EVgo (EVGOW) Research & Development (2024 - 2025)
EVgo (EVGOW) posted quarterly Research & Development of $10.1 million for Q3 2025, up 32.24% year-over-year from $7.6 million in Q3 2024, and up 3.06% on a QoQ basis from $9.8 million in Q2 2025.
EVgo (EVGOW) Research & Development (2024 - 2025) Analysis & Trends
EVgo (EVGOW) has reported Research & Development for 2 consecutive years, with $10.1 million the latest figure, recorded in Q3 2025.
- In Q3 2025, Research & Development rose 32.24% year-over-year to $10.1 million; the TTM figure through Sep 2025 stood at $38.1 million (changed N/A YoY), while the FY2024 annual figure was $30.7 million, up 7.81% from the prior year.
- Research & Development came in at $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 Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | NaaS Technology | 29.20 Bn | 29.20 Bn | - | - |
| 2 | Caseys General Stores | 28.94 Bn | 28.48 Bn | 1.08 Bn | - |
| 3 | Williams Sonoma | 27.71 Bn | 26.69 Bn | 1.10 Bn | - |
| 4 | Dick'S Sporting Goods | 19.10 Bn | 17.75 Bn | 1.77 Bn | - |
| 5 | Tractor Supply | 16.98 Bn | 16.76 Bn | 1.30 Bn | - |
| 6 | Best Buy | 16.25 Bn | 14.50 Bn | 2.10 Bn | - |
| 7 | Murphy USA | 10.35 Bn | 10.23 Bn | 3.98 Bn | - |
| 8 | Five Below | 10.07 Bn | 9.13 Bn | 696.98 Mn | - |
| 9 | Winmark | 8.93 Bn | 8.93 Bn | 20.23 Mn | - |
| 10 | EVgo | - | - | 12.96 Mn | - |
Historic Data
Download 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 |