Gogoro (GGR)
NASDAQ:GGR
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Earnings Data
Report Date
Aug 06, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
―Last Year’s EPS
-0.09Same Quarter Last Year
Based on 0 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call emphasized meaningful operational and structural progress—material gross margin expansion to ~20%, positive operating cash flow, EBITDA growth, strong unit sales and subscriber growth, and cost savings from the battery program—while acknowledging near-term top-line transitions, hardware ASP dilution, ongoing net loss, Taiwan concentration, and required CapEx for expansion. Management conveyed cautious optimism with clear milestones (network profitability in 2026, hardware profitability target 2028) and secured initial committed funding, offsetting some execution risks tied to overseas scaling and timing of revenue recognition.Company Guidance
Gross Margin Expansion and Convergence
IFRS gross margin expanded to 20.4% (from 4.9% YoY), closely aligning with non-IFRS gross margin of 20.5%; margin improvement driven by completed voluntary battery upgrade program and production absorption.
Positive Operating Cash Flow and Improved Liquidity
Generated $3.1 million in positive operating cash flow in Q1, reversing prior-year outflow (management cited ~$8.9M outflow last year) and reflecting roughly a $12M year-over-year improvement per management; ended quarter with $77.3 million in cash.
Adjusted EBITDA Growth
Adjusted EBITDA of $16.3 million in Q1, an increase of $2.0 million year-over-year driven by higher core gross profit and a $1.0 million reduction in cash operating expenses.
Subscriber and Recurring Revenue Strength
Battery swapping revenue grew 6.2% to $36.6 million and the subscriber base reached 670,000 users, up 4% year-over-year, supporting a sticky recurring revenue engine.
Unit Volume and Market Share Gains in Taiwan
Gogoro scooter sales increased 32.8% year-over-year to 6,216 units; Gogoro and Partners consolidated sales were 7,219 units, representing an ~80.6% share of Taiwan's electric 2-wheeler market; PBGN partner sales surged 80.7%.
Cost Reductions from Battery Initiative
Completion of the battery upgrade program reduced costs by $8.3 million year-over-year and lowered battery depreciation through extended battery lifespan/efficiency gains.
Product Wins and Early Demand Signals
EZZY 500 Disney collaboration drove >1,000 orders in the first month, expanded appeal to younger demographic (26–35) and increased volume across the EZZY 500 family; management expects fuller revenue impact as orders are fulfilled in Q2.
Strategic CapEx and Network Upgrades to Support Expansion
Allocated approximately $30 million CapEx for targeted network upgrades (GoStation Q and next-generation batteries); GoStation Q offers 1/3 footprint, standard 220V compatibility and faster charging to enable overseas rollouts.
Balance Sheet Support and Committed Funding
Secured a $16.7 million equity injection from largest shareholder Gold Sino (first tranche of a committed $80 million facility), strengthening capital flexibility to execute strategic priorities.
GGR 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
GGR Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 21, 2026 | $4.07 | $4.07 | 0.00% |
Feb 12, 2026 | $3.00 | $2.99 | -0.33% |
Nov 11, 2025 | $4.08 | $4.01 | -1.72% |
Aug 12, 2025 | $6.80 | $7.03 | +3.38% |
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 Gogoro (GGR) report earnings?
Gogoro (GGR) is schdueled to report earning on Aug 06, 2026, Before Open (Confirmed).
What is Gogoro (GGR) earnings time?
Gogoro (GGR) earnings time is at Aug 06, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
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What companies are reporting earnings today?
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What is GGR EPS forecast?
Currently, no data Available