Evgo Inc. income statement
In fiscal 2025, Evgo Inc. reported revenue of $384m, up 49.6% on the year before, operating income of −$111m (a -28.8% margin) and net income of −$41.6m, or −$0.31 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|
| Revenue | 13 | 22 | 55 | 161 | 257 | 384 | 403 |
| Cost of revenue | 23 | 29 | 60 | 151 | 227 | 303 | 325 |
| Gross profit | −10 | −7 | −6 | 10 | 29 | 81 | 78 |
| Research and development | 1 | 2 | 5 | 6 | 12 | 12 | — |
| General and administrative | 34 | 71 | 127 | 143 | 141 | 177 | — |
| Operating income | −58 | −90 | −150 | −153 | −132 | −111 | −123 |
| Interest expense | — | — | 0 | — | 0 | 6 | 16 |
| Income before tax | — | −58 | −106 | −135 | −129 | −101 | −128 |
| Income tax | — | — | 0 | 0 | −2 | −5 | −5 |
| Net income | −48 | −6 | −28 | −42 | −44 | −42 | −54 |
| Diluted EPS | — | −$0.09 | −$0.40 | −$0.46 | −$0.41 | −$0.31 | −$0.40 |
| Diluted shares (average) | — | 68m | 69m | 91m | 107m | 133m | 137m |
| EBITDA | −40 | −66 | −114 | −101 | −66 | −37 | −46 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 68 | 68 | 75 | 98 | 92 | 118 | 110 | 83 |
| Cost of revenue | 61 | 58 | 66 | 84 | 80 | 73 | 97 | 75 |
| Gross profit | 6 | 10 | 9 | 14 | 13 | 45 | 13 | 7 |
| Selling, general and administrative | 33 | — | 39 | 41 | 43 | — | — | — |
| Selling and marketing | — | — | — | — | — | — | 6 | — |
| General and administrative | — | 40 | — | — | — | — | 46 | 44 |
| Operating income | −32 | −35 | −33 | −31 | −34 | −12 | −36 | −40 |
| Interest expense | 0 | 0 | 1 | 1 | 2 | 3 | 3 | 8 |
| Income before tax | −33 | −38 | −26 | −30 | −34 | −11 | −37 | −47 |
| Income tax | 0 | −2 | 0 | 0 | −5 | −0 | 0 | −0 |
| Net income | −12 | −12 | −11 | −13 | −12 | −5 | −16 | −21 |
| Diluted EPS | −$0.11 | −$0.11 | −$0.09 | −$0.10 | −$0.09 | −$0.04 | −$0.12 | −$0.15 |
| EBITDA | −15 | −17 | −13 | −12 | −17 | 6 | −16 | −18 |
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