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EVgo, Inc.

EVGOConsumer CyclicalNASDAQ

Specialty Retail · Last scanned May 29, 2026

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Financials · Annual
Revenue
$384.1M
+49.6% YoY
Net Income
-$41.6M
+6.2% YoY
EBITDA
-$20.4M
+67.7% YoY
Free Cash Flow
-$114.3M

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About EVgo, Inc.

Part of the consumer cyclical sector, EVgo, Inc. (EVGO) is listed under Specialty Retail. At a $677.9M market cap, EVgo, Inc. ranks as a small-cap company within consumer cyclical. It offers electricity directly to drivers; original equipment manufacturer charging and related services; and commercial charging.

Key stats
Market Cap$677.9M
Fwd P/E-6.55
EPS$-0.34
Beta2.83
52W Change-45.3%
ROE-27.4%
Analysis

On the balance sheet, EVGO has $122.4M in cash with $322.5M in obligations. The ability to service this debt comfortably depends on continued operational cash generation. The company is burning cash, with free cash flow at -$114.3M. This typically occurs when a company is investing aggressively in growth, but sustained cash burn can strain the balance sheet. Return on equity stands at -27.4%, which is negative for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. Revenue has grown from $54.6M (2022) to $384.1M (2025), reflecting a 604% increase over the period.

A beta of 2.83 means EVGO is more volatile than average. Investors should be prepared for wider price swings relative to broader indices. The company is burning cash at the operating level, which is not unusual for growth-phase companies but adds risk if it persists. Understanding these risk dimensions helps frame what to watch going forward as conditions evolve for EVgo, Inc. and its sector.

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