What is EVgo's operating income?

EVgo's total operating income in 2025 was -$110.66 million, based on the following breakdown: Total Gross Profit: $80.78 million Total Operating Expenses: $191.44 million

EVgo (EVGOW) Financials

$0.0077 0.00 (-13.45%)

As of 06/3/2026 02:19 PM Eastern

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Annual Income Statements for EVgo

This table shows EVgo's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2020	2021	2022	2023	2024	2025
Period end date	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Income / (Loss) Attributable to Common Shareholders	0.00	-5.91	-28	-42	-44	-42
Consolidated Net Income / (Loss)	-48	-58	-106	-135	-127	-95
Net Income / (Loss) Continuing Operations	-48	-58	-106	-135	-127	-95
Total Pre-Tax Income	-48	-58	-106	-135	-129	-101
Total Operating Income	-58	-90	-150	-153	-132	-111
Total Gross Profit	-9.60	-6.83	-5.65	9.71	29	81
Total Revenue	13	22	55	161	257	384
Operating Revenue	13	22	55	161	257	384
Total Cost of Revenue	23	29	60	151	227	303
Operating Cost of Revenue	23	29	60	151	227	303
Total Operating Expenses	49	83	144	163	161	191
Selling, General & Admin Expense	34	71	127	143	141	177
Depreciation Expense	9.44	12	17	20	20	15
Total Other Income / (Expense), net	11	32	43	18	2.59	10
Interest Expense	1.41	1.93	0.02	-	0.07	6.15
Interest & Investment Income	0.00	0.07	4.48	9.75	7.56	6.97
Other Income / (Expense), net	12	34	39	8.23	-4.91	9.27
Income Tax Expense	-	0.00	0.02	0.04	-2.28	-5.13
Net Income / (Loss) Attributable to Noncontrolling Interest	-48	-52	-79	-93	-82	-54
Basic Earnings per Share	$0.00	($0.09)	($0.40)	($0.46)	($0.41)	($0.31)
Weighted Average Basic Shares Outstanding	0.00	264.54M	267.43M	301.52M	306.32M	313.08M
Diluted Earnings per Share	$0.00	($0.09)	($0.40)	($0.46)	($0.41)	($0.31)
Weighted Average Diluted Shares Outstanding	0.00	264.54M	267.43M	301.52M	306.32M	313.08M
Weighted Average Basic & Diluted Shares Outstanding	-	264.54M	267.43M	301.52M	306.32M	313.08M

This table shows EVgo's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
Net Income / (Loss) Attributable to Common Shareholders	-9.72	-13	-9.83	-10	-12	-12	-11	-13	-12	-4.83	-16
Consolidated Net Income / (Loss)	-28	-37	-28	-30	-33	-36	-26	-30	-28	-11	-37
Net Income / (Loss) Continuing Operations	-28	-37	-28	-30	-33	-36	-26	-30	-28	-11	-37
Total Pre-Tax Income	-28	-37	-28	-30	-33	-38	-26	-30	-34	-11	-37
Total Operating Income	-36	-41	-32	-32	-32	-35	-33	-31	-34	-12	-36
Total Gross Profit	0.60	3.54	6.84	6.40	6.37	9.76	9.32	14	13	45	13
Total Revenue	35	50	55	67	68	68	75	98	92	118	110
Operating Revenue	35	50	55	67	68	68	75	98	92	118	110
Total Cost of Revenue	35	46	48	60	61	58	66	84	80	73	97
Operating Cost of Revenue	35	46	48	60	61	58	66	84	80	73	97
Total Operating Expenses	37	44	39	39	38	45	43	45	47	57	49
Selling, General & Admin Expense	32	39	34	34	33	40	39	41	43	54	46
Depreciation Expense	4.98	5.56	4.99	4.96	5.04	4.82	4.10	4.12	3.24	3.11	3.30
Total Other Income / (Expense), net	8.12	4.23	4.19	2.83	-1.48	-2.96	7.26	0.99	0.51	1.33	-0.62
Interest Expense	-	-	0.00	0.00	0.00	-	0.52	0.91	1.91	2.82	2.97
Interest & Investment Income	2.90	2.66	2.27	2.06	1.81	1.34	1.69	1.72	1.84	1.72	1.38
Other Income / (Expense), net	5.22	1.57	1.92	0.77	-3.29	-4.31	6.09	0.19	0.57	2.42	0.97
Income Tax Expense	0.00	-	0.01	0.06	0.03	-2.38	0.09	0.00	-5.22	-0.01	0.01
Net Income / (Loss) Attributable to Noncontrolling Interest	-19	-24	-18	-19	-22	-23	-15	-17	-16	-6.21	-21
Basic Earnings per Share	($0.09)	($0.11)	($0.09)	($0.10)	($0.11)	($0.11)	($0.09)	($0.10)	($0.09)	($0.03)	($0.12)
Weighted Average Basic Shares Outstanding	299.35M	301.52M	302.03M	302.63M	303.15M	306.32M	306.97M	307.49M	307.98M	313.08M	313.86M
Diluted Earnings per Share	($0.09)	($0.11)	($0.09)	($0.10)	($0.11)	($0.11)	($0.09)	($0.10)	($0.09)	($0.03)	($0.12)
Weighted Average Diluted Shares Outstanding	299.35M	301.52M	302.03M	302.63M	303.15M	306.32M	306.97M	307.49M	307.98M	313.08M	313.86M
Weighted Average Basic & Diluted Shares Outstanding	299.35M	301.52M	302.03M	302.63M	303.15M	306.32M	306.97M	307.49M	307.98M	313.08M	313.86M

