EVgo (EVGO) Revenue & Revenue Breakdown
EVgo Revenue Highlights
Latest Revenue (Y)
$160.95M
Latest Revenue (Q)
$66.62M
Main Segment (Y)
Charging Revenue Retail
EVgo Revenue by Period
EVgo Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $160.95M | 194.85% |
| 2022-12-31 | $54.59M | 145.74% |
| 2021-12-31 | $22.21M | 70.24% |
| 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
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $66.62M | 20.78% |
| 2024-03-31 | $55.16M | 10.33% |
| 2023-12-31 | $49.99M | 42.40% |
| 2023-09-30 | $35.11M | -30.55% |
| 2023-06-30 | $50.55M | 99.81% |
| 2023-03-31 | $25.30M | -7.34% |
| 2022-12-31 | $27.30M | 159.81% |
| 2022-09-30 | $10.51M | 15.79% |
| 2022-06-30 | $9.08M | 17.87% |
| 2022-03-31 | $7.70M | 8.16% |
| 2021-12-31 | $7.12M | 15.18% |
| 2021-09-30 | $6.18M | 29.22% |
| 2021-06-30 | $4.78M | 15.80% |
| 2021-03-31 | $4.13M | -1.51% |
| 2020-12-31 | $4.19M | 17.41% |
| 2020-09-30 | $3.57M | 53.55% |
| 2020-03-31 | $2.33M | - |
EVgo generated $66.62M in revenue during Q2 2024, up 20.78% compared to the previous quarter, and up 263.32% compared to the same period a year ago.
EVgo Revenue Breakdown
EVgo Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 22 | Dec 21 |
|---|---|---|---|
| Ancillary Revenue. | $10.82M | $100.00K | - |
| Regulatory Credit Sales | $6.68M | $5.65M | $3.02M |
| Network Revenue OEM | $5.68M | - | - |
| Charging Revenue Retail | $45.73M | $11.04M | - |
| Charging Revenue OEM | $5.19M | $812.00K | - |
| Charging Revenue Commercial | $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 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/Service | Jun 24 | Mar 24 | Dec 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Regulatory Credit Sales | $1.75M | $2.03M | $3.85M | $1.61M | $1.22M | $968.00K | $1.18M | $2.13M | $1.38M | $1.10M | $684.00K |
| Network Revenue OEM | $1.63M | $3.42M | $2.24M | $742.00K | $2.70M | - | - | - | - | - | - |
| Charging Revenue Retail | $22.34M | $18.33M | $30.04M | $9.09M | $6.62M | $3.54M | - | - | - | - | - |
| Charging Revenue OEM | $3.64M | $2.73M | $3.65M | $986.00K | $552.00K | $179.00K | - | - | - | - | - |
| Charging Revenue Commercial | $7.09M | $5.84M | $10.36M | $2.42M | $1.72M | - | - | - | - | - | - |
| Ancillary Revenue. | $2.51M | $3.65M | $6.18M | $2.43M | $2.21M | - | - | - | - | - | - |
| Ancillary Revenue | - | - | - | - | - | - | - | - | - | $1.26M | - |
| Network Revenue, OEM | - | - | - | - | - | - | - | - | - | $352.00K | - |
EVgo's latest quarterly revenue breakdown by segment (product or service), as of Jun 24: Charging Revenue Retail (57.34%), Charging Revenue Commercial (18.21%), Charging Revenue OEM (9.34%), Ancillary Revenue. (6.44%), Regulatory Credit Sales (4.49%), and Network Revenue OEM (4.18%).
EVgo Peer Comparison by Revenue
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 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). The company'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). EVGO's quarterly revenue for Q4 2023 was $49.99M, a 42.40% increase from the previous quarter (Q3 2023), and a 83.11% increase year-over-year (Q4 2022).
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 Ancillary Revenue., Regulatory Credit Sales, Network Revenue OEM, Charging Revenue Retail, Charging Revenue OEM, and Charging Revenue Commercial. 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 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.
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.