EVgo, Inc. (EVGO) Revenue History
Annual and quarterly revenue from 2018 to 2025
Compound Annual Growth Rate (CAGR)
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EVGO Revenue Growth
Revenue Breakdown (FY 2025)
EVGO's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
EVGO Revenue Analysis (2018–2025)
As of May 6, 2026, EVgo, Inc. (EVGO) generated trailing twelve-month (TTM) revenue of $418.3 million, reflecting explosive growth of +45.5% year-over-year. The most recent quarter (Q1 2026) recorded $109.5 million in revenue, down 7.5% sequentially.
Looking at the longer-term picture, EVGO's 5-year compound annual growth rate (CAGR) stands at +96.7%, indicating outstanding long-term growth trajectory. The company achieved its highest annual revenue of $384.1 million in 2025, representing a new all-time high.
Revenue diversification analysis shows EVGO's business is primarily driven by Charging Revenue Retail (50%), Ancillary Revenue. (18%), and Charging Revenue Commercial (13%). With over half of revenue concentrated in Charging Revenue Retail, the company maintains significant focus in this area while developing other growth vectors.
When compared to Consumer Cyclical sector peers including CHPT (-1.4% YoY), BLNK (-22.3% YoY), and AMPY (-10.6% YoY), EVGO has underperformed the peer group in terms of revenue growth. Compare EVGO vs CHPT →
EVGO Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| EVGOCurrent | $418M | +45.5% | +96.7% | -28.8% | |
 CHPT | $411M | -1.4% | +22.9% | -51.1% | |
 BLNK | $124M | -22.3% | +114.6% | -160.6% | |
 AMPY | $263M | -10.6% | +5.4% | 29.2% | |
 TPVG | $97M | - | - | 77.9% | |
 BEAM | $140M | +120.0% | +466.3% | -274.6% |
EVGO Historical Revenue Data (2018–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $384.1M | +49.6% | $80.8M | 21.0% | $-110,663,000 | -28.8% |
| 2024 | $256.8M | +59.6% | $29.4M | 11.4% | $-131,570,000 | -51.2% |
| 2023 | $161.0M | +194.9% | $9.7M | 6.0% | $-153,407,000 | -95.3% |
| 2022 | $54.6M | +145.7% | $-5,651,000 | -10.4% | $-149,503,000 | -273.9% |
| 2021 | $22.2M | +70.2% | $-6,830,000 | -30.7% | $-89,831,000 | -404.4% |
| 2020 | $13.0M | -25.5% | $-9,598,000 | -73.6% | $-58,437,000 | -447.8% |
| 2019 | $17.5M | +9.5% | $-8,747,159 | -49.9% | $-34,949,585 | -199.5% |
| 2018 | $16.0M | - | $-9,251,373 | -57.8% | $-26,503,485 | -165.6% |
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Start ComparisonEVGO — Frequently Asked Questions
Quick answers to the most common questions about buying EVGO stock.
Is EVGO's revenue growth accelerating or slowing?
EVGO revenue is accelerating at +45.5% year-over-year, exceeding the 5-year CAGR of +96.7%. TTM revenue reached $418M. Growth momentum has increased versus prior periods.
What is EVGO's long-term revenue growth rate?
EVgo, Inc.'s 5-year revenue CAGR of +96.7% reflects the sustained expansion pattern. Current YoY growth of +45.5% is above this long-term average.
How is EVGO's revenue distributed by segment?
EVGO reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2018-2025 are available for download. Segment mix reveals concentration and diversification trends.