This table details how cash moves in and out of EVgo's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2020	2021	2022	2023	2024	2025
Period end date	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Change in Cash & Equivalents	7.66	477	-239	-37	-89	90
Net Cash From Operating Activities	-20	-30	-59	-37	-7.26	-7.73
Net Cash From Continuing Operating Activities	-20	-30	-59	-37	-7.26	-7.73
Net Income / (Loss) Continuing Operations	-48	-58	-106	-135	-127	-95
Consolidated Net Income / (Loss)	-48	-58	-106	-135	-127	-95
Depreciation Expense	19	24	36	52	66	74
Amortization Expense	-	-	-	-	0.07	3.94
Non-Cash Adjustments To Reconcile Net Income	7.37	-15	0.74	35	35	36
Changes in Operating Assets and Liabilities, net	1.68	20	11	12	19	-26
Net Cash From Investing Activities	-19	-88	-200	-143	-94	-117
Net Cash From Continuing Investing Activities	-19	-88	-200	-143	-94	-117
Purchase of Property, Plant & Equipment	-19	-65	-200	-159	-95	-117
Other Investing Activities, net	-	0.00	0.71	16	0.32	0.02
Net Cash From Financing Activities	47	595	20	143	13	215
Net Cash From Continuing Financing Activities	47	595	20	143	13	215
Repayment of Debt	0.00	-5.50	0.00	-0.29	-11	-10
Issuance of Debt	38	24	-	-	0.00	201
Issuance of Common Equity	5.32	0.00	11	134	6.65	9.56
Other Financing Activities, net	4.01	576	10	14	17	14
Cash Interest Paid	-	-	-	-	0.00	2.18
Cash Income Taxes Paid	-	-	-	-	0.11	0.10

This table details how cash moves in and out of EVgo's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
Net Change in Cash & Equivalents	-29	-20	-34	-13	-9.33	-33	50	13	18	9.61	-61
Net Cash From Operating Activities	-7.26	-7.27	-14	7.56	12	-13	-10	14	-23	11	-35
Net Cash From Continuing Operating Activities	-7.26	-7.27	-14	7.56	12	-13	-10	14	-23	11	-35
Net Income / (Loss) Continuing Operations	-28	-37	-28	-30	-33	-36	-26	-30	-28	-11	-37
Consolidated Net Income / (Loss)	-28	-37	-28	-30	-33	-36	-26	-30	-28	-11	-37
Depreciation Expense	14	15	15	16	17	18	20	18	17	18	20
Amortization Expense	-	-	0.00	-	-	-	0.51	0.89	1.20	1.33	1.63
Non-Cash Adjustments To Reconcile Net Income	3.43	11	5.52	7.38	9.43	12	1.20	7.75	11	17	3.31
Changes in Operating Assets and Liabilities, net	3.97	3.04	-6.75	14	19	-7.45	-5.78	17	-23	-14	-23
Net Cash From Investing Activities	-24	-19	-21	-24	-26	-24	-15	-26	-26	-49	-31
Net Cash From Continuing Investing Activities	-24	-19	-21	-24	-26	-24	-15	-26	-26	-49	-31
Purchase of Property, Plant & Equipment	-24	-35	-21	-24	-26	-24	-15	-26	-26	-49	-31
Other Investing Activities, net	0.08	15	0.05	0.10	0.08	0.08	0.02	0.00	-	-	0.01
Net Cash From Financing Activities	2.48	7.18	1.49	3.75	4.32	3.54	75	25	67	48	5.18
Net Cash From Continuing Financing Activities	2.48	7.18	1.49	3.75	4.32	3.54	75	25	67	48	5.18
Repayment of Debt	-	-0.29	-0.20	-0.71	-1.42	-8.67	-1.35	-1.16	-7.14	-0.43	-0.39
Issuance of Debt	-	-	0.00	-	-	-	75	19	59	47	3.37
Other Financing Activities, net	2.82	7.35	1.68	4.46	5.74	5.56	1.34	7.18	4.96	0.79	2.21
Cash Interest Paid	-	-	-	-	-	-	0.00	-	-	1.48	1.34
Cash Income Taxes Paid	-	-	-	-	-	-	0.00	-	-	-	0.03

