Quarterly ResultAug 6, 2026, 06:03 AM
EVgo Q2 Revenue $82.6M, Net Loss $(46.3M); Warrants Delisted
AI Summary
EVgo Inc. reported its Q2 2026 financial results, with total revenue decreasing to $82.6 million from $98.0 million year-over-year, and net loss widening to $(46.3) million. For the six months ended June 30, 2026, total revenue increased to $192.2 million, but net loss also widened to $(83.3) million. The company's redeemable warrants were delisted by Nasdaq effective July 11, 2026. Cash and cash equivalents stood at $121.8 million, while non-current long-term debt significantly increased to $293.7 million.
Key Highlights
- Nasdaq delisted EVgo's redeemable warrants effective July 11, 2026.
- Q2 2026 total revenue decreased to $82.6 million from $98.0 million YoY.
- Q2 2026 net loss widened to $(46.3) million from $(29.8) million YoY.
- Six months 2026 total revenue increased to $192.2 million from $173.3 million YoY.
- Six months 2026 net loss widened to $(83.3) million from $(56.0) million YoY.
- Cash and cash equivalents were $121.8 million as of June 30, 2026.
- Non-current long-term debt increased to $293.7 million from $204.3 million.
- Net cash used in operating activities was $(41.9) million for six months 2026.
Price Impact
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