NASDAQ$EVGO

EVgo Inc · Q1 2026 earnings

Q1 2026 earnings · · Investor relations

Briefing

EVgo reported Q1 2026 total revenue of $109.5M (+46% YoY) and a net loss of $37.0M.

For the quarter ended March 31, 2026, EVgo generated total revenue of $109.5 million versus $75.3 million and a net loss of $37.0 million as the fast-charging network expanded. Charging session growth and eXtend partnerships contributed to top-line gains; capEx and D&A remain elevated.

  • Total revenue $109.5M (+46% YoY).
  • Net loss $37.0M as network build continues.
  • Utilization and connector count growing.
  • Partnership revenue from eXtend program.
  • Cash burn monitored until network scale.

Headline financials

Total Revenue

$110M

Previous: $75.3M+45.5%
EPS (adj)

-$0.12

Previous: -$0.09-33.3%
Capital Expenditures

-$30.6M

Previous: -$15M-103.9%
Net Income

-$16.4M

Previous: -$11.4M-44.5%
Operating Income

-$36.3M

Previous: -$33.4M-8.8%
Gross Profit

$13M

Previous: $9.32M+39.0%

Revenue & EPS history

EVgo · Revenue · Quarterly

$110M

Q1 2026+45.5%vs Q1 2025
Beat estimate in 11 of 15 quarters(73%)
ActualEstimate

Revenue by segment

EVgo · $25.3M total across 7 segments · Q1 2023

  • eXtend
    $10.3M
  • Charging Retail
    $6.62M
  • Network OEM
    $2.7M
  • Ancillary
    $2.21M
  • Charging Commercial
    $1.72M
  • Regulatory Credit Sales
    $1.22M
  • Charging OEM
    $552K

Forward guidance

EV charging network discusses stall growth, utilization, and capital needs without EPS guidance.

Tailwinds

  • Strong revenue growth on network expansion.

Headwinds

  • Continued losses until scale improves.
  • High infrastructure investment.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2026

Historical avgQ1 2026

+7.0%

Avg return

Earnings day

+2.5%

Avg return

5 days after

-0.1%

Avg return

30 days after

60%

12 / 20 earnings

Positive

+35.5%

Q4 2022

Best reaction

-12.1%

Q1 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-2.3%-8.4%+16.3%
Q4 2025-5.3%-21.9%-39.6%
Q3 2025+0.6%-14.0%+0.9%
Q1 2025+32.5%+32.1%+37.2%
Q4 2024+1.6%+5.7%+4.5%
Q3 2024-3.7%-6.3%+15.2%
Q2 2024-1.8%-4.9%+18.0%
Q1 2024-12.1%-6.5%+7.0%
Q4 2023+0.0%-1.4%-23.0%
Q3 2023+16.5%+20.0%+32.2%
Q2 2023+18.3%+10.1%-6.7%
Q1 2023-7.3%-11.2%-32.5%
Q4 2022+35.5%+24.6%+4.2%
Q3 2022-3.1%-3.9%-17.1%
Q2 2022+9.2%+20.6%-5.9%
Q1 2022+11.7%+11.6%+13.9%
Q4 2021+14.5%+5.4%-12.6%
Q3 2021+29.9%+9.4%-16.8%
Q2 2021+2.8%-10.6%-21.0%
Q1 2021+2.1%-1.0%+24.7%

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