Revenue: As of FY2025 Q1, the actual value is USD 75.29 M, beating the estimate of USD 71.37 M.EPS: As of FY2025 Q1, the actual value is USD -0.09, missing the estimate of USD -0.0887.EBIT: As of FY2025 Q1, the actual value is USD -7.263 M.<h3>Segment Revenue</h3><ul><li>Charging, Retail: Revenue increased by $11.7 million, or 64%, to $30.0 million for the three months ended March 31, 2025, compared to $18.3 million for the same period in 2024.</li><li>Charging, Commercial: Revenue increased by $2.7 million, or 52%, to $7.8 million for the three months ended March 31, 2025, compared to $5.1 million for the same period in 2024.</li><li>Charging, OEM: Revenue increased by $2.5 million, or 92%, to $5.3 million for the three months ended March 31, 2025, compared to $2.7 million for the same period in 2024.</li><li>Regulatory Credit Sales: Revenue increased by $0.8 million, or 37%, to $2.8 million for the three months ended March 31, 2025, compared to $2.0 million for the same period in 2024.</li><li>Network, OEM: Revenue decreased by $2.2 million, or 63%, to $1.3 million for the three months ended March 31, 2025, compared to $3.4 million for the same period in 2024.</li><li>eXtend: Revenue increased by $4.3 million, or 23%, to $23.5 million for the three months ended March 31, 2025, compared to $19.2 million for the same period in 2024.</li><li>Ancillary: Revenue increased by $0.3 million, or 7%, to $4.7 million for the three months ended March 31, 2025, compared to $4.4 million for the same period in 2024.</li></ul><h3>Operational Metrics</h3><ul><li>Net Loss: Net loss was $26.2 million for the three months ended March 31, 2025, compared to $28.2 million for the same period in 2024.</li><li>Gross Profit: Gross profit increased by $2.5 million to $9.3 million for the three months ended March 31, 2025, compared to $6.8 million for the same period in 2024.</li><li>Operating Loss: Operating loss was $33.4 million for the three months ended March 31, 2025, compared to $32.4 million for the same period in 2024.</li></ul><h3>Cash Flow</h3><ul><li>Operating Cash Flow: Net cash used in operating activities was $10.2 million for the three months ended March 31, 2025, compared to $14.1 million for the same period in 2024.</li><li>Investing Cash Flow: Net cash used in investing activities was $15.0 million for the three months ended March 31, 2025, compared to $21.0 million for the same period in 2024.</li><li>Financing Cash Flow: Net cash provided by financing activities was $75.3 million for the three months ended March 31, 2025, compared to $1.5 million for the same period in 2024.</li></ul><h3>Unique Metrics</h3><ul><li>Network Throughput: Network throughput on the EVgo Public Network was 83 GWh for the three months ended March 31, 2025, compared to 52 GWh for the same period in 2024.</li><li>Number of DC Stalls: The number of DC stalls on the EVgo Public Network was 3.5 thousand as of March 31, 2025, compared to 3.0 thousand as of March 31, 2024.</li></ul><h3>Future Outlook and Strategy</h3><ul><li>Core Business Focus: EVgo plans to continue expanding its charging network and increasing throughput, with a focus on retail, commercial, and OEM charging revenue streams.</li><li>Non-Core Business: The company is also focusing on eXtend and ancillary revenue streams, including dedicated fleet solutions and software-driven services.</li><li>Priority: EVgo aims to leverage its partnerships and strategic agreements, such as the DOE Loan and Delta Charger Supply Agreement, to support its growth and infrastructure expansion.</li></ul>

EVgo | 10-Q: FY2025 Q1 Revenue Beats Estimate at USD 75.29 M