This table presents EVgo's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2020	2021	2022	2023	2024	2025
Period end date	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Total Assets	182	746	730	807	804	965
Total Current Assets	20	506	275	267	205	296
Cash & Equivalents	7.91	485	246	209	117	151
Restricted Cash	-	-	-	0.47	3.24	50
Accounts Receivable	5.42	14	19	44	64	58
Prepaid Expenses	4.60	6.40	10	14	21	38
Plant, Property, & Equipment, net	71	133	308	389	415	461
Total Noncurrent Assets	91	107	146	150	183	208
Goodwill	22	31	31	31	31	31
Intangible Assets	68	72	61	49	39	32
Other Noncurrent Operating Assets	0.84	3.42	54	70	114	144
Total Liabilities & Shareholders' Equity	182	746	730	807	804	965
Total Liabilities	93	158	213	266	360	579
Total Current Liabilities	64	47	87	89	111	135
Short-Term Debt	39	-	-	-	0.00	2.15
Accounts Payable	3.13	2.95	9.13	10	13	7.58
Accrued Expenses	11	27	39	41	43	60
Current Deferred Revenue	1.65	5.14	16	32	46	55
Other Current Liabilities	1.03	0.11	5.09	6.32	9.17	11
Total Noncurrent Liabilities	29	112	125	177	249	444
Long-Term Debt	-	-	-	-	0.00	204
Asset Retirement Reserve & Litigation Obligation	8.80	13	15	18	24	31
Noncurrent Deferred Revenue	2.73	22	24	55	70	48
Other Noncurrent Operating Liabilities	18	77	86	104	154	161
Commitments & Contingencies	-	0.00	0.00	0.00	0.00	0.00
Redeemable Noncontrolling Interest	0.00	1,946	875	701	700	503
Total Equity & Noncontrolling Interests	89	-1,358	-358	-161	-256	-117
Total Preferred & Common Equity	89	-1,358	-358	-161	-256	-117
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	89	-1,358	-358	-161	-256	-117
Common Stock	137	0.03	18	88	0.03	7.78
Retained Earnings	-48	-1,358	-376	-249	-256	-125

This table presents EVgo's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024	Q1 2025	Q2 2025	Q3 2025	Q1 2026
Period end date	9/30/2022	3/31/2023	6/30/2023	9/30/2023	3/31/2024	6/30/2024	9/30/2024	3/31/2025	6/30/2025	9/30/2025	3/31/2026
Total Assets	729	730	823	817	788	785	792	856	865	932	920
Total Current Assets	323	217	297	278	239	225	224	251	252	285	239
Cash & Equivalents	-	164	-	229	176	163	153	150	154	181	122
Restricted Cash	301	-	257	-	-	-	-	15	22	12	15
Accounts Receivable	16	39	34	39	47	48	51	62	48	54	53
Prepaid Expenses	4.80	4.08	2.78	11	16	15	19	24	27	37	49
Plant, Property, & Equipment, net	264	367	384	398	394	403	408	414	416	435	452
Total Noncurrent Assets	142	146	142	141	155	156	160	191	197	212	229
Goodwill	31	31	31	31	31	31	31	31	31	31	31
Intangible Assets	64	58	55	52	46	44	41	37	35	34	31
Other Noncurrent Operating Assets	47	57	56	58	77	82	88	123	131	147	166
Total Liabilities & Shareholders' Equity	729	730	823	817	788	785	792	856	865	932	920
Total Liabilities	213	256	233	249	270	292	326	433	464	543	568
Total Current Liabilities	74	102	81	92	82	90	102	111	118	133	116
Short-Term Debt	-	-	-	-	-	-	-	-	-	1.62	2.85
Accounts Payable	3.69	19	6.45	18	10	16	13	16	9.83	16	14
Accrued Expenses	46	40	41	38	35	39	40	35	53	58	40
Current Deferred Revenue	9.48	25	17	20	30	29	32	51	46	44	48
Other Current Liabilities	5.31	6.01	5.86	5.78	6.67	6.58	18	9.50	9.05	13	11
Total Noncurrent Liabilities	139	153	151	157	189	202	224	322	346	409	452
Long-Term Debt	-	-	-	-	-	-	-	76	97	156	209
Asset Retirement Reserve & Litigation Obligation	16	17	18	19	19	20	20	25	26	26	32
Noncurrent Deferred Revenue	21	37	42	46	59	64	71	70	71	70	46
Other Noncurrent Operating Liabilities	101	99	91	91	111	118	133	150	153	157	165
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-	0.00
Redeemable Noncontrolling Interest	1,549	1,525	783	662	491	480	811	460	631	817	314
Total Equity & Noncontrolling Interests	-1,033	-1,051	-193	-93	26	14	-345	-37	-230	-428	39
Total Preferred & Common Equity	-1,033	-1,051	-193	-93	26	14	-345	-37	-230	-428	39
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	-1,033	-1,051	-193	-93	26	14	-345	-37	-230	-428	39
Common Stock	0.03	0.03	0.03	143	93	91	0.03	5.38	0.03	0.03	11
Retained Earnings	-1,033	-1,051	-193	-236	-67	-77	-345	-42	-230	-428	27

This table displays calculated financial ratios and metrics derived from EVgo's official financial filings.

