M | $855.98M | $803.76M | $791.69M | $785.33M | $787.54M | $806.61M |
| Current Liabilities | $115.67M | $135.32M | $133.43M | $118.15M | $110.90M | $111.41M | $102.27M | $90.09M | $81.63M | $89.35M |
| Long-term Debt | $208.68M | $204.32M | $156.06M | $96.54M | $0 | - | - | - | - | - |
| Total Liabilities | $567.68M | $578.89M | $542.61M | $464.08M | $433.11M | $360.03M | $325.90M | $292.02M | $270.41M | $266.24M |
| Stockholders' Equity | $38.73M | ($116.90M) | ($428.12M) | ($230.14M) | ($36.77M) | ($256.11M) | ($344.83M) | $13.60M | $25.68M | ($160.59M) |
| Retained Earnings | $27.25M | ($124.69M) | ($428.15M) | ($230.17M) | ($42.16M) | ($256.14M) | ($344.86M) | ($77.49M) | ($67.11M) | ($248.55M) |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | ($35.37M) | - | - | - | ($10.25M) | - | - | - | ($14.08M) | - |
| Investing Cash Flow | ($30.56M) | - | - | - | ($14.97M) | - | - | - | ($21.02M) | - |
| Financing Cash Flow | $5.18M | - | - | - | $75.28M | - | - | - | $1.49M | - |
| CapEx | $30.57M | - | - | - | $14.99M | - | - | - | $21.07M | - |
| Free Cash Flow | ($65.94M) | - | - | - | ($25.24M) | - | - | - | ($35.15M) | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 11.8% | - | 13.6% | 14.2% | 12.4% | - | 9.4% | 9.6% | 12.4% | - |
| Operating margin | -33.2% | - | -36.9% | -31.4% | -44.4% | - | -47.1% | -48.6% | -58.7% | - |
| EBITDA margin | - | - | - | - | - | - | - | - | - | - |
| Net margin | -15.0% | - | -13.4% | -13.3% | -15.1% | - | -17.3% | -15.6% | -17.8% | - |
| Free cash flow margin | -60.2% | - | - | - | -33.5% | - | - | - | -63.7% | - |
| FCF / Net income | 4.02 | - | - | - | 2.22 | - | - | - | 3.58 | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 42.0% | - | 47.0% | 41.4% | 45.5% | - | 49.0% | 50.8% | 62.1% | - |
| Effective tax rate | - | - | - | - | - | - | - | - | - | - |
| Return on assets | -1.8% | - | -1.3% | -1.5% | -1.3% | - | -1.5% | -1.3% | -1.2% | - |
| Return on equity | -42.4% | - | 2.9% | 5.6% | 30.9% | - | 3.4% | -76.3% | -38.3% | - |
| Return on invested capital | -11.6% | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 2.07 | 2.19 | 2.13 | 2.14 | 2.27 | 1.84 | 2.19 | 2.50 | 2.93 | 2.99 |
| Quick ratio | 2.07 | 2.19 | 2.13 | 2.14 | 2.27 | 1.84 | 2.19 | 2.50 | 2.93 | 2.99 |
| Cash ratio | 1.06 | 1.12 | 1.36 | 1.31 | 1.35 | 1.05 | 1.50 | 1.81 | 2.15 | 2.34 |
| Leverage | ||||||||||
| Debt / Equity | 5.39 | -1.75 | -0.36 | -0.42 | 0.00 | - | - | - | - | - |
| Debt / Assets | 0.23 | 0.21 | 0.17 | 0.11 | 0.00 | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | -9.1x | - | - | - | - | - | - | - | - | - |
| Equity multiplier | 23.76 | -8.25 | -2.18 | -3.76 | -23.28 | -3.14 | -2.30 | 57.77 | 30.67 | -5.02 |
| Liabilities / Assets | 0.62 | 0.60 | 0.58 | 0.54 | 0.51 | 0.45 | 0.41 | 0.37 | 0.34 | 0.33 |
| Efficiency | ||||||||||
| Asset turnover | 0.12 | - | 0.10 | 0.11 | 0.09 | - | 0.09 | 0.08 | 0.07 | - |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | 111d | - | 159d | 119d | 209d | - | 191d | 191d | 233d | - |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | 53d | - | 74d | 43d | 89d | - | 75d | 98d | 76d | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | 6.1x | - | - | - | - | - | - | 19.0x | 10.2x | - |
| P / S | 2.2x | - | - | - | 4.7x | - | 6.5x | 3.9x | 4.8x | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 45.5% | - | 36.7% | 47.2% | 36.5% | - | 92.4% | 31.8% | 118.0% | - |
| Revenue CAGR (3y) | 63.0% | - | 106.3% | 173.7% | 113.8% | - | 166.4% | - | - | - |
| Revenue CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Gross profit growth (YoY) | 39.0% | - | 97.2% | 117.4% | 36.3% | - | 954.3% | 15.7% | 16585.4% | - |
| Operating income growth (YoY) | -8.8% | - | -7.2% | 4.9% | -3.2% | - | 12.6% | 3.6% | 24.1% | - |
| Net income growth (YoY) | -44.5% | - | -5.8% | -25.3% | -15.5% | - | -20.5% | -47.7% | 24.8% | - |
| EPS growth (YoY) | -33.3% | - | 18.2% | 0.0% | 0.0% | - | -22.2% | -25.0% | 50.0% | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | -161.3% | - | - | - | 28.2% | - | - | - | 58.4% | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | - | 54.4% | -24.2% | - | - | -59.5% | -269.3% | - | - | 55.2% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Product / service
$602.43M totalCharging Network Revenue$218.34M · 36.2%
Charging Revenue Retail$133.87M · 22.2%
Extend$116.48M · 19.3%
Ancillary Revenue$49.26M · 8.2%
Charging Revenue Commercial$34.76M · 5.8%
Charging Revenue Oem$26.11M · 4.3%
Network Revenue Oem$13.41M · 2.2%
Regulatory Credit Sales$10.19M · 1.7%
Peer comparison
Same SIC group: Services-Automotive Repair, Services & Parking
Comparing EVgo Inc. against the 3 most active filers in the same SIC group.