EVGO on Nasdaq
EVgo Inc.
American automotive repair, services and parking services company.
Price unavailable
Last updated Oct 18, 2026.
Overview
Compare with SunCar Technology Group Inc., Monro Muffler Brake or Autozi Internet Technology (Global) Ltd., or pick any stock.
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
21.0%Gross margin2
-28.8%Operating margin2
-10.8%Net margin2
49.6%Revenue growth, 20252
-$124.4MFree cash flow2
What sells
Revenue by product, business segment and region, as the company reports it to the SEC.
Products and services
Charging Revenue Retail brought in 35% of the revenue EVgo Inc. broke down this way in fiscal 2025.
Products and services by year
| Products and services | 2024 | 2025 |
|---|---|---|
| Charging Revenue Retail | $96.7M | $133.9M |
| eXtend | $86.6M | $116.5M |
| Ancillary Revenue. | $14.5M | $49.3M |
| Charging Revenue Commercial | $26.7M | $34.8M |
| Charging Revenue OEM | $15.6M | $26.1M |
| Network Revenue OEM | $7.8M | $13.4M |
| Regulatory Credit Sales | $9.0M | $10.2M |
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Cost of revenue79¢$303.3M
- Research and development3¢$12.2M
- Other costs17¢$63.4M
- Income tax1¢$5.1M
Out of $384.1M in revenue.2 The company lost money this year.
Financial statements
Every line of the income statement as filed: the last 2 fiscal years, latest first.2
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Total revenue | $384.1M | $256.8M |
| Charging network | $132.6M | $97.1M |
| Other | $111.3M | $84.4M |
| Depreciation, net of capital-build amortization | $59.4M | $46.0M |
| Total cost of sales | $303.3M | $227.5M |
| Gross profit | $80.8M | $29.4M |
| General and administrative | $176.9M | $141.1M |
| Depreciation, amortization and accretion | $14.6M | $19.8M |
| Total operating expenses | $191.4M | $160.9M |
| Operating loss | -$110.7M | -$131.6M |
| Interest expense | -$6.1M | -$73.0K |
| Interest income | $7.0M | $7.6M |
| Other expense, net | -$22.0K | -$18.0K |
| Change in fair value of earnout liability | $920.0K | -$288.0K |
| Change in fair value of warrant liabilities | $8.4M | -$4.6M |
| Total other income, net | $10.1M | $2.6M |
| Loss before income tax benefit | -$100.6M | -$129.0M |
| Income tax benefit | $5.1M | $2.3M |
| Net loss | -$95.4M | -$126.7M |
| Less: net loss attributable to redeemable noncontrolling interest | -$53.9M | -$82.4M |
| Net loss attributable to Class A common stockholders | -$41.6M | -$44.3M |
| Net loss per share to Class A common stockholders, basic (in dollars per share) | -$0.31 | -$0.41 |
| Net loss per share to Class A common stockholders, diluted (in dollars per share) | -$0.31 | -$0.41 |
No quarter-by-quarter statement was filed.
Every line of the balance sheet as filed: the last 3 fiscal years (annual) or 3 quarters (quarterly), latest first.2
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Cash and cash equivalents | $151.0M | $117.3M | $208.7M |
| Restricted cash, current | $49.5M | $3.2M | $472.0K |
| Accounts receivable, net of allowance of $75 and $1,196 as of December 31, 2025 and 2024 | $38.6M | $45.8M | |
| Accounts receivable, capital-build | $19.5M | $17.7M | |
| Prepaids and other current assets | $37.9M | $21.3M | |
| Total current assets | $296.5M | $205.4M | |
| Restricted cash, noncurrent | $10.2M | $0 | |
| Property, equipment and software, net | $460.7M | $415.0M | |
| Operating lease right-of-use assets | $103.0M | $89.3M | |
| Other assets | $30.9M | $24.3M | |
