EVgo

Q2 FY2026 EarningsQ2 FY26 revenue of $82.6M slightly beat the $82.4M consensus, though it declined 16% YoY due to a 52% drop in eXtend hardware sales. Gross margin of 8.9% significantly missed the 31.8% expectation, impacted by network expansion costs and asset depreciation. GAAP EPS of -$0.15 was lower than the -$0.12 consensus, driven by higher interest expenses from DOE and Voyager loan balances, despite 19% YoY growth in the core charging network business.