Metric	2020	2021	2022	2023	2024	2025
Period end date	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
DEI Shares Outstanding	-	-	-	-	-	307,982,733.00
DEI Adjusted Shares Outstanding	-	-	-	-	-	307,982,733.00
DEI Earnings Per Adjusted Shares Outstanding	-	-	-	-	-	-0.14
Growth Metrics	-	-	-	-	-	-
Profitability Metrics	-	-	-	-	-	-
Net Operating Profit after Tax (NOPAT)	-41	-63	-105	-107	-92	-77
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	66.87%	35.96%	-86.47%
Earnings before Interest and Taxes (EBIT)	-46	-56	-111	-145	-136	-101
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	-28	-32	-75	-93	-71	-23
Valuation Ratios	-	-	-	-	-	-
Leverage & Solvency	-	-	-	-	-	-
Liquidity Ratios	-	-	-	-	-	-
Cash Flow Metrics	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	0.00	-45	-273	-168	-84	-146
Efficiency Ratios	-	-	-	-	-	-
Capital & Investment Metrics	-	-	-	-	-	-
Invested Capital	121	103	271	331	323	392
Increase / (Decrease) in Invested Capital	0.00	-18	168	60	-8.01	69
Book Value per Share	$3.11	($5.13)	($1.35)	($0.54)	($0.84)	($0.38)
Tangible Book Value per Share	($0.02)	($5.53)	($1.70)	($0.80)	($1.08)	($0.59)
Total Capital	129	588	517	540	444	592
Total Debt	39	0.00	0.00	0.00	0.00	206
Total Long-Term Debt	0.00	0.00	0.00	0.00	0.00	204
Net Debt	31	-485	-246	-209	-121	5.97
Capital Expenditures (CapEx)	19	65	200	159	95	117
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-12	-25	-58	-31	-27	-37
Debt-free Net Working Capital (DFNWC)	-4.45	459	188	178	94	163
Net Working Capital (NWC)	-44	459	188	178	94	161
Net Nonoperating Expense (NNE)	6.88	-5.12	1.59	28	35	18
Net Nonoperating Obligations (NNO)	31	-485	-246	-209	-121	5.97
Total Depreciation and Amortization (D&A)	19	24	36	52	66	78
Earnings Adjustments	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.00	($0.09)	($0.40)	($0.46)	($0.41)	($0.31)
Adjusted Weighted Average Basic Shares Outstanding	0.00	68.02M	267.43M	301.52M	306.32M	313.08M
Adjusted Diluted Earnings per Share	$0.00	($0.09)	($0.40)	($0.46)	($0.41)	($0.31)
Adjusted Weighted Average Diluted Shares Outstanding	0.00	68.02M	267.43M	301.52M	306.32M	313.08M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	0.00	264.54M	267.43M	301.52M	306.32M	313.08M
Normalized Net Operating Profit after Tax (NOPAT)	-41	-63	-105	-107	-92	-77
Debt Service Ratios	-	-	-	-	-	-
Payout Ratios	-	-	-	-	-	-