| Intangible assets, net | $32.4M | $38.8M | |
| Goodwill | $31.1M | $31.1M | |
| Total assets | $964.8M | $803.8M | |
| Accounts payable | $7.6M | $13.0M | |
| Accrued liabilities | $59.9M | $43.0M | |
| Operating lease liabilities, current | $7.8M | $7.3M | |
| Deferred revenue, current | $55.1M | $46.3M | |
| Earnout liability, at fair value | $22.0K | $0 | |
| Warrant liabilities, at fair value | $1.4M | $0 | |
| Long-term debt, current | $2.1M | $0 | |
| Other current liabilities | $1.5M | $1.8M | |
| Total current liabilities | $135.3M | $111.4M | |
| Operating lease liabilities, noncurrent | $97.0M | $83.0M | |
| Asset retirement obligations | $30.9M | $23.8M | |
| Capital-build liability | $55.8M | $51.7M | |
| Deferred revenue, noncurrent | $47.7M | $70.5M | |
| Earnout liability, at fair value | $0 | $942.0K | |
| Warrant liabilities, at fair value | $0 | $9.7M | |
| Long-term debt, noncurrent | $204.3M | $0 | |
| Other long-term liabilities | $7.9M | $8.9M | |
| Total liabilities | $578.9M | $360.0M | |
| Redeemable noncontrolling interest | $502.8M | $699.8M | |
| Additional paid-in capital | $7.8M | $0 | |
| Accumulated deficit | -$124.7M | -$256.1M | |
| Total stockholders' deficit | -$116.9M | -$256.1M | -$160.6M |
| Total liabilities, redeemable noncontrolling interest and stockholders' deficit | $964.8M | $803.8M | |
| Allowance for accounts receivable | $75.0K | $1.2M | |
| Preferred stock, par value (in dollars per share) | $0.00 | $0.00 | |
| Preferred stock, shares authorized (in shares) | 10.0M shares | 10.0M shares | |
| Preferred stock, shares issued (in shares) | 0 shares | 0 shares | |
| Preferred stock, shares outstanding (in shares) | 0 shares | 0 shares |
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Cash and cash equivalents | $151.0M | $117.3M | $208.7M |
| Restricted cash, current | $49.5M | $3.2M | $472.0K |
| Accounts receivable, net of allowance of $75 and $1,196 as of December 31, 2025 and 2024 | $38.6M | $45.8M | |
| Accounts receivable, capital-build | $19.5M | $17.7M | |
| Prepaids and other current assets | $37.9M | $21.3M | |
| Total current assets | $296.5M | $205.4M | |
| Restricted cash, noncurrent | $10.2M | $0 | |
| Property, equipment and software, net | $460.7M | $415.0M | |
| Operating lease right-of-use assets | $103.0M | $89.3M | |
| Other assets | $30.9M | $24.3M | |
| Intangible assets, net | $32.4M | $38.8M | |
| Goodwill | $31.1M | $31.1M | |
| Total assets | $964.8M | $803.8M | |
| Accounts payable | $7.6M | $13.0M | |
| Accrued liabilities | $59.9M | $43.0M | |
| Operating lease liabilities, current | $7.8M | $7.3M | |
| Deferred revenue, current | $55.1M | $46.3M | |
| Earnout liability, at fair value | $22.0K | $0 | |
| Warrant liabilities, at fair value | $1.4M | $0 | |
| Long-term debt, current | $2.1M | $0 | |
| Other current liabilities | $1.5M | $1.8M | |
| Total current liabilities | $135.3M | $111.4M | |
| Operating lease liabilities, noncurrent | $97.0M | $83.0M | |
| Asset retirement obligations | $30.9M | $23.8M | |
| Capital-build liability | $55.8M | $51.7M | |
| Deferred revenue, noncurrent | $47.7M | $70.5M | |
| Earnout liability, at fair value | $0 | $942.0K | |
| Warrant liabilities, at fair value | $0 | $9.7M | |
| Long-term debt, noncurrent | $204.3M | $0 | |
| Other long-term liabilities | $7.9M | $8.9M | |
| Total liabilities | $578.9M | $360.0M | |
| Redeemable noncontrolling interest | $502.8M | $699.8M | |
| Additional paid-in capital | $7.8M | $0 | |
