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EVgo (EVGO) Revenue & Revenue Breakdown

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EVgo Revenue Highlights

Latest Revenue (Y)

$160.95M

Latest Revenue (Q)

$67.53M

Main Segment (Y)

Charging Revenue Retail

EVgo Revenue by Period

EVgo Revenue by Year

DateRevenueChange
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$17.52M-19.07%
2001-12-31$21.65M-

EVgo generated $160.95M in revenue during NA 2023, up 194.85% compared to the previous quarter, and up 743.36% 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 23Dec 22Dec 21
Charging Revenue Retail$45.73M$11.04M-
Charging Revenue OEM$5.19M$812.00K-
Charging Revenue Commercial$14.49M$2.42M-
Ancillary Revenue.$10.82M$100.00K-
Regulatory Credit Sales$6.68M$5.65M$3.02M
Network Revenue OEM$5.68M--
Ancillary Revenue--$3.41M
Network Revenue, OEM--$1.51M

EVgo's latest annual revenue breakdown by segment (product or service), as of Dec 23: Charging Revenue Retail (51.62%), Charging Revenue Commercial (16.36%), Ancillary Revenue. (12.21%), Regulatory Credit Sales (7.54%), Network Revenue OEM (6.41%), and Charging Revenue OEM (5.85%).

Quarterly Revenue by Product

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

EVgo's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Charging Revenue Retail (58.43%), Charging Revenue Commercial (18.90%), Charging Revenue OEM (9.44%), Ancillary Revenue. (5.64%), Regulatory Credit Sales (4.80%), and Network Revenue OEM (2.80%).

EVgo Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
BBYBest Buy$43.45B$9.29B
AZOAutoZone$18.49B$4.24B
DKSDICK'S Sporting Goods$12.98B$3.47B
ULTAUlta Beauty$11.21B$2.55B
WSMWilliams-Sonoma$7.75B$1.79B
WOOFPetco Health and Wellness Company$6.26B$1.52B
RHRH$3.03B$829.65M
EVGOEVgo$160.95M$67.53M

EVGO Revenue FAQ

What is EVgo’s yearly revenue?

EVgo's yearly revenue for 2023 was $160.95M, representing an increase of 194.85% compared to 2022. The company's yearly revenue for 2022 was $54.59M, representing an increase of 145.74% compared to 2021. EVGO's yearly revenue for 2021 was $22.21M, representing an increase of 70.24% compared to 2020.

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 (2021-2023) was 624.56%, and for the last 5 years (2019-2023) was 818.57%.

What are EVgo’s revenue streams?

EVgo's revenue streams in c 23 are Charging Revenue Retail, Charging Revenue OEM, Charging Revenue Commercial, Ancillary Revenue., Regulatory Credit Sales, and Network Revenue OEM. Charging Revenue Retail generated $45.74M in revenue, accounting 51.62% of the company's total revenue, up 314.23% year-over-year. Charging Revenue OEM generated $5.19M in revenue, accounting 5.85% of the company's total revenue, up 538.67% year-over-year. Charging Revenue Commercial generated $14.49M in revenue, accounting 16.36% of the company's total revenue, up 498.80% year-over-year. Ancillary Revenue. generated $10.82M in revenue, accounting 12.21% of the company's total revenue, up 10719.00% year-over-year. Regulatory Credit Sales generated $6.68M in revenue, accounting 7.54% of the company's total revenue, up 18.17% year-over-year. Network Revenue OEM generated $5.68M in revenue, accounting 6.41% of the company's total revenue

What is EVgo’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of EVgo was Charging Revenue Retail. This segment made a revenue of $45.74M, representing 51.62% of the company's total revenue.