EVgo (EVGOW) Gross Margin (2020 - 2026)

EVgo (EVGOW) has reported Gross Margin for 7 consecutive years, with 11.83% the latest figure, recorded in Q1 2026.

• In Q1 2026, Gross Margin fell 55.0% year-over-year to 11.83%; the TTM figure through Mar 2026 stood at 20.18% (up 868.0% YoY), while the FY2025 annual figure was 21.03%, up 960.0% from the prior year.
• Gross Margin came in at 11.83% for Q1 2026 at EVgo, down from 37.97% in the prior quarter.
• The five-year high for Gross Margin was 37.97% in Q4 2025, with the low at 30.53% in Q3 2022.
• Average Gross Margin over 5 years is 6.19%, with a median of 9.6% recorded in 2024.
• The largest YoY upside for Gross Margin was 11010 bps in 2022 against a maximum downside of 378 bps in 2022.
• Year by year, Gross Margin stood at 4.03% in 2022, then soared by 276 bps to 7.08% in 2023, then jumped by 104 bps to 14.46% in 2024, then soared by 163 bps to 37.97% in 2025, then slumped by 69 bps to 11.83% in 2026.
• According to Business Quant data, Gross Margin over the past three periods registered 11.83%, 37.97%, and 13.61% for Q1 2026, Q4 2025, and Q3 2025 respectively.