Growth Metrics

EVgo (EVGO) Gross Margin (2020 - 2026)

EVgo has reported Gross Margin over the past 7 years, most recently at 11.83% for Q1 2026.

  • For Q1 2026, Gross Margin fell 55.0% year-over-year to 11.83%; the TTM value through Mar 2026 reached 20.18%, up 868.0%, while the annual FY2025 figure was 21.03%, 960.0% up from the prior year.
  • Gross Margin for Q1 2026 was 11.83% at EVgo, down from 37.97% in the prior quarter.
  • Over five years, Gross Margin peaked at 37.97% in Q4 2025 and troughed at 30.53% in Q3 2022.
  • A 5-year average of 6.19% and a median of 9.6% in 2024 define the central range for Gross Margin.
  • On a YoY basis, Gross Margin climbed as much as 11010bps in 2022 and fell as far as -378bps in 2022.
  • Year by year, Gross Margin stood at 4.03% in 2022, then surged by 276bps to 7.08% in 2023, then soared by 104bps to 14.46% in 2024, then surged by 163bps to 37.97% in 2025, then crashed by -69bps to 11.83% in 2026.
  • Business Quant data shows Gross Margin for EVGO at 11.83% in Q1 2026, 37.97% in Q4 2025, and 13.61% in Q3 2025.