Gogoro Inc. (GGR) Revenue History
Annual and quarterly revenue from 2019 to 2024
Compound Annual Growth Rate (CAGR)
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GGR Revenue Growth
Revenue Breakdown (FY 2024)
GGR's revenue distribution by segment and geography for fiscal year 2024
By Product/Segment
By Geography
GGR Revenue Analysis (2019–2024)
As of May 8, 2026, Gogoro Inc. (GGR) generated trailing twelve-month (TTM) revenue of $280.2 million, reflecting significant decline in growth of -10.6% year-over-year. The most recent quarter (Q3 2025) recorded $77.6 million in revenue, up 18.0% sequentially.
Looking at the longer-term picture, GGR's 5-year compound annual growth rate (CAGR) stands at -6.7%, indicating revenue contraction over this period. The company achieved its highest annual revenue of $439.2 million in 2019.
Revenue diversification analysis shows GGR's business is primarily driven by Leasing (56%), and Other Products And Services (44%). With over half of revenue concentrated in Leasing, the company maintains significant focus in this area while developing other growth vectors.
When compared to Consumer Cyclical sector peers including NIU (+51.0% YoY), KNDI (-22.3% YoY), and WKHS (+16.7% YoY), GGR has underperformed the peer group in terms of revenue growth. Compare GGR vs NIU →
GGR Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| GGRCurrent | $280M | -10.6% | -6.7% | -45.6% | |
 NIU | $3.3B | +51.0% | +9.6% | -7.6% | |
 KNDI | $87M | -22.3% | +2.6% | -47.3% | |
 WKHS | $7M | +16.7% | +77.4% | -1116.7% | |
 TSLA | $94.8B | +2.3% | +24.6% | 4.6% | |
 BLDP | $101M | +42.5% | -0.5% | -80.6% |
GGR Historical Revenue Data (2019–2024)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2024 | $310.6M | -11.2% | $7.9M | 2.6% | $-141,619,000 | -45.6% |
| 2023 | $349.8M | -8.6% | $50.9M | 14.6% | $-88,373,000 | -25.3% |
| 2022 | $382.8M | +4.6% | $57.7M | 15.1% | $-298,329,000 | -77.9% |
| 2021 | $366.0M | +0.5% | $61.1M | 16.7% | $-57,318,000 | -15.7% |
| 2020 | $364.1M | -17.1% | $79.4M | 21.8% | $-36,499,000 | -10.0% |
| 2019 | $439.2M | - | $93.2M | 21.2% | $-11,096,000 | -2.5% |
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Start ComparisonGGR — Frequently Asked Questions
Quick answers to the most common questions about buying GGR stock.
Is GGR's revenue growth accelerating or slowing?
GGR revenue declined -10.6% year-over-year, contrasting with the 5-year CAGR of -6.7%. TTM revenue fell to $280M. This reverses the prior growth trend.
What is GGR's long-term revenue growth rate?
Gogoro Inc.'s 5-year revenue CAGR of -6.7% reflects the variable expansion pattern. Current YoY growth of -10.6% is below this long-term average.
How is GGR's revenue distributed by segment?
GGR reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2019-2024 are available for download. Segment mix reveals concentration and diversification trends.