EVgo (EVGO) Operating Margin (2020 - 2026)
EVgo's Operating Margin came in at -48.58% for Q2 2026, down 17.15 percentage points from -31.43% a year earlier and down 15.39 percentage points from the prior quarter.
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Analysis
EVgo (EVGO) Operating Margin (2020 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, EVgo reported Operating Margin of -30.51%, up 11.98 percentage points year-over-year; for FY2025, it came in at -28.81%, up 22.42 percentage points from FY2024.
- Operating Margin has increased in each of the last five years, with a five-year change of +419.02 percentage points (FY2020 to FY2025).
- Going back by year, Operating Margin was -51.23% in FY2024 (+44.08 pp), -95.31% in FY2023 (+178.56 pp), -273.88% in FY2022 (+130.51 pp) and -404.39% in FY2021 (+43.44 pp).
- The Q2 2026 figure represents the lowest quarterly Operating Margin since Q4 2024.
- Year-over-year, Operating Margin increased in seven of the last eight quarters, with an average year-over-year change of +20.43 percentage points.
- The fastest year-over-year change in Operating Margin over five years came in Q2 2023 (a gain of 341.82 percentage points), and the weakest in Q3 2021 (a drop of 55.08 percentage points).
- Business Quant data shows EVGO's Operating Margin at -33.18% (Q1 2026), -10.44% (Q4 2025) and -36.93% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 220.43 Bn | 180.35 Bn | 2.36 Bn | 5.88% |
| 2 | Bloom Energy | 57.01 Bn | 46.91 Bn | 417.10 Mn | 18.24% |
| 3 | First Solar | 18.43 Bn | 9.38 Bn | 605.00 Mn | 42.64% |
| 4 | Nextpower | 11.72 Bn | 7.62 Bn | 335.85 Mn | 20.41% |
| 5 | BWX Technologies | 11.55 Bn | 9.85 Bn | 202.31 Mn | 12.66% |
| 6 | Generac Holdings | 10.93 Bn | 9.76 Bn | 521.81 Mn | 17.93% |
| 7 | EnerSys | 6.08 Bn | 4.28 Bn | 313.36 Mn | 16.18% |
| 8 | Enphase Energy | 4.20 Bn | -662.70 Mn | 175.01 Mn | 17.65% |
| 9 | Mirion Technologies | 3.64 Bn | 1.48 Bn | 133.10 Mn | 6.71% |
| 10 | EVgo | 142.49 Mn | -434.09 Mn | 7.34 Mn | -48.58% |
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 | -423.54% |
| Sep 30, 2021 | -419.50% |
API Access
EVgo Operating 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=operating-margin&ticker=EVGO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-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=operating-margin&ticker=EVGO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();