| Accumulated deficit | -$124.7M | -$256.1M | |
| Total stockholders' deficit | -$116.9M | -$256.1M | -$160.6M |
| Total liabilities, redeemable noncontrolling interest and stockholders' deficit | $964.8M | $803.8M | |
| Allowance for accounts receivable | $75.0K | $1.2M | |
| Preferred stock, par value (in dollars per share) | $0.00 | $0.00 | |
| Preferred stock, shares authorized (in shares) | 10.0M shares | 10.0M shares | |
| Preferred stock, shares issued (in shares) | 0 shares | 0 shares | |
| Preferred stock, shares outstanding (in shares) | 0 shares | 0 shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 2 fiscal years, latest first.2
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Net loss | -$95.4M | -$126.7M |
| Depreciation, amortization and accretion | $74.0M | $65.8M |
| Net loss on disposal of property and equipment, net of insurance recoveries, and impairment expense | $13.7M | $7.2M |
| Share-based compensation | $27.1M | $22.0M |
| Bad debt expense | $6.1M | $923.0K |
| Change in fair value of earnout liability | -$920.0K | $288.0K |
| Change in fair value of warrant liabilities | -$8.4M | $4.6M |
| Paid-in-kind interest, amortization of deferred debt issuance costs, net of capitalized interest | $3.9M | $73.0K |
| Gain on sales-type lease | -$2.8M | $0 |
| Write off of equity issuance costs | $786.0K | $0 |
| Other | $5.0K | -$104.0K |
| Accounts receivable, net | $1.2M | -$11.9M |
| Prepaids and other current assets and other assets | -$17.2M | -$6.9M |
| Operating lease assets and liabilities, net | $708.0K | $792.0K |
| Accounts payable | -$5.7M | $5.0M |
| Accrued liabilities | $11.9M | $3.3M |
| Deferred revenue | -$14.0M | $29.3M |
| Other current and noncurrent liabilities | -$2.6M | -$800.0K |
| Net cash used in operating activities | -$7.7M | -$7.3M |
| Capital expenditures | -$116.7M | -$94.8M |
| Proceeds from insurance for property losses | $24.0K | $316.0K |
| Net cash used in investing activities | -$116.7M | -$94.5M |
| Proceeds from long-term debt | $200.9M | $0 |
| Proceeds from capital-build funding | $15.2M | $17.4M |
| Contribution from redeemable noncontrolling interest | $9.6M | $6.6M |
| Payments of withholding tax on net issuance of restricted stock units | -$904.0K | $0 |
| Payments of deferred debt issuance costs | -$10.1M | -$11.0M |
| Net cash provided by financing activities | $214.6M | $13.1M |
| Net increase (decrease) in cash, cash equivalents and restricted cash | $90.2M | -$88.6M |
| Interest paid | $2.2M | $0 |
| Income taxes paid | $95.0K | $105.0K |
| Non-cash adjustments to redeemable noncontrolling interest | $152.7M | $74.2M |
| Capital expenditures in accounts payable and accrued liabilities | $18.7M | $11.1M |
| Non-cash increase in capital-build | $16.8M | $25.7M |
| Deferred debt issuance costs in accounts payable, accrued liabilities, other current liabilities and other liabilities | $9.3M | $11.9M |
| Paid-in-kind interest | $5.6M | $0 |
| Property and equipment recognized upon termination of a sales-type lease | $4.0M | $0 |
| Interest capitalized to property, equipment and software | $3.6M | $0 |
| Property and equipment derecognized for net investment in sales-type lease | $2.8M | $0 |
| Non-cash increase in asset retirement obligations | $7.1M | $5.1M |
| Share-based compensation capitalized to property, equipment and software | $1.9M | $1.4M |
No quarter-by-quarter statement was filed.
Leadership
Who has led EVgo Inc., and when. Pick a name to see everywhere that person has worked.