This table displays calculated financial ratios and metrics derived from EVgo's official financial filings.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
DEI Shares Outstanding	-	-	-	-	-	-	-	-	-	307,982,733.00	313,083,533.00
DEI Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	307,982,733.00	313,083,533.00
DEI Earnings Per Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	-0.02	-0.05
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	234.07%	83.11%	118.02%	31.78%	92.37%	35.04%	36.49%	47.15%	36.67%	-	45.48%
EBITDA Growth	59.01%	-181.10%	62.18%	-33.30%	-5.28%	10.39%	55.32%	27.32%	18.10%	-	-105.53%
EBIT Growth	40.71%	-104.36%	40.37%	-33.40%	-12.58%	-0.21%	10.31%	3.13%	4.45%	-	-29.53%
NOPAT Growth	9.17%	3.94%	24.07%	3.57%	12.60%	14.19%	-3.18%	4.86%	-7.22%	-	-8.82%
Net Income Growth	44.51%	-114.61%	42.56%	-37.47%	-17.81%	2.68%	6.97%	-0.71%	14.82%	-	-41.00%
EPS Growth	52.63%	-83.33%	50.00%	-25.00%	-22.22%	0.00%	0.00%	0.00%	18.18%	-	-33.33%
Operating Cash Flow Growth	61.74%	-399.25%	27.20%	337.46%	266.77%	-76.40%	27.24%	86.46%	-288.65%	-	-245.19%
Free Cash Flow Firm Growth	-10.42%	55.03%	78.22%	88.78%	103.40%	81.43%	69.78%	43.23%	-1,374.06%	-	-626.88%
Invested Capital Growth	57.65%	22.25%	9.92%	-0.87%	-8.05%	-2.42%	-2.11%	-3.13%	13.14%	-	27.53%
Revenue Q/Q Growth	-30.55%	42.40%	10.33%	20.78%	1.38%	-0.03%	11.51%	30.21%	-5.85%	-	-7.55%
EBITDA Q/Q Growth	-50.93%	-37.08%	37.24%	-2.65%	-19.21%	-16.67%	68.71%	-67.01%	-34.32%	-	-242.70%
EBIT Q/Q Growth	-31.45%	-25.98%	22.41%	-3.82%	-10.93%	-12.14%	30.56%	-12.13%	-9.42%	-	-255.82%
NOPAT Q/Q Growth	-8.29%	-12.22%	20.69%	-0.05%	1.85%	-10.18%	4.64%	7.75%	-10.62%	-	-193.90%
Net Income Q/Q Growth	-31.19%	-29.49%	22.95%	-5.03%	-12.43%	-6.96%	26.35%	-13.70%	4.91%	-	-235.15%
EPS Q/Q Growth	-12.50%	-22.22%	18.18%	-11.11%	-10.00%	0.00%	18.18%	-11.11%	10.00%	-	-300.00%
Operating Cash Flow Q/Q Growth	-128.03%	-0.25%	-93.59%	153.66%	60.15%	-206.03%	20.15%	237.51%	-262.03%	-	-414.19%
Free Cash Flow Firm Q/Q Growth	15.06%	40.63%	39.81%	63.03%	125.76%	-424.06%	2.08%	30.55%	-478.07%	-	-51.95%
Invested Capital Q/Q Growth	1.88%	-2.50%	3.13%	-3.23%	-5.50%	3.47%	3.46%	-4.24%	10.36%	-	8.82%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	1.72%	7.08%	12.40%	9.60%	9.43%	14.46%	12.38%	14.19%	13.61%	-	11.83%
EBITDA Margin	-50.02%	-48.15%	-27.39%	-23.28%	-27.38%	-31.95%	-8.97%	-11.50%	-16.41%	-	-12.67%
Operating Margin	-103.60%	-81.64%	-58.69%	-48.62%	-47.07%	-51.88%	-44.36%	-31.43%	-36.93%	-	-33.18%
EBIT Margin	-88.74%	-78.51%	-55.21%	-47.46%	-51.93%	-58.26%	-36.28%	-31.24%	-36.31%	-	-32.30%
Profit (Net Income) Margin	-80.49%	-73.19%	-51.11%	-44.45%	-49.29%	-52.74%	-34.84%	-30.42%	-30.72%	-	-33.76%
Tax Burden Percent	100.00%	100.00%	100.05%	100.19%	100.08%	93.74%	100.35%	100.01%	84.46%	-	100.03%
Interest Burden Percent	90.70%	93.23%	92.54%	93.47%	94.84%	96.58%	95.69%	97.36%	100.19%	-	104.49%
Effective Tax Rate	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-	0.00%
Return on Invested Capital (ROIC)	-36.12%	-30.55%	-24.03%	-21.20%	-24.18%	-28.50%	-25.45%	-20.85%	-25.87%	-	-25.54%
ROIC Less NNEP Spread (ROIC-NNEP)	-35.06%	-27.03%	-20.77%	-17.90%	-18.41%	-21.77%	-23.29%	-14.06%	-21.11%	-	131.39%
Return on Net Nonoperating Assets (RNNOA)	17.11%	11.64%	7.10%	6.93%	6.80%	7.29%	6.54%	3.82%	4.67%	-	-2.49%
Return on Equity (ROE)	-19.01%	-18.91%	-16.93%	-14.27%	-17.38%	-21.21%	-18.90%	-17.03%	-21.19%	-	-28.03%
Cash Return on Invested Capital (CROIC)	-83.85%	-55.69%	-40.17%	-29.05%	-21.10%	-25.70%	-25.33%	-25.01%	-40.36%	-	-45.10%
Operating Return on Assets (OROA)	-15.87%	-16.45%	-13.89%	-12.21%	-15.45%	-18.58%	-12.23%	-11.68%	-14.04%	-	-15.21%
Return on Assets (ROA)	-14.39%	-15.33%	-12.86%	-11.43%	-14.66%	-16.82%	-11.74%	-11.37%	-11.88%	-	-15.90%
Return on Common Equity (ROCE)	19.73%	9.28%	17.51%	2.36%	7.36%	8.98%	0.22%	4.12%	19.16%	-	-0.07%
Return on Equity Simple (ROE_SIMPLE)	124.16%	0.00%	-446.26%	-902.16%	37.03%	0.00%	339.19%	0.00%	0.00%	-	0.00%
Net Operating Profit after Tax (NOPAT)	-25	-29	-23	-23	-22	-25	-23	-22	-24	-8.66	-25
