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Compared to Estimates, EVgo (EVGO) Q1 Earnings: A Look at Key Metrics

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EVgo Inc. (EVGO - Free Report) reported $109.53 million in revenue for the quarter ended March 2026, representing a year-over-year increase of 45.5%. EPS of -$0.12 for the same period compares to -$0.09 a year ago.

The reported revenue represents a surprise of +25.19% over the Zacks Consensus Estimate of $87.49 million. With the consensus EPS estimate being -$0.14, the EPS surprise was +11.11%.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how EVgo performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
  • Network Throughput: 91 compared to the 102 average estimate based on two analysts.
  • Stalls in operation - EVgo eXtend: 1,170 versus 1,167 estimated by two analysts on average.
  • Stalls in operation - EVgo Public Network: 3,990 versus 4,002 estimated by two analysts on average.
  • Total stalls in operation: 5,280 versus 5,321 estimated by two analysts on average.
  • Revenue- charging network- Charging, retail: $33.79 million compared to the $37.17 million average estimate based on two analysts.
  • Revenue- charging network- Charging, commercial: $8.81 million versus the two-analyst average estimate of $10.23 million.
  • Revenue- charging network- Charging, OEM: $4.78 million versus the two-analyst average estimate of $7.44 million.
  • Revenue- Ancillary: $20.63 million versus the two-analyst average estimate of $4.92 million.
  • Revenue- charging network- Network, OEM: $5.06 million versus $2.01 million estimated by two analysts on average.
  • Revenue- Total charging network: $55.72 million versus $59.37 million estimated by two analysts on average.
  • Revenue- eXtend: $33.19 million versus $21.8 million estimated by two analysts on average.
  • Revenue- charging network- Regulatory credit sales: $3.28 million versus the two-analyst average estimate of $2.53 million.

View all Key Company Metrics for EVgo here>>>

Shares of EVgo have returned +17.3% over the past month versus the Zacks S&P 500 composite's +9.5% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.

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