Battery Swapping Service Revenue was Gogoro’s largest revenue line in fiscal 2025, bringing in $149.01M of $281.48M (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 | $241.43M | $194.02M | $148.64M | $108.14M | |||
| Battery Swapping Service Revenue | $121.66M | $131.79M | $137.89M | $149.01M | |||
| Energy Services Revenue | — | — | — | — | |||
| Leasing Service Revenue | $10.65M | $13.25M | $13.59M | $13.17M | |||
| Leasing Revenue | — | — | — | — | |||
| Other Revenue | $9.09M | $10.79M | $10.53M | $11.17M | |||
| Others | — | — | — | — | |||
| Sales-Related Services Revenue | — | — | — | — | |||
| Total | $382.83M | $349.85M | $310.64M | $281.48M |
Gogoro brought in $281.48M from its four revenue lines in fiscal 2025, the year ended December 31, 2025. That was down 9.4% from $310.64M in fiscal 2024. Battery Swapping Service Revenue was the largest at $149.01M (52.9%), ahead of Sales Of Hardware & Related Revenue at $108.14M (38.4%) and Leasing Service Revenue at $13.17M (4.7%). The remaining revenue line, Other Revenue, brought in $11.17M.
Compared with fiscal 2024, Battery Swapping Service Revenue grew fastest, up 8.1% to $149.01M, while Sales Of Hardware & Related Revenue fell the most, down 27.2% to $108.14M. From fiscal 2022 to 2025, combined revenue from these revenue lines fell from $382.83M to $281.48M, 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 $270.39M of $281.48M (96%).
| Geography | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|
| Taiwan | $360.62M | $328.53M | $298.04M | $270.39M | |||
| Others | $22.21M | $21.32M | $12.60M | $11.09M | |||
| Total | $382.83M | $349.85M | $310.64M | $281.48M |
Gogoro brought in $281.48M from its two regions in fiscal 2025, the year ended December 31, 2025. That was down 9.4% from $310.64M in fiscal 2024. Taiwan was the largest at $270.39M (96.1%), ahead of Others at $11.09M (3.9%).
Compared with fiscal 2024, Taiwan fell 9.3% to $270.39M and Others fell 12.0% to $11.09M. From fiscal 2022 to 2025, combined revenue from these regions fell from $382.83M to $281.48M, 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 $149.01M (52.9% of the total), followed by Sales Of Hardware & Related Revenue at $108.14M (38.4%).
Battery Swapping Service Revenue was Gogoro's largest revenue line in fiscal 2025, bringing in $149.01M, or 52.9% of the $281.48M total across its four revenue lines.
Taiwan was Gogoro's largest region in fiscal 2025, bringing in $270.39M, or 96.1% of the $281.48M 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 $137.89M to $149.01M.
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.