EVgo (EVGO) Net Margin (2020 - 2026)
EVgo's Net Margin was -25.13% in Q2 2026, down 11.95 percentage points from -13.19% a year earlier and down 10.14 percentage points from the prior quarter.
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Analysis
EVgo (EVGO) Net Margin (2020 - 2026) Analysis & Trends
On a trailing twelve-month basis, EVgo's Net Margin was -13.48% through Jun 30, 2026, up 2.15 percentage points year-over-year; for FY2025, it was -10.77%, up 6.38 percentage points from FY2024.
- Net Margin has now increased for three consecutive years, with a five-year change of +98.84 percentage points (FY2020 to FY2025).
- In earlier years, Net Margin was -17.15% in FY2024 (+9.01 pp), -26.15% in FY2023 (+168.47 pp), -194.62% in FY2022 (-168.31 pp) and -26.31% in FY2021 (+83.30 pp).
- The Q2 2026 figure marks the lowest quarterly Net Margin since Q3 2023.
- Compared with a year earlier, Net Margin was higher in seven of the last eight quarters, with an average year-over-year change of +3.52 percentage points.
- The best year-over-year quarter for Net Margin over five years was Q2 2022 (a gain of 588.73 percentage points); the worst was Q4 2021 (a drop of 595.73 percentage points).
- Per Business Quant data, EVGO's Net Margin in the three quarters before Q2 2026 was -14.99% (Q1 2026), -4.05% (Q4 2025) and -13.35% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 256.40 Bn | 217.48 Bn | 2.36 Bn | 6.02% |
| 2 | Bloom Energy | 85.45 Bn | 77.27 Bn | 355.57 Mn | 18.42% |
| 3 | First Solar | 19.01 Bn | 9.97 Bn | 605.00 Mn | 40.01% |
| 4 | BWX Technologies | 12.64 Bn | 10.94 Bn | 202.31 Mn | 9.87% |
| 5 | Generac Holdings | 12.53 Bn | 11.36 Bn | 521.81 Mn | 12.21% |
| 6 | Nextpower | 12.03 Bn | 7.92 Bn | 335.85 Mn | 17.68% |
| 7 | EnerSys | 6.62 Bn | 4.81 Bn | 313.36 Mn | 12.45% |
| 8 | Enphase Energy | 4.21 Bn | -653.40 Mn | 175.01 Mn | 12.36% |
| 9 | Mirion Technologies | 3.51 Bn | 1.39 Bn | 133.10 Mn | 2.89% |
| 10 | EVgo | 418.31 Mn | 171.77 Mn | 7.34 Mn | -25.13% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -25.13% |
| Mar 31, 2026 | -14.99% |
| Dec 31, 2025 | -4.05% |
| Sep 30, 2025 | -13.35% |
| Jun 30, 2025 | -13.19% |
| Mar 31, 2025 | -15.01% |
| Dec 31, 2024 | -18.27% |
| Sep 30, 2024 | -17.22% |
| Jun 30, 2024 | -15.47% |
| Mar 31, 2024 | -17.71% |
| Dec 31, 2023 | -25.04% |
| Sep 30, 2023 | -27.50% |
| Jun 30, 2023 | -13.78% |
| Mar 31, 2023 | -51.17% |
| Dec 31, 2022 | -62.44% |
| Sep 30, 2022 | -484.56% |
| Jun 30, 2022 | 49.35% |
| Mar 31, 2022 | -185.04% |
| Dec 31, 2021 | -167.30% |
| Sep 30, 2021 | 98.14% |
API Access
EVgo Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=EVGO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "EVGO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=EVGO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();