EVgo network expanded 20% to 5,530 stalls: Q3 2026 report. In Q3, revenue from the charging network increased by 29% year-over-year. Published on November 9, 2026 EVgo reports a noticeable increase in charging revenue to nearly $72 million in Q3 2026, up 29% from the prior year. However, total revenue remained stable at $91.4 million, while net loss increased to $49.2 million, suggesting growing investments in network expansion. At the same time, EVgo reports a 20% year-over-year increase in the number of stalls in operation, record throughput on its public network, and customer growth to over 1.9 million. 1,230+ sites, 5,530 stalls. EVgo closed Q3 2026 with 5,530 DC fast-charging stalls in operation (up 20% year-over-year), installed across 1,230+ locations in 47 states. EVgo remains one of the largest EV charging networks in the US. The number of stalls increased by 150 compared to Q2 2026. However, that's the net deployment. The company explains that it added 160 new stalls during the quarter. The difference is most likely the removed legacy equipment. Public, AV and eXtend. The EVgo charging infrastructure consists of three elements: the EVgo public charging network, chargers dedicated to AV fleet customers, and EVgo eXtend (third-party businesses, primarily Pilot stations). The number of EVgo public stalls at the end of Q3 2026 was 4,020 (up 13% year-over-year), or 90 more than the previous quarter. That's the first time EVgo crossed 4,000. The number of AV stalls remains stable at 120 (up from 140 at the peak in Q3-Q4 2025). The EVgo eXtend program expanded by 60 stalls during the quarter, reaching 1,390 (up 58% year over year). The new Q3 report includes guidance for the 2026 financial year: 1,075-1,275 new stalls, including 600-750 public and AV stalls, and 475-525 EVgo eXtend stalls. Considering that the net deployment in the first three quarters amounted to 430 stalls, EV Charging Stations should see a massive Q4 (a year ago it was big, with 510 stalls, while two years ago it was 420 stalls). This would put the EVgo network at around 6,000 stalls total. 103 gwh in Q3 2026 (up 8%). EVgo public network throughput (excluding EVgo AV and eXtend sites) in Q3 2026 amounted to 103 gigawatt-hours (GWh) - nearly 8% more than a year ago. That's a new record. EVgo reports that the public network's average daily throughput per stall in Q3 2026 was 283 kWh (down 4% year over year from a record 295 kWh in Q3 2025). This indicates that the industry-wide expansion of DC fast-charging infrastructure matches/slightly outpaces demand growth. EVgo says the public network's average stall utilization was 20%, down from 22% a year ago. The average charging power during charging sessions was 60 kW (up 9% from 55 kW a year earlier). The share of chargers with a peak power output of at least 350 kW increased to 70%. 1.9 million customer accounts. According to the latest report, EVgo had over 1.93 million customer accounts as of the end of the quarter (over 95,000 new customer accounts and a net increase of 70,000 in Q3 2026). The average amount of energy dispensed per customer account was stable at 53 kWh per quarter. That's equivalent to one, maybe two, typical charging sessions per quarter. NACS deployment: 290+ stalls. Most EVgo chargers are equipped with CCS1 connectors, but the company is installing more NACS (SAE J3400) charging connectors to virtually double its addressable market (attracting millions of Tesla EV drivers). EVgo refers to an estimate that about 60% of EVs on US roads use the NACS charging port, and this share is expected to increase to 80% or more by 2030. In January 2026, EVgo set a target to have 500 NACS connectors by the end of 2026 (a net increase of 400 from 100). As of November 6, 2026, the company had over 290 NACS connectors deployed at roughly 125 locations. The Q3 report lowers the NACS guidance to approximately 400 NACS stalls by the end of 2026. The company aims to have a NACS connector at all 2023-vintage and newer sites within the next two years (so by late 2028). EVgo revealed that the share of NACS-native EVs on its network increased from 4% in Q3 2025 to 9% in 2026. Additionally, the data indicate that NACS charging sessions have 35% higher average power (82 kW vs. 61 kW for CCS1) and are 25% shorter (29 minutes vs. 39 minutes for CCS1). These numbers suggest that NACS sites should be more profitable. EVgo Superchargers. The plan to install EVgo Superchargers was first announced in August 2026. More sites are coming. They will be included in Tesla's in-car navigation and Trip Planner. Next-Generation charging architecture. In parallel, EVgo is developing its own next-generation charging architecture, previewed in September 2026. It's a 750-kW distributed charging system, which can supply power to 1-6 stalls simultaneously. The first station will open in 2027. All next-generation sites will feature NACS connectors and will support high-voltage battery systems (up to 1,000 volts). 