EVgo (EVGO) Cost of Revenue (2020 - 2026)

EVgo's Cost of Revenue history runs 7 years deep, the most recent figure standing at $96.6 million for Q1 2026.

• In Q1 2026, Cost of Revenue rose 373.4% year-over-year to $96.6 million; the TTM figure through Mar 2026 stood at $91.8 million (up 433.28% YoY), while the FY2025 annual figure was $111.3 million, up 31.92% from the prior year.
• Cost of Revenue was $96.6 million for Q1 2026 at EVgo, up from -$118.5 million in the prior quarter.
• In the past five years, Cost of Revenue ranged from a high of $96.6 million in Q1 2026 to a low of -$118.5 million in Q4 2025.
• Historically, Cost of Revenue has averaged $20.4 million across 5 years, with a median of $25.3 million in 2023.
• The sharpest annual moves came in 2023 and 2024: Cost of Revenue surged 687.25% in 2023, then tumbled 538.24% in 2024.
• A 5-year view of Cost of Revenue shows it stood at $41.1 million in 2022, then slumped by 52.66% to $19.5 million in 2023, then sank by 538.24% to -$85.4 million in 2024, then plunged by 38.89% to -$118.5 million in 2025, then surged by 181.46% to $96.6 million in 2026.
• The last three Cost of Revenue figures came in at $96.6 million (Q1 2026), -$118.5 million (Q4 2025), and $29.7 million (Q3 2025), per Business Quant data.