EVgo (EVGO) Cost of Revenue (2020 - 2026)
EVgo (EVGO) posted Cost of Revenue of $75.3 million for Q2 2026, down 22.02% on a QoQ basis from $96.6 million in Q1 2026, and down 10.48% year-over-year from $84.1 million in Q2 2025.
Analysis
EVgo (EVGO) Cost of Revenue (2020 - 2026) Analysis & Trends
EVgo has reported Cost of Revenue for 7 years, with the latest figure at $75.3 million in Q2 2026.
- On a quarterly basis, Cost of Revenue fell 10.48% year-over-year to $75.3 million in Q2 2026; TTM through Jun 2026 was $325.1 million, a 20.85% increase from a year earlier, with the FY2025 full-year figure at $303.3 million, up 33.35% from the prior year.
- Cost of Revenue was $75.3 million for Q2 2026 at EVgo, down from $96.6 million in the prior quarter.
- The five-year high for Cost of Revenue was $96.6 million in Q1 2026, with the low at $8.3 million in Q1 2022.
- Average Cost of Revenue over 5 years is $50.8 million, with a median of $53.0 million recorded in 2024.
- The sharpest annual moves came in 2023 and 2026: Cost of Revenue jumped 358.48% in 2023, then retreated 10.48% in 2026.
- Over 5 years, Cost of Revenue stood at $28.4 million in 2022, then surged by 63.56% to $46.5 million in 2023, then grew by 24.32% to $57.8 million in 2024, then rose by 27.24% to $73.5 million in 2025, then grew by 2.48% to $75.3 million in 2026.
- The last three Cost of Revenue figures came in at $75.3 million (Q2 2026), $96.6 million (Q1 2026), and $73.5 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Ads-Tec Energy Public | 701.06 Mn | 701.06 Mn | -18.95 Mn | 55,690.17 |
| 2 | NaaS Technology | 648.23 Mn | 643.52 Mn | - | - |
| 3 | Wallbox | 479.30 Mn | 468.42 Mn | - | - |
| 4 | EVgo | 478.06 Mn | 624.61 Mn | 7.34 Mn | 75.31 Mn |
| 5 | ChargePoint Holdings | 276.02 Mn | 180.29 Mn | 42.30 Mn | 73.77 Mn |
| 6 | Ozop Energy Solutions | 114.46 Mn | 113.41 Mn | - | - |
| 7 | Blink Charging | 86.27 Mn | 52.26 Mn | 8.44 Mn | 13.23 Mn |
| 8 | Pioneer Power Solutions | 38.95 Mn | 28.28 Mn | - | - |
| 9 | Beam Global | 29.39 Mn | 28.37 Mn | 1.53 Mn | 7.04 Mn |
| 10 | Xchg | 22.65 Mn | 13.80 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 75.31 Mn |
| Mar 31, 2026 | 96.57 Mn |
| Dec 31, 2025 | 73.48 Mn |
| Sep 30, 2025 | 79.74 Mn |
| Jun 30, 2025 | 84.12 Mn |
| Mar 31, 2025 | 65.96 Mn |
| Dec 31, 2024 | 57.75 Mn |
| Sep 30, 2024 | 61.17 Mn |
| Jun 30, 2024 | 60.22 Mn |
| Mar 31, 2024 | 48.32 Mn |
| Dec 31, 2023 | 46.45 Mn |
| Sep 30, 2023 | 34.50 Mn |
| Jun 30, 2023 | 45.02 Mn |
| Mar 31, 2023 | 25.26 Mn |
| Dec 31, 2022 | 28.40 Mn |
| Sep 30, 2022 | 13.72 Mn |
| Jun 30, 2022 | 9.82 Mn |
| Mar 31, 2022 | 8.30 Mn |
| Dec 31, 2021 | 8.95 Mn |
| Sep 30, 2021 | 7.83 Mn |