2030 target. According to previous reports, EVgo plans to increase the number of stations to over 2,000 and the number of stalls to over 17,000 by the end of 2030. The network's average daily throughput per stall was expected to increase to 425-475 kWh. LS Power take private proposal. "On November 2, EVgo's Board of Directors received an unsolicited and non-binding proposal from LS Power Equity Advisors, to acquire all of the outstanding shares of EVgo's Class A common stock not currently owned by LS Power for $2.00 per share cash consideration." EVgo says it has established a special committee of independent, disinterested directors to review and evaluate the proposal. Badar Khan, CEO of EVgo, said: "This quarter we continued to expand EVgo's fast charging network and advance our path to sustainable profitability. In the third quarter, charging network revenue was up 29% year-over-year and our customer base surpassed a record 1.9 million accounts. This growth was the result of our multi-year efforts to strategically scale NACS across our network, add EVgo Superchargers, innovate to build the next-generation 750kW charging architecture, and expand partnerships with leading site hosts. At the same time, we are taking a disciplined approach to capital allocation by prioritizing higher-return sites, improving network utilization and implementing cost efficiencies." "EVgo has built a business model and a sustainable advantage that's hard to replicate, one that benefits from a number of growing megatrends and tailwinds that have already translated into strong financial results. We are as confident as ever in our path to sustained, positive Adjusted EBITDA and positioning EVgo to drive long-term value for our shareholders."

EVgo quarterly charging revenue advances 29% from year ago Key points

EVgo taps Tesla Superchargers for mass charging expansion. EVgo has tapped Tesla Superchargers for its most recent efforts to expand its charging presence in the United States, a move that seems logical based on the effectiveness of the automaker's own infrastructure. EVgo opened its first Supercharger site in Illinois, a 12-stall station near downtown Chicago at 3145 South Ashland Avenue in the Riverside Square & River's Edge center, right beside a grocery store. This marks the start of the company's plan to deploy hundreds of Supercharger stalls across the United States, primarily at grocery-anchored Regency Centers properties where drivers can shop, eat, or run errands while they charge. Binary Systems, Inc. has opened its first EVgo Supercharger location in Illinois, marking the start of its plan to add hundreds of Supercharger stalls across the U.S. Designed for both NACS and CCS vehicles with Magic Dock technology, these new sites help make fast charging more accessible and convenient for all EV drivers. Learn more: https://t.co/V92t5FDryQ - EVgo Fast Charging Network (@evgonetwork) November 5, 2026 The new location uses Tesla's Magic Dock technology so both NACS and CCS vehicles can plug in natively without drivers needing to carry their own adapters. Peak power reaches 325 kW at this site, with pricing set between $0.25 and $0.35 per kWh depending on the hour - the same rate for Tesla and non-Tesla drivers. The stalls also appear in Tesla's in-car navigation and Trip Planner, making them easy for Tesla owners to find and route to. Illinois has seen EV registrations rise nearly 60 percent over the past two years, and EVgo's broader network has experienced more than 700 percent growth in charging demand over three years, so the timing fits the market's trajectory. Choosing Tesla hardware through the Supercharger for Business program turns out to have been a smart, practical move. Tesla's V4 stalls and cabinets deliver high, reliable power with a proven track record of strong uptime, while Magic Dock delivers true dual-standard compatibility in one package. Because the sites show up in Tesla's navigation tools, EVgo instantly gains visibility among millions of existing Tesla drivers, which should raise utilization and help the company double its addressable market as more vehicles adopt NACS. EVgo still owns the stations and sets pricing, yet benefits from Tesla's established hardware, longer cables, and operational support. The result is faster, lower-risk infrastructure expansion that serves every EV driver - Tesla or otherwise - with convenient, high-power charging at everyday retail locations. For drivers, that means fewer adapters, more predictable stops, and a denser network just as electric vehicles become everyday transportation. Read MoreNews, Tesla, EVgo, FeaturedTESLARATI