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EVgo, Inc. EVGO Q4 2024 Annual earnings

Reported March 4, 2025 · Before market open

Revenue$67.5MMiss by $5.2M
EPS-$0.11Beat by $0.04
Revenue estimate$72.7M
EPS estimate-$0.15

Next report

Aug 5, 2026 (In 1 week)
Revenue estimate$80.1M
EPS estimate-$0.18

Financials

Q4 2024

Income statement

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Revenue$67.5M+35.0%
Gross profit$9.8M+176%
Operating income-$35.0M+14.2%
Net income-$12.4M+1.5%
EPS (diluted)-$0.11+8.3%

Balance sheet

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Cash & equivalents$120.5M-42.2%
Total debt$90.4M+32.9%
Total equity-$256.1M-59.5%
Total assets$803.8M-0.4%

Cash flow

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Operating cash flow-$12.8M-76.4%
CapEx$23.7M-32.0%
Free cash flow-$36.5M+13.2%

Valuation & ratios

Valuation

as of 12/31/24
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Market cap$529.3M+43.7%
Enterprise value$499.16M+119%
P/S2.1×-0.2×

Profitability

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Gross margin11.4%+5.4pp
Operating margin-51.2%-16.2pp
Net margin-17.3%-4.4pp
FCF margin-39.7%-16.0pp

Returns & leverage

See full
Current ratio1.8×-1.1×

Segments

By product

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Charging, retail$29.3M+75.9%
eXtend$17.9M-2.4%
Charging, commercial$7.8M+181%
Charging, OEM$4.9M+125%
Ancillary$3.1M-54.6%

Versus estimates

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Questions, answered.

When did EVgo, Inc. report Q4 2024 earnings?
EVgo, Inc. (EVGO) reported Q4 2024 earnings on March 4, 2025 before market open.
What were EVgo, Inc.'s Q4 2024 revenue and EPS?
EVgo, Inc. reported revenue of $67.5M and eps of $-0.11 for Q4 2024.
Did EVgo, Inc. beat estimates in Q4 2024?
Revenue missed the consensus estimate of $72.7M by $5.2M. EPS beat the consensus estimate of $-0.15 by $0.04.
Where can I find EVgo, Inc.'s Q4 2024 SEC filings?
You can read the 10-K periodic report (0001558370-25-002400) directly on SEC EDGAR. The filing index links above go to sec.gov.