Earnings ·
EVgo Inc. reported financial results for the second quarter ended June 30, 2026
EVGOWEVgo Inc.
EVgo Inc. reported financial results for the second quarter ended June 30, 2026. Charging network revenue increased 19% year-over-year to $61 million, while total revenue declined 16% to $82.6 million due to a significant drop in non-charging network revenues. The company reported a net loss of $46.3 million compared to $29.8 million in the prior year period. EVgo ended the quarter with 5,380 stalls in operation and signed an agreement with Tesla to deploy branded V4 Superchargers starting in 2026. Full-year 2026 revenue guidance was updated to a range of $400–$430 million. The company operates in the electric vehicle charging infrastructure industry, providing public fast-charging stations across the United States.