EVgo Earnings Reports

EVgo delivered a strong third quarter in 2025, achieving record total revenues of $92.3 million, a 37% increase year-over-year, and record charging network revenue of $55.8 million. The company expanded its network by adding over 280 new operational stalls, bringing the total to 4,590, and saw a 25% increase in network throughput. Despite an operating loss, EVgo demonstrated improved financial metrics with a 97% increase in gross profit and a 44% improvement in Adjusted EBITDA.

EVgo delivered a record second quarter in 2025, with total revenue reaching $98.0 million, a 47% increase year-over-year. The company also secured a significant commercial bank loan facility to accelerate infrastructure buildout and added over 240 new operational stalls, ending the quarter with 4,350 stalls in operation. Net loss attributable to Class A common stockholders was $13.0 million.

EVgo Inc. achieved record revenue of $75.3 million in the first quarter of 2025, marking a 36% year-over-year increase. Charging network revenue also reached a record $47.1 million, up 49% year-over-year, and network throughput increased by 60% to 83 gigawatt-hours. The company added over 180 new operational stalls, ending the quarter with 4,240 stalls in operation.

EVgo's Q4 2024 revenue increased 35% year-over-year to $67.5 million, driven by a 73% growth in charging network revenue. The company achieved record network throughput of 84 GWh, up 68% from the prior year. Net loss improved to $35.6 million, while adjusted EBITDA reached negative $8.4 million. EVgo expanded its charging infrastructure, adding over 480 new stalls during the quarter and ending the year with approximately 4,080 stalls in operation.

EVgo reported record third-quarter revenue of $67.5 million, a 92% increase year-over-year, driven by growth in charging network and eXtend revenues. Network throughput reached 78 GWh, up 111% year-over-year. The company added over 270 new operational stalls and 147,000 new customer accounts, reaching more than 1.2 million overall.

EVgo Inc. reported a record revenue of $66.6 million for Q2 2024, a 32% increase year-over-year. The company achieved its 6th consecutive quarter of triple-digit year-over-year network throughput growth and raised the midpoint of total revenue guidance by $10 million.

EVgo reported a record revenue of $55.2 million, representing a 118% increase year-over-year, driven by growth in charging revenues and eXtendrevenue. Network throughput increased by 194% year-over-year, and the company added nearly 109,000 new customer accounts.

EVgo Inc. reported an 83% increase in revenue, reaching $50.0 million in Q4 2023, driven by growth in charging revenues and eXtendrevenue. Network throughput also saw a substantial increase of 257% year-over-year. The company added over 110,000 new customer accounts during the quarter, bringing the total to over 884,000.

EVgo reported a substantial increase in revenue, reaching $35.1 million, a 234% increase year-over-year. Network throughput also saw significant growth, reaching 37 GWh, a 208% increase year-over-year. The company added over 106,000 new customer accounts, bringing the total to over 785,000.

EVgo Inc. announced record second quarter 2023 results, with revenue reaching $50.6 million, a 457% increase year-over-year, and network throughput reaching a record 24.9 gigawatt-hours, a 147% increase year-over-year. The company added approximately 82,000 new customer accounts during the quarter, bringing the overall number of customer accounts to 688,000.

EVgo Inc. reported a strong first quarter in 2023, with revenue reaching $25.3 million, a 229% increase year-over-year, and network throughput increasing by 124% to 17.9 GWh. The company added 67,000 new customer accounts, bringing the total to 614,000. EVgo is also expanding its partnerships with Chevron and Audible.

EVgo Inc. reported a significant increase in revenue for Q4 2022, with a 283% year-over-year growth, reaching $27.3 million. This growth was primarily driven by increased network throughput and the execution of the Pilot Flying J contract. The company also expanded its network, adding 180 new stalls and approximately 59,000 new customer accounts during the quarter.

EVgo Inc. reported a 70% year-over-year increase in revenue, reaching $10.5 million in Q3 2022. Network throughput increased by 51% year-over-year, and the company added approximately 54,000 new customer accounts.

EVgo Inc. announced its Q2 2022 results, revealing a 90% year-over-year increase in revenue, reaching $9.1 million. Network throughput also saw a significant rise, reaching 10.1 GWh, a 66% increase year-over-year. The company added approximately 67,000 new customer accounts, bringing the total to approximately 444,000.

EVgo Inc. reported an 86% year-over-year increase in revenue, reaching $7.7 million in the first quarter of 2022. Network throughput grew by 95% year-over-year. The company added 129 new stalls, reaching a total of 2,110 stalls in operation or under construction.

EVgo Inc. reported a revenue increase of 70% year-over-year, reaching $7.1 million for the fourth quarter of 2021. Network throughput increased by 95% year-over-year, totaling 8.2 GWh. The company ended the year with approximately 340,000 customer accounts, a 47% increase over the prior-year period.

EVgo reported a revenue increase of 29% quarter-over-quarter, reaching $6.2 million, and network throughput grew by 31% quarter-over-quarter, reaching 8.0 GWh. Total customer accounts grew to more than 310,000.

EVgo reported a revenue increase to $4.8 million, driven by overall increases in EV adoption and a customer count exceeding 275,000. The company placed 104 new charging stalls in service and expanded its commercial relationship with General Motors.