Electric vehicle fast-charging network operator serving retail, fleet, rideshare, and automaker charging partnerships across the United States.
Profile & Fundamentals
EVgo: Company identity, ownership, reported financial performance, balance sheets, and corporate actions.
Profile & Fundamentals
EVgo Profile & Fundamentals
Examine company identity, ownership, reported performance, valuation, balance-sheet resilience, dividends, buybacks, and material corporate events.
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Company and Market Context
Company Profile & Ownership
EVgo, Inc. owns and operates a direct current fast charging network for electric vehicles in the United States. It offers electricity directly to drivers; original equipment manufacturer charging and related services; and commercial charging. The company also provides ancillary services, such as customization of digital applications, charging data integration, access to chargers behind parking lot or garage pay gates, microtargeted advertising, and charging reservations; and hardware, design, and construction services for charging sites, as well as ongoing operations, maintenance, and networking and software integration solutions through eXtend. In addition, it offers PlugShare, such as data, research, and advertising services and equipment procurement and operational services. The company was founded in 2010 and is headquartered in El Segundo, California. EVgo, Inc. operates as a subsidiary of EVgo Holdings LLC.
Company profile record
Evgo Inc
Common Stock · Consumer Discretionary · Automotive Retail
Company
- Company / asset
- Evgo Inc
- Security type
- Common Stock
- Sector
- Consumer Discretionary
- Industry
- Automotive Retail
- HQ
- 🇺🇸 United States
- Head office
- 1661 East Franklin Avenue, El Segundo, CA, United States, 90245
Leadership & scale
- Chief executive
- Mr. Badar Khan
- CEO year born
- 1972
- Full-time employees
- 376
- Fiscal year end
- December
- IPO date
- 2020-11-20
Fundamentals snapshot
- Market Cap
- USD 185.3M
- P/E
- --
- Revenue (Q2 26)
- USD 82.6M
- Profit (Q2 26)
- USD -20.8M
- Dividend Yield
- --
- Revenue (FY 25)
- USD 384.1M
- Shares in public float
- 133.8M
- Insider ownership
- 5.62%
Reporting & identifiers
- Symbol
- EVGO.NASDAQ
- Listing
- 🇺🇸 United States | Dividend Tax: 30%
- Ticker Currency
- USD
- Income Statement Currency
- USD
- Balance Sheet Currency
- USD
- Cash Flow Currency
- USD
- EPS Currency
- USD
- Contract Type
- SPOT
- ISIN
- US30052F1003
- Asset ID
- equity_297d8cd4-4492-52d5-93d2-ffa7075c2176
Ownership
Shares Outstanding
Latest: 140.4M | Max: 140.4M | Min: 68.0M
Latest reported ownership snapshot
As of Oct 1, 2026Float Shares
95.33%
133.8M latest reported shares
Insider Ownership
5.62%
Latest reported insider stake
Short Float
0.30%
Latest reported short interest / float
Top Holders
Source tablesView ownership tables
Shares Outstanding
Annual reported shares outstanding; up to 10 reporting dates.
Scroll the table to see every column.
| Reporting date | Shares outstanding |
|---|---|
| 2019-01-01 | 68,736,800 |
| 2020-01-01 | 68,736,800 |
| 2021-01-01 | 68,015,000 |
| 2022-01-01 | 70,247,700 |
| 2023-01-01 | 102,874,000 |
| 2024-01-01 | 106,206,000 |
| 2025-01-01 | 134,591,000 |
| 2026-01-01 | 140,364,000 |
Top Holders
Available reported ownership records.
Scroll the table to see every column.
| Holder | Shares | Ownership | Reported date |
|---|---|---|---|
| BlackRock Inc | 10,813,805 | 7.63% | 2026-03-31 |
| Morgan Stanley - Brokerage Accounts | 9,178,776 | 6.48% | 2026-03-31 |
| State Street Corp | 6,290,949 | 4.44% | 2026-03-31 |
| Soros Fund Management LLC | 6,036,569 | 4.26% | 2026-03-31 |
| Vanguard Portfolio Management, LLC | 5,839,668 | 4.12% | 2026-03-31 |
| Vanguard Capital Management, LLC | 5,691,287 | 4.02% | 2026-03-31 |
| Amvescap Plc. | 4,375,636 | 3.09% | 2026-03-31 |
| SIR Capital Management, L.P. | 4,345,531 | 3.07% | 2026-03-31 |
| Vanguard MStar Total Stk Mkt Idx Invest | 4,207,994 | 2.97% | 2026-08-31 |
| Pictet Asset Manangement SA | 4,098,371 | 2.89% | 2026-06-30 |
| Invesco WilderHill Clean Energy ETF | 3,636,944 | 2.57% | 2026-08-31 |
| The Goldman Sachs Group Inc | 3,618,772 | 2.55% | 2026-03-31 |
| iShares Russell 2000 ETF | 3,470,801 | 2.45% | 2026-08-31 |
| Qube Research & Technologies | 3,259,089 | 2.3% | 2026-03-31 |
| Pictet-Clean Energy Transition I USD | 3,224,698 | 2.28% | 2026-07-31 |
Earnings, Profitability & Valuation
Earnings, Profitability & Valuation
Earnings & Revenue
Earnings and Revenue Trajectory
AI Review
The headline sales drop conceals an improving core business. Total revenue fell because low-margin construction contracts with automakers dropped over fifty percent as planned. Meanwhile, recurring electricity sales to drivers grew nineteen percent, continuing eighteen straight quarters of double-digit expansion. However, overall net losses remain heavy because corporate expenses and high equipment depreciation outweigh gross profits. While the quality of revenue is improving as the business focuses entirely on selling power, operating losses will persist until station utilization rises further across major metropolitan charging hubs.
