EVgo (EVGO) Operating Expenses (2020 - 2026)
EVgo (EVGO) recorded quarterly Operating Expenses of $49.3 million in Q1 2026, down 14.04% quarter-over-quarter from $57.4 million in Q4 2025, and up 15.4% on a YoY basis from $42.7 million in Q1 2025.
EVgo (EVGO) Operating Expenses (2020 - 2026) Analysis & Trends
EVgo's Operating Expenses history runs 7 years deep, the most recent figure standing at $49.3 million for Q1 2026.
- In Q1 2026, Operating Expenses rose 15.4% year-over-year to $49.3 million; the TTM figure through Mar 2026 stood at $198.0 million (up 20.41% YoY), while the FY2025 annual figure was $191.4 million, up 18.95% from the prior year.
- Operating Expenses was $49.3 million for Q1 2026 at EVgo, down from $57.4 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $57.4 million in Q4 2025 to a low of $29.3 million in Q1 2022.
- Historically, Operating Expenses has averaged $41.7 million across 5 years, with a median of $41.4 million in 2022.
- The sharpest annual moves came in 2022 and 2024: Operating Expenses soared 128.61% in 2022, then slipped 8.11% in 2024.
- A 5-year view of Operating Expenses shows it stood at $41.4 million in 2022, then climbed by 7.17% to $44.4 million in 2023, then advanced by 0.96% to $44.8 million in 2024, then advanced by 28.07% to $57.4 million in 2025, then dropped by 14.04% to $49.3 million in 2026.
- The last three Operating Expenses figures came in at $49.3 million (Q1 2026), $57.4 million (Q4 2025), and $46.6 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Caseys General Stores | 27.84 Bn | 27.38 Bn | 1.01 Bn | 697.64 Mn |
| 2 | Williams Sonoma | 24.59 Bn | 23.57 Bn | 1.10 Bn | 627.08 Mn |
| 3 | Ulta Beauty | 20.75 Bn | 20.25 Bn | 1.48 Bn | 1.01 Bn |
| 4 | Dick'S Sporting Goods | 17.81 Bn | 16.45 Bn | 1.77 Bn | 1.57 Bn |
| 5 | Tractor Supply | 15.90 Bn | 15.67 Bn | 1.30 Bn | 941.15 Mn |
| 6 | Best Buy | 15.61 Bn | 13.87 Bn | 2.10 Bn | 1.73 Bn |
| 7 | NaaS Technology | 14.72 Bn | 14.70 Bn | - | - |
| 8 | Five Below | 10.27 Bn | 9.34 Bn | 696.98 Mn | 337.11 Mn |
| 9 | Murphy USA | 10.20 Bn | 10.08 Bn | 3.98 Bn | 279.80 Mn |
| 10 | EVgo | 286.20 Mn | 462.38 Mn | 12.96 Mn | 49.30 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 49.30 Mn |
| Dec 31, 2025 | 57.35 Mn |
| Sep 30, 2025 | 46.64 Mn |
| Jun 30, 2025 | 44.72 Mn |
| Mar 31, 2025 | 42.72 Mn |
| Dec 31, 2024 | 44.78 Mn |
| Sep 30, 2024 | 38.16 Mn |
| Jun 30, 2024 | 38.79 Mn |
| Mar 31, 2024 | 39.21 Mn |
| Dec 31, 2023 | 44.36 Mn |
| Sep 30, 2023 | 36.98 Mn |
| Jun 30, 2023 | 39.12 Mn |
| Mar 31, 2023 | 42.67 Mn |
| Dec 31, 2022 | 41.39 Mn |
| Sep 30, 2022 | 36.84 Mn |
| Jun 30, 2022 | 36.31 Mn |
| Mar 31, 2022 | 29.32 Mn |
| Dec 31, 2021 | 28.33 Mn |
| Sep 30, 2021 | 24.28 Mn |
| Jun 30, 2021 | 15.88 Mn |