NOPAT Margin	-72.52%	-57.15%	-41.08%	-34.03%	-32.95%	-36.31%	-31.05%	-22.00%	-25.85%	-	-23.23%
Net Nonoperating Expense Percent (NNEP)	-1.06%	-3.52%	-3.26%	-3.31%	-5.78%	-6.73%	-2.16%	-6.79%	-4.75%	-	-156.93%
Return On Investment Capital (ROIC_SIMPLE)	-	17.79%	-88.25%	-	-	9.57%	-59.16%	16.14%	8.82%	-9.66%	-10.17%
Cost of Revenue to Revenue	98.28%	92.92%	87.60%	90.40%	90.57%	85.54%	87.62%	85.81%	86.39%	-	88.17%
SG&A Expenses to Revenue	91.15%	77.59%	62.05%	50.78%	49.03%	59.19%	51.31%	41.41%	47.02%	-	42.00%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-	0.00%
Operating Expenses to Revenue	105.32%	88.72%	71.09%	58.22%	56.50%	66.33%	56.75%	45.62%	50.54%	-	45.01%
Earnings before Interest and Taxes (EBIT)	-31	-39	-30	-32	-35	-39	-27	-31	-34	-9.94	-35
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	-18	-24	-15	-16	-18	-22	-6.75	-11	-15	9.72	-14
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.00	0.00	29.48	54.43	0.00	0.00	0.00	0.00	0.00	-	13.90
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-	0.00
Price to Revenue (P/Rev)	7.31	6.66	3.97	3.58	5.24	4.78	2.94	3.63	4.37	-	1.29
Price to Earnings (P/E)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-	0.00
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-	0.00%
Earnings Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-	0.00%
Enterprise Value to Invested Capital (EV/IC)	4.25	4.72	3.14	3.20	6.11	5.59	3.55	5.22	6.33	-	2.17
Enterprise Value to Revenue (EV/Rev)	10.45	9.71	5.62	5.11	7.98	7.04	4.28	5.42	6.71	-	2.21
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-	0.00
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-	0.00
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	536.72	0.00	-	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.00	0.00	0.00	0.00	0.00	0.00	0.18	0.24	0.41	-	0.60
Long-Term Debt to Equity	0.00	0.00	0.00	0.00	0.00	0.00	0.18	0.24	0.40	-	0.59
Financial Leverage	-0.49	-0.43	-0.34	-0.39	-0.37	-0.34	-0.28	-0.27	-0.22	-	-0.02
Leverage Ratio	1.43	1.45	1.53	1.48	1.56	1.64	1.75	1.85	2.02	-	2.29
Compound Leverage Factor	1.29	1.35	1.42	1.39	1.48	1.58	1.67	1.80	2.02	-	2.39
Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	15.28%	19.42%	28.83%	-	37.49%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.30%	-	0.50%
Long-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	15.28%	19.42%	28.53%	-	36.99%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-	0.00%
Noncontrolling Interests to Total Capital	116.43%	129.72%	95.04%	97.24%	174.03%	157.72%	92.08%	126.87%	149.45%	-	55.64%
Common Equity to Total Capital	-16.43%	-29.72%	4.96%	2.76%	-74.03%	-57.72%	-7.37%	-46.29%	-78.28%	-	6.87%
Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00	-1.21	-1.62	-2.75	-	-6.92
Net Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00	1.41	1.35	0.62	-	-2.41
Long-Term Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00	-1.21	-1.62	-2.72	-	-6.83
Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00	-0.82	-1.05	-1.69	-	-2.66
Net Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00	0.95	0.88	0.38	-	-0.93
Long-Term Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00	-0.82	-1.05	-1.67	-	-2.62
Altman Z-Score	2.35	2.29	1.91	1.72	2.04	1.90	1.47	1.50	1.40	-	1.10
Noncontrolling Interest Sharing Ratio	203.81%	149.05%	203.42%	116.52%	142.37%	142.34%	101.18%	124.23%	190.40%	-	99.75%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	3.02	2.99	2.93	2.50	2.19	1.84	2.27	2.14	2.13	-	2.07
Quick Ratio	2.90	2.83	2.73	2.34	2.00	1.62	1.91	1.71	1.76	-	1.52
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-150	-89	-53	-20	5.09	-17	-16	-11	-65	-77	-117
Operating Cash Flow to CapEx	-30.20%	-20.90%	-66.83%	31.23%	46.84%	-54.17%	-68.34%	53.78%	-87.29%	-	-115.68%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	-31.27	-12.35	-34.07	-	-39.57
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	-19.82	15.50	-11.98	-	-11.91
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	-48.82	-13.32	-25.71	-	-22.21
