Battery Swapping Service Revenue was Gogoro’s largest revenue line in fiscal 2025, bringing in $447.02M of $844.44M (53%).
| Products and services [axis] | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|
| Sales Of Electric Scooters & Related Parts | — | — | — | — | |||
| Sales Of Hardware & Related Revenue | $724.28M | $582.05M | $445.91M | $324.41M | |||
| Battery Swapping Service Revenue | $364.98M | $395.36M | $413.67M | $447.02M | |||
| Energy Services Revenue | — | — | — | — | |||
| Leasing Service Revenue | $31.96M | $39.76M | $40.76M | $39.51M | |||
| Leasing Revenue | — | — | — | — | |||
| Other Revenue | $27.26M | $32.37M | $31.58M | $33.50M | |||
| Others | — | — | — | — | |||
| Sales-Related Services Revenue | — | — | — | — | |||
| Total | $1.15B | $1.05B | $931.92M | $844.44M |
Gogoro brought in $844.44M from its four revenue lines in fiscal 2025, the year ended December 31, 2025. That was down 9.4% from $931.92M in fiscal 2024. Battery Swapping Service Revenue was the largest at $447.02M (52.9%), ahead of Sales Of Hardware & Related Revenue at $324.41M (38.4%) and Leasing Service Revenue at $39.51M (4.7%). The remaining revenue line, Other Revenue, brought in $33.50M.
Compared with fiscal 2024, Battery Swapping Service Revenue grew fastest, up 8.1% to $447.02M, while Sales Of Hardware & Related Revenue fell the most, down 27.2% to $324.41M. From fiscal 2022 to 2025, combined revenue from these revenue lines fell from $1.15B to $844.44M, a compound annual decline of 9.7%. Battery Swapping Service Revenue's share of the total rose from 31.8% to 52.9%.
Taiwan was Gogoro’s largest region in fiscal 2025, bringing in $811.17M of $844.44M (96%).
| Geography | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|
| Taiwan | $1.08B | $985.58M | $894.12M | $811.17M | |||
| Others | $66.62M | $63.96M | $37.80M | $33.27M | |||
| Total | $1.15B | $1.05B | $931.92M | $844.44M |
Gogoro brought in $844.44M from its two regions in fiscal 2025, the year ended December 31, 2025. That was down 9.4% from $931.92M in fiscal 2024. Taiwan was the largest at $811.17M (96.1%), ahead of Others at $33.27M (3.9%).
Compared with fiscal 2024, Taiwan fell 9.3% to $811.17M and Others fell 12.0% to $33.27M. From fiscal 2022 to 2025, combined revenue from these regions fell from $1.15B to $844.44M, a compound annual decline of 9.7%. Taiwan's share of the total rose from 94.2% to 96.1%.
Gogoro (GGR) reports its revenue by products and services [axis] and by geography. In fiscal 2025, Battery Swapping Service Revenue was its largest revenue line, bringing in $447.02M (52.9% of the total), followed by Sales Of Hardware & Related Revenue at $324.41M (38.4%).
Battery Swapping Service Revenue was Gogoro's largest revenue line in fiscal 2025, bringing in $447.02M, or 52.9% of the $844.44M total across its four revenue lines.
Taiwan was Gogoro's largest region in fiscal 2025, bringing in $811.17M, or 96.1% of the $844.44M total across its two regions.
Among Gogoro's revenue lines that make up at least 2% of revenue, Battery Swapping Service Revenue grew fastest in fiscal 2025, up 8.1% from $413.67M to $447.02M.
Every figure comes from Gogoro's annual financial filings, as reported. Each line keeps the name Gogoro gives it, and years follow its fiscal calendar.
Gogoro's revenue by products and services [axis] goes back to fiscal 2019, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.