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EVgo, Inc. EVGO Q1 2026 earnings

Reported May 5, 2026 · Before market open

Revenue$109.5MBeat by $21.5M
EPS-$0.12Beat by $0.02
Revenue estimate$88.0M
EPS estimate-$0.14

Next report

Nov 9, 2026 (In 4 weeks)
Revenue estimate$94.1M
EPS estimate-$0.15

Financials

Q1 2026

Income statement

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Revenue$109.5M+45.5%
Gross profit$13.0M+39.0%
Operating income-$36.3M-8.8%
Net income-$16.4M-44.5%
EPS (diluted)-$0.12-33.3%

Balance sheet

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Cash & equivalents$150.0M-12.1%
Total debt$322.5M+91.3%
Total equity$38.7M+205%
Total assets$920.3M+7.5%

Cash flow

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Operating cash flow-$35.4M-245%
CapEx$30.6M+104%
Free cash flow-$65.9M-161%

Valuation & ratios

Valuation

as of 03/31/26
See full
Market cap$241.29M-32.1%
Enterprise value$413.76M+17.2%
P/S0.6×-0.7×

Profitability

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Gross margin20.2%+8.7pp
Operating margin-27.2%-8.2pp
Net margin-11.1%-2.7pp
FCF margin-39.5%+9.1pp

Returns & leverage

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Debt / equity8.3×—
Current ratio2.1×-0.2×

Segments

By product

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Charging, retail$33.8M+12.6%
eXtend$33.2M+41.3%
Ancillary$20.6M+339%
Charging, commercial$8.8M+13.2%
Network, OEM$5.1M+303%

FAQ

When did EVgo, Inc. report Q1 2026 earnings?
EVgo, Inc. (EVGO) reported Q1 2026 earnings on May 5, 2026 before market open.
What were EVgo, Inc.'s Q1 2026 revenue and EPS?
EVgo, Inc. reported revenue of $109.5M and eps of $-0.12 for Q1 2026.
Did EVgo, Inc. beat estimates in Q1 2026?
Revenue beat the consensus estimate of $88.0M by $21.5M. EPS beat the consensus estimate of $-0.14 by $0.02.
How did EVgo, Inc.'s Q1 2026 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 45.5% from $75.3M a year earlier and eps declined 33.3% from $-0.09.
Where can I find EVgo, Inc.'s Q1 2026 SEC filings?
You can read the 8-K earnings release (0001821159-26-000009) and the 10-Q periodic report (0001821159-26-000010) directly on SEC EDGAR. The filing index links above go to sec.gov.