EVgo (EVGO) Gross Margin (2020 - 2026)
EVgo (EVGO) posted quarterly Gross Margin of 11.83% for Q1 2026, down 55.0% year-over-year from 26.29% in Q1 2025, and down 68.85% quarter-over-quarter from 37.97% in Q4 2025.
EVgo (EVGO) Gross Margin (2020 - 2026) Analysis & Trends
EVgo's Gross Margin history runs 7 years deep, the most recent figure standing at 11.83% for Q1 2026.
- In Q1 2026, Gross Margin fell 55.0% year-over-year to 11.83%; the TTM figure through Mar 2026 stood at 20.18% (up 868.0% YoY), while the FY2025 annual figure was 21.03%, up 960.0% from the prior year.
- Gross Margin for Q1 2026 stood at 11.83%, down from 37.97% in the prior quarter.
- The five-year high for Gross Margin was 37.97% in Q4 2025, with the low at 30.53% in Q3 2022.
- The 5-year median for Gross Margin is 9.6% (2024), against an average of 6.19%.
- Peak annual rise in Gross Margin reached 11010 bps in 2022, while the deepest fall reached 378 bps in 2022.
- EVgo's Gross Margin stood at 4.03% in 2022, then surged by 276 bps to 7.08% in 2023, then soared by 104 bps to 14.46% in 2024, then surged by 163 bps to 37.97% in 2025, then plunged by 69 bps to 11.83% in 2026.
- Business Quant data shows EVGO's Gross Margin at 11.83% in Q1 2026, 37.97% in Q4 2025, and 13.61% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Caseys General Stores | 30.70 Bn | 30.18 Bn | 1.08 Bn | 23.63% |
| 2 | Williams Sonoma | 28.62 Bn | 27.60 Bn | 1.10 Bn | 46.87% |
| 3 | Ulta Beauty | 22.58 Bn | 22.36 Bn | 1.27 Bn | 40.07% |
| 4 | Tractor Supply | 18.35 Bn | 18.12 Bn | 1.68 Bn | 37.05% |
| 5 | Best Buy | 18.03 Bn | 16.28 Bn | 2.10 Bn | 23.52% |
| 6 | Dick'S Sporting Goods | 15.93 Bn | 14.93 Bn | 1.68 Bn | 32.59% |
| 7 | Five Below | 13.08 Bn | 11.97 Bn | 478.64 Mn | 37.23% |
| 8 | Murphy USA | 10.51 Bn | 10.33 Bn | 746.50 Mn | 10.97% |
| 9 | Bath & Body Works | 4.08 Bn | 3.13 Bn | 1.24 Bn | 45.67% |
| 10 | EVgo | 205.28 Mn | 21.77 Mn | 7.34 Mn | 8.88% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 8.88% |
| Mar 31, 2026 | 11.83% |
| Dec 31, 2025 | 37.97% |
| Sep 30, 2025 | 13.61% |
| Jun 30, 2025 | 14.19% |
| Mar 31, 2025 | 12.38% |
| Dec 31, 2024 | 14.46% |
| Sep 30, 2024 | 9.43% |
| Jun 30, 2024 | 9.60% |
| Mar 31, 2024 | 12.40% |
| Dec 31, 2023 | 7.08% |
| Sep 30, 2023 | 1.72% |
| Jun 30, 2023 | 10.94% |
| Mar 31, 2023 | 0.16% |
| Dec 31, 2022 | -4.03% |
| Sep 30, 2022 | -30.53% |
| Jun 30, 2022 | -8.20% |
| Mar 31, 2022 | -7.79% |
| Dec 31, 2021 | -114.13% |
| Sep 30, 2021 | -26.74% |