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EVgo (EVGO) Revenue & Revenue Breakdown

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EVgo Revenue Highlights

Latest Revenue (Y)

$256.82M

Latest Revenue (Q)

$67.53M

Main Segment (Y)

Charging Revenue Retail

EVgo Revenue by Period

EVgo Revenue by Year

DateRevenueChange
2024-12-31$256.82M59.57%
2023-12-31$160.95M194.85%
2022-12-31$54.59M145.74%
2021-12-31$22.21M70.24%
2020-12-31$13.05M-25.53%
2019-12-31$17.52M9.49%
2018-12-31$16.00M-26.09%
2001-12-31$21.65M-

EVgo generated $256.82M in revenue during NA 2024, up 59.57% compared to the previous quarter, and up 1465.72% compared to the same period a year ago.

EVgo Revenue by Quarter

DateRevenueChange
2024-09-30$67.53M1.37%
2024-06-30$66.62M20.78%
2024-03-31$55.16M10.33%
2023-12-31$49.99M42.40%
2023-09-30$35.11M-30.55%
2023-06-30$50.55M99.81%
2023-03-31$25.30M-7.34%
2022-12-31$27.30M159.81%
2022-09-30$10.51M15.79%
2022-06-30$9.08M17.87%
2022-03-31$7.70M8.16%
2021-12-31$7.12M15.18%
2021-09-30$6.18M29.22%
2021-06-30$4.78M15.80%
2021-03-31$4.13M-1.51%
2020-12-31$4.19M17.41%
2020-09-30$3.57M20.84%
2020-06-30$2.96M27.07%
2020-03-31$2.33M-49.73%
2019-12-31$4.63M-

EVgo generated $67.53M in revenue during Q3 2024, up 1.37% compared to the previous quarter, and up 133.60% compared to the same period a year ago.

EVgo Revenue Breakdown

EVgo Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 24Dec 23Dec 22Dec 21
Charging Revenue OEM$15.55M$5.19M$812.00K-
Charging Revenue Retail$96.65M$45.73M$11.04M-
Network Revenue OEM$7.79M$5.68M--
Regulatory Credit Sales$8.99M$6.68M$5.65M$3.02M
Ancillary Revenue.$14.54M$10.82M$100.00K-
Charging Revenue Commercial$26.69M$14.49M$2.42M-
Network Revenue, OEM---$1.51M
Ancillary Revenue---$3.41M

EVgo's latest annual revenue breakdown by segment (product or service), as of Dec 24: Charging Revenue Retail (56.78%), Charging Revenue Commercial (15.68%), Charging Revenue OEM (9.14%), Ancillary Revenue. (8.54%), Regulatory Credit Sales (5.28%), and Network Revenue OEM (4.58%).

Quarterly Revenue by Product

Product/ServiceDec 24Sep 24Jun 24Mar 24Dec 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21
Charging Revenue Commercial$5.13M$8.62M$7.09M$5.84M$10.36M$2.42M$1.72M------
Charging Revenue Retail$29.34M$26.66M$22.34M$18.33M$30.04M$9.09M$6.62M$3.54M-----
Network Revenue OEM$1.46M$1.28M$1.63M$3.42M$2.24M$742.00K$2.70M------
Regulatory Credit Sales$3.01M$2.19M$1.75M$2.03M$3.85M$1.61M$1.22M$968.00K$1.18M$2.13M$1.38M$1.10M$684.00K
Ancillary Revenue.$5.81M$2.57M$2.51M$3.65M$6.18M$2.43M$2.21M------
Charging Revenue OEM$4.88M$4.30M$3.64M$2.73M$3.65M$986.00K$552.00K$179.00K-----
Ancillary Revenue-----------$1.26M-
Network Revenue, OEM-----------$352.00K-

EVgo's latest quarterly revenue breakdown by segment (product or service), as of Dec 24: Charging Revenue Retail (59.11%), Ancillary Revenue. (11.70%), Charging Revenue Commercial (10.34%), Charging Revenue OEM (9.83%), Regulatory Credit Sales (6.07%), and Network Revenue OEM (2.95%).

EVgo Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
BBYBest Buy$41.53B$9.45B
AZOAutoZone$18.49B$3.95B
DKSDICK'S Sporting Goods$13.44B$3.06B
ULTAUlta Beauty$11.30B$2.53B
WSMWilliams-Sonoma$7.71B$1.80B
WOOFPetco Health and Wellness$6.12B$1.51B
RHRH$3.18B$811.73M
EVGOEVgo$256.82M$67.53M

EVGO Revenue FAQ

What is EVgo’s yearly revenue?

EVgo's yearly revenue for 2024 was $256.82M, representing an increase of 59.57% compared to 2023. The company's yearly revenue for 2023 was $160.95M, representing an increase of 194.85% compared to 2022. EVGO's yearly revenue for 2022 was $54.59M, representing an increase of 145.74% compared to 2021.

What is EVgo’s quarterly revenue?

EVgo's quarterly revenue for Q3 2024 was $67.54M, a 1.37% increase from the previous quarter (Q2 2024), and a 92.37% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $66.62M, a 20.78% increase from the previous quarter (Q1 2024), and a 31.78% increase year-over-year (Q2 2023). EVGO's quarterly revenue for Q1 2024 was $55.16M, a 10.33% increase from the previous quarter (Q4 2023), and a 118.02% increase year-over-year (Q1 2023).

What is EVgo’s revenue growth rate?

EVgo's revenue growth rate for the last 3 years (2022-2024) was 370.48%, and for the last 5 years (2020-2024) was 1868.16%.

What are EVgo’s revenue streams?

EVgo's revenue streams in c 24 are Charging Revenue OEM, Charging Revenue Retail, Network Revenue OEM, Regulatory Credit Sales, Ancillary Revenue., and Charging Revenue Commercial. Charging Revenue OEM generated $15.55M in revenue, accounting 9.14% of the company's total revenue, up 199.92% year-over-year. Charging Revenue Retail generated $96.65M in revenue, accounting 56.78% of the company's total revenue, up 111.33% year-over-year. Network Revenue OEM generated $7.79M in revenue, accounting 4.58% of the company's total revenue, up 37.14% year-over-year. Regulatory Credit Sales generated $8.99M in revenue, accounting 5.28% of the company's total revenue, up 34.56% year-over-year. Ancillary Revenue. generated $14.54M in revenue, accounting 8.54% of the company's total revenue, up 34.40% year-over-year. Charging Revenue Commercial generated $26.69M in revenue, accounting 15.68% of the company's total revenue, up 84.16% year-over-year.

What is EVgo’s main source of revenue?

For the fiscal year ending Dec 24, the largest source of revenue of EVgo was Charging Revenue Retail. This segment made a revenue of $96.65M, representing 56.78% of the company's total revenue.