EVgo (EVGO) Gross Margin (2020 - 2026)

EVgo's Gross Margin history runs 7 years deep, the most recent figure standing at 11.83% for Q1 2026.

• On a quarterly basis, Gross Margin fell 55.0% year-over-year to 11.83% in Q1 2026; TTM through Mar 2026 was 20.18%, a 868.0% increase from a year earlier, with the FY2025 full-year figure at 21.03%, up 960.0% from the prior year.
• Gross Margin declined to 11.83% in Q1 2026 per EVGO's latest filing, from 37.97% in the prior quarter.
• Across five years, Gross Margin topped out at 37.97% in Q4 2025 and bottomed at 30.53% in Q3 2022.
• The 5-year median for Gross Margin is 9.6% (2024), against an average of 6.19%.
• Biggest YoY gain for Gross Margin was 11010 bps in 2022; the steepest drop was 378 bps in 2022.
• Year by year, Gross Margin stood at 4.03% in 2022, then soared by 276 bps to 7.08% in 2023, then jumped by 104 bps to 14.46% in 2024, then soared by 163 bps to 37.97% in 2025, then tumbled by 69 bps to 11.83% in 2026.
• Per Business Quant, the three latest EVGO Gross Margin figures stand at 11.83% (Q1 2026), 37.97% (Q4 2025), and 13.61% (Q3 2025).