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EVgo, Inc. EVGO Operating segment — Operations And Network Operations Costs

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Other financials

Income statement

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Revenue$82.6M-15.7%
Gross profit$7.3M-47.2%
Operating income-$40.1M-30.3%
Net income-$20.8M-59.8%
EPS (diluted)-$0.15-50.0%

Balance sheet

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Cash & equivalents$197.7M+7.8%
Total debt$415.6M+117%
Total equity-$20.5M+91.1%
Total assets$966.9M+11.8%

Cash flow

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Operating cash flow-$6.5M-146%
CapEx$33.8M+29.1%
Free cash flow-$40.3M-233%

Valuation

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Market cap$214.41M-54.4%
Enterprise value$432.32M-9.6%
P/S0.5×-1.0×

Profitability

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Gross margin19.3%+6.6pp
Operating margin-30.5%-6.7pp
Net margin-13.5%-1.7pp
FCF margin-48%+106pp

Returns & leverage

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Return on equity-93.7%
Debt / equity8.3×
Current ratio2.2×+0.1×

Where this comes from

Reported directly by EVgo, Inc. in its filing.

Tagged under the XBRL concept evgo:OperationsAndNetworkOperationsCosts.

The source filing: EVgo, Inc.’s 10-Q, filed August 6, 2026.

Filed
Aug 5, 2026, 8:00 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001821159-26-000019
(in thousands)Three Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Operations/network operations$13,608$15,470$28,847$28,106
Other general and administrative12,13810,08625,69121,977
Technology and development12,0859,78423,78719,140
Sales and marketing6,5275,25612,03810,001
General and administrative expenses$44,358$40,596$90,363$79,224

Item 1. Financial Statements.

FAQ

What is EVgo, Inc.'s operating segment — operations and network operations costs?
EVgo, Inc. (EVGO) reported operating segment — operations and network operations costs of $13.61M in Q2 2026.
How has EVgo, Inc.'s operating segment — operations and network operations costs changed year-over-year?
EVgo, Inc.'s operating segment — operations and network operations costs decreased by 12.0% year-over-year, from $15.47M to $13.61M.
What is the long-term trend for EVgo, Inc.'s operating segment — operations and network operations costs?
Over 2 years (2023 to 2025), EVgo, Inc.'s operating segment — operations and network operations costs has grown at a 10.4% compound annual growth rate (CAGR), from $47.23M to $57.57M.
What does operating segment — operations and network operations costs mean?
This metric represents the direct costs associated with maintaining, monitoring, and operating the physical electric vehicle charging infrastructure network. It includes expenses related to site maintenance, electricity procurement, and technical support required to ensure high network uptime and availability for users. Monitoring these costs is essential for assessing the operational efficiency and scalability of the charging network.

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