EVgo, an electric vehicle charging company, reported fourth-quarter revenue of $118.5 million, beating analyst estimates of $101.9 million by 16.3% and representing 75.5% year-on-year growth. The company also posted an adjusted EBITDA of $24.86 million, significantly exceeding expectations of $3.62 million. However, EVgo's full-year 2026 revenue guidance of $440 million came in 8% below analyst estimates. The company's EBITDA guidance for 2026 of $0 at the midpoint also fell short of analyst expectations of $32.93 million. EVgo's gigawatt-hours sold reached 99 in the quarter, up 15 year on year. CEO Badar Khan said the company established itself as one of the leading public charging network operators in the US in 2025.

EVgo, an electric vehicle charging company, is set to report Q4 results tomorrow before market hours. Last quarter, the company beat revenue expectations with $92.3 million, up 36.7% year on year, and reported 95 gigawatt-hours sold, up 21.8% year on year. For Q4, analysts expect revenue to grow 50.9% year on year, improving from last year's 35% increase. Analysts have generally reconfirmed their estimates over the past 30 days. Among EVgo's renewable energy peers, Bloom Energy reported 35.9% revenue growth whilst Sunrun posted 124% growth. The renewable energy segment has seen positive investor sentiment, with share prices up 4.7% on average over the past month. EVgo shares are down 6.5% during the same period, trading at $2.83 against an analyst price target of $6.54.

EVgo has announced plans to install at least 150 fast charging stalls annually at Kroger Family of Stores locations across the United States through 2035. The expansion builds on a partnership that began in 2022, with some Kroger sites receiving up to 16 high-power fast charging stalls. The company also plans to expand its NACS connector network to over 500 units by year-end, following a 2025 pilot programme that installed approximately 100 connectors across 22 metropolitan areas. Chief executive Badar Khan said the expansion will increase public fast charging access as more NACS vehicle models enter the American market. EVgo reported $92.3 million in total revenue in its latest quarter, a 37% year-on-year increase, with network throughput reaching 95 gigawatt-hours across 4,590 charging stalls.