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.18	0.21	0.25	0.26	0.30	0.32	0.34	0.37	0.39	-	0.47
Accounts Receivable Turnover	5.09	5.09	4.44	5.07	5.32	4.77	5.06	6.42	6.34	-	7.27
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-	0.00
Fixed Asset Turnover	0.42	0.46	0.50	0.53	0.59	0.64	0.69	0.75	0.79	-	0.97
Accounts Payable Turnover	12.51	15.70	12.13	16.76	14.32	19.64	18.67	20.70	20.01	-	22.16
Days Sales Outstanding (DSO)	71.72	71.73	82.29	72.06	68.67	76.57	72.15	56.87	57.59	-	50.20
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-	0.00
Days Payable Outstanding (DPO)	29.18	23.24	30.08	21.78	25.49	18.59	19.55	17.63	18.24	-	16.47
Cash Conversion Cycle (CCC)	42.54	48.49	52.21	50.29	43.18	57.99	52.60	39.23	39.35	-	33.73
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	340	331	342	331	312	323	334	320	353	392	426
Invested Capital Turnover	0.50	0.53	0.59	0.62	0.73	0.78	0.82	0.95	1.00	-	1.10
Increase / (Decrease) in Invested Capital	124	60	31	-2.90	-27	-8.01	-7.22	-10	41	69	92
Enterprise Value (EV)	1,444	1,564	1,073	1,057	1,910	1,807	1,186	1,671	2,236	-	926
Market Capitalization	1,011	1,072	757	740	1,253	1,228	815	1,120	1,454	-	539
Book Value per Share	($0.31)	($0.54)	$0.09	$0.05	($1.14)	($0.84)	($0.12)	($0.75)	($1.39)	($0.38)	$0.12
Tangible Book Value per Share	($0.59)	($0.80)	($0.17)	($0.20)	($1.38)	($1.08)	($0.34)	($0.96)	($1.60)	($0.59)	($0.08)
Total Capital	568	540	517	493	466	444	499	497	547	592	564
Total Debt	0.00	0.00	0.00	0.00	0.00	0.00	76	97	158	206	212
Total Long-Term Debt	0.00	0.00	0.00	0.00	0.00	0.00	76	97	156	204	209
Net Debt	-229	-209	-176	-163	-153	-121	-88	-80	-36	5.97	74
Capital Expenditures (CapEx)	24	35	21	24	26	24	15	26	26	49	31
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-43	-31	-18	-27	-32	-27	-24	-43	-41	-37	-11
Debt-free Net Working Capital (DFNWC)	186	178	157	135	122	94	140	134	153	163	126
Net Working Capital (NWC)	186	178	157	135	122	94	140	134	151	161	124
Net Nonoperating Expense (NNE)	2.80	8.02	5.53	6.94	11	11	2.85	8.25	4.50	2.38	12
Net Nonoperating Obligations (NNO)	-229	-209	-176	-163	-153	-121	-88	-80	-36	5.97	74
Total Depreciation and Amortization (D&A)	14	15	15	16	17	18	21	19	18	20	22
Debt-free, Cash-free Net Working Capital to Revenue	-30.87%	-19.31%	-9.50%	-13.23%	-13.27%	-10.34%	-8.81%	-13.84%	-12.18%	-	-2.71%
Debt-free Net Working Capital to Revenue	134.55%	110.63%	82.49%	65.44%	50.83%	36.59%	50.69%	43.53%	45.90%	-	30.22%
Net Working Capital to Revenue	134.55%	110.63%	82.49%	65.44%	50.83%	36.59%	50.69%	43.53%	45.42%	-	29.54%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($0.09)	($0.11)	($0.09)	($0.10)	($0.11)	($0.11)	($0.09)	($0.10)	($0.09)	($0.03)	($0.12)
Adjusted Weighted Average Basic Shares Outstanding	299.35M	301.52M	302.03M	302.63M	303.15M	306.32M	306.97M	307.49M	307.98M	313.08M	313.86M
Adjusted Diluted Earnings per Share	($0.09)	($0.11)	($0.09)	($0.10)	($0.11)	($0.11)	($0.09)	($0.10)	($0.09)	($0.03)	($0.12)
Adjusted Weighted Average Diluted Shares Outstanding	299.35M	301.52M	302.03M	302.63M	303.15M	306.32M	306.97M	307.49M	307.98M	313.08M	313.86M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	299.35M	301.52M	302.03M	302.63M	303.15M	306.32M	306.97M	307.49M	307.98M	313.08M	313.86M
Normalized Net Operating Profit after Tax (NOPAT)	-25	-29	-23	-23	-22	-25	-23	-22	-24	-8.66	-25
Normalized NOPAT Margin	-72.52%	-57.15%	-41.08%	-34.03%	-32.95%	-36.31%	-31.05%	-22.00%	-25.85%	-	-23.23%
Pre Tax Income Margin	-80.49%	-73.19%	-51.09%	-44.36%	-49.26%	-56.27%	-34.72%	-30.42%	-36.38%	-	-33.75%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	-52.83	-33.69	-17.59	-	-11.92
NOPAT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	-45.22	-23.73	-12.52	-	-8.57
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	-81.83	-62.51	-31.32	-	-22.21
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	-74.22	-52.55	-26.25	-	-18.87
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-	0.00%
Augmented Payout Ratio	-4.82%	-3.67%	0.00%	-0.18%	0.09%	0.00%	0.00%	0.00%	0.00%	-	0.00%

