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EVgo, Inc. EVGO Operating segment — Technology And Development Expense
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Where this comes from
Reported directly by EVgo, Inc. in its filing.
Tagged under the XBRL concept evgo:TechnologyAndDevelopmentExpense.
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, 2026 | Three Months Ended June 30, 2025 | Six Months Ended June 30, 2026 | Six Months Ended June 30, 2025 |
|---|---|---|---|---|
| Operations/network operations | $13,608 | $15,470 | $28,847 | $28,106 |
| Other general and administrative | 12,138 | 10,086 | 25,691 | 21,977 |
| Technology and development | 12,085 | 9,784 | 23,787 | 19,140 |
| Sales and marketing | 6,527 | 5,256 | 12,038 | 10,001 |
| General and administrative expenses | $44,358 | $40,596 | $90,363 | $79,224 |
Item 1. Financial Statements.
FAQ
- What is EVgo, Inc.'s operating segment — technology and development expense?
- EVgo, Inc. (EVGO) reported operating segment — technology and development expense of $12.09M in Q2 2026.
- How has EVgo, Inc.'s operating segment — technology and development expense changed year-over-year?
- EVgo, Inc.'s operating segment — technology and development expense increased by 23.5% year-over-year, from $9.78M to $12.09M.
- What is the long-term trend for EVgo, Inc.'s operating segment — technology and development expense?
- Over 2 years (2023 to 2025), EVgo, Inc.'s operating segment — technology and development expense has grown at a 19.4% compound annual growth rate (CAGR), from $28.48M to $40.6M.
- What does operating segment — technology and development expense mean?
- This metric reflects investments in software development, hardware engineering, and digital platform enhancements designed to improve the charging experience and network management capabilities. It encompasses costs for innovation, such as developing proprietary charging software or integrating new grid-management technologies. High spending in this area indicates a focus on long-term competitive differentiation and technological leadership.
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