Chief executive
President
Chief financial officer
Chief operating officer
2025
- Chief executive officerBadar Khan Nov 15, 2023 to now12
- Chief executive officerCathy Zoi Jul 6, 2021 to Jun 2, 202313
- PresidentDennis G. Kish Feb 5, 2024 to now14
- Chief financial officerKeefer McGovern Lehner Jan 22, 2026 to now15
- Chief financial officerPaul Michael Dobson Oct 16, 2024 to Jan 22, 202616
- Chief financial officerStephanie Lee Jul 11, 2023 to Jul 3, 202417
- Chief financial officerOlga Shevorenkova Jul 6, 2021 to Mar 19, 202418
- Chief financial officerJohn A. Cavalier Sep 29, 2020 to Sep 29, 202019
- Chief operating officerDennis G. Kish Jan 13, 2022 to Jan 4, 202420
- Chief operating officerIvo Steklac Jul 6, 2021 to Aug 16, 202221
- Chief operating officerAnne Frank-Shapiro Sep 29, 2020 to Sep 29, 202022
Board members and other officers (25)
- Chief Accounting OfficerAmber Scott May 29, 2026 to now23
- OfficerFrancine Sullivan Aug 12, 2025 to now24
- Chief Technology OfficerIvo Steklac Apr 5, 2022 to Aug 14, 202325
- Chief Revenue OfficerTanvi Chaturvedi Oct 25, 2022 to Oct 25, 202226
- ControllerCaroline Ogata Jul 6, 2021 to Aug 16, 202227
- Chief Commercial OfficerJonathan Maier Levy Jul 6, 2021 to Aug 16, 202228
- Chief Commercial OfficerBeth Comstock Sep 29, 2020 to Sep 29, 202029
- Board memberScott W. Griffith Apr 2, 2024 to now30
- Board memberPeter Eric Anderson Mar 31, 2023 to Mar 31, 202331
- Board memberJonathan Seelig May 22, 2023 to now32
- Board memberPaul Segal May 22, 2023 to May 22, 202333
- Board memberKatherine Motlagh Apr 11, 2022 to now34
- Board memberBadar Khan May 24, 2022 to now35
- Board memberCathy Zoi Jul 6, 2021 to Jun 2, 202313
- Board memberDarpan Kapadia Jul 6, 2021 to Jul 6, 202136
- Board memberDavid Nanus Jul 6, 2021 to Dec 20, 202437
- Board memberJoseph Esteves Jul 6, 2021 to Jul 6, 202138
- Board memberKate E. Brandt Jul 6, 2021 to Jul 28, 202239
- Board memberPatricia K. Collawn Jul 6, 2021 to Jul 28, 202140
- Board memberRodney E. Slater Jul 6, 2021 to Jul 28, 202241
- Board memberBeth Comstock Jul 28, 2021 to Aug 2, 202142
- Board memberJamie M. Weinstein Sep 29, 2020 to Sep 29, 202043
- Board memberMimi Alemayehou Sep 29, 2020 to Sep 29, 202044
- Board memberRichard L. Kauffman Sep 29, 2020 to Sep 29, 202045
- General counselFrancine Sullivan Jul 6, 2021 to now46
Former names
Timeline
Filings
271 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 51 major events, 119 insider forms, 16 large holders, 65 other. The latest 20:
- Oct 15, 20264 EDGAR
- Sep 29, 20264 EDGAR
- Sep 29, 20264 EDGAR
- Sep 29, 20264 EDGAR
- Sep 29, 20264 EDGAR
- Sep 29, 20264 EDGAR
- Aug 12, 20264 EDGAR
- Aug 12, 20264 EDGAR
- Aug 6, 202610-Q EDGAR
- Aug 5, 20268-K EDGAR
- Jul 1, 202625-NSE EDGAR
- May 29, 20263 PRIMARY DOCUMENT EDGAR
- May 20, 20264 EDGAR
- May 20, 20264 EDGAR
- May 19, 20268-K EDGAR
- May 11, 2026SCHEDULE 13G EDGAR
- May 5, 202610-Q EDGAR
- May 5, 20268-K EDGAR
- Apr 3, 2026ARS EDGAR
- Apr 3, 2026DEFA14A EDGAR
The 271 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last three years, summarized. The full record is on SEC EDGAR.
Insider trades and holders
Large holders
Investors who own more than 5% must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively. 16 such filings since October 2021, the latest 10:
- May 11, 2026SCHEDULE 13G
- Mar 26, 2026SCHEDULE 13G/A
- Jul 31, 2025SCHEDULE 13G/A
- Mar 21, 2025SCHEDULE 13G/A
- Mar 20, 2025SCHEDULE 13G
- Feb 7, 2025SCHEDULE 13G
- Dec 18, 2024SCHEDULE 13D/A
- Oct 18, 2024SC 13D
- Feb 13, 2024SC 13G/A
- Feb 13, 2024SC 13G/A
From Forms 4 and Schedules 13D and 13G filed with the SEC.
