EVgo Inc. Reports Q2 2025 Revenue of $98M, Net Loss of $13M; Updates Full-Year Revenue Guidance to $350-$380M

Reuters
08/05
EVgo Inc. Reports <a href="https://laohu8.com/S/QTWO">Q2</a> 2025 Revenue of $98M, Net Loss of $13M; Updates Full-Year Revenue Guidance to $350-$380M

EVgo Inc. (Nasdaq: EVGO) has announced its financial and operational results for the second quarter ended June 30, 2025. The company reported a revenue of $98.0 million, marking a significant performance for the quarter. However, the company also reported a net loss attributable to Class A common stockholders of $13.0 million. The company's gross profit for the quarter was $13.9 million, while the adjusted gross profit stood at $28.4 million. EVgo's Adjusted EBITDA was reported at negative $1.9 million. On the cash flow front, net cash provided by operating activities amounted to $14.1 million, with capital expenditures totaling $26.2 million. In terms of operational highlights, EVgo ended the second quarter with 4,350 stalls in operation, which is a 27% increase from the same period last year. The company added over 122,000 customer accounts in the quarter and achieved a network throughput of 88 gigawatt-hours. For the full year 2025, EVgo has updated its financial guidance, projecting total revenue to be in the range of $350 million to $380 million. The company also forecasts an Adjusted EBITDA between negative $5 million and $10 million. EVgo's CEO, Badar Khan, emphasized the company's strong operational performance and its focus on shareholder value creation, profitability improvement, and future growth investments. The company also highlighted a groundbreaking financing transaction aimed at accelerating stall growth and strengthening its position as an industry leader.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. EVgo Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9506108-en) on August 05, 2025, and is solely responsible for the information contained therein.

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10