EVgo annual gross margin
2020
2021
2022
2023
2024
2025
EVgo Gross Margin Growth & History (EVGO)
EVgo's gross margin was 21.03% for fiscal 2025.
View full EVgo company overviewEVgo annual gross margin history
| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 21.03% | +9.60 pp |
| 2024 | 2024-12-31 | 11.43% | +5.40 pp |
| 2023 | 2023-12-31 | 6.04% | +16.39 pp |
| 2022 | 2022-12-31 | −10.35% | +21.19 pp |
| 2021 | 2021-12-31 | −31.54% | +50.08 pp |
| 2020 | 2020-12-31 | −81.62% | — |
EVgo quarterly gross margin
Q3.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 8.88% | −5.30 pp |
| Q1 2026 | 2026-03-31 | 11.83% | −0.55 pp |
| Q4 2025 | 2025-12-31 | 37.97% | +23.52 pp |
| Q3 2025 | 2025-09-30 | 13.61% | +4.18 pp |
| Q2 2025 | 2025-06-30 | 14.19% | +4.58 pp |
| Q1 2025 | 2025-03-31 | 12.38% | −0.02 pp |
| Q4 2024 | 2024-12-31 | 14.46% | +7.38 pp |
| Q3 2024 | 2024-09-30 | 9.43% | +7.71 pp |
| Q2 2024 | 2024-06-30 | 9.60% | −1.33 pp |
| Q1 2024 | 2024-03-31 | 12.40% | +12.24 pp |
| Q4 2023 | 2023-12-31 | 7.08% | +11.11 pp |
| Q3 2023 | 2023-09-30 | 1.72% | +32.25 pp |
| Q2 2023 | 2023-06-30 | 10.94% | +19.13 pp |
| Q1 2023 | 2023-03-31 | 0.16% | +7.95 pp |
| Q4 2022 | 2022-12-31 | −4.03% | +21.61 pp |
| Q3 2022 | 2022-09-30 | −30.53% | −3.78 pp |
| Q2 2022 | 2022-06-30 | −8.20% | +26.80 pp |
| Q1 2022 | 2022-03-31 | −7.79% | +39.22 pp |
| Q4 2021 | 2021-12-31 | −25.64% | +64.75 pp |
| Q3 2021 | 2021-09-30 | −26.74% | — |
| Q2 2021 | 2021-06-30 | −35.00% | — |
| Q1 2021 | 2021-03-31 | −47.02% | — |
| Q3 2020 | 2020-09-30 | −90.38% | — |
EVgo gross margin trends
Over the last five reported fiscal years, EVgo's gross margin increased from −81.62% to 21.03%, a change of +102.65 percentage points. The latest reported quarter, Q2 2026, shows 8.88%.
About the metric
What gross margin means
Gross margin measures the percentage of revenue remaining after the direct costs of producing goods or services. It helps show how efficiently a company turns sales into gross profit before operating expenses.
Calculation and source
How gross margin is calculated
TickerStat calculates gross margin as SEC-reported gross profit divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review EVgo filings at SEC.gov ↗