Evgo Inc. (EVGO)
NASDAQ:EVGO
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Earnings Data
Report Date
Aug 11, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
-0.13Last Year’s EPS
-0.1Same Quarter Last Year
Moderate Buy
Based on 10 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presents a broadly positive view: record revenue, strong YoY growth in energy dispensed and charging revenue, meaningful network expansion, progress on NACS deployment, and materially improved liquidity with the DOE loan amendment and commercial financing. Near-term challenges include a Q1 adjusted EBITDA loss (investments in growth), margin and throughput headwinds driven by new-site ramp, seasonality and weather, and an expected softer Q2. Management reaffirmed 2026 guidance and reiterated long-term targets, suggesting confidence in scaling to significant adjusted EBITDA by 2030.Company Guidance
Record Q1 Revenue
Q1 2026 revenue of $110 million, a 45% year-over-year increase, driven by growth across charging network, eXtend, and AV/ancillary revenue.
Network Expansion and Stall Count Growth
Operating stalls reached 5,280 (over 3x vs. end of 2021) with ~200 new stalls added in Q1 (including ~100 new EVgo-owned public stalls); 2026 new-stall guidance reaffirmed at 1,400–1,650.
Strong Throughput and Energy Trends (TTM)
Trailing 12-month energy dispensed of 373 GWh, a 21% increase year-over-year; public-network throughput for the quarter was 91 GWh, up 10% year-over-year.
Recurring Charging Revenue Momentum
Charging network revenue of $56 million in Q1, an 18% year-over-year increase and the company’s 17th consecutive quarter of double-digit YoY charging revenue growth.
Gross Profit and Margin Improvements (TTM)
Charging gross margin was 39% on a trailing 12-month basis (expanded +2 percentage points YoY); adjusted EBITDA margin improved to 3% TTM as network scale advances toward an operational inflection point.
eXtend and AV/Ancillary Growth
eXtend revenue of $33 million (+41% YoY); AV & ancillary revenue of $21 million (over +300% YoY) driven by gain on sale of 2 dedicated AV-hub locations (almost half of anticipated 2026 AV ancillary recognized in Q1).
Improved Liquidity and DOE Loan Amendment
Amended DOE loan increases certainty and liquidity: updated loan package size $750 million (up to $625M borrowings plus $125M capitalized interest), attractive interest at Treasury + ~1.2%, elimination of a $35M construction-reserve, and as of May 1 cash of $223M with up to ~$640M available principal capacity across credit facilities.
NACS Deployment Progress
Over 100 stores operational with NACS connectors and a target of >500 NACS stores by year-end (~15% of sites), effectively increasing addressable market for NACS-equipped vehicles and showing rising throughput on NACS pilot sites.
Reaffirmed 2026 Guidance and Long-Term Targets
Reaffirmed 2026 revenue guidance of $410M–$470M and adjusted EBITDA guidance of negative $20M to positive $20M; long-term target of recurring adjusted EBITDA generation at ~$0.5B by 2030 and previously stated build targets (12,500–13,900 public stalls by end of 2029) unchanged.
EVGO Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
EVGO Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 05, 2026 | $2.17 | $2.10 | -3.23% |
Mar 03, 2026 | $2.83 | $2.68 | -5.30% |
Nov 10, 2025 | $3.42 | $3.44 | +0.58% |
Aug 05, 2025 | $3.53 | $3.66 | +3.68% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Evgo Inc. (EVGO) report earnings?
Evgo Inc. (EVGO) is schdueled to report earning on Aug 11, 2026, Before Open (Confirmed).
What is Evgo Inc. (EVGO) earnings time?
Evgo Inc. (EVGO) earnings time is at Aug 11, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
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What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is EVGO EPS forecast?
EVGO EPS forecast for the fiscal quarter 2026 (Q2) is -0.13.