The headline sales drop conceals an improving core business. Total revenue fell because low-margin construction contracts with automakers dropped over fifty percent as planned. Meanwhile, recurring electricity sales to drivers grew nineteen percent, continuing eighteen straight quarters of double-digit expansion. However, overall net losses remain heavy because corporate expenses and high equipment depreciation outweigh gross profits. While the quality of revenue is improving as the business focuses entirely on selling power, operating losses will persist until station utilization rises further across major metropolitan charging hubs.
Revenue, Net Income, and Free Cash Flow
Latest: USD 384.1M | Max: USD 384.1M | Min: USD -259.0M
Valuation
P/E Ratio (TTM)iPublished valuation snapshots use the earnings basis recorded with each observation. Source tables retain that basis.
Latest: --
No history available.
Profitability & Margins
Margins and Operating Efficiency
AI Review
Profit margins tell two completely different stories depending on where you look. Overall reported gross margin dropped to single digits due to the loss of profitable partner construction fees. Yet the direct gross margin on selling electricity stayed strong near thirty-nine percent. The main barrier to total company profitability is high fixed overhead, steep utility power demand charges during peak hours, and twenty-two million dollars in quarterly depreciation. Profit margins can only turn sustainably positive when stations dispense significantly more power every day to cover these fixed costs.
Profit margins tell two completely different stories depending on where you look. Overall reported gross margin dropped to single digits due to the loss of profitable partner construction fees. Yet the direct gross margin on selling electricity stayed strong near thirty-nine percent. The main barrier to total company profitability is high fixed overhead, steep utility power demand charges during peak hours, and twenty-two million dollars in quarterly depreciation. Profit margins can only turn sustainably positive when stations dispense significantly more power every day to cover these fixed costs.
Profitability Margins
Latest: 21.0% | Max: 100.0% | Min: <-100.0%
Latest Profitability Ratios as of 2025-12-31
Gross Margin
21.0%
Gross profit / revenue
Operating Margin
-28.8%
Operating income / revenue
Net Margin
-10.8%
Net income / revenue
FCF Margin
-32.4%
Free cash flow / revenue
Source tablesView earnings, profitability & valuation tables
Revenue, Net Income, and Free Cash Flow
Annual reported results, using the source statement's recorded USD conversion. Up to 10 reporting periods; missing values are not estimated.
Scroll the table to see every column.
| Period end | Revenue (USD) | Net income (USD) | Free cash flow (USD) |
|---|---|---|---|
| 2018-12-31 | 16,002,714 | -13,138,387 | -15,253,081 |
| 2019-12-31 | 17,522,164 | -24,750,965 | -29,965,142 |
| 2020-12-31 | 13,049,000 | -57,287,625 | -39,421,000 |
| 2021-12-31 | 21,652,000 | -8,439,000 | -94,606,000 |
| 2022-12-31 | 54,588,000 | -27,575,000 | -259,045,000 |
| 2023-12-31 | 160,953,000 | -42,427,000 | -195,951,000 |
| 2024-12-31 | 256,825,000 | -44,334,000 | -102,043,000 |
| 2025-12-31 | 384,086,000 | -41,574,000 | -124,435,000 |
Published P/E Ratio
Published valuation snapshots retain each observation's earnings basis.
No reported records are available in this preview.
Profitability Margins
Matching annual reporting dates. Values are percentages.
Scroll the table to see every column.
| Period end | Gross margin (%) | Operating margin (%) | Net margin (%) | Free cash flow margin (%) |
|---|---|---|---|---|
| 2018-12-31 | -57.81 | -165.62 | -82.1 | -95.32 |
| 2019-12-31 | -49.92 | -199.46 | -141.26 | -171.01 |
| 2020-12-31 | -73.55 | -447.83 | -439.02 | -302.1 |
| 2021-12-31 | 100 | 100 | -38.98 | -436.94 |
| 2022-12-31 | -10.35 | -273.88 | -50.51 | -474.55 |
| 2023-12-31 | 6.04 | -95.31 | -26.36 | -121.74 |
| 2024-12-31 | 11.43 | -51.23 | -17.26 | -39.73 |
| 2025-12-31 | 21.03 | -28.81 | -10.82 | -32.4 |
Public data excerpt created by iPulse AI and published by Future Edge Group FZE. Source: eodhd. Snapshot retrieved 2026-09-29.
Use is subject to the iPulse AI Terms of Service and applicable source rights. Missing inputs are not estimated. Full access includes the remaining records, research and interactive tools.
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