Held by these funds
The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.
| Fund | Shares | Value | Share of the fund | Change |
|---|---|---|---|---|
| BlackRock, Inc. | 11,010,380 | $21.0M | 0.0% | +196,575 |
| Morgan Stanley | 8,205,206 | $15.7M | 0.0% | −973,570 |
| State Street Corp | 6,371,895 | $12.2M | 0.0% | +80,946 |
| Vanguard Capital Management LLC | 5,965,988 | $11.4M | 0.0% | +274,701 |
| Invesco Ltd. | 5,545,109 | $10.6M | 0.0% | +1,169,473 |
| Goldman Sachs Group Inc | 5,364,332 | $10.2M | 0.0% | +1,745,560 |
| Soros Fund Management LLC | 5,350,022 | $10.2M | 0.2% | −686,547 |
| SIR Capital Management, L.P. | 4,345,531 | $8.3M | 1.0% | No change |
| Pictet Asset Management Holding SA | 4,098,371 | $7.8M | 0.0% | +1,669,810 |
| CIBC Bancorp USA Inc. | 4,007,637 | $7.7M | 0.0% | New |
| Vanguard Portfolio Management LLC | 3,882,172 | $7.4M | 0.0% | −1,957,496 |
| Geode Capital Management, LLC | 3,660,105 | $7.0M | 0.0% | +516,972 |
| Qube Research & Technologies Ltd | 3,036,133 | $5.8M | 0.0% | −222,956 |
| Millennium Management LLC | 2,255,090 | $4.3M | 0.0% | −1,728,447 |
| Norges Bank | 2,075,000 | $4.0M | 0.0% | New |
| J. Goldman & Co LP | 1,897,000 | $3.6M | 0.1% | −205,585 |
| GMT Capital Corp | 1,377,090 | $2.6M | 0.1% | New |
| UBS Group AG | 1,316,855 | $2.5M | 0.0% | +529,813 |
| Federated Hermes, Inc. | 1,260,132 | $2.4M | 0.0% | −219,063 |
| Marshall Wace, Llp | 1,192,484 | $2.3M | 0.0% | +223,401 |
| Renaissance Technologies LLC | 1,189,533 | $2.3M | 0.0% | −3,400 |
| Northern Trust Corp | 1,105,339 | $2.1M | 0.0% | +133,860 |
| Vanguard Fiduciary Trust Co | 1,004,734 | $1.9M | 0.0% | +141,356 |
| Two Sigma Investments, LP | 987,342 | $1.9M | 0.0% | +220,573 |
| Deutsche Bank Ag\ | 904,592 | $1.7M | 0.0% | −546,501 |
13F reports cover disclosed long positions in U.S. stocks only.
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1SEC EDGAREVgo Inc. filings on SEC EDGAR
- 2SEC EDGAREVgo Inc. 10-K for fiscal 2025
- 3SEC EDGAREVgo Inc. filings on SEC EDGAR
- 4SEC EDGAREVgo Inc. 10-K for fiscal 2020
- 5SEC EDGAREVgo Inc. 10-K for fiscal 2021
- 6SEC EDGAREVgo Inc. 10-K for fiscal 2022
- 7SEC EDGAREVgo Inc. 10-K for fiscal 2023
- 8SEC EDGAREVgo Inc. 10-Q for fiscal 2025
- 9SEC EDGAREVgo Inc. 10-Q for fiscal 2025
- 10SEC EDGAREVgo Inc. 10-Q for fiscal 2026
- 11SEC EDGAREVgo Inc. 10-Q for fiscal 2025
- 12SEC EDGARBadar Khan, Chief executive officer
- 13SEC EDGARCathy Zoi, Chief executive officer
- 14SEC EDGARDennis G. Kish, President
- 15
- 16
- 17
- 18
- 19
- 20
- 21SEC EDGARIvo Steklac, Chief operating officer
- 22
- 23
- 24SEC EDGARFrancine Sullivan, Officer
- 25
- 26
- 27SEC EDGARCaroline Ogata, Controller
- 28
- 29
- 30SEC EDGARScott W. Griffith, Board member
- 31SEC EDGARPeter Eric Anderson, Board member
- 32SEC EDGARJonathan Seelig, Board member
- 33SEC EDGARPaul Segal, Board member
- 34SEC EDGARKatherine Motlagh, Board member
- 35SEC EDGARBadar Khan, Board member
- 36SEC EDGARDarpan Kapadia, Board member
- 37SEC EDGARDavid Nanus, Board member
- 38SEC EDGARJoseph Esteves, Board member
- 39SEC EDGARKate E. Brandt, Board member
- 40SEC EDGARPatricia K. Collawn, Board member
- 41SEC EDGARRodney E. Slater, Board member
- 42SEC EDGARBeth Comstock, Board member
- 43SEC EDGARJamie M. Weinstein, Board member
- 44SEC EDGARMimi Alemayehou, Board member
- 45SEC EDGARRichard L. Kauffman, Board member
- 46SEC EDGARFrancine Sullivan, General counsel