Financials Breakdown Chart

Key Financial Trends

The following highlights summarize EVgo's quarterly financial statements across the last four years, focusing on notable trends and what they could mean for retail investors. Items are grouped with positives first, then neutral, then negatives.

Revenue ramp in 2025, with Q4 2025 operating revenue around $118.5 million, up from earlier 2025 quarters (e.g., ~$75–$99 million across Q1–Q3 2025), indicating a significant top-line acceleration.
Gross profit improved meaningfully in Q4 2025 to about $44.99 million, yielding a gross margin near 38%, suggesting better unit economics as the top line strengthens.
Net income per share shows improvement in Q4 2025 versus Q3 2025 (Basic/Diluted EPS around -$0.03 in Q4 2025 vs -$0.09 in Q3 2025), with net income attributable to common shareholders also improved to around -$4.83 million.
Financing activity provided liquidity in 2025, with net cash from financing activities around $47.7 million in Q4 2025 (and robust levels in prior quarters), contributing to overall liquidity support.
Operating cash flow remains negative in most periods, indicating ongoing cash burn to fund operations despite top-line growth.
Net income remains negative across quarters, reflecting ongoing losses even as revenue scales.
Redeemable noncontrolling interest is substantial, introducing a sizable liability component that pressures reported equity.
Negative equity persists, with total equity around -$428 million in 2025, signaling a fragile balance sheet despite recent revenue gains.
High leverage and sizable liabilities, including long-term debt near $156 million and total liabilities around $543 million in 2025, along with a large redeemable noncontrolling interest, increase financial risk if cash flows do not materially improve.

06/04/26 07:37 AM ETAI Generated. May Contain Errors.

EVgo Financials - Frequently Asked Questions

According to the most recent income statement we have on file, EVgo's fiscal year ends in December. Their fiscal year 2025 ended on December 31, 2025.

EVgo's net income appears to be on an upward trend, with a most recent value of -$95.44 million in 2025, rising from -$47.79 million in 2020. The previous period was -$126.70 million in 2024.

EVgo's total operating income in 2025 was -$110.66 million, based on the following breakdown:

Total Gross Profit: $80.78 million
Total Operating Expenses: $191.44 million

Over the last 5 years, EVgo's total revenue changed from $13.05 million in 2020 to $384.09 million in 2025, a change of 2,843.4%.

EVgo's total liabilities were at $578.89 million at the end of 2025, a 60.8% increase from 2024, and a 524.8% increase since 2020.

In the past 5 years, EVgo's cash and equivalents has ranged from $7.91 million in 2020 to $484.88 million in 2021, and is currently $151 million as of their latest financial filing in 2025.

Over the last 5 years, EVgo's book value per share changed from 3.11 in 2020 to -0.38 in 2025, a change of -112.2%.

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Financial statements for NASDAQ:EVGOW last updated on 5/29/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.

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EVgo (EVGOW) Financials

Financials Breakdown Chart

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EVgo Financials - Frequently Asked Questions

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EVgo (EVGOW) Financials

Annual Income Statements for EVgo

Quarterly Income Statements for EVgo

Annual Cash Flow Statements for EVgo

Quarterly Cash Flow Statements for EVgo

Annual Balance Sheets for EVgo

Quarterly Balance Sheets for EVgo

Annual Metrics And Ratios for EVgo

Quarterly Metrics And Ratios for EVgo

Financials Breakdown Chart

Key Financial Trends

EVgo Financials - Frequently Asked Questions

When does EVgo's financial year end?

How has EVgo's net income changed over the last 5 years?

What is EVgo's operating income?

How has EVgo's revenue changed over the last 5 years?

How much debt does EVgo have?

How much cash does EVgo have?

How has EVgo's book value per share changed over the last 5 years?

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