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
DateValue
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