EVgo (EVGO) Operating Margin (2020 - 2026)
EVgo (EVGO) posted Operating Margin of 48.58% for Q2 2026, down 46.39% on a QoQ basis from 33.18% in Q1 2026, and down 1715.0% year-over-year from 3.01% in Q2 2025.
Analysis
EVgo (EVGO) Operating Margin (2020 - 2026) Analysis & Trends
EVgo has reported Operating Margin for 7 years, with the latest figure at 48.58% in Q2 2026.
- On a quarterly basis, Operating Margin fell 1715.0% year-over-year to 48.58% in Q2 2026; TTM through Jun 2026 was 30.51%, a 1198.0% increase from a year earlier, with the FY2025 full-year figure at 28.81%, up 2242.0% from the prior year.
- Operating Margin was 48.58% for Q2 2026 at EVgo, down from 33.18% in the prior quarter.
- The five-year high for Operating Margin was 10.44% in Q4 2025, with the low at 408.26% in Q2 2022.
- Average Operating Margin over 5 years is 120.27%, with a median of 55.28% recorded in 2024.
- The largest YoY upside for Operating Margin was 172888 bps in 2022 against a maximum downside of 4119 bps in 2022.
- Over 5 years, Operating Margin stood at 155.62% in 2022, then surged by 48 bps to 81.64% in 2023, then jumped by 36 bps to 51.88% in 2024, then jumped by 80 bps to 10.44% in 2025, then sank by 365 bps to 48.58% in 2026.
- The last three Operating Margin figures came in at 48.58% (Q2 2026), 33.18% (Q1 2026), and 10.44% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Ads-Tec Energy Public | 698.64 Mn | 698.64 Mn | -18.95 Mn | -179.64% |
| 2 | NaaS Technology | 650.38 Mn | 645.67 Mn | - | - |
| 3 | Wallbox | 513.20 Mn | 502.32 Mn | - | - |
| 4 | EVgo | 474.92 Mn | 621.46 Mn | 7.34 Mn | -48.58% |
| 5 | ChargePoint Holdings | 266.09 Mn | 170.36 Mn | 42.30 Mn | -29.34% |
| 6 | Ozop Energy Solutions | 114.46 Mn | 113.41 Mn | - | - |
| 7 | Blink Charging | 84.83 Mn | 50.83 Mn | 8.44 Mn | -28.72% |
| 8 | Pioneer Power Solutions | 32.07 Mn | 21.40 Mn | - | - |
| 9 | Beam Global | 31.40 Mn | 30.37 Mn | 1.53 Mn | -34.99% |
| 10 | Xchg | 22.08 Mn | -11,385.36 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -48.58% |
| Mar 31, 2026 | -33.18% |
| Dec 31, 2025 | -10.44% |
| Sep 30, 2025 | -36.93% |
| Jun 30, 2025 | -31.43% |
| Mar 31, 2025 | -44.36% |
| Dec 31, 2024 | -51.88% |
| Sep 30, 2024 | -47.07% |
| Jun 30, 2024 | -48.62% |
| Mar 31, 2024 | -58.69% |
| Dec 31, 2023 | -81.64% |
| Sep 30, 2023 | -103.60% |
| Jun 30, 2023 | -66.44% |
| Mar 31, 2023 | -168.51% |
| Dec 31, 2022 | -155.62% |
| Sep 30, 2022 | -381.06% |
| Jun 30, 2022 | -408.26% |
| Mar 31, 2022 | -388.51% |
| Dec 31, 2021 | -1,884.50% |
| Sep 30, 2021 | -419.50% |