EVgo (EVGO) Operating Expenses (2020 - 2026)
EVgo (EVGO) posted Operating Expenses of $47.5 million for Q2 2026, down 3.68% on a QoQ basis from $49.3 million in Q1 2026, and up 6.19% year-over-year from $44.7 million in Q2 2025.
Analysis
EVgo (EVGO) Operating Expenses (2020 - 2026) Analysis & Trends
EVgo has reported Operating Expenses for 7 years, with the latest figure at $47.5 million in Q2 2026.
- On a quarterly basis, Operating Expenses rose 6.19% year-over-year to $47.5 million in Q2 2026; TTM through Jun 2026 was $200.8 million, a 17.85% increase from a year earlier, with the FY2025 full-year figure at $191.4 million, up 18.95% from the prior year.
- Operating Expenses was $47.5 million for Q2 2026 at EVgo, down from $49.3 million in the prior quarter.
- The five-year high for Operating Expenses was $57.4 million in Q4 2025, with the low at $29.3 million in Q1 2022.
- Average Operating Expenses over 5 years is $42.0 million, with a median of $42.0 million recorded in 2022.
- The sharpest annual moves came in 2022 and 2024: Operating Expenses jumped 128.61% in 2022, then dropped 8.11% in 2024.
- Over 5 years, Operating Expenses stood at $41.4 million in 2022, then grew by 7.17% to $44.4 million in 2023, then climbed by 0.96% to $44.8 million in 2024, then climbed by 28.07% to $57.4 million in 2025, then fell by 17.2% to $47.5 million in 2026.
- The last three Operating Expenses figures came in at $47.5 million (Q2 2026), $49.3 million (Q1 2026), and $57.4 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | NaaS Technology | 737.26 Mn | 725.91 Mn | - | - |
| 2 | Ads-Tec Energy Public | 664.89 Mn | 664.89 Mn | -18.95 Mn | -48,057.54 |
| 3 | Wallbox | 505.50 Mn | 494.35 Mn | - | - |
| 4 | ChargePoint Holdings | 234.80 Mn | 139.07 Mn | 42.30 Mn | 76.36 Mn |
| 5 | EVgo | 191.86 Mn | 8.35 Mn | 7.34 Mn | 47.49 Mn |
| 6 | Ozop Energy Solutions | 100.69 Mn | 100.42 Mn | - | - |
| 7 | Blink Charging | 79.36 Mn | 45.35 Mn | 8.44 Mn | 14.67 Mn |
| 8 | Pioneer Power Solutions | 35.29 Mn | 24.62 Mn | - | - |
| 9 | Beam Global | 30.43 Mn | 29.41 Mn | 1.53 Mn | - |
| 10 | Xchg | 11.05 Mn | -11,385.37 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 47.49 Mn |
| 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 |