EVGO PRESS-RELEASE SEC Filing Analysis

Latest settled — T+20d

EVGO ▲ +13.33% at T+20d

NEUTRAL call ✓ call won +13.33% · α vs SPY +8.38% · entry $2.10 → $2.38

Next anchor: T+60d in 6w

Last close $2.00 (close Jun 12) · -4.76% from $2.10 entry

Entry anchored
May 4, 03:59 PM ET
via Databento tick

T+1d

-7.62%

call -7.62% · α -9.00%

$1.94

settled 6w ago

T+5d

-5.71%

call -5.71% · α -7.70%

$1.98

settled 5w ago

T+20d

+13.33%

call +13.33% · α +8.38%

$2.38

settled 12d ago

T+60d

—

call — · α —

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in 6w

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Executive Summary

EVgo reported Q1 2026 revenue of $109.5M (+45% YoY), beating consensus estimates of $88.1M, and EPS of -$0.04, a 66.7% beat vs the -$0.12 consensus. The company affirmed full-year 2026 revenue guidance of $410-470M and initiated Q2 2026 revenue guidance of $75-85M, but net loss widened 41% YoY to -$37.0M and operating cash flow burned -$35.4M, more than tripling YoY. The strong revenue beat and maintained guidance are positive, but widening losses and cash burn temper the outlook.

Key Financial Metrics

Guidance

$410M-$470M

maintained

Gross Margin

11.8%

Actionable Insight

The strong revenue beat and maintained guidance provide near-term support, but the widening net loss and tripling cash burn are concerning. Watch Q2 2026 revenue guidance of $75-85M — a sequential decline from Q1 suggests lumpy non-charging revenue. Monitor DOE loan drawdown pace and stall deployment trajectory for growth signals.

Key Facts

Q1 2026 revenue $109.5M (+45% YoY) vs consensus $88.1M — 24.3% beat
Q1 2026 EPS -$0.04 vs consensus -$0.12 — 66.7% beat
Full-year 2026 revenue guidance affirmed at $410-470M
Q2 2026 revenue guidance initiated at $75-85M (below Q1 run rate)
Net loss widened 41% YoY to -$37.0M
Operating cash flow -$35.4M vs -$10.2M in Q1 2025 (245% worse)
Charging network revenue $55.7M (+18% YoY); non-charging revenue $53.8M (+91% YoY)
Stalls in operation grew 25% YoY to 5,280; network throughput +10% YoY to 91 GWh
DOE loan amended to $750M in April 2026

Financial Impact

Revenue beat consensus by ~$21.4M (24.3%); EPS beat by $0.08 (66.7%); net loss widened by $10.8M YoY

revenueepsnet lossoperating cash flow

Risk Factors

Net loss and cash burn accelerating — operating cash flow -$35.4M vs -$10.2M YoY
Q2 2026 revenue guidance of $75-85M implies significant sequential decline from Q1's $109.5M
Adjusted gross margin compressed 660 bps YoY to 27.1%
Capital expenditures net of offsets surged 209% YoY to $25.2M

Market Snapshot

Exchange

Nasdaq

Sector

Services-Automotive Repair, Services & Parking

Analyst Consensus

75% bullish (16 analysts)

Documents Analyzed

This report is based on 1 press release from GlobeNewswire.

Document	Accession Number
PRESS-RELEASE Data (Synthetic)	press-3287512

3 reports for EVGO

T+1T+5T+20T+60

Filters

Reports for EVGO — sortable, filterable
	Type				Now
May 5, 2026 5w ago	Press Release MIXED ★ 6/10	$2.10 $2.38	▲ +13.33%	▲ +8.38%	$2.00 (−4.76%)
Apr 28, 2026 6w ago	Press Release NEUTRAL ★ 2/10	$2.10 $2.16	▲ +2.86%	▼ −3.19%	$2.00 (−4.76%)
Mar 3, 2026 14w ago	Press Release MIXED ★ 7/10	$2.68 $1.72	▼ −35.82%	▼ −31.42%	$2.00 (−25.37%)

US Market Status

Market Closed — Opens in 5h 12m

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