What is EVgo, Inc.'s provision for credit losses?

EVgo, Inc. (EVGO) reported provision for credit losses of $989K in Q1 2026.

How has EVgo, Inc.'s provision for credit losses changed year-over-year?

EVgo, Inc.'s provision for credit losses increased by 66.8% year-over-year, from $593K to $989K.

What does provision for credit losses mean?

Non-cash provision for expected loan losses, added back in operating cash flow since it's a reserve build, not a cash payment.

EVgo, Inc. EVGO Provision for Credit Losses

Provision for Credit Losses at other companies

Microvast Holdings, Inc.MVST

-$799K-159%

NextNRG, Inc. Common StockNXXT

$1.94K-82.6%

DoverDOV

$2.2M+65.5%

Other financials

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

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Market cap$269.42M-50.1%

Enterprise value$441.9M-22.9%

P/S0.6×-1.1×

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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Return on equity-93.7%—

Debt / equity8.3×—

Current ratio2.1×-0.2×

Where this comes from

Reported directly by EVgo, Inc. in its filing.

Tagged under the XBRL concept us-gaap:ProvisionForDoubtfulAccounts.

The official record: EVgo, Inc.’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is EVgo, Inc.'s provision for credit losses?: EVgo, Inc. (EVGO) reported provision for credit losses of $989K in Q1 2026.
How has EVgo, Inc.'s provision for credit losses changed year-over-year?: EVgo, Inc.'s provision for credit losses increased by 66.8% year-over-year, from $593K to $989K.
What does provision for credit losses mean?: Non-cash provision for expected loan losses, added back in operating cash flow since it's a reserve build, not a cash payment.