EVgo Q2 revenue falls 16% to $82.6 million as net loss widens to $46.3 million
EVgo reported second-quarter 2026 results on August 5, 2026. Total revenue fell 16% year-over-year to $82.6 million, while the net loss widened to $46.3 million from $29.8 million, although charging network revenue rose 19% to $61.4 million. The company also updated its full-year 2026 guidance, which now calls for total revenue of $400 million to $430 million and adjusted EBITDA of negative $25 million to negative $5 million.
Key points
- Q2 2026 total revenue of $82.6 million, down 16% from $98.0 million, as non-charging network revenue fell 54% to $21.2 million
- Q2 2026 net loss of $46.3 million versus $29.8 million a year earlier; gross margin fell to 8.9% from 14.2%
- Charging network revenue rose 19% to $61.4 million; stalls in operation reached 5,380, up 24%
- Updated 2026 guidance: total revenue of $400 million to $430 million and adjusted EBITDA of negative $25 million to negative $5 million
The filing
Written by AI on Nov 9, 2026, 11:43 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 05, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.