EVgo (EVGO) Research & Development (2024 - 2025)
EVgo (EVGO) posted Research & Development of $10.1 million for Q3 2025, up 3.06% on a QoQ basis from $9.8 million in Q2 2025, and up 32.24% year-over-year from $7.6 million in Q3 2024.
Analysis
EVgo (EVGO) Research & Development (2024 - 2025) Analysis & Trends
EVgo has reported Research & Development for 2 years, with the latest figure at $10.1 million in Q3 2025.
- On a quarterly basis, Research & Development rose 32.24% year-over-year to $10.1 million in Q3 2025; TTM through Sep 2025 was $38.1 million, a N/A change from a year earlier, with the FY2024 full-year figure at $30.7 million, up 7.81% from the prior year.
- Research & Development was $10.1 million for Q3 2025 at EVgo, up from $9.8 million in the prior quarter.
- The five-year high for Research & Development was $10.1 million in Q3 2025, with the low at $7.1 million in Q1 2024.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | NaaS Technology | 734.99 Mn | 723.65 Mn | - | - |
| 2 | Ads-Tec Energy Public | 665.45 Mn | 665.45 Mn | -18.95 Mn | -9,880.40 |
| 3 | Wallbox | 488.56 Mn | 477.41 Mn | - | - |
| 4 | ChargePoint Holdings | 234.80 Mn | 139.07 Mn | 42.30 Mn | 32.41 Mn |
| 5 | EVgo | 186.93 Mn | 3.43 Mn | 7.34 Mn | - |
| 6 | Ozop Energy Solutions | 87.60 Mn | 87.33 Mn | - | - |
| 7 | Blink Charging | 77.90 Mn | 43.90 Mn | 8.44 Mn | - |
| 8 | Pioneer Power Solutions | 32.84 Mn | 22.18 Mn | - | - |
| 9 | Beam Global | 30.48 Mn | 29.45 Mn | 1.53 Mn | - |
| 10 | Xchg | 11.08 Mn | -11,385.37 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | 10.08 Mn |
| Jun 30, 2025 | 9.78 Mn |
| Mar 31, 2025 | 9.36 Mn |
| Dec 31, 2024 | 8.84 Mn |
| Sep 30, 2024 | 7.63 Mn |
| Jun 30, 2024 | 7.14 Mn |
| Mar 31, 2024